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Cohu, Inc. (COHU)

Technology | Semiconductor Equipment & Materials | San Diego, United States | NasdaqGS
41.26 USD +1.89 (4.801%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 41.94 +0.68 (1.636%) ⇧ (April 17, 2026, 7:20 p.m. EDT)

Short-term: ★★★★★ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:08 p.m. EDT

Cohu is decoding a classic 'momentum breakout' setup rather than a fundamental value buy. While buyer sentiment from options flow (especially ITM call buying) favors this move toward the 52-week high, the underlying business is financially distressed: the company posted $453M revenue but generated negative operating margins (-11%) and trailing EPS of -1.67. The market is ignoring the loss-making structure, betting solely on the ~30% recent price run and the semiconductor equipment cycle recovery. This trade is purely a technical/speculative play on short-term price action, not a long-term investment proposition given the poor fundamentals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.053714
AutoARIMA0.079108
AutoETS0.079110
MSTL0.079330

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 54%
H-stat 2.94
Ljung-Box p 0.000
Jarque-Bera p 0.295
Excess Kurtosis -0.07
Attribute Value
Sector Technology
Ex Dividend Date 2020-02-23
Last Dividend Date 2020-02-23
Debt to Equity Ratio 42.12
Revenue per Share 9.694
Market Cap 1,946,080,640
Forward P/E 33.60
Beta 1.24
Profit Margins -16.40%
Website https://www.cohu.com

As of April 18, 2026, 10:08 p.m. EDT: Options flow shows aggressive bullish positioning for the near term, with heavy Open Interest (OI) accumulation in 45-day Call strikes at 30.0 and 35.0, capturing over half the total volume despite being deep ITM. The 0.17 month exp (April 17) Call data shows significant new volume into ITM strikes. Conversely, Put flow is stagnant; the 'Top OI' for 45-day Puts is actually in deep OTM (20.0), suggesting little directional hedging or profit-taking at current levels until a significant drop occurs. Higher-dated November/December calls show significant Open Interest, implying a momentum strategy rather than pure directional Gamma exposure.


Dividend Data

Dividend History
Date Dividend Yield %
2020-02-24 0.06000 0.277906
2019-11-14 0.06000 0.299334
2019-08-22 0.06000 0.480840
2019-06-13 0.06000 0.368377
2019-02-25 0.06000 0.324062
2018-11-15 0.06000 0.342236
2018-08-23 0.06000 0.237375
2018-06-14 0.06000 0.243199
2018-02-26 0.06000 0.303821
2017-11-16 0.06000 0.248764
2017-08-23 0.06000 0.353890
2017-06-14 0.06000 0.353069
2017-02-24 0.06000 0.374232
2016-11-16 0.06000 0.529098
2016-08-24 0.06000 0.586327
2016-06-15 0.06000 0.525851
2016-02-26 0.06000 0.545646
2015-11-18 0.06000 0.516914
2015-08-26 0.06000 0.693511
2015-06-17 0.06000 0.509575
2015-02-27 0.06000 0.595639
2014-11-19 0.06000 0.572148
2014-08-27 0.06000 0.525310
2014-06-18 0.06000 0.593470
2014-02-28 0.06000 0.656412
2013-11-20 0.06000 0.716536
2013-08-28 0.06000 0.670045
2013-06-19 0.06000 0.583173
2013-03-01 0.06000 0.704279
2012-11-20 0.06000 0.773572
2012-08-29 0.06000 0.766677
2012-06-20 0.06000 0.731039
2012-03-02 0.06000 0.657012
2011-11-22 0.06000 0.734135
2011-08-31 0.06000 0.634689
2011-06-22 0.06000 0.578172
2011-03-04 0.06000 0.472118
2010-11-23 0.06000 0.491632
2010-09-01 0.06000 0.595834
2010-06-23 0.06000 0.532954
2010-03-05 0.06000 0.498172
2009-11-24 0.06000 0.618635
2009-09-02 0.06000 0.624996
2009-06-24 0.06000 0.804363
2009-03-06 0.06000 1.004332
2008-11-25 0.06000 0.679746
2008-09-03 0.06000 0.464470
2008-06-25 0.06000 0.480749
2008-03-07 0.06000 0.499856
2007-11-28 0.06000 0.479067
2007-09-05 0.06000 0.392458
2007-06-20 0.06000 0.360225
2007-03-09 0.06000 0.407369
2006-11-29 0.06000 0.383766
2006-09-06 0.06000 0.496625
2006-06-21 0.06000 0.467714
2006-03-10 0.06000 0.377793
2005-11-30 0.06000 0.291813
2005-09-07 0.06000 0.328871
2005-06-22 0.05000 0.343003
2005-03-11 0.05000 0.371516
2004-12-01 0.05000 0.377945
2004-09-08 0.05000 0.467509
2004-06-23 0.05000 0.366905
2004-03-12 0.05000 0.358934
2003-12-03 0.05000 0.333724
2003-09-10 0.05000 0.311791
2003-06-19 0.05000 0.408908
2003-03-14 0.05000 0.476134
2002-12-04 0.05000 0.456350
2002-09-11 0.05000 0.444262
2002-06-18 0.05000 0.360154
2002-03-14 0.05000 0.246570
2001-12-05 0.05000 0.319197
2001-09-17 0.05000 0.436485
2001-06-20 0.05000 0.374595
2001-03-15 0.05000 0.414559
2000-11-29 0.05000 0.451714
2000-09-06 0.05000 0.362276
2000-06-21 0.05000 0.213555
2000-03-16 0.05000 0.178073
1999-11-29 0.04500 0.270061
1999-09-01 0.04500 0.289819
1999-06-16 0.04500 0.397037
1999-03-10 0.04500 0.519921
1998-11-27 0.04000 0.466229
1998-09-02 0.04000 0.690955
1998-06-17 0.04000 0.442536
1998-03-11 0.04000 0.301879
1997-11-26 0.03000 0.240516
1997-09-03 0.03000 0.155843
1997-06-17 0.03000 0.263532
1997-03-05 0.03000 0.338550
1996-11-27 0.02500 0.303860
1996-09-04 0.02500 0.392124
1996-06-12 0.02500 0.306200
1996-03-06 0.02500 0.245875
1995-11-29 0.02000 0.200450
1995-08-30 0.02000 0.199006
1995-06-14 0.02000 0.278530
1995-02-28 0.01750 0.358690
1994-11-28 0.01500 0.446527
1994-08-29 0.01500 0.468948
1994-05-27 0.01500 0.527027
1994-02-28 0.01500 0.404259
1993-11-29 0.01250 0.419882
1993-08-30 0.01250 0.412219
1993-05-28 0.01250 0.490561
1993-03-01 0.01250 0.775235
1992-11-30 0.01125 1.002906
1992-08-31 0.01125 1.317621
1992-06-01 0.01125 1.171939
1992-02-25 0.01000 1.006394
1991-12-02 0.01000 1.034550
1991-08-30 0.01000 1.137343
1991-06-03 0.01000 1.215534
1991-02-25 0.01000 1.116306
1990-12-03 0.01000 1.405377
1990-08-31 0.01000 1.380011
1990-06-04 0.01000 1.040522
1990-02-26 0.00875 1.178788
1989-12-04 0.00875 1.088795
1989-09-01 0.00875 1.000789
1989-05-31 0.00875 0.857745
1989-02-27 0.00875 0.904071
1988-08-29 0.00750 0.990829
1988-06-01 0.00750 0.907279
1988-02-29 0.00750 1.211878
1987-11-30 0.00625 1.419976
1987-08-28 0.00250 0.422755
Additional Data
exDividendDate 2020-02-24
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.06
lastDividendDate 2020-02-24
dividendDate 2020-04-09

Info Dump

Attribute Value
52 Week Change 1.8853147
Address1 17,087 Via Del Campo
All Time High 61.75
All Time Low 0.484375
Ask 51.26
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 830,710
Average Daily Volume3 Month 799,414
Average Volume 799,414
Average Volume10Days 830,710
Beta 1.243
Bid 30.35
Bid Size 2
Board Risk 3
Book Value 16.769
City San Diego
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 41.26
Current Ratio 6.876
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 42.17
Day Low 39.7001
Debt To Equity 42.12
Display Name Cohu
Dividend Date 1,586,390,400
Earnings Call Timestamp End 1,777,581,000
Earnings Call Timestamp Start 1,777,581,000
Earnings Timestamp 1,777,579,200
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda -10,241,000
Ebitda Margins -0.02261
Enterprise To Ebitda -173.958
Enterprise To Revenue 3.933
Enterprise Value 1,781,501,312
Eps Current Year 0.535
Eps Forward 1.228
Eps Trailing Twelve Months -1.59
Esg Populated 0
Ex Dividend Date 1,582,502,400
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.5424
Fifty Day Average Change 9.717598
Fifty Day Average Change Percent 0.3080805
Fifty Two Week Change Percent 188.53146
Fifty Two Week High 42.17
Fifty Two Week High Change -0.90999985
Fifty Two Week High Change Percent -0.02157932
Fifty Two Week Low 13.66
Fifty Two Week Low Change 27.599998
Fifty Two Week Low Change Percent 2.0204978
Fifty Two Week Range 13.66 - 42.17
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 1.31
Float Shares 45,605,929
Forward Eps 1.228
Forward P E 33.599346
Free Cashflow 48,075,500
Full Exchange Name NasdaqGS
Full Time Employees 2,777
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.42745999
Gross Profits 193,619,008
Has Pre Post Market Data 1
Held Percent Insiders 0.0306
Held Percent Institutions 1.04858
Implied Shares Outstanding 47,166,278
Industry Semiconductor Equipment & Materials
Industry Disp Semiconductor Equipment & Materials
Industry Key semiconductor-equipment-materials
Ir Website http://ir.cohu.com/phoenix.zhtml?c=97857&p=irol-IRHome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,582,502,400
Last Dividend Value 0.06
Last Fiscal Year End 1,766,793,600
Last Split Date 938,390,400
Last Split Factor 2:1
Long Business Summary Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, 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 San Diego, California.
Long Name Cohu, Inc.
Market us_market
Market Cap 1,946,080,640
Market State CLOSED
Max Age 86,400
Message Board Id finmb_262125
Most Recent Quarter 1,766,793,600
Net Income To Common -74,273,000
Next Fiscal Year End 1,798,329,600
Non Diluted Market Cap 1,946,552,293
Number Of Analyst Opinions 6
Open 40.74
Operating Cashflow 31,692,000
Operating Margins -0.112040006
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 1.15
Phone 858 848 8100
Post Market Change 0.67500305
Post Market Change Percent 1.6359745
Post Market Price 41.935
Post Market Time 1,776,468,043
Previous Close 39.37
Price Eps Current Year 77.12149
Price Hint 2
Price To Book 2.4604926
Price To Sales Trailing12 Months 4.296401
Profit Margins -0.16397
Quick Ratio 5.47
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.16667
Region US
Regular Market Change 1.89
Regular Market Change Percent 4.80061
Regular Market Day High 42.17
Regular Market Day Low 39.7001
Regular Market Day Range 39.7001 - 42.17
Regular Market Open 40.74
Regular Market Previous Close 39.37
Regular Market Price 41.26
Regular Market Time 1,776,456,001
Regular Market Volume 1,109,338
Return On Assets -0.03396
Return On Equity -0.09044
Revenue Growth 0.299
Revenue Per Share 9.694
Sand P52 Week Change 0.38150132
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 5
Shares Outstanding 47,166,278
Shares Percent Shares Out 0.1306
Shares Short 6,161,060
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 5,889,781
Short Name Cohu, Inc.
Short Percent Of Float 0.1578
Short Ratio 10.76
Source Interval 15
State CA
Symbol COHU
Target High Price 41.0
Target Low Price 26.0
Target Mean Price 34.0
Target Median Price 34.5
Total Cash 483,980,992
Total Cash Per Share 10.322
Total Debt 330,870,016
Total Revenue 452,956,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.59
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 24.8057
Two Hundred Day Average Change 16.454298
Two Hundred Day Average Change Percent 0.6633273
Type Disp Equity
Volume 1,109,338
Website https://www.cohu.com
Zip 92,127-1711