Cohu (COHU)

• Market cap: $831M
• 1 day: -5.25%
• 5 days: -4.34%
• 1 month: -1.60%
• 3 months: 8.05%
• 6 months: -34.24%
• Year to date: -32.48%
• 1 year: -43.98%
• 5 years: 12.97%
• 10 years: 37.70%
• Sector: Technology
• Industry: Semiconductor Equipment & Materials

About: Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors, and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company's products include Semiconductor ATE (Automated Test Equipment), Semiconductor Handlers, Interface Products such as test contactors, probe heads and probe pins, Spares and Kits, Bare Board PCB Test Systems, and services. It has one reportable segment, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection).

Employees: 3,024

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

52% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 27

6% more funds holding

Funds holding: 196 [Q4 2024] → 207 (+11) [Q1 2025]

9% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 67

5.62% less ownership

Funds ownership: 94.98% [Q4 2024] → 89.35% (-5.62%) [Q1 2025]

20% less call options, than puts

Call options by funds: $379K | Put options by funds: $471K

48% less capital invested

Capital invested by funds: $1.18B [Q4 2024] → $614M (-$567M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $28 57% upside
• Avg. target: $28 57% upside
• High target: $28 57% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Stifel Brian Chin

57% upside $28

Buy Maintained

2 May 2025