Coherent, Inc. (COHR)
NYSE: COHR · IEX Real-Time Price · USD
72.86
+0.12 (0.16%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Coherent Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Coherent stock have an average target of 52.86, with a low estimate of 7.00 and a high estimate of 76. The average target predicts a decrease of -27.45% from the current stock price of 72.86.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 3, 2024.
Analyst Ratings
The average analyst rating for Coherent stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 8 | 8 | 8 |
| Buy | 4 | 4 | 3 | 2 | 2 | 2 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 18 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $72 | Strong Buy | Reiterates | $72 | -1.18% | Jun 3, 2024 |
| Stifel | Stifel | Strong Buy Maintains $68 | Strong Buy | Maintains | $68 | -6.67% | May 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $72 | Strong Buy | Reiterates | $72 | -1.18% | May 7, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | -10.79% | May 7, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $55 | Hold | Maintains | $55 | -24.51% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
6.01B
from 5.16B
Increased by 16.43%
Revenue Next Year
4.76B
from 6.01B
Decreased by -20.71%
EPS This Year
4.59
from -2.93
EPS Next Year
1.68
from 4.59
Decreased by -63.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.9B | 6.4B |
| Avg | 4.8B | 5.5B | 5.9B |
| Low | 4.5B | 5.2B | 5.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.5% | 24.7% | 14.6% |
| Avg | -7.7% | 16.5% | 6.8% |
| Low | -12.1% | 8.7% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.80 | 3.97 | 4.35 |
| Avg | 1.68 | 3.12 | 3.91 |
| Low | 1.56 | 2.70 | 3.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 136.4% | 39.3% |
| Avg | - | 85.8% | 25.2% |
| Low | - | 61.0% | 14.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.