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

Coherent Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Coherent stock have an average target of 52.78, with a low estimate of 7.00 and a high estimate of 85. The average target predicts a decrease of -12.93% from the current stock price of 60.62.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $52.78 $55 $85
Change -88.45% -12.93% -9.27% +40.22%
* Price targets were last updated on Feb 7, 2024.

Analyst Ratings

The average analyst rating for Coherent stock from 18 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 101010101010
Buy 443443
Hold 656555
Sell 000000
Strong Sell 000000
Total 201919191918

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$54$74
Strong Buy Maintains $54$74 +22.07% Feb 7, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$45$58
Hold Maintains $45$58 -4.32% Feb 7, 2024
Stifel
Stifel
Strong Buy
Maintains
$58$68
Strong Buy Maintains $58$68 +12.17% Feb 7, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$40$65
Strong Buy Maintains $40$65 +7.23% Feb 7, 2024
Susquehanna
Susquehanna
Hold
Maintains
$35$55
Hold Maintains $35$55 -9.27% Feb 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.01B
from 5.16B
Increased by 16.43%
Revenue Next Year
4.71B
from 6.01B
Decreased by -21.57%
EPS This Year
4.59
from -2.93
EPS Next Year
1.51
from 4.59
Decreased by -67.03%
Year 20192020202120222023202420242025202520262026
Revenue
1.36B2.38B3.11B3.32B5.16B6.01B4.71B6.55B5.51B6.18B5.93B
Revenue Growth
17.58%74.68%30.50%6.78%55.58%16.43%-21.57%39.09%-15.93%12.23%-4.16%
EPS
1.63-0.792.371.45-2.934.591.515.683.154.333.91
EPS Growth
20.74%---38.82%---67.03%275.65%-44.63%37.58%-9.69%
No. Analysts -----162072097
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 4.9B 6.1B 6.4B
Avg 4.7B 5.5B 5.9B
Low 4.5B 5.1B 5.4B

Revenue Growth

Revenue Growth 202420252026
High
-5.3%
29.1%
15.4%
Avg
-8.7%
16.9%
7.6%
Low
-13.1%
8.3%
-1.6%

EPS Forecast

EPS 202420252026
High 1.67 4.26 4.35
Avg 1.51 3.15 3.91
Low 1.27 2.42 3.56

EPS Growth

EPS Growth 202420252026
High -
181.8%
38.2%
Avg -
108.0%
24.2%
Low -
60.0%
13.1%
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.