Cohu's Valuation Under the Spotlight: HPC Orders and PAICe Software Demand

Cohu (COHU) has announced $30 million in orders for its Eclipse test platform and PAICe Prescriptive analytics software. The stock is trading at $31.82, with a 90-day return of 36.74% and a 1-year total shareholder return of 106.49%. Analysts estimate a fair value of $32.67, while our DCF model suggests a future cash flow value of $0.53 per share, indicating a possible overvaluation.