An analyst maintains a Strong Buy rating on Cohu, Inc. and raises the price target from $83 to $95 following robust Q2 2026 results and an expanded AI-driven growth opportunity. The high-performance computing (HPC) pipeline increased from $750 million to $850 million, boosting confidence in future revenue growth. The analyst also raised the 2027 non-GAAP EPS estimate from $1.63 to $1.89, applying a 50x forward P/E multiple to justify the new target. While execution risk remains as the HPC pipeline needs to convert into revenue, recent results suggest this process is underway, supporting the positive outlook.
Cohu's earnings and growth outlook are the focus of this update. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 28, 2026 18:51 WIB: out of 150 priced Technology-sector US stocks tradable on Pluang, 21 rose and 116 fell today. Notable movers include CRSR at USD 13.26 with a -2.93% change, ENTG at USD 147.50 with a -2.89% change, and ORCL at USD 133.30 with a -2.76% change.
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