Coherent Corp. (COHR)

NASDAQ: COHR · IEX Real-Time Price · USD
37.77
+0.52 (1.40%)
At close: Dec 2, 2022 4:00 PM
36.81
-0.96 (-2.54%)
After-hours: Dec 2, 2022 6:15 PM EST
1.4%
Market Cap 6.61B
Revenue (ttm) 3.87B
Net Income (ttm) 34.88M
Shares Out 130.87M
EPS (ttm) 0.38
PE Ratio 99.39
Forward PE 30.03
Dividend n/a
Ex-Dividend Date n/a
Volume 1,218,933
Open 37.05
Previous Close 37.25
Day's Range 36.11 - 37.78
52-Week Range 29.9 - 75.05
Beta 1.46
Analysts Buy
Price Target 62.49 (+65.4%)
Earnings Date Nov 9, 2022

About COHR

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates in two segments, Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in high-power 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;... [Read more]

Industry Electronic Equipment, Instruments & Components
IPO Date Oct 2, 1987
CEO Vincent Mattera
Employees 23,658
Stock Exchange NASDAQ
Ticker Symbol COHR
Full Company Profile

Financial Performance

In 2022, Coherent's revenue was $3.32 billion, an increase of 6.78% compared to the previous year's $3.11 billion. Earnings were $234.76 million, a decrease of -21.10%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for COHR stock is "Buy." The 12-month stock price forecast is 62.49, which is an increase of 65.45% from the latest price.

Price Target
$62.49
(65.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Coherent to Present at the Nasdaq 47th Investor Conference

PITTSBURGH, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the followin...

3 days ago - GlobeNewsWire

Is the Options Market Predicting a Spike in Coherent Corp (COHR) Stock?

Investors need to pay close attention to Coherent Corp (COHR) stock based on the movements in the options market lately.

4 days ago - Zacks Investment Research

Coherent to Present at the 2022 Raymond James Technology Investors Conference

PITTSBURGH, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the followin...

4 days ago - GlobeNewsWire

COHR vs. WDH: Which Stock Is the Better Value Option?

COHR vs. WDH: Which Stock Is the Better Value Option?

Other symbols: WDH
2 weeks ago - Zacks Investment Research

Why Coherent Stock Lit Up 12% on Wednesday

Coherent stock may not look cheap right now, but just wait until you see what 2023 has in store.

3 weeks ago - The Motley Fool

Coherent (COHR) Q1 Earnings Surpass Estimates

Coherent (COHR) delivered earnings and revenue surprises of 25.30% and 0.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Coherent Corp. Reports Fiscal 2023 First Quarter Results

PITTSBURGH, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq:COHR) (“Coherent,” “We” or the “Company”) today reported results for its fiscal 2023 first quarter ended September 30, 2022.

3 weeks ago - GlobeNewsWire

Analysts Estimate Coherent (COHR) to Report a Decline in Earnings: What to Look Out for

Coherent (COHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Is the Options Market Predicting a Spike in Coherent Corp. (COHR) Stock?

Investors need to pay close attention to Coherent Corp. (COHR) stock based on the movements in the options market lately.

1 month ago - Zacks Investment Research

Coherent Corp. to Host FY 2023 First-Quarter Conference Call

PITTSBURGH, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will hold a conference call ...

1 month ago - GlobeNewsWire

Coherent Introduces 30 kW Laser Cutting Heads

PITTSBURGH, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in advanced laser processing solutions, today announced that it introduced its next-generation flat sheet cutting la...

1 month ago - GlobeNewsWire

Coherent Issues Environmental, Social, and Governance (ESG) Report 2022

PITTSBURGH, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in materials, networking, and laser technology, today announced the publication of its Environmental, Social, and Go...

1 month ago - GlobeNewsWire

Coherent Appoints Dr. Julie Sheridan Eng as Chief Technology Officer

PITTSBURGH, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, today announced that Dr. Julie Sheridan Eng, previously Senio...

1 month ago - GlobeNewsWire

Coherent Announces Advanced Industry 4.0 Integration of Laser Welding Head Vision System Enabling a Revolution in EV ...

PITTSBURGH, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in advanced laser processing solutions, today announced HIGHvision, a machine vision system for laser welding heads,...

1 month ago - GlobeNewsWire

Why Coherent Stock Took a Double-Digit Hit This Week

Investors took the latest analyst moves on the company to heart.

1 month ago - The Motley Fool

Coherent Wins ECOC 2022 Award for Optical Integration With 400G ZR+ QSFP-DD-DCO Transceiver

PITTSBURGH, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in optical communications transceivers, today announced that its 400G ZR+ QSFP-DD-DCO transceiver has won the 2022 ...

2 months ago - GlobeNewsWire

Coherent Thought Leaders to Present at ECOC 2022 and Showcase New Products With Live Technology Demonstrations

PITTSBURGH, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), the world's leading supplier of components and modules for optical communications, today announced that it is exhibiting at ...

2 months ago - GlobeNewsWire

Semtech and Coherent Showcase 200G per Lane Laser Driver with 200G EML Optics at ECOC 2022

BASEL, Switzerland--(BUSINESS WIRE)--Collaboration accelerates 200G per lane deployment in power efficient and highly integrated optical solutions for data center applications

Other symbols: SMTC
2 months ago - Business Wire

Coherent Introduces Ultrahigh-Resolution Telemetry Module for Embedded Performance Monitoring in 800G Optical Transpo...

PITTSBURGH, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in optical communications technology, today announced the introduction of its ultrahigh-resolution telemetry module...

2 months ago - GlobeNewsWire

New Strong Sell Stocks for September 16th

CNF, AMRK, and COHR have been added to the Zacks Rank #5 (Strong Sell) List on September 16, 2022.

Other symbols: AMRKCNF
2 months ago - Zacks Investment Research

Coherent Introduces 200G Indium Phosphide Electro-Absorption Modulated Lasers for High-Speed Datacenter Transceivers

PITTSBURGH, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a global leader in optical communications components and subsystems, today announced the introduction of its 200 Gbps indium...

2 months ago - GlobeNewsWire

Coherent Introduces I-Temp Micro-Pump Lasers for Extended Temperature Operation in Broadband Optical Access Networks

PITTSBURGH, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in pump laser technology for optical networks, today announced the introduction of its I-Temp micro-pump lasers for...

2 months ago - GlobeNewsWire

New Strong Sell Stocks for September 14th

ALCO, COHR, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 14, 2022.

Other symbols: ALCO
2 months ago - Zacks Investment Research

Coherent Awarded Contract to Develop Optical Transceivers for the DARPA Space-BACN Program

PITTSBURGH, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Coherent Corp. (Nasdaq: COHR), a leader in photonics for communications and aerospace & defense, today announced that it has won a Defense Advanced Researc...

2 months ago - GlobeNewsWire