TD Cowen Forecasts Strong Price Appreciation for Cohu (NASDAQ:COHU) Stock

Cohu (NASDAQ:COHU) had its price objective lifted by analysts at TD Cowen from $22.00 to $30.00 in a research report issued on Thursday, MarketBeat.com reports. The firm currently has a “buy” rating on the semiconductor company’s stock. TD Cowen’s price objective indicates a potential upside of 26.10% from the company’s current price.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cohu in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

Cohu Price Performance

Shares of NASDAQ:COHU opened at $23.79 on Thursday. The company has a quick ratio of 3.51, a current ratio of 4.88 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.11 billion, a PE ratio of -15.15 and a beta of 1.36. Cohu has a twelve month low of $12.57 and a twelve month high of $29.42. The company has a 50-day moving average price of $21.26 and a two-hundred day moving average price of $19.34.

Cohu (NASDAQ:COHU) last issued its earnings results on Wednesday, October 29th. The semiconductor company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.13. The firm had revenue of $126.25 million during the quarter, compared to analyst estimates of $124.98 million. Cohu had a negative net margin of 17.22% and a negative return on equity of 3.72%. The company’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the business earned ($0.08) earnings per share. Cohu has set its Q4 2025 guidance at EPS. Equities analysts forecast that Cohu will post -0.36 EPS for the current year.

Hedge Funds Weigh In On Cohu

A number of large investors have recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in shares of Cohu by 18.6% in the first quarter. Victory Capital Management Inc. now owns 3,731,981 shares of the semiconductor company’s stock valued at $54,897,000 after acquiring an additional 585,234 shares during the period. Royce & Associates LP lifted its position in Cohu by 16.4% during the first quarter. Royce & Associates LP now owns 1,679,478 shares of the semiconductor company’s stock valued at $24,705,000 after purchasing an additional 237,084 shares during the last quarter. Tributary Capital Management LLC lifted its position in Cohu by 131.5% during the third quarter. Tributary Capital Management LLC now owns 1,520,386 shares of the semiconductor company’s stock valued at $30,909,000 after purchasing an additional 863,654 shares during the last quarter. Frontier Capital Management Co. LLC lifted its position in Cohu by 20.0% during the second quarter. Frontier Capital Management Co. LLC now owns 1,355,973 shares of the semiconductor company’s stock valued at $26,089,000 after purchasing an additional 226,453 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Cohu by 478.4% during the second quarter. Invesco Ltd. now owns 1,175,282 shares of the semiconductor company’s stock valued at $22,612,000 after purchasing an additional 972,088 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.