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Upturn AI SWOT - About
COHU 
Cohu Inc (COHU)
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Upturn Advisory Summary
08/13/2025: 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 -25.19% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/13/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 962.57M 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 1.25 | 52 Weeks Range 12.57 - 29.42 | Updated Date 08/12/2025 |
52 Weeks Range 12.57 - 29.42 | Updated Date 08/12/2025 | ||
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 2025-07-31 | When - | Estimate -0.01 | Actual 0.02 |
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 32.05 | Enterprise Value 736858729 | Price to Sales(TTM) 2.44 |
Enterprise Value 736858729 | Price to Sales(TTM) 2.44 | ||
Enterprise Value to Revenue 1.87 | Enterprise Value to EBITDA 31.07 | Shares Outstanding 46681600 | Shares Floating 45438511 |
Shares Outstanding 46681600 | Shares Floating 45438511 | ||
Percent Insiders 2.86 | Percent Institutions 90.99 |
Upturn AI SWOT
Cohu Inc
Company Overview
History and Background
Cohu Inc. was founded in 1957. Initially focused on television cameras, the company transitioned to supplying test and handling equipment for the semiconductor industry. Over time, Cohu has grown through strategic acquisitions and organic development, establishing itself as a key player in back-end semiconductor equipment.
Core Business Areas
- Test & Inspection: Provides equipment for testing semiconductors, covering handlers, contactors, and vision inspection systems. These products ensure the quality and reliability of semiconductors across various applications.
- Thermal Subsystems: Offers thermal management solutions crucial for regulating temperature during semiconductor testing, ensuring accurate and reliable results.
Leadership and Structure
Luis Mu00fcller serves as the President and CEO. Cohu operates with a functional organizational structure, encompassing various departments such as sales, marketing, engineering, and operations, reporting to executive leadership.
Top Products and Market Share
Key Offerings
- Diamondx Test Handlers: High-performance test handlers used for final test of integrated circuits. Cohu is a major player in test handlers. Competitors include Advantest (ATEYY) and Teradyne (TER). Market share varies by specific handler type but Cohu maintains a strong position.
- Kelman Contactor: Contacting solutions for reliable and high-speed testing of semiconductor devices. Competitors include Smiths Interconnect, and Ironwood Electronics. Market share fluctuates based on customer needs and new product introductions, but Cohu is well-regarded.
- inSPEK Wafer Inspection System: Automated visual inspection system for wafers and components during manufacturing processes. Competitors include Rudolph Technologies (acquired by Onto Innovation (ONTO)) and Camtek (CAMT). Market share is growing as demand increases for high precision inspection in advanced packaging.
Market Dynamics
Industry Overview
The semiconductor test and handling equipment industry is driven by the demand for semiconductors in various sectors, including automotive, consumer electronics, industrial automation, and data centers. It is characterized by cyclical demand and technological advancements in semiconductor manufacturing.
Positioning
Cohu is positioned as a leading provider of test and handling equipment, focusing on high-growth segments like automotive, 5G, and advanced packaging. Its competitive advantages include a broad product portfolio, strong customer relationships, and a global service network.
Total Addressable Market (TAM)
The total addressable market for semiconductor test and handling equipment is estimated to be in the billions of dollars annually. Cohu is positioned to capture a significant portion of this TAM by expanding its product offerings and targeting high-growth end markets. Approximately $5 Billion USD.
Upturn SWOT Analysis
Strengths
- Broad Product Portfolio
- Strong Customer Relationships
- Global Service Network
- Focus on High-Growth Markets
- Innovative Technology
Weaknesses
- Cyclical Demand
- Dependence on Semiconductor Industry
- High Competition
- Inventory Management
Opportunities
- Expansion into New Markets
- Increased Demand for Advanced Packaging
- Growing Adoption of 5G and Automotive Semiconductors
- Strategic Acquisitions
- Technological Innovations
Threats
- Economic Downturns
- Geopolitical Risks
- Intense Competition
- Technological Obsolescence
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- TER
- ATEYY
- ONTO
Competitive Landscape
Cohu competes with larger companies like Teradyne and Advantest, with a focus on niche markets and customized solutions. Cohu's competitive advantage lies in its broad product portfolio and strong customer relationships, while its disadvantage is the cyclical industry.
Major Acquisitions
Ismeca Automation Holding SA
- Year: 2018
- Acquisition Price (USD millions): 97.7
- Strategic Rationale: Expanded Cohu's product portfolio in test and handling equipment for semiconductors, particularly in automotive, medical and communications applications. (Million USD)
Growth Trajectory and Initiatives
Historical Growth: Cohu's growth has been driven by acquisitions and organic development, with periods of strong growth during semiconductor booms and periods of contraction during downturns.
Future Projections: Analysts project future growth driven by increasing demand for semiconductors, particularly in automotive and 5G applications. The growth rate may vary year to year because the industry is cyclical.
Recent Initiatives: Recent initiatives include investments in R&D to develop new products, strategic acquisitions to expand the product portfolio, and expansion of the global service network.
Summary
Cohu Inc. is a significant player in the semiconductor test and handling equipment industry, with a diversified product line and solid customer relationships. Its success hinges on effectively navigating the cyclical nature of the semiconductor market and capitalizing on opportunities in high-growth areas like automotive and 5G. The company needs to remain innovative and competitive amid intense industry pressures. Cohu is financially stable and has opportunities for growth through strategic initiatives, however, the company's performance is significantly impacted by the cyclical nature of the semiconductor industry.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Presentations
- Analyst Reports
- Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be considered financial advice. Market share data are estimates and may vary. Future performance is not guaranteed.
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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