Why Cohu Stock Is Sinking Today

By Keith Noonan – Feb 13, 2026 at 3:26PM ESTKey PointsCohu grew revenue nearly 30% year over year in the third quarter. Despite the strong sales growth, the business posted an unexpected adjusted loss in the period. These 10 Stocks Could Mint the Next Wave of Millionaires ›NASDAQ: COHUCohuMarket Cap$1.5BToday's Changeangle-down(-6.86%) $2.25Current Price$30.55Price as of February 13, 2026 at 3:58 PM ETCohu's Q4 report arrived with a surprise that's causing investors to sell the stock.Cohu (COHU 6.86%) stock is losing ground in Friday's daily trading session. The tech company's share price was down 7.2% as of 3:20 p.m. ET amid roughly flat trading for the S&P 500 and the Nasdaq Composite. Cohu reported its fourth-quarter results after the market closed yesterday and delivered sales in line with Wall Street's expectations. On the other hand, the business reported a loss that was far larger than anticipated. Image source: Getty Images. Cohu stock sinks on Q4 earnings miss With its Q4 report yesterday, Cohu announced a non-GAAP (adjusted) loss of $0.15 on revenue of $122.2 million. While sales were up roughly 30% year over year and met the average analyst target, Wall Street was actually modeling for a per-share profit of $0.06 in the period. The stock is pulling back today in response to the weak bottom-line results. ExpandNASDAQ: COHUCohuToday's Change(-6.86%) $-2.25Current Price$30.55Key Data PointsMarket Cap$1.5BDay's Range$28.52 - $31.8852wk Range$12.57 - $34.96Volume171KAvg Vol646KGross Margin33.68% What's next for Cohu? Along with its Q4 report, Cohu issued guidance for the current quarter. With guidance for sales between $115 million and $129 million, management expects that sales in Q1 will be roughly in line with last quarter's revenue. Meanwhile, the company's gross margin is projected to come in at roughly 45% -- representing a significant improvement over last year's margin of 42.7%. Looking ahead to the full-year period, Cohu anticipates sales for high-bandwidth-memory (HBM) products to be between $15 million and $20 million. While it's still a relatively small product category for the company, rising HBM sales could help boost margins. Read NextFeb 27, 2024 •By Anthony Di Pizio1 Super Semiconductor Stock to Buy Hand Over Fist and Hold for at Least 5 YearsNov 19, 2023 •By Anthony Di Pizio1 Semiconductor Stock Down 30% That It's Time to Buy on the DipOct 13, 2023 •By Anthony Di Pizio2 Magnificent Stocks Down 29% and 92% to Buy Before 2024 ArrivesAug 16, 2023 •By Anthony Di Pizio1 Super Semiconductor Stock Down 26% You'll Wish You'd Bought Ahead of 2024May 9, 2023 •By Anthony Di Pizio1 Super Semiconductor Stock to Buy Before Its Next Growth PhaseMar 16, 2023 •By Anthony Di Pizio2 Amazing Artificial Intelligence Growth Stocks to Buy Before They SoarAbout the AuthorKeith Noonan is a contributing writer at The Motley Fool covering technology, consumer goods, and other sectors. He holds a bachelor’s degree in English from Boston College.TMFNoonsStocks MentionedCohuNASDAQ: COHU$30.55 (6.86%) $2.25S&P 500 IndexSNPINDEX: ^GSPC$6836.17 (+0.05%) $+3.41NASDAQ Composite IndexNASDAQINDEX: ^IXIC$22546.67 (0.22%) $50.48*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.