Coherent Corp. (COHR)
NYSE:COHR
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COHR Stock Chart & Stats
$345.02
-$4.09(-4.20%)
At close: 4:00 PM EST
$345.02
-$4.09(-4.20%)
Day’s Range― - ―
52-Week Range$77.84 - $440.00
Previous CloseN/A
Volume960.46K
Average Volume (3M)6.37M
Market Cap
$76.22B
Enterprise Value$61.91B
Total Cash (Recent Filing)$2.42B
Total Debt (Recent Filing)$3.43B
Price to Earnings (P/E)129.2
Beta2.56
Next Earnings
Aug 13, 2026EPS Estimate
1.62Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.29
Shares Outstanding195,639,330
10 Day Avg. Volume6,158,357
30 Day Avg. Volume6,371,990
Financial Highlights & Ratios
PEG Ratio2.39
Price to Book (P/B)1.70
Price to Sales (P/S)2.38
P/FCF Ratio71.64
Enterprise Value/Market Cap0.81
Enterprise Value/Revenue9.38
Enterprise Value/Gross Profit25.35
Enterprise Value/Ebitda53.35
Forecast
1Y Price Target
$390.06Price Target Upside13.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
EPS Forecast (FY)5.46
Revenue Forecast (FY)$7.06B
Bulls Say, Bears Say
Bulls Say
Datacenter & Communications Market PositionCoherent derives three-quarters of revenue from Datacenter & Communications, reflecting a strong, focused market position in AI/datacenter optics. This concentration supports durable demand, design‑ins, and multi-year customer agreements that underpin recurring high-margin revenue as infrastructure spending persists.
Strategic NVIDIA Partnership And Strong LiquidityThe $2B NVIDIA equity investment plus a multiyear supply agreement materially strengthens Coherent’s balance sheet and demand visibility. Cash rose to $3.0B and leverage fell to 0.5x, providing durable funding for capex-led capacity buildouts and reducing refinancing risk during multi-year product ramps.
Indium Phosphide Capacity And Manufacturing ScaleProgress on 6-inch indium phosphide (IP) — yields exceeding 3-inch and first transceivers shipped — signals structural manufacturing advantage. Planned capacity doubling this year and further expansion into 2027 positions Coherent to alleviate industry IP constraints, lower unit costs, and capture higher share in optical components over the medium term.
Bears Say
Free Cash Flow VolatilityA sharp TTM swing to negative free cash flow and weak cash conversion undermines sustainability; heavy capex, working-capital drag or ramp-related inventory can persist while capacity scales. This weakens internal funding of growth, increases reliance on external capital, and elevates execution and liquidity risk during multi-quarter ramps.
Execution Risk On Production And QualificationNew 6-inch IP production, CPO and other product ramps are early-stage; while yields look promising, customer qualification, pilot-to-volume transitions, and scaling additional sites (e.g., Zurich) carry execution, timing and qualification risks that could delay revenue, compress margins, and prolong working-capital absorption.
Rising Operating Expense And R&D IntensityElevated operating expenses and higher R&D intensity are investing for long-term products but will pressure near-term operating leverage and cash generation until higher-volume sales materialize. If demand softens or ramps slip, margin targets and cash conversion could be harder to achieve.
Coherent Corp News
COHR FAQ
What was Coherent Corp.’s price range in the past 12 months?
Coherent Corp. lowest stock price was $77.84 and its highest was $440.00 in the past 12 months.
What is Coherent Corp.’s market cap?
Coherent Corp.’s market cap is $76.22B.
When is Coherent Corp.’s upcoming earnings report date?
Coherent Corp.’s upcoming earnings report date is Aug 13, 2026 which is in 53 days.
How were Coherent Corp.’s earnings last quarter?
Coherent Corp. released its earnings results on May 06, 2026. The company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.397 by $0.013.
Is Coherent Corp. overvalued?
According to Wall Street analysts Coherent Corp.’s price is currently Undervalued.
Does Coherent Corp. pay dividends?
Coherent Corp. pays a Notavailable dividend of $1 which represents an annual dividend yield of N/A. See more information on Coherent Corp. dividends here
What is Coherent Corp.’s EPS estimate?
Coherent Corp.’s EPS estimate is 1.62.
How many shares outstanding does Coherent Corp. have?
Coherent Corp. has 195,639,330 shares outstanding.
What happened to Coherent Corp.’s price movement after its last earnings report?
Coherent Corp. reported an EPS of $1.41 in its last earnings report, beating expectations of $1.397. Following the earnings report the stock price went down -7.393%.
Which hedge fund is a major shareholder of Coherent Corp.?
Currently, no hedge funds are holding shares in COHR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Coherent Corp Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$390.06 (13.06% Upside)
$390.06 (13.06% Upside)
Blogger Sentiment
Bullish
COHR Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $709.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 15.9%
Last 30 Days ▲ 15.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
373.41%
12-Months-Change
Fundamentals
Return on Equity
5.26%
Trailing 12-Months
Asset Growth
19.67%
Trailing 12-Months
Company Description
Coherent Corp.
Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.
COHR Company Deck
COHR Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was decisively positive: the company reported record revenue, accelerating sequential and year-over-year growth, meaningful gross margin expansion and a large, strengthening backlog. Material strategic achievements include a $2B NVIDIA investment and multiyear CPO supply agreement, rapid progress on 6-inch indium phosphide capacity (on track to double capacity early), and strong Datacenter & Communications growth (driving ~75% of revenue). Near-term challenges include industrial softness, higher R&D/opex as the company invests for scale, a multi-month lag between device production and shipped revenue, and typical execution risks as new production sites and product ramps scale. Overall, the highlights substantially outweigh the lowlights, supporting an optimistic outlook but with acknowledged execution and timing risks on capacity and new-product ramps.View all COHR earnings summariesCOHR Stock 12 Month Forecast
Average Price Target
$390.06
▲(13.06% Upside)
Technical Analysis
Ownership Overview
0.46% Insiders
30.40% Mutual Funds
21.68% Other Institutional Investors
17.98% Public Companies and Individual Investors