Cohu (NASDAQ:COHU) Price Target Raised to $54.00 at Needham & Company LLC

Cohu (NASDAQ:COHU) had its price target hoisted by Needham & Company LLC from $33.00 to $54.00 in a research report released on Friday, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

Several other equities analysts also recently commented on the company. B. Riley Financial reiterated a “buy” rating on shares of Cohu in a research report on Monday, April 20th. TD Cowen increased their target price on Cohu from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Zacks Research upgraded Cohu from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Evercore reiterated an “outperform” rating and issued a $53.00 target price on shares of Cohu in a research report on Tuesday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cohu in a research report on Monday, April 20th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $49.00.

Cohu Trading Down 3.7%

Cohu stock traded down $1.76 during trading hours on Friday, hitting $45.59. The stock had a trading volume of 3,366,536 shares, compared to its average volume of 1,226,117. The company has a quick ratio of 5.69, a current ratio of 6.88 and a debt-to-equity ratio of 0.36. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of -28.67 and a beta of 1.61. Cohu has a one year low of $15.34 and a one year high of $49.34. The business’s 50 day simple moving average is $34.12 and its 200-day simple moving average is $28.47.

Cohu (NASDAQ:COHU) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.02). The firm had revenue of $125.12 million during the quarter, compared to the consensus estimate of $122.14 million. Cohu had a negative net margin of 11.54% and a negative return on equity of 3.45%. Cohu’s revenue for the quarter was up 29.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.02) earnings per share. On average, equities analysts predict that Cohu will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other Cohu news, SVP Christopher Bohrson sold 1,000 shares of Cohu stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $38.00, for a total transaction of $38,000.00. Following the transaction, the senior vice president directly owned 175,202 shares of the company’s stock, valued at approximately $6,657,676. The trade was a 0.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 3.05% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Tudor Investment Corp ET AL acquired a new position in Cohu during the 3rd quarter worth about $243,960,000. Vanguard Group Inc. raised its position in shares of Cohu by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 4,361,164 shares of the semiconductor company’s stock worth $101,484,000 after acquiring an additional 57,618 shares in the last quarter. Royce & Associates LP raised its position in shares of Cohu by 0.4% in the 4th quarter. Royce & Associates LP now owns 1,918,424 shares of the semiconductor company’s stock worth $44,642,000 after acquiring an additional 7,927 shares in the last quarter. State Street Corp raised its position in shares of Cohu by 0.3% in the 4th quarter. State Street Corp now owns 1,819,530 shares of the semiconductor company’s stock worth $42,340,000 after acquiring an additional 5,439 shares in the last quarter. Finally, Tributary Capital Management LLC raised its position in shares of Cohu by 131.5% in the 3rd quarter. Tributary Capital Management LLC now owns 1,520,386 shares of the semiconductor company’s stock worth $30,909,000 after acquiring an additional 863,654 shares in the last quarter. 94.67% of the stock is owned by institutional investors and hedge funds.

More Cohu News

Here are the key news stories impacting Cohu this week:

• Positive Sentiment: Analysts raised targets and reiterated buys, citing AI/HPC-driven demand — Needham raised its target from $33 to $54 with a Buy rating and TD Cowen reiterated a Buy with a $60 target, supporting upside expectations. Benzinga
• Positive Sentiment: Company gave stronger-than-expected revenue guidance for Q2 ($137M–$151M vs. consensus ~$127M) and management emphasized strong order growth from HPC/AI test platforms — this underpins revenue visibility even though Q1 EPS missed. Earnings Highlights
• Positive Sentiment: Cohu disclosed follow-on orders (about $30M) for its Eclipse HPC test platform to support next‑gen HPC processors, reinforcing the company’s exposure to high‑growth AI/HPC test demand. Order Article
• Neutral Sentiment: Market writeups and earnings‑call transcripts highlight confident commentary and an upgraded outlook; useful for investors but not new financials by itself. Earnings Call Transcript
• Neutral Sentiment: Cohu is being featured on lists of small‑cap names gaining momentum, which can attract short‑term interest but does not change fundamentals. List Article
• Negative Sentiment: Q1 results: EPS of $0.01 missed the $0.03 consensus (though revenue of $125.1M slightly beat $122.1M and was +29% YoY). The profit miss and continued negative net margin/ROE temper enthusiasm and likely triggered intraday selling. Earnings Miss
• Negative Sentiment: Despite upbeat forward revenue guidance, profitability remains a concern (negative net margin and ROE), leaving upside dependent on converting order momentum into sustainable profits. Company Release

About Cohu

Cohu, Inc is a global provider of semiconductor test and inspection solutions, offering a broad portfolio of products designed to support chip manufacturers, outsourced semiconductor assembly and test (OSAT) providers, and electronics original equipment manufacturers (OEMs). The company’s product lineup includes automatic test handlers, wafer probers, test sockets, thermal subassembly systems and burn-in boards, all engineered to optimize throughput, accuracy and reliability in semiconductor production and final test.

Founded in 1947 and headquartered in Poway, California, Cohu has grown through both organic development and targeted acquisitions to become a recognized leader in test handling and interconnect technologies.