COHU INC (COHU)
Information Technology · Semiconductor test automation and inspection equipment · NASDAQ
Cohu supplies test automation, inspection, and analytics solutions that optimize semiconductor manufacturing yield and productivity for the global chip industry's shift toward AI and advanced computing.
What COHU INC does
Cohu is a global supplier of semiconductor test automation equipment, inspection and metrology solutions, interface products (contactors and probe cards), and AI-driven software analytics that optimize manufacturing yield and productivity. The company serves over 280 high-volume semiconductor manufacturing facilities across 31 countries with an installed base exceeding 25,000 systems, generating recurring revenue from interfaces, services, spares, upgrades, and software analytics alongside systems revenue.
Themes: ["Semiconductor test automation","ATE / automated test equipment","AI-driven manufacturing analytics","High-bandwidth memory (HBM) inspection","Wide bandgap semiconductors (SiC/GaN)","Semiconductor yield optimization","AI / high-performance computing test"]
Fundamentals
- Price$55.14 as of 2026-07-09 close
- Market cap$2.7B as of 2026-07-10
- 1-year return+169.5% as of 2026-07-09 close
- Net margin-11.5% as of 2026-07-10
- Gross margin+43.5% as of 2026-07-10
- ROE-6.9% as of 2026-07-10
- Debt / equity0.38 as of 2026-07-10
- Revenue growth (YoY)+23.1% as of 2026-07-10
- Revenue CAGR (3y)+3.7% SEC XBRL
- Beta1.58 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["The company is currently unprofitable with -11.54% net margin despite 23.1% YoY revenue growth, indicating operating leverage challenges and potential integration or restructuring costs","Heavy dependence on semiconductor capital expenditure cycles and demand from a concentrated customer base across computing, networking, automotive and industrial markets","Significant exposure to rapidly evolving semiconductor technologies (HBM, AI processors, wide bandgap devices) requiring continuous R&D investment to maintain competitive positioning"]
Competitors & peers
- LTX-Credence (LTXC)
- Xcerra Corporation
- FormFactor (FORM)
- Teradyne (TER)
- Xcur Therapeutics
- PDF Solutions (PDFS)
- Camtek Ltd (CAMT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.