Cohu, Inc. (COHU)Technology | Semiconductor Equipment & Materials | San Diego, United States | NasdaqGS
48.00 USD
-3.69
(-7.139%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 49.21 +1.21 (2.521%) ⇧ (Aug. 28, 2026, 7:52 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:41 a.m. EDT
The investment case here is fractured by a stark divergence between the company's operational reality and the market's speculative hopes. Fundamentally, the business is struggling; it is posting negative earnings, negative return on equity, and a forward P/E that implies massive growth expectations despite a lack of proven profitability. The balance sheet is thin, and the multi-year price trajectory shows a structural decline, with the stock trading well below its 2021 highs despite a recent rally. This makes the long-term outlook precarious; without a confirmed turnaround in profitability, the current valuation is a trap. However, the short-term setup is aggressive. The stock has detached from its 200-day average, showing strong relative strength, and the options chain reveals a heavy concentration of bullish bets on a rapid surge to the $65-$70 range. Analysts have raised targets to $65, fueling this sentiment. While the statistical forecast model offers only a weak lean upward, the options flow suggests smart money is betting on a catalyst—likely the upcoming earnings report—to trigger a parabolic move. This is a high-risk, high-reward scenario suitable only for traders willing to risk a significant drop if the AI hype fails to materialize into actual profits. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.226471 |
| AutoETS | 0.228729 |
| AutoARIMA | 0.228734 |
| AutoTheta | 0.331351 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 1.39 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.106 |
| Excess Kurtosis | 1.40 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Ex Dividend Date | 2020-02-23 |
| Last Dividend Date | 2020-02-23 |
| Debt to Equity Ratio | 42.764 |
| Revenue per Share | 11.124 |
| Market Cap | 2,272,244,736 |
| Forward P/E | 26.00 |
| Beta | 1.60 |
| Profit Margins | -7.43% |
| Website | https://www.cohu.com |
As of Aug. 22, 2026, 1:41 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. In the near term (August/September), there is heavy open interest in out-of-the-money calls at strikes like 65, suggesting a bet on a sharp breakout above current levels. However, deep in-the-money put volume at strikes significantly below the current price (e.g., 22.5, 25.0 in December) indicates a hedge against a severe crash or a 'buy the dip' strategy waiting for a major failure. The skew suggests traders expect a binary event: either a massive rally driven by the AI narrative or a significant correction, rather than a linear uptrend.
| Date | Dividend | Yield % |
|---|---|---|
| 2020-02-24 | 0.06000 | 0.277906 |
| 2019-11-14 | 0.06000 | 0.298507 |
| 2019-08-22 | 0.06000 | 0.478088 |
| 2019-06-13 | 0.06000 | 0.364520 |
| 2019-02-25 | 0.06000 | 0.319489 |
| 2018-11-15 | 0.06000 | 0.336323 |
| 2018-08-23 | 0.06000 | 0.232468 |
| 2018-06-14 | 0.06000 | 0.237624 |
| 2018-02-26 | 0.06000 | 0.296150 |
| 2017-11-16 | 0.06000 | 0.241741 |
| 2017-08-23 | 0.06000 | 0.343053 |
| 2017-06-14 | 0.06000 | 0.341103 |
| 2017-02-24 | 0.06000 | 0.360360 |
| 2016-11-16 | 0.06000 | 0.507614 |
| 2016-08-24 | 0.06000 | 0.559701 |
| 2016-06-15 | 0.06000 | 0.499168 |
| 2016-02-26 | 0.06000 | 0.515464 |
| 2015-11-18 | 0.06000 | 0.485830 |
| 2015-08-26 | 0.06000 | 0.648649 |
| 2015-06-17 | 0.06000 | 0.473560 |
| 2015-02-27 | 0.06000 | 0.550964 |
| 2014-11-19 | 0.06000 | 0.526316 |
| 2014-08-27 | 0.06000 | 0.480769 |
| 2014-06-18 | 0.06000 | 0.540541 |
| 2014-02-28 | 0.06000 | 0.594648 |
| 2013-11-20 | 0.06000 | 0.645161 |
| 2013-08-28 | 0.06000 | 0.599401 |
| 2013-06-19 | 0.06000 | 0.518583 |
| 2013-03-01 | 0.06000 | 0.623053 |
| 2012-11-20 | 0.06000 | 0.680272 |
| 2012-08-29 | 0.06000 | 0.669643 |
| 2012-06-20 | 0.06000 | 0.634249 |
| 2012-03-02 | 0.06000 | 0.566572 |
| 2011-11-22 | 0.06000 | 0.629591 |
| 2011-08-31 | 0.06000 | 0.541028 |
| 2011-06-22 | 0.06000 | 0.490196 |
| 2011-03-04 | 0.06000 | 0.398406 |
| 2010-11-23 | 0.06000 | 0.413223 |
| 2010-09-01 | 0.06000 | 0.498753 |
| 2010-06-23 | 0.06000 | 0.443787 |
| 2010-03-05 | 0.06000 | 0.412939 |
| 2009-11-24 | 0.06000 | 0.510638 |
| 2009-09-02 | 0.06000 | 0.513259 |
| 2009-06-24 | 0.06000 | 0.657174 |
| 2009-03-06 | 0.06000 | 0.815217 |
| 2008-11-25 | 0.06000 | 0.547445 |
| 2008-09-03 | 0.06000 | 0.371978 |
| 2008-06-25 | 0.06000 | 0.383632 |
| 2008-03-07 | 0.06000 | 0.397351 |
| 2007-11-28 | 0.06000 | 0.379267 |
| 2007-09-05 | 0.06000 | 0.309438 |
| 2007-06-20 | 0.06000 | 0.283152 |
| 2007-03-09 | 0.06000 | 0.319319 |
| 2006-11-29 | 0.06000 | 0.299850 |
| 2006-09-06 | 0.06000 | 0.386847 |
| 2006-06-21 | 0.06000 | 0.362976 |
| 2006-03-10 | 0.06000 | 0.292113 |
| 2005-11-30 | 0.06000 | 0.224972 |
| 2005-09-07 | 0.06000 | 0.252951 |
| 2005-06-22 | 0.05000 | 0.263158 |
| 2005-03-11 | 0.05000 | 0.284252 |
| 2004-12-01 | 0.05000 | 0.288351 |
| 2004-09-08 | 0.05000 | 0.355619 |
| 2004-06-23 | 0.05000 | 0.278087 |
| 2004-03-12 | 0.05000 | 0.271297 |
| 2003-12-03 | 0.05000 | 0.251509 |
| 2003-09-10 | 0.05000 | 0.234412 |
| 2003-06-19 | 0.05000 | 0.306748 |
| 2003-03-14 | 0.05000 | 0.356125 |
| 2002-12-04 | 0.05000 | 0.340136 |
| 2002-09-11 | 0.05000 | 0.330033 |
| 2002-06-18 | 0.05000 | 0.266667 |
| 2002-03-14 | 0.05000 | 0.182083 |
| 2001-12-05 | 0.05000 | 0.235294 |
| 2001-09-17 | 0.05000 | 0.320924 |
| 2001-06-20 | 0.05000 | 0.274574 |
| 2001-03-15 | 0.05000 | 0.303030 |
| 2000-11-29 | 0.05000 | 0.329218 |
| 2000-09-06 | 0.05000 | 0.263158 |
| 2000-06-21 | 0.05000 | 0.154739 |
| 2000-03-16 | 0.05000 | 0.128824 |
| 1999-11-29 | 0.04500 | 0.195122 |
| 1999-09-01 | 0.04500 | 0.208999 |
| 1999-06-16 | 0.04500 | 0.285714 |
| 1999-03-10 | 0.04500 | 0.373057 |
| 1998-11-27 | 0.04000 | 0.333333 |
| 1998-09-02 | 0.04000 | 0.492308 |
| 1998-06-17 | 0.04000 | 0.313725 |
| 1998-03-11 | 0.04000 | 0.213333 |
| 1997-11-26 | 0.03000 | 0.169611 |
| 1997-09-03 | 0.03000 | 0.109714 |
| 1997-06-17 | 0.03000 | 0.185328 |
| 1997-03-05 | 0.03000 | 0.237624 |
| 1996-11-27 | 0.02500 | 0.212766 |
| 1996-09-04 | 0.02500 | 0.273973 |
| 1996-06-12 | 0.02500 | 0.213333 |
| 1996-03-06 | 0.02500 | 0.170940 |
| 1995-11-29 | 0.02000 | 0.139130 |
| 1995-08-30 | 0.02000 | 0.137931 |
| 1995-06-14 | 0.02000 | 0.192771 |
| 1995-02-28 | 0.01750 | 0.247788 |
| 1994-11-28 | 0.01500 | 0.307692 |
| 1994-08-29 | 0.01500 | 0.322148 |
| 1994-05-27 | 0.01500 | 0.360902 |
| 1994-02-28 | 0.01500 | 0.275862 |
| 1993-11-29 | 0.01250 | 0.285714 |
| 1993-08-30 | 0.01250 | 0.279720 |
| 1993-05-28 | 0.01250 | 0.331950 |
| 1993-03-01 | 0.01250 | 0.522876 |
| 1992-11-30 | 0.01125 | 0.672897 |
| 1992-08-31 | 0.01125 | 0.878049 |
| 1992-06-01 | 0.01125 | 0.774194 |
| 1992-02-25 | 0.01000 | 0.659794 |
| 1991-12-02 | 0.01000 | 0.673684 |
| 1991-08-30 | 0.01000 | 0.735632 |
| 1991-06-03 | 0.01000 | 0.780488 |
| 1991-02-25 | 0.01000 | 0.711111 |
| 1990-12-03 | 0.01000 | 0.888889 |
| 1990-08-31 | 0.01000 | 0.864865 |
| 1990-06-04 | 0.01000 | 0.646465 |
| 1990-02-26 | 0.00875 | 0.727273 |
| 1989-12-04 | 0.00875 | 0.666667 |
| 1989-09-01 | 0.00875 | 0.608696 |
| 1989-05-31 | 0.00875 | 0.518519 |
| 1989-02-27 | 0.00875 | 0.543689 |
| 1988-08-29 | 0.00750 | 0.592593 |
| 1988-06-01 | 0.00750 | 0.539326 |
| 1988-02-29 | 0.00750 | 0.716418 |
| 1987-11-30 | 0.00625 | 0.833333 |
| 1987-08-28 | 0.00250 | 0.246154 |
| Attribute | Value |
|---|---|
| 52 Week Change | 1.6754658 |
| Address1 | 17,087 Via Del Campo |
| All Time High | 74.6 |
| All Time Low | 0.484375 |
| Ask | 61.44 |
| Ask Size | 2 |
| Audit Risk | 2 |
| Average Daily Volume10 Day | 909,860 |
| Average Daily Volume3 Month | 1,282,298 |
| Average Volume | 1,282,298 |
| Average Volume10Days | 909,860 |
| Beta | 1.597 |
| Bid | 36.79 |
| Bid Size | 2 |
| Board Risk | 4 |
| Book Value | 16.362 |
| 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 | 48.0 |
| Current Ratio | 5.742 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 51.08 |
| Day Low | 47.82 |
| Debt To Equity | 42.764 |
| Display Name | Cohu |
| Dividend Date | 1,586,390,400 |
| Earnings Call Timestamp End | 1,785,443,400 |
| Earnings Call Timestamp Start | 1,785,443,400 |
| Earnings Timestamp | 1,785,441,600 |
| Earnings Timestamp End | 1,793,304,000 |
| Earnings Timestamp Start | 1,793,304,000 |
| Ebitda | 12,622,000 |
| Ebitda Margins | 0.024149999 |
| Enterprise To Ebitda | 166.798 |
| Enterprise To Revenue | 4.029 |
| Enterprise Value | 2,105,322,752 |
| Eps Current Year | 0.95 |
| Eps Forward | 1.84625 |
| Eps Trailing Twelve Months | -0.77 |
| 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 | 55.8116 |
| Fifty Day Average Change | -7.8115997 |
| Fifty Day Average Change Percent | -0.13996373 |
| Fifty Two Week Change Percent | 167.54659 |
| Fifty Two Week High | 74.6 |
| Fifty Two Week High Change | -26.599998 |
| Fifty Two Week High Change Percent | -0.35656837 |
| Fifty Two Week Low | 18.67 |
| Fifty Two Week Low Change | 29.33 |
| Fifty Two Week Low Change Percent | 1.5709695 |
| Fifty Two Week Range | 18.67 - 74.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 322,151,400,000 |
| Five Year Avg Dividend Yield | 1.31 |
| Float Shares | 46,111,421 |
| Forward Eps | 1.84625 |
| Forward P E | 25.998646 |
| Free Cashflow | 66,293,124 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 2,777 |
| Fullday Change | -3.69 |
| Fullday Change Percent | -7.13871 |
| Fullday Price | 49.21 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.43951 |
| Gross Profits | 229,688,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02809 |
| Held Percent Institutions | 1.1669201 |
| Implied Shares Outstanding | 47,338,433 |
| 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 | 2,272,244,736 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_262125 |
| Most Recent Quarter | 1,782,518,400 |
| Net Income To Common | -38,816,000 |
| Next Fiscal Year End | 1,798,329,600 |
| Non Diluted Market Cap | 2,446,923,601 |
| Number Of Analyst Opinions | 8 |
| Open | 51.08 |
| Operating Cashflow | 46,581,000 |
| Operating Margins | 0.00621 |
| Overall Risk | 3 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.15 |
| Phone | 858 848 8100 |
| Post Market Change | 1.2099991 |
| Post Market Change Percent | 2.5208313 |
| Post Market Price | 49.21 |
| Post Market Time | 1,787,961,136 |
| Previous Close | 51.69 |
| Price Eps Current Year | 50.526318 |
| Price Hint | 2 |
| Price To Book | 2.933627 |
| Price To Sales Trailing12 Months | 4.3479614 |
| Profit Margins | -0.07427 |
| Quick Ratio | 4.521 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -3.69 |
| Regular Market Change Percent | -7.13871 |
| Regular Market Day High | 51.08 |
| Regular Market Day Low | 47.82 |
| Regular Market Day Range | 47.82 - 51.08 |
| Regular Market Open | 51.08 |
| Regular Market Previous Close | 51.69 |
| Regular Market Price | 48.0 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 647,763 |
| Return On Assets | -0.01783 |
| Return On Equity | -0.04836 |
| Revenue Growth | 0.384 |
| Revenue Per Share | 11.124 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 47,338,433 |
| Shares Percent Shares Out | 0.189 |
| Shares Short | 8,947,969 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 7,945,782 |
| Short Name | Cohu, Inc. |
| Short Percent Of Float | 0.2281 |
| Short Ratio | 8.62 |
| Source Interval | 15 |
| State | CA |
| Symbol | COHU |
| Target High Price | 80.0 |
| Target Low Price | 65.0 |
| Target Mean Price | 70.875 |
| Target Median Price | 70.0 |
| Total Cash | 498,167,008 |
| Total Cash Per Share | 10.524 |
| Total Debt | 331,244,992 |
| Total Revenue | 522,600,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.77 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 39.606 |
| Two Hundred Day Average Change | 8.394001 |
| Two Hundred Day Average Change Percent | 0.21193762 |
| Type Disp | Equity |
| Volume | 647,763 |
| Website | https://www.cohu.com |
| Zip | 92,127-1711 |