Cohu Inc. Reports Strong Earnings Beat and Issues 2027 Growth Guidance
Cohu Inc. (NASDAQ: COHU) released its most recent quarterly results on October 28, 2026, showing a Non‑GAAP earnings‑per‑share (EPS) of $0.43, exceeding analyst expectations by $0.09. Revenue for the quarter amounted to $173 million, beating the consensus estimate by $2.76 million.
The company’s guidance for fiscal year 2027 calls for a 30‑40 % increase in revenue. This projection is driven by the expectation of tripling Eclipse shipments, a key product line within its semiconductor test‑handling equipment portfolio. The guidance aligns with the company’s broader strategy to expand market share in the semiconductor testing and measurement sector.
Key financial metrics at the close of October 27, 2026:
- Share price: $53.14
- 52‑week high: $75.72
- 52‑week low: $21.10
- Market capitalization: $2.45 billion
Cohu’s operating model focuses on the design, manufacturing, and sale of semiconductor test‑handling equipment, as well as closed‑circuit television, metal detection, and microwave products for customers worldwide. The company’s recent earnings beat and optimistic revenue outlook have contributed to a notable increase in its stock price.
The 30‑40 % revenue growth forecast for 2027, coupled with the targeted increase in Eclipse shipments, suggests that Cohu is positioning itself to capitalize on the continued demand for advanced semiconductor testing solutions. Investors will likely monitor the company’s ability to translate these expectations into sustained profitability in the coming fiscal periods.
