Coherent, Inc. (COHR)
| Market Cap | 11.11B |
| Revenue (ttm) | 4.60B |
| Net Income (ttm) | -414.57M |
| Shares Out | 152.46M |
| EPS (ttm) | -2.87 |
| PE Ratio | n/a |
| Forward PE | 25.97 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,221,373 |
| Open | 71.65 |
| Previous Close | 72.74 |
| Day's Range | 71.65 - 74.24 |
| 52-Week Range | 28.47 - 75.25 |
| Beta | 1.64 |
| Analysts | Strong Buy |
| Price Target | 52.86 (-27.45%) |
| Earnings Date | Aug 13, 2024 |
About COHR
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semic... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for COHR stock is "Strong Buy." The 12-month stock price forecast is $52.86, which is a decrease of -27.45% from the latest price.
News
Coherent Reaches a Manufacturing Milestone: 300 Million Transceivers Shipped From Ipoh, Malaysia, Facility
PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver...
Will Coherent Stock Rebound To Levels Of Around $100 Seen In 2021?
The stock price of Coherent Inc. (NYSE: COHR), a semiconductor company, trades at $70 per share, about 30% below its peak level of $100 seen in February 2021. In contrast, Lattice Semiconductor (NASDA...
Lattice Semiconductor Plunges as CEO Departs For Coherent, Whose Stock Soars
A pair of electronics manufacturers saw their stocks make big moves Monday as Lattice Semiconductor (LSCC) shares fell nearly 16% on news that Chief Executive Officer Jim Anderson left to take the sam...
Coherent Appoints Jim Anderson as Chief Executive Officer
PITTSBURGH, June 03, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehe...
Coherent Introduces High-Power Laser Sensor
PITTSBURGH, May 30, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in laser test and measurement instruments, proudly announces the launch of its next-generation high-power laser sens...
Coherent Announces Industry-First Specialty Optical Fiber for Coherent LiDAR & Cold Atom Trapping for Quantum Computing
PITTSBURGH, May 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in high-performance optical networking and laser solutions, announced today a first-to-market single-mode (SM), polar...
Coherent Announces Date of Its Instrumentation Market Overview Webcast
PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Ove...
Coherent Corp. Releases Third-Quarter Fiscal Year 2024 Financial Results
PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal ye...
Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation
PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targete...
Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey
Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Us...
Coherent Announces Date of FY2024 Third-Quarter Conference Call
PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results fo...
Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors
Coherent secured $15 million in funding from the CHIPS Act to accelerate commercialization of next-generation wide- and ultrawide-bandgap semiconductors.
Coherent Loans James Webb Space Telescope Demonstration Mirror to Space Foundation Discovery Center
Coherent announced it will provide on loan a demonstration mirror developed for the James Webb Space Telescope to the Space Foundation Discovery Center.
Coherent to Present a Broad Portfolio of New Products and Technology Innovations at OFC 2024
PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications components and subsystems, announced today that it will showcase its new products ...
Coherent Corp., Juniper Networks and Marvell Deliver Public Demonstration of Industry-First Comprehensive 800ZR System at OFC'24
SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks®, (NYSE: JNPR), a leader in secure, AI-Native Networking, is collaborating with Coherent Corp. (NYSE: COHR), a leader in compound semiconductors an...
Coherent Announces the World's First 6-Inch Indium Phosphide Scalable Wafer Fabs Paving the Way for the Next Generation of Lasers for AI Transceivers and 6G Wireless Networks
Coherent expands capacity in its U.S. and European fabs and significantly reduces die cost for InP optoelectronic devices including lasers, detectors, and electronics Coherent expands capacity in its ...
Coherent Announces Optical Circuit Switch for Data Centers
Live Demonstration at OFC 2024 Based on Ultrareliable DLX™ Technology Live Demonstration at OFC 2024 Based on Ultrareliable DLX™ Technology
Coherent Reports Significant Advancement in VCSEL Performance for Next-Gen AI Networks
PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has made a significant breakthrough in improvi...
Coherent Announces High-Power Uncooled G10 Pump Laser Modules for Submarine and Terrestrial Applications
PITTSBURGH, March 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of high-performance optical networking solutions, announced today new high-power, uncooled pump laser mod...
Coherent Introduces a New Circulator Adaptor Enabling Bi-Directional Fiber Connectivity For AI/ML Applications
PITTSBURGH, March 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical communications technology and components, announced today the introduction of a bi-di circulator adaptor...
Coherent Debuts 800 Gbps QSFP Form Factor Transceiver Module for IP-over-DWDM Applications
PITTSBURGH, March 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, announced today that it will be demonstrating its 800 Gbps coherent transceiv...
Coherent Introduces Industry-First I-temp 100G ZR QSFP28-DCO Module for Expanded Application in Edge and Access Networks
PITTSBURGH, March 20, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of high-performance optical networking solutions, today introduced its versatile I-temp 100G ZR QSFP28 di...
Coherent Unveils New Diode Laser Bar for Improved Outcomes in Hair Removal
PITTSBURGH, March 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-power diode lasers for aesthetic and dermatological applications, today introduced a game-changing d...
Coherent Introduces Wavemaker® and Waveshaper® Optical Solutions for Multi-Wavelength Transmissions
PITTSBURGH, March 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical networking, announced today the introduction of two new optical test instrumentation products:
Coherent Executives to Speak at the Optica Executive Forum During OFC 2024
PITTSBURGH, March 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in photonic solutions, is proud to announce its participation at the upcoming Optica Executive Forum at OFC 2024, ...