Cohu stock hits all-time high at 74.69 USD
Cohu Inc's stock soared to an all-time high of 74.69 USD, marking a staggering 265.86% increase over the past year. Year-to-date returns of 202% and a market capitalization of $3.52 billion highlight the company's expanding market presence. However, investing experts caution that price volatility is high, with a beta of 1.59. Despite this, Cohu's impressive rise positions the company as a potential leader in the semiconductor equipment industry.
The company's second-quarter 2026 results exceeded expectations, with revenue reaching $149 million, a 38% increase from the previous year. This growth was fueled by strong demand for semiconductor test equipment used in artificial intelligence infrastructure. Analysts noted that Cohu's systems revenue grew by 41% quarter-over-quarter, achieving a non-GAAP gross margin of 45.5%, surpassing expectations.
These factors, combined with the broader strength in the semiconductor market, have driven investor confidence in Cohu's continued success.
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