Coherent Corp. (COHR)

NYSE: COHR · Real-Time Price · USD
103.38
-0.87 (-0.83%)
At close: Nov 20, 2024, 4:00 PM
102.00
-1.38 (-1.33%)
After-hours: Nov 20, 2024, 7:44 PM EST
-0.83%
Market Cap 15.99B
Revenue (ttm) 5.00B
Net Income (ttm) -187.75M
Shares Out 154.66M
EPS (ttm) -1.23
PE Ratio n/a
Forward PE 32.14
Dividend n/a
Ex-Dividend Date n/a
Volume 1,585,157
Open 101.89
Previous Close 104.25
Day's Range 100.32 - 103.94
52-Week Range 35.41 - 111.66
Beta 1.65
Analysts Buy
Price Target 97.64 (-5.55%)
Earnings Date Nov 6, 2024

About COHR

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers telecommunication products for fiber-optic transmission; datacom transceivers, including pluggable transceivers for ethernet and fiber channel applications; and advanced optics, such as fiber a... [Read more]

Sector Technology
IPO Date Oct 2, 1987
Employees 26,157
Stock Exchange NYSE
Ticker Symbol COHR
Full Company Profile

Financial Performance

In 2024, Coherent's revenue was $4.71 billion, a decrease of -8.77% compared to the previous year's $5.16 billion. Losses were -$279.51 million, -30.76% less than in 2023.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for COHR stock is "Buy." The 12-month stock price forecast is $97.64, which is a decrease of -5.55% from the latest price.

Price Target
$97.64
(-5.55% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Coherent Launches High-Speed Photodiodes for 1.6T Transceivers

PITTSBURGH, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, has announced the production release of high-speed indium p...

2 days ago - GlobeNewsWire

Coherent Analysts Boost Their Forecasts Following Better-Than-Expected Earnings

Coherent Corp. COHR reported better-than-expected earnings for the first quarter on Wednesday.

13 days ago - Benzinga

Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript

Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript

14 days ago - Seeking Alpha

Coherent Corp. Reports First Quarter Fiscal 2025 Results

PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today ...

14 days ago - GlobeNewsWire

Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform

PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that it is evaluating strategic alternatives for its ba...

23 days ago - GlobeNewsWire

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26 days ago - Kiplinger

Coherent Introduces ARM FL20D Fiber Laser, Setting New Standards for High-Power Welding

Image 1 : ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fibe...

27 days ago - GlobeNewsWire

Coherent Corp. Announces Timing of First-Quarter Fiscal 2025 Earnings Release

PITTSBURGH, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced today that it will relea...

4 weeks ago - GlobeNewsWire

Coherent Introduces Versatile 2D Cutting Head for Lasers Up to 12 kW

Image 1: CUT12 sheet metal laser cutting processing head. PITTSBURGH, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launc...

4 weeks ago - GlobeNewsWire

This AI stock just got downgraded after a 130% rally for the year

Coherent's transceivers have proved useful for data-center connectivity, but a Rosenblatt analyst sees several factors that could stall the stock's run.

4 weeks ago - Market Watch

Coherent Announces Radical New Fiber Laser Platform

PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of the EDGE FLTM high-power fiber laser series, tailored...

4 weeks ago - GlobeNewsWire

Coherent Appoints Rob Beard as Chief Legal and Global Affairs Officer

PITTSBURGH, Oct. 21, 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...

4 weeks ago - GlobeNewsWire

Coherent Announces New Employee Inducement Grants Under NYSE Rule 303A.08

PITTSBURGH, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the Company made awards of restric...

5 weeks ago - GlobeNewsWire

Top 2 Tech Stocks That May Dip In October

As of Oct. 14, 2024, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: CMPO
5 weeks ago - Benzinga

Coherent Appoints Sherri Luther as Chief Financial Officer

PITTSBURGH, Oct. 11, 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...

5 weeks ago - GlobeNewsWire

Coherent Awarded Excellence in Sustainability Award from KLA

PITTSBURGH, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics solutions for the semiconductor industry, is proud to announce that it has been awarded the Exce...

5 weeks ago - GlobeNewsWire

Coherent: The Future Looks Bright For This AI Growth Play

Coherent stock has increased 175% in 12 months. Growth trends in datacom transceivers on AI demand will continue to drive improvements in operating results. CEO Jim Anderson's restructuring plan shoul...

6 weeks ago - Seeking Alpha

Coherent Announces Sale of UK Manufacturing Facility Following Strategic Review

PITTSBURGH, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the sale of its manufacturing facility in Newton Aycli...

7 weeks ago - GlobeNewsWire

Coherent Expands Silicon Carbide 200 mm n-Type Epitaxial Wafer Production

PITTSBURGH, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and laser technologies, announced today the launch of its 200 mm silicon carbide e...

7 weeks ago - GlobeNewsWire

Coherent Awarded Data Center Innovation/Best Product at ECOC 2024

PITTSBURGH, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has won the 2024 ECOC Exhibition Industry Awar...

2 months ago - GlobeNewsWire

Coherent Industry Leaders Speak at ECOC 2024

PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, will participate in multiple panels and workshops at the European Conference ...

2 months ago - GlobeNewsWire

Coherent to Demonstrate a Broad Portfolio of Innovative Products and Technologies at ECOC 2024

PITTSBURGH, Sept. 23, 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 ...

2 months ago - GlobeNewsWire

Coherent to Demonstrate 1.6T-DR8 and 800G-DR4 Transceivers at ECOC 2024, Showcasing Advanced Multi-Technology Solutions

PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications, announced today the demonstration of two advanced transceiver modules at the Euro...

2 months ago - GlobeNewsWire

Coherent Announces Alpha Availability of Novel Analog Optical Multi-Link Modules

Image 1: Coherent AO-xCAO4x series of transmitter and receiver modules. PITTSBURGH, Sept.

2 months ago - GlobeNewsWire

Coherent Unveils Uncooled Dual-Chip 2x400 mW 980 nm Micro-Pump Laser for Ultra-Compact Optical Amplifiers

Image 1: 2x400 mW Dual-Chip 980 nm Micro-Pump Laser.

2 months ago - GlobeNewsWire