Coherent, Inc. (COHR)

NYSE: COHR · IEX Real-Time Price · USD
60.62
-0.26 (-0.43%)
At close: Mar 28, 2024, 4:00 PM
60.20
-0.42 (-0.69%)
After-hours: Mar 28, 2024, 7:36 PM EDT
-0.43%
Market Cap 9.20B
Revenue (ttm) 4.63B
Net Income (ttm) -403.71M
Shares Out 151.81M
EPS (ttm) -2.82
PE Ratio n/a
Forward PE 24.47
Dividend n/a
Ex-Dividend Date n/a
Volume 1,491,585
Open 61.13
Previous Close 60.88
Day's Range 60.19 - 62.26
52-Week Range 26.29 - 67.94
Beta 1.68
Analysts Strong Buy
Price Target 52.78 (-12.93%)
Earnings Date May 8, 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]

Sector Technology
IPO Date Oct 2, 1987
Employees 26,622
Stock Exchange NYSE
Ticker Symbol COHR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for COHR stock is "Strong Buy." The 12-month stock price forecast is $52.78, which is a decrease of -12.93% from the latest price.

Price Target
$52.78
(-12.93% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

3 days ago - GlobeNewsWire

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...

Other symbols: JNPR
3 days ago - Business Wire

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 ...

3 days ago - GlobeNewsWire

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

3 days ago - GlobeNewsWire

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...

3 days ago - GlobeNewsWire

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...

6 days ago - GlobeNewsWire

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...

6 days ago - GlobeNewsWire

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...

7 days ago - GlobeNewsWire

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...

8 days ago - GlobeNewsWire

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...

9 days ago - GlobeNewsWire

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:

9 days ago - GlobeNewsWire

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, ...

10 days ago - GlobeNewsWire

Coherent Announces Comprehensive Microlens Array (MLA) Solution

PITTSBURGH, March 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical materials, components, and subsystems, today announced its comprehensive microlens array (MLA) solution ...

10 days ago - GlobeNewsWire

Coherent Debuts Extended C+L-Band Grisms With Unmatched Efficiency and Performance

PITTSBURGH, March 15, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical communications components and subsystems, has introduced a groundbreaking family of advanced, aberration...

13 days ago - GlobeNewsWire

Three Coherent Products Honored With Lightwave Innovation Awards as Top Solutions in the Optical Networking Industry

PITTSBURGH, March 14, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that three of its products received awards in the 2024...

14 days ago - GlobeNewsWire

Coherent to Host OFC Investor Briefing on March 26, 2024

PITTSBURGH, March 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an investor briefing on Tue...

16 days ago - GlobeNewsWire

Dr. Vincent D. Mattera, Jr., to Retire as CEO of Coherent

Board to Commence a Comprehensive Executive Search Process Company Reaffirms Fiscal 2024 Guidance PITTSBURGH, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR...

5 weeks ago - GlobeNewsWire

Coherent stock rallies on profit beat and bullish comments on product launch

Stronger-than-expected earnings, fast growth in another unit and a bullish report on a new product powered gains in Coherent Corp.'s stock on Tuesday.

7 weeks ago - Market Watch

Coherent Corp. Releases Second-Quarter Fiscal Year 2024 Financial Results

PITTSBURGH, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its second quarter of fiscal ...

7 weeks ago - GlobeNewsWire

Coherent Introduces ExactWeld 410 Laser Welding System for Medical Device Manufacturing

Coherent will showcase its full suite of medical device manufacturing systems at MDM West, at the Anaheim Convention Center in California, Feb. 6-8. Coherent will showcase its full suite of medical de...

2 months ago - GlobeNewsWire

Coherent Selected for Funding by the Department of Energy for Its Li-S Battery Technology for Next-Generation Electric Vehicles

PITTSBURGH, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in engineered materials, has been selected for multimillion-dollar funding under the Department of Energy (DO...

2 months ago - GlobeNewsWire

Coherent to Showcase a Broad Portfolio of Product and Technology Innovations at Photonics West and Bios Expo 2024

PITTSBURGH, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it will exhibit industry-leading products and capa...

2 months ago - GlobeNewsWire

Coherent Introduces Infrared Wire-Grid Polarizers With Industry-Breakthrough Performance for Atmospheric Remote Sensing

PITTSBURGH, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in diffractive optics, today announced the introduction of a family of mid-wavelength infrared (MWIR) and long-wavel...

2 months ago - GlobeNewsWire

Coherent Introduces 532 nm HyperRapid NXT Picosecond Laser for Ultraprecision Manufacturing of Thin-Film Solar Cells

PITTSBURGH, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in industrial lasers for materials processing, today announced the introduction of its new HyperRapid NXT industrial...

2 months ago - GlobeNewsWire

Coherent Introduces New WaveShaper Instruments for the U- and Super C-Bands

PITTSBURGH, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of test and measurement instruments for optical communications, today announced the introduction of new me...

2 months ago - GlobeNewsWire