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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 10 | 10 | 10 | 10 | 10 | 10 |
Buy | 4 | 4 | 3 | 4 | 4 | 3 |
Hold | 6 | 5 | 6 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 20 | 19 | 19 | 19 | 19 | 18 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | -5.3% | 29.1% | 15.4% |
Avg | -8.7% | 16.9% | 7.6% |
Low | -13.1% | 8.3% | -1.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.