
Cohu (COHU) Stock Forecast & Price Target
Cohu (COHU) Analyst Ratings
Bulls say
Cohu Inc has positioned itself for positive growth by focusing on higher-margin and recurring revenue products, specifically automated test equipment and test contactors, which enhance cross-cycle profitability. The company anticipates significant revenue potential, with projections of an additional $25-$30 million linked to new platforms and wins, demonstrating its strategic efforts to expand its Serviceable Available Market (SAM) during prevailing market conditions. Furthermore, Cohu's outlook for mobile and RF sectors suggests a potential recovery mid-year, supported by customer programs and share shifts, which could contribute to overall revenue growth in the near term.
Bears say
Cohu Inc. reported fourth-quarter results that fell below consensus estimates, with a slight 1% decline in revenue and an additional $2.1 million inventory reserve charge impacting gross margins and net EPS. The company is experiencing weak end-market demand, particularly within the automotive and industrial sectors, as customers continue to manage excess inventory, leading to a significant order push-out of $7 million expected to affect revenue realization into 2025. Additionally, Cohu is lowering its full-year 2025 revenue estimates due to ongoing inventory digestion and has adjusted operating expenses upward, indicating persistent challenges in maintaining financial performance amidst a lackluster market environment.
This aggregate rating is based on analysts' research of Cohu and is not a guaranteed prediction by Public.com or investment advice.
Cohu (COHU) Analyst Forecast & Price Prediction
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