Cohu (NASDAQ:COHU) Price Target Raised to $70.00 at Stifel Nicolaus

Cohu (NASDAQ:COHU) had its price objective boosted by Stifel Nicolaus from $50.00 to $70.00 in a research note issued to investors on Friday morning, Marketbeat.com reports. Stifel Nicolaus currently has a buy rating on the semiconductor company’s stock.

A number of other equities analysts have also weighed in on COHU. TD Cowen increased their target price on shares of Cohu from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Evercore reissued an “outperform” rating and issued a $53.00 price target on shares of Cohu in a research report on Tuesday, April 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Cohu in a research note on Monday, April 20th. Robert W. Baird assumed coverage on shares of Cohu in a research note on Wednesday. They issued an “outperform” rating and a $65.00 price objective for the company. Finally, B. Riley Financial reissued a “buy” rating on shares of Cohu in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Cohu has an average rating of “Moderate Buy” and a consensus price target of $59.29.

Cohu Stock Performance

Shares of NASDAQ COHU traded up $1.03 during trading on Friday, reaching $56.17. 929,520 shares of the stock traded hands, compared to its average volume of 1,401,746. Cohu has a 52-week low of $17.80 and a 52-week high of $74.60. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.43 and a quick ratio of 5.31. The company has a 50-day moving average of $55.79 and a 200-day moving average of $39.70. The stock has a market capitalization of $2.65 billion, a P/E ratio of -47.20 and a beta of 1.55.

Cohu (NASDAQ:COHU) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.02). Cohu had a negative return on equity of 3.50% and a negative net margin of 11.54%.The firm had revenue of $125.12 million for the quarter, compared to the consensus estimate of $122.14 million. During the same quarter in the previous year, the company posted ($0.02) EPS. The firm’s revenue was up 29.3% compared to the same quarter last year. Analysts forecast that Cohu will post 0.17 EPS for the current fiscal year.

Insider Activity

In other news, CFO Jeffrey D. Jones sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $46.84, for a total value of $608,920.00. Following the completion of the transaction, the chief financial officer directly owned 343,792 shares in the company, valued at approximately $16,103,217.28. This trade represents a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Steven J. Bilodeau sold 10,257 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $44.85, for a total transaction of $460,026.45. Following the transaction, the director directly owned 52,272 shares of the company’s stock, valued at approximately $2,344,399.20. This represents a 16.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 90,668 shares of company stock valued at $4,248,016. 3.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of COHU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Cohu by 3.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,214 shares of the semiconductor company’s stock worth $400,000 after purchasing an additional 905 shares during the period. Caxton Associates LLP purchased a new stake in shares of Cohu in the first quarter worth $276,000. Jane Street Group LLC boosted its stake in Cohu by 2,042.7% during the first quarter. Jane Street Group LLC now owns 162,674 shares of the semiconductor company’s stock valued at $2,393,000 after buying an additional 155,082 shares during the period. American Century Companies Inc. boosted its stake in Cohu by 4.9% during the second quarter. American Century Companies Inc. now owns 114,361 shares of the semiconductor company’s stock valued at $2,200,000 after buying an additional 5,297 shares during the period. Finally, Invesco Ltd. grew 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 worth $22,612,000 after buying an additional 972,088 shares in the last quarter. 94.67% of the stock is owned by institutional investors.

Trending Headlines about Cohu

Here are the key news stories impacting Cohu this week:

• Positive Sentiment: Stifel Nicolaus raised its price target on Cohu to $70 from $50 and reiterated a buy rating, signaling increased confidence in upside potential and stronger valuation prospects. Article Title
• Positive Sentiment: Robert W. Baird upgraded Cohu to “strong-buy,” adding to the bullish analyst momentum and reinforcing investor expectations for improved demand, including AI-related semiconductor equipment demand. Article Title
• Positive Sentiment: Earlier coverage highlighted Cohu as a beneficiary of AI-driven demand, with an analyst initiation at outperform helping fuel the stock’s recent rally. Article Title
• Neutral Sentiment: Reported short interest data showed no meaningful change, with the filing indicating 0 shares short and a 0.0-day days-to-cover ratio, which does not currently signal a material bearish pressure or squeeze setup.

Cohu Company Profile

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.