B+
Bull case
30%
Probability
Target price
$58.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
COHU
CohuDNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
The bull case is that Cohu is moving from cyclical recovery into a company-specific compute expansion: Q1 revenue grew 29% year over year, gross margin improved, Q2 guidance stepped higher, and company releases now point to rising Eclipse adoption and a larger AI/HPC revenue pool. Secondary post-earnings coverage also points to positive target revisions rather than estimate cuts.
Posture
Defensive
Lead driver
Sentiment
What changed
1 setup hits (3d) with net bullish as of 2026-09-09.
What can break
AI/HPC demand is improving, but automotive, industrial, and consumer end markets were still described as pressured in the 10-Q [#10-Q-2026-05-01].
Momentum
84
Value
48
Sentiment
41
Setup hits (3d)
1 · Net Bullish
AI TargetsBase $46.00 · Bull $58.00 · Bear $32.00Analysis 2026-05-03; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-03 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $70.88
Why
Momentum84 · Δ7d +7.7
Value48 · Δ7d 0.0
Sentiment41 · Δ7d -16.2
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Confirming evidence
- • 1 setup hits (3d) with net bullish as of 2026-09-09.
- • Sentiment remains the lead driver in the composite, 7D delta -16.2.
Contradictions & invalidation
- • AI/HPC demand is improving, but automotive, industrial, and consumer end markets were still described as pressured in the 10-Q [#10-Q-2026-05-01].
- • Cohu still carries meaningful debt, including $287.5 million of 1.50% convertible senior notes due 2031, even though liquidity remains strong [#10-Q-2026-05-01].
- • The bear case is that the stock already discounts a large part of the compute story.
Catalyst clock
2026-05-15
Delayed post-earnings analyst revisions are directionally supportive but not fully settled
Lead driver: Sentiment · See AI snapshot
Momentum
84
9% active weight
Current posture
7d trendImproving
Δ7d
+7.7
Δ21d
+31.2
Value
48
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+3.6
Sentiment
41
62% active weight
Current posture
7d trendSoftening
Δ7d
-16.2
Δ21d
+13.5
Why this grade
Composite grade D. Momentum 84.3 / Value 47.6 / Sentiment 41.3
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-03. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$46.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$32.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$2.96B
Beta
1.29
Shares Out
47.34M
P/E (TTM) · Derived
-39.4
P/S (TTM)
2.76
P/FCF (TTM)
432.65
Rev YoY
+38.4%
EPS YoY
-99.1%
Gross Margin
+37.8%
Op Margin
-6.4%
Net Debt
-$153.11M
Current Ratio
5.74
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data