
Cohu (COHU) Stock Forecast & Price Target
Cohu (COHU) Analyst Ratings
Bulls say
Cohu Inc's positive outlook is strongly supported by significant growth in the Communications Revenue, which reached $818 million, accounting for 57% of total revenues, and displaying a year-over-year increase of 58%. The Datacom segment also showed robust performance with a 79% year-over-year growth and a 4% quarter-over-quarter increase, largely driven by the increasing demand for AI-related 800G transceivers and 400G technology. Additionally, the Telecom sector contributed positively with an 11% year-over-year and 16% quarter-over-quarter growth, benefitting from both the strength in data center interconnectivity and recovery in traditional transport demand.
Bears say
Cohu Inc's total outstanding debt was reported at $3.86 billion, indicating a decrease from $4.17 billion in the previous quarter; however, the overall net debt remained relatively flat at $2.19 billion, reflecting ongoing financial challenges. The company is experiencing significant weakness in traditional Telecom products, attributed to prolonged inventory buildups at customers following supply chain disruptions from COVID-19, impacting revenue generation. Furthermore, a bear case scenario predicts slower growth in key sectors such as AI/ML transceivers and continued struggles in the broader Telecom and Networking markets due to a sluggish global economy, suggesting a lack of robust catalysts for growth moving forward.
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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