Cohu Q4 revenue up 30%, slightly beats estimates

Cohu

12/02/2026 21:08

Overview

Semiconductor equipment supplier's Q4 revenue rose 30% yr/yr, slightly beating analyst expectations

Company reported a GAAP net loss for Q4

Recurring revenue grew 25% yr/yr, driven by strong demand

Outlook

Cohu expects Q1 2026 sales between $115 mln and $129 mln

Company notes strong demand in automotive ADAS and computing AI sectors

Result Drivers

RECURRING REVENUE GROWTH - Driven by strong demand across services, interface solutions, and handler-related spares business, recurring revenue increased 25% year-over-year

DESIGN-WIN MOMENTUM - Cohu saw robust design-win momentum in automotive ADAS, power devices, computing AI, and HBM inspection metrology solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$122.20 mln
$122.09 mln (5 Analysts)
Q4 EPS
-$0.48
Q4 Net Income
-$22.50 mln
Q4 Operating Income
-$15.49 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for Cohu Inc is $30.00, about 12.2% below its February 11 closing price of $34.16

The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 46 three months ago

Press Release: ID:nBw8sGQk5a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)