Coherent Corp Director Makes a Major Stock Sale!

New insider activity at Coherent Corp ( (COHR) ) has taken place on June 5, 2025.

Director Shaker Sadasivam has made a significant move by selling 29,292 shares of Coherent Corp stock, amounting to a total transaction value of $2,343,360.

Recent Updates on COHR stock

Recent developments in Coherent Corp’s stock have led to multiple analysts raising their price targets. Citi increased its target due to confidence in Coherent’s ability to meet or exceed its new target model, driven by a renewed focus on key businesses and profitability improvements. Morgan Stanley raised its target following Coherent’s analyst day, which highlighted high growth opportunities and commitments that exceeded expectations, although the firm maintained an Equal Weight rating due to investor sentiment. Needham’s increase was based on Coherent’s new financial model and expected margin expansions, particularly in photonics for data center connectivity. BofA cited Coherent’s differentiated portfolio and supply position as reasons for its target increase, despite expectations for slightly lower gross margins. Barclays raised its target, noting Coherent’s healthy market position and potential growth in AI spending, although it mentioned the lack of transformational portfolio optimization.

Spark’s Take on COHR Stock

According to Spark, TipRanks’ AI Analyst, COHR is a Outperform.

Coherent Corp’s strong financial performance and positive earnings call guidance are key strengths, driving the stock score. The stock shows promising technical indicators, contributing to the positive outlook. However, the negative P/E ratio and lack of dividend yield present valuation concerns. Focus on core growth areas and strategic debt reduction efforts provide a solid foundation for future growth, despite challenges in industrial and consumer electronics markets.

To see Spark’s full report on COHR stock, click here.

More about Coherent Corp

YTD Price Performance: -18.85%

Average Trading Volume: 3,937,552

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.51B