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Upturn AI SWOT - About
COHU 
Cohu Inc (COHU)
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Upturn Advisory Summary
10/14/2025: COHU (1-star) is currently NOT-A-BUY. Pass it for now.
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 $25.75
1 Year Target Price $25.75
| 4 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -27.76% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 993.39M USD | Price to earnings Ratio - | 1Y Target Price 25.75 |
Price to earnings Ratio - | 1Y Target Price 25.75 | ||
Volume (30-day avg) 5 | Beta 1.36 | 52 Weeks Range 12.57 - 29.42 | Updated Date 10/13/2025 |
52 Weeks Range 12.57 - 29.42 | Updated Date 10/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.86 |
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 -22.11% | Operating Margin (TTM) -14.79% |
Management Effectiveness
Return on Assets (TTM) -4.8% | Return on Equity (TTM) -10.09% |
Valuation
Trailing PE - | Forward PE 50.51 | Enterprise Value 783540372 | Price to Sales(TTM) 2.52 |
Enterprise Value 783540372 | Price to Sales(TTM) 2.52 | ||
Enterprise Value to Revenue 1.99 | Enterprise Value to EBITDA 31.07 | Shares Outstanding 46681643 | Shares Floating 45438511 |
Shares Outstanding 46681643 | Shares Floating 45438511 | ||
Percent Insiders 2.86 | Percent Institutions 93.99 |
Upturn AI SWOT
Cohu Inc
Company Overview
History and Background
Cohu, Inc. was founded in 1957. Initially focused on video cameras, it transitioned to semiconductor test and inspection equipment. Significant milestones include strategic acquisitions and expansion into diverse markets within the semiconductor industry.
Core Business Areas
- Test Equipment: Designs, manufactures, and services semiconductor test equipment used in the testing of integrated circuits (ICs).
- Interface Products: Provides interface products, including contactors and handlers, that connect ICs to test equipment.
- Thermal Subsystems: Offers thermal management solutions for semiconductor testing, ensuring precise temperature control during testing.
Leadership and Structure
Luis A. Mu00fcller is the President and CEO. The company operates with a functional organizational structure, with departments focusing on engineering, sales, marketing, and operations.
Top Products and Market Share
Key Offerings
- DI-Core Handler: A semiconductor test handler designed to handle a wide range of devices. Market share data isn't publicly available, but it is a key player in handler market. Competitors include Advantest and Teradyne.
- Neon Inspection System: Automated vision inspection solutions for semiconductor manufacturing. Market share data isn't publicly available, but it's a notable player in this market segment. Competitors include Camtek and Rudolph Technologies (Onto Innovation).
- MEMS Test Modules: These modules test microelectromechanical systems (MEMS). Market share and exact revenue figures related to this product aren't specifically disclosed. Competitors include Advantest.
Market Dynamics
Industry Overview
The semiconductor test equipment industry is cyclical, driven by semiconductor demand, technology advancements, and capital expenditures of semiconductor manufacturers.
Positioning
Cohu is a mid-sized player in the semiconductor test equipment market, known for its handler and interface solutions. It competes with larger players like Advantest and Teradyne.
Total Addressable Market (TAM)
The total addressable market (TAM) for semiconductor test equipment is estimated to be in the billions of dollars annually. Cohu is positioned to capture a portion of this TAM through its diverse product portfolio and focus on specific market segments.
Upturn SWOT Analysis
Strengths
- Strong presence in handler and interface solutions
- Diverse product portfolio
- Established customer base
- Global service network
Weaknesses
- Smaller scale compared to industry giants
- Susceptibility to industry cyclicality
- Reliance on semiconductor industry capital expenditures
Opportunities
- Growth in advanced packaging technologies
- Increasing demand for testing of complex ICs
- Expansion into new geographic markets
- Potential for acquisitions to broaden product offerings
Threats
- Intense competition from larger players
- Technological obsolescence
- Economic downturns impacting semiconductor demand
- Geopolitical risks affecting supply chains
Competitors and Market Share
Key Competitors
- Advantest Corp (ATEYY)
- Teradyne Inc (TER)
- National Instruments (NATI)
Competitive Landscape
Cohu is a significant player, specializing in handlers and thermal subsystems, but faces competition from larger, more diversified companies like Advantest and Teradyne. Cohu's competitive advantage lies in its focused product portfolio and strong customer relationships.
Major Acquisitions
Xcerra
- Year: 2018
- Acquisition Price (USD millions): 796.4
- Strategic Rationale: Expanded Cohu's test handler and interface product offerings.
Growth Trajectory and Initiatives
Historical Growth: Growth has been influenced by semiconductor industry cycles and strategic acquisitions.
Future Projections: Future growth depends on semiconductor demand, technological advancements, and successful execution of strategic initiatives. Analyst estimates need to be consulted for detailed projections.
Recent Initiatives: Recent strategic initiatives involve focusing on advanced packaging and expanding into new markets.
Summary
Cohu Inc. operates in the cyclical semiconductor test equipment market. Strengths include its focused product portfolio of handlers and interface products, while weaknesses include its smaller size compared to competitors. Expansion into advanced packaging and new markets represents opportunities, but economic downturns and intense competition pose threats. The company's financial performance is directly tied to the capital spending budgets of major semiconductor manufacturers.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Industry Reports
- Market Research Reports
Disclaimers:
The data provided is based on available information and market estimates and may not be entirely accurate. Market conditions and company performance are subject to change.
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.
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