Cohu has drawn renewed investor attention as its Neon inspection platform helps meet semiconductor testing demand tied to AI infrastructure buildout. The stock returned 44.87% over the last 30 days. It has gained 198.58% year to date, reflecting momentum around AI-linked semiconductor testing equipment.
Analysts are weighing whether the stock’s appreciation reflects a fundamental repricing of Cohu’s business or an AI-driven sentiment rally. A popular valuation model estimates fair value at $70.88, suggesting the stock is slightly overvalued. Cohu’s last closing price was $73.48. Its diversification into automotive and industrial markets, along with a shift toward higher-margin software and services revenue, could support long-term growth.