Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
COHU 
Cohu Inc (COHU)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/02/2025: COHU (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $29
1 Year Target Price $29
| 4 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -22.41% | Avg. Invested days 38 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/02/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.13B USD | Price to earnings Ratio - | 1Y Target Price 29 |
Price to earnings Ratio - | 1Y Target Price 29 | ||
Volume (30-day avg) 5 | Beta 1.34 | 52 Weeks Range 12.57 - 29.07 | Updated Date 12/2/2025 |
52 Weeks Range 12.57 - 29.07 | Updated Date 12/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.57 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -17.22% | Operating Margin (TTM) -7.29% |
Management Effectiveness
Return on Assets (TTM) -4.43% | Return on Equity (TTM) -8.53% |
Valuation
Trailing PE - | Forward PE 57.14 | Enterprise Value 972830734 | Price to Sales(TTM) 2.66 |
Enterprise Value 972830734 | Price to Sales(TTM) 2.66 | ||
Enterprise Value to Revenue 2.29 | Enterprise Value to EBITDA 31.07 | Shares Outstanding 46692617 | Shares Floating 45449660 |
Shares Outstanding 46692617 | Shares Floating 45449660 | ||
Percent Insiders 2.86 | Percent Institutions 99.04 |
Upturn AI SWOT
Cohu Inc
Company Overview
History and Background
Cohu, Inc. was founded in 1957 as Kay Lab. It initially focused on manufacturing television cameras. Over time, the company shifted its focus towards testing and handling equipment for the semiconductor industry, becoming a leading provider of back-end equipment. The company has grown through both organic expansion and strategic acquisitions.
Core Business Areas
- Test Equipment: Supplies test equipment used to verify the performance and reliability of semiconductor devices. This includes test instrumentation, handlers, and interface solutions.
- Handler Equipment: Develops and manufactures equipment that automatically handles semiconductor devices during testing and production. This segment includes pick-and-place, gravity, and turret handlers.
- MEMS Test Solutions: Testing solutions for Microelectromechanical systems used by semiconductor companies.
Leadership and Structure
Luis Mu00fcller is the President and CEO. The company has a typical corporate structure with functional departments like engineering, sales, marketing, finance, and operations.
Top Products and Market Share
Key Offerings
- Diamondx Test System: A high-performance test system for automotive, mobile, and consumer devices. Competitors include Advantest and Teradyne. Market share data is difficult to ascertain precisely but Cohu is a top player in this segment.
- NEON Inspection System: A visual inspection system that identifies defects in semiconductor devices. Competitors include KLA Corporation. Market share data is difficult to ascertain precisely but Cohu is a top player in this segment.
- Turret Handlers: High-speed automated handlers for IC testing. Competitors include Advantest and Teradyne. Market share data is difficult to ascertain precisely but Cohu is a top player in this segment.
Market Dynamics
Industry Overview
The semiconductor test and handling equipment industry is cyclical and driven by demand for semiconductors. Key trends include increasing complexity of devices, the need for faster test times, and the growing importance of quality and reliability.
Positioning
Cohu Inc. is a major player in the back-end semiconductor equipment market, specializing in test and handling solutions. The company differentiates itself through its focus on specific applications, such as automotive and MEMS. It's competitive advantages include innovative engineering and good integration between test and handler equipment.
Total Addressable Market (TAM)
The semiconductor test equipment market is valued at approximately $5 billion annually. Cohu Inc. is positioned to capture a significant share of this TAM, particularly in its niche markets such as automotive and MEMS testing.
Upturn SWOT Analysis
Strengths
- Strong expertise in test and handling equipment
- Focus on specific application areas
- Global presence and customer base
- Innovative product portfolio
- Good integration of test and handler systems
Weaknesses
- Cyclical revenue stream
- Susceptible to economic downturns
- Limited diversification beyond semiconductor equipment
- Customer concentration risk
Opportunities
- Growth in automotive semiconductors
- Expansion into new applications such as 5G and AI
- Increasing demand for test equipment
- Strategic acquisitions to broaden product portfolio
Threats
- Intense competition
- Technological obsolescence
- Economic slowdowns
- Geopolitical risks
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- Advantest (ATEYY)
- Teradyne (TER)
- KLA Corporation (KLAC)
Competitive Landscape
Cohu competes with larger, more diversified players. Its advantages lie in its focus on specific application areas and its integrated test and handling solutions.
Major Acquisitions
Xcerra Corporation
- Year: 2018
- Acquisition Price (USD millions): 796.4
- Strategic Rationale: Expanded product portfolio and increased market share in the semiconductor test and handling equipment market.
Growth Trajectory and Initiatives
Historical Growth: Growth has been cyclical, with periods of rapid expansion followed by downturns.
Future Projections: Analysts predict continued growth in the long term, driven by increasing demand for semiconductors. Future projections will depend on successful integrations of past acquisitions.
Recent Initiatives: Strategic acquisitions to expand the product portfolio, focus on automotive and other high-growth markets, and investments in research and development.
Summary
Cohu Inc. is a mid-sized player in a cyclical industry. It has a good niche focus on automotive and MEMS. However, they are very susceptible to the economic environment and must continue to innovate to stay competitive. Their strategic acquisitions can help them grow, but they must integrate successfully.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Financial data is subject to change. Consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Cohu Inc
Exchange NASDAQ | Headquaters Poway, CA, United States | ||
IPO Launch date 1986-11-12 | President, CEO & Director Dr. Luis Antonio Müller Ph.D. | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 2986 | Website https://www.cohu.com |
Full time employees 2986 | Website https://www.cohu.com | ||
Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, China, Malaysia, the Philippines, Singapore, and internationally. It supplies test and inspection metrology automation systems, micro-electromechanical system test modules, test contactors, thermal subsystems, and data analytics software for semiconductor manufacturers and test subcontractors. The company also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, film frame, laser marker, and thermal sub-systems; interface products comprising test contactors, and probe heads and pins; spares and kits; various parts and labor warranties on test and handling systems, and instruments; and training on the maintenance and operation of its systems, as well as application, data management software, and consulting services on its products. In addition, it offers data analytics product that includes DI-Core, a software suite used to optimize Cohu equipment performance, which provides real-time online performance monitoring and process control. Further, the company provides artificial intelligence process control and analytics-based monitoring software. It markets its products through direct sales force and independent sales representatives. The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. Cohu, Inc. was incorporated in 1947 and is headquartered in Poway, California.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.