COHU

Aehr's record backlog, AI-driven orders and strong fiscal 2027 outlook give it an edge over Cohu despite a higher valuation.

SAN DIEGO--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that management will participate at the following investor conferences: 7th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference Location: Virtual August 19, 2026 2026 Jefferies Semiconductor, IT Hardware & Communications Technology Conference Location: Four Seasons Chicago, Chicago, IL August 25, 2026.

The consensus price target hints at a 28.3% upside potential for Cohu (COHU). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Cohu's Q2 earnings and revenues beat estimates as AI compute demand, higher tester and recurring sales and a favorable mix lift results.

SAN DIEGO--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today reported fiscal 2026 second quarter net sales of $149.0 million and GAAP loss of $0.2 million or $0.00 per share. Net sales for the first six months of 2026 were $274.1 million and GAAP loss was $12.2 million or $0.26 per share. Cohu also reported non-GAAP results, with second quarter 2026 income of $14.1 million or $0.26 per sha.

Heading into August 2026, the S&P 500 seems to be experiencing a sluggish summer, although the market remains up about 8% year to date (YTD). This is despite a protracted sell-off in the AI industry that has rattled some of the biggest gainers this year.

SAN DIEGO--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, will release financial results for second quarter 2026 on Thursday, July 30, 2026, at 1:00 p.m. Pacific Time/4:00 p.m. Eastern Time. The Company will host a live conference call and webcast with presentation materials to discuss the results at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time. Interested parties may listen live via webcast.

I rate Cohu a Strong Buy with an $83 price target, reflecting 57% upside from current levels. COHU is expanding into AI processor testing, high-bandwidth memory inspection, power management, and analytics, targeting a $1.6B serviceable market. Eclipse, Neon, Diamondx, PAICe software, and improving utilization could add about $1.05 of incremental EPS and lift my 2027 non-GAAP EPS estimate to $1.63.

He feels the company is well-positioned to capitalize on the current feverish build-out of AI capacity. He's also flagged it as a business that can weather semiconductor sector dips.

Futures are trading mixed after another tough day across Wall Street, with all the major indices crushed early on, before the Nasdaq made a late-afternoon push to wind up just modestly higher at 25,870, up 0.20%.