Equity Profile

COHU

Cohu, Inc.

Information TechnologySemiconductor Materials & Equipment$2.8B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Cohu, Inc. is a technology company that specializes in semiconductor materials and equipment....

Key Metrics to Watch

EPS

Earnings per share is a critical measure of profitability and will indicate how well the company is managing its costs and generating income.

$0.22

Revenue

Revenue figures provide insight into the company's sales performance and market demand for its products.

$146M

Wall Street expectations, options signals, track record, and call prep available with Pro.

COHU Q2-2026 Earnings Preview

Context

Company Snapshot

Cohu, Inc. is a technology company that specializes in semiconductor materials and equipment. As a key player in the semiconductor industry, Cohu is crucial for supporting the production of electronic devices, which are increasingly important in today's tech-driven world.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+38.09%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1 2026, Cohu reported an earnings surprise with an EPS of $0.01, significantly beating expectations. The stock reacted positively, gaining 5.90% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Cohu to report a modest profit this quarter, with a consensus EPS of $0.22 and revenue of $146 million. The market is closely watching how the company navigates ongoing supply chain challenges.

Bull Case

If Cohu exceeds expectations, it could indicate strong demand for semiconductor equipment, potentially leading to increased market confidence and a higher stock price.

Bear Case

Conversely, if the company fails to meet earnings expectations, it could raise concerns about its market position and profitability, leading to a negative reaction in the stock price.

Key Metrics to Watch

EPS

$0.22

Earnings per share is a critical measure of profitability and will indicate how well the company is managing its costs and generating income.

Revenue

$146M

Revenue figures provide insight into the company's sales performance and market demand for its products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Cohu's EPS exceed the consensus estimate of $0.22?

A beat on EPS could signal strong operational performance and boost investor confidence.

What are the revenue figures relative to the expected $146 million?

Revenue performance will be a key indicator of demand for Cohu's products and overall market health.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of recent supply chain improvements on Cohu's production capacity and revenue potential.

Supporting Evidence

Cohu's recent operational adjustments may lead to better-than-expected efficiency gains.

The semiconductor market is showing signs of recovery, which could boost demand for Cohu's products more than analysts anticipate.

Key Risk

If Cohu's revenue exceeds $150 million, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will be crucial in determining whether Cohu can sustain growth amid industry challenges.

Bull Confirmed If

An EPS of $0.25 or higher would confirm strong operational performance.

Bear Confirmed If

An EPS below $0.19 would raise concerns about the company's profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±3.06%

Historical Avg

±3.6%

In line with history

The options market is pricing in a move of about 3.06%, suggesting that traders anticipate some volatility around the earnings report.

Options are pricing ±3.1% while COHU has averaged ±3.6% over the last 8 prints — setup is roughly in line with history.

Detail

ATM IV

0.8%

30d HV

63.6%

Calls (60K)P/C Ratio: 0.15Puts (6K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Cohu beats expectations, history suggests a potential stock increase of around 0.68%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors digest the implications.

Miss

A miss could lead to a decline of about 3.98%, reflecting investor disappointment and concerns about future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain improvements and their impact on production capacity.
2Details on customer demand trends for semiconductor equipment.
3Management's outlook on the semiconductor market for the second half of 2026.
4Insights into cost management strategies and their effectiveness.
5Any commentary on competitive pressures in the semiconductor industry.

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Company Snapshot

Cohu, Inc. is a technology company that specializes in semiconductor materials and equipment....

Key Metrics to Watch

EPS

Earnings per share is a critical measure of profitability and will indicate how well the company is managing its costs and generating income.

$0.22

Revenue

Revenue figures provide insight into the company's sales performance and market demand for its products.

$146M

Wall Street expectations, options signals, track record, and call prep available with Pro.

COHU Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+38.09%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1 2026, Cohu reported an earnings surprise with an EPS of $0.01, significantly beating expectations. The stock reacted positively, gaining 5.90% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Cohu exceeds expectations, it could indicate strong demand for semiconductor equipment, potentially leading to increased market confidence and a higher stock price.

Bear Case

Conversely, if the company fails to meet earnings expectations, it could raise concerns about its market position and profitability, leading to a negative reaction in the stock price.

Key Metrics to Watch

EPS

$0.22

Earnings per share is a critical measure of profitability and will indicate how well the company is managing its costs and generating income.

Revenue

$146M

Revenue figures provide insight into the company's sales performance and market demand for its products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Cohu's EPS exceed the consensus estimate of $0.22?

A beat on EPS could signal strong operational performance and boost investor confidence.

What are the revenue figures relative to the expected $146 million?

Revenue performance will be a key indicator of demand for Cohu's products and overall market health.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of recent supply chain improvements on Cohu's production capacity and revenue potential.

Supporting Evidence

Cohu's recent operational adjustments may lead to better-than-expected efficiency gains.

The semiconductor market is showing signs of recovery, which could boost demand for Cohu's products more than analysts anticipate.

Key Risk

If Cohu's revenue exceeds $150 million, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results will be crucial in determining whether Cohu can sustain growth amid industry challenges.

Bull Confirmed If

An EPS of $0.25 or higher would confirm strong operational performance.

Bear Confirmed If

An EPS below $0.19 would raise concerns about the company's profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±3.06%

Historical Avg

±3.6%

In line with history

The options market is pricing in a move of about 3.06%, suggesting that traders anticipate some volatility around the earnings report.

Options are pricing ±3.1% while COHU has averaged ±3.6% over the last 8 prints — setup is roughly in line with history.

Detail

ATM IV

0.8%

30d HV

63.6%

Calls (60K)P/C Ratio: 0.15Puts (6K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Cohu beats expectations, history suggests a potential stock increase of around 0.68%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors digest the implications.

Miss

A miss could lead to a decline of about 3.98%, reflecting investor disappointment and concerns about future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain improvements and their impact on production capacity.
2Details on customer demand trends for semiconductor equipment.
3Management's outlook on the semiconductor market for the second half of 2026.
4Insights into cost management strategies and their effectiveness.
5Any commentary on competitive pressures in the semiconductor industry.