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$COHU

5 stories mentioning COHUUpdated 7d ago

Every FINWIRES story that references COHU, newest first.

Sectors

Sector Update: Tech Stocks Rise Premarket Friday

Technology stocks were rising premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.4% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 3.4%.Sony Group (SONY) stock was up more than 3% after the company posted higher fiscal Q1 earnings and sales, and raised its sales outlook for the fiscal year ending on March 31, 2027.Cohu (COHU) shares were up more than 24% after the company posted higher Q2 adjusted earnings and revenue, and issued Q3 revenue outlook above analysts' expectations.Apple (AAPL) reported higher fiscal Q3 earnings and revenue. The company captured a record 49% of global smartphone market value in Q2 after its revenue increased 22% compared to a year earlier, Counterpoint said. Apple stock was down more than 7% pre-bell.

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Wire

Cohu Q2 Adjusted Earnings, Revenue Rise; Shares Jump After Hours

Cohu (COHU) reported Q2 adjusted earnings late Thursday of $0.26 per diluted share, up from $0.02 a year earlier.Analysts polled by FactSet expected $0.14.Revenue for the quarter ended June 27 rose to $149 million from $107.7 million a year ago.Analysts projected $144.2 million.Cohu expects Q3 revenue of $170 million, plus or minus $7 million.Analysts project $146.4 million.Cohu shares jumped 21% in after-hours trading.

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Wire

Cohu Receives $5 Million Orders to Test Gallium Nitride Devices for AI Data Centers

Cohu (COHU) said Tuesday it received multiple orders from a chip maker worth $5 million for the DiamondX testing platform to support the development of gallium nitride power devices for use in AI data center power architectures.The DiamondX test configurations for power devices allow accurate characterization and production testing of GaN devices used in key AI data center power stages, the company said.Shares of Cohu were down 5.5% in Tuesday trading.Price: $48.49, Change: $-2.80, Percent Change: -5.45%

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Wire

B. Riley Adjusts Price Target on Cohu to $60 From $50, Maintains Buy Rating

Cohu (COHU) has an average rating of buy and mean price target of $57.43, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $46.42, Change: $-0.93, Percent Change: -1.96%

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Research

Jefferies Initiates Coverage on Cohu With Buy Rating, $55 Price Target

Cohu (COHU) has an average rating of Buy and mean price target of $38.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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