Post-earnings recap
Reported
Thu, Apr 30, 2026
EPS actual
$0.01
EPS est.
$-0.08
EPS surprise
+112.99%
1-day move
+5.90%
Cohu, Inc. reported an EPS that beat expectations significantly, leading to a 5.9% increase in stock price. However, revenue figures were not disclosed, leaving some uncertainty about overall performance. Investors may view the EPS surprise positively, but the lack of revenue data and guidance could lead to cautious sentiment going forward.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.01 | $0.03 | +112.99% |
| Revenue | N/A | $122M | N/A |
No transcript is on record, and the analysis is based solely on numerical results.
Cohu, Inc. is a key player in the semiconductor materials and equipment sector, providing essential tools for the production and testing of semiconductor devices. As technology continues to advance, especially in areas like AI and consumer electronics, Cohu's role in supporting these industries is increasingly significant.
Last quarter
In Q4 2025, Cohu reported an EPS of -$0.15, which was significantly below expectations, leading to a negative market reaction. The company has struggled with consistent profitability, raising concerns among investors.
EPS beat streak
2Q
EPS beat rate
88%
Avg EPS surprise
+107.38%
Avg 1-day reaction
+1.96%
Analysts expect Cohu to report a modest profit this quarter, with an EPS of $0.03 and stable revenue. The market is watching closely for any signs of recovery after a disappointing previous quarter.
Bull case
If Cohu can exceed EPS expectations and show signs of revenue growth, it could signal a turnaround in its financial performance, boosting investor confidence.
Bear case
Conversely, if Cohu fails to meet expectations again, it could further erode investor trust and lead to a significant drop in stock price.
Key metrics to watch
EPS
$0.03Earnings per share is a critical indicator of the company's profitability and financial health.
Revenue
$122MRevenue figures will provide insight into the company's sales performance and market demand.
The print will turn on these.
Q1
Will Cohu achieve an EPS of at least $0.03 as expected?
This figure is crucial for restoring investor confidence after a series of disappointing earnings.
Q2
What are the revenue figures, and how do they compare to the $122M consensus?
Revenue performance will indicate market demand and the company's ability to recover from past struggles.
—
Est. EPS
$2.40
Est. Rev
$3.3B
Impl. Move
±19.0%
Why consensus could be wrong
The consensus may underestimate Cohu's ability to rebound, as the semiconductor market is showing signs of recovery that could benefit the company.
Supporting evidence
Cohu has a history of surprising analysts positively, with an 88% beat rate over the last eight quarters.
The options market is pricing in a larger move than the historical average, suggesting that traders expect significant news.
Recent insider selling could indicate a lack of confidence, but it may also reflect personal financial decisions unrelated to company performance.
Key risk
If Cohu's revenue comes in above $122M, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
The market is debating whether Cohu can turn around its recent performance and meet or exceed expectations this quarter.
Bull confirmed if
An EPS of $0.04 or better, along with revenue exceeding $122M, would confirm a positive outlook.
Bear confirmed if
An EPS below $0.03 and revenue significantly under $122M would confirm ongoing challenges.
What the market is pricing for the move.
Implied Move
±13.6%
Historical Avg
±5.4%
The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.
Options are pricing ±12.2% while COHU has averaged ±5.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.9%
30d HV
51.0%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$3.4M
48,898 sh
1 insider
Net
$3.4M
Net selling
Most Active Insiders· 2 open-market trades
$3.4M
Net selling
Smart-money positioning from the most recent 13F filings.
Institutional
116.53%
of float
Insider
2.59%
of float
Holders
464
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
7,386,449 sh · $522.8M
15.60%
1.0%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Cohu beats expectations, history suggests a positive market reaction, potentially leading to a 0.19% increase in stock price.
In line / cautious
If results are in line with expectations, the stock may experience muted movement as investors await further guidance.
Miss
A miss could lead to a decline, with historical data suggesting an average drop of 3.98% following earnings misses.
The lines on the call that would change the story.
Recent Transactions
Sep 25, 2026 · @ $65.00
27,236 sh
$1.8M
Oct 2, 2026 · @ $73.00
21,662 sh
$1.6M
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
Capital World Investors
2,757,413 sh · $195.2M
5.82%
100.0%
Vanguard Portfolio Management LLC
2,303,291 sh · $163.0M
4.87%
13.0%
Invesco Ltd.
2,030,920 sh · $143.7M
4.29%
713.5%
Vanguard Capital Management LLC
2,007,337 sh · $142.1M
4.24%
2.0%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.