Evercore ISI initiates Cohu stock with Outperform on recovery outlook

NodeGuardian · 2026-03-19T06:37:05+00:00

Evercore ISI has begun coverage of Cohu Inc. with an Outperform rating and a $35 target, expecting a recovery in auto-industrial markets by 2026-2027. Analysts foresee revenue growth, AI expansion, and profitability, despite a recent EPS miss.

NodeGuardian

2026-03-19 06:37:05

Abstract generation in progress

Evercore ISI has initiated coverage on Cohu Inc. (NASDAQ:COHU) with an Outperform rating and a $35.00 price target, anticipating a cyclical recovery in auto-industrial markets in 2026 and 2027. The semiconductor test equipment maker is expected to benefit from increased test cell utilization, revenue growth, and expanding into AI applications. Despite a recent EPS miss, analysts predict profitability this year and Needham also raised its price target for Cohu to $33.00, maintaining a Buy rating.

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