Coherent Corp. (COHR)

NYSE: COHR · Real-Time Price · USD
100.07
+0.29 (0.29%)
Dec 26, 2024, 10:54 AM EST - Market open
0.29%
Market Cap 15.48B
Revenue (ttm) 5.00B
Net Income (ttm) -187.75M
Shares Out 154.66M
EPS (ttm) -1.23
PE Ratio n/a
Forward PE 31.08
Dividend n/a
Ex-Dividend Date n/a
Volume 199,803
Open 99.27
Previous Close 99.78
Day's Range 97.48 - 100.40
52-Week Range 40.12 - 113.60
Beta 1.66
Analysts Strong Buy
Price Target 106.93 (+6.86%)
Earnings Date Feb 3, 2025

About COHR

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers telecommunication products for fiber-optic transmission; datacom transceivers, including pluggable transceivers for ethernet and fiber channel applications; and advanced optics, such as fiber a... [Read more]

Sector Technology
IPO Date Oct 2, 1987
Employees 26,157
Stock Exchange NYSE
Ticker Symbol COHR
Full Company Profile

Financial Performance

In 2024, Coherent's revenue was $4.71 billion, a decrease of -8.77% compared to the previous year's $5.16 billion. Losses were -$279.51 million, -30.76% less than in 2023.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for COHR stock is "Strong Buy." The 12-month stock price forecast is $106.93, which is an increase of 6.86% from the latest price.

Price Target
$106.93
(6.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Next Generation ARM FL: a Compact Powerhouse for Industrial Laser Applications

PITTSBURGH, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of its latest generation adjustable ring mode fiber laser ARM...

10 days ago - GlobeNewsWire

Coherent Corp.: A Rising Star In The Data Center Segment

Coherent disposes of a complete portfolio of data center transceivers, lasers, and other elements for silicon photonics. Along with its peers, its revenue growth is accelerating, pushed by positive AI...

13 days ago - Seeking Alpha

Coherent Evaluates Strategic Alternatives for its Advanced Lithium-Ion Battery Recycling Technology

PITTSBURGH, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that as a result of an ongoing strategic portfolio asse...

14 days ago - GlobeNewsWire

No Spilled Milk To Cry Over: Initiating Coherent With A Buy

I think Coherent's diversified revenue streams and strategic investments in AI-driven data center optical transceivers position it for long-term growth. I'm initiating with a buy. My buy is cautious b...

14 days ago - Seeking Alpha

Coherent Unveils Discovery LX Laser, Expanding the Chameleon Discovery Family

Image 1: Chameleon Discovery LX PITTSBURGH, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonics solutions, announces the launch of the Chameleon Disco...

16 days ago - GlobeNewsWire

Coherent Announces General Availability of Industrial Temperature Range 100G ZR QSFP28-DCO

PITTSBURGH, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, proudly announces the general availability and production r...

16 days ago - GlobeNewsWire

Coherent Launches High-Speed Photodiodes for 1.6T Transceivers

PITTSBURGH, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, has announced the production release of high-speed indium p...

5 weeks ago - GlobeNewsWire

Coherent Analysts Boost Their Forecasts Following Better-Than-Expected Earnings

Coherent Corp. COHR reported better-than-expected earnings for the first quarter on Wednesday.

6 weeks ago - Benzinga

Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript

Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript

7 weeks ago - Seeking Alpha

Coherent Corp. Reports First Quarter Fiscal 2025 Results

PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today ...

7 weeks ago - GlobeNewsWire

Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform

PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that it is evaluating strategic alternatives for its ba...

2 months ago - GlobeNewsWire

The Best Tech Stocks to Buy

Tech stocks are the market's engine of growth. But what defines a tech stock?

2 months ago - Kiplinger

Coherent Introduces ARM FL20D Fiber Laser, Setting New Standards for High-Power Welding

Image 1 : ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fibe...

2 months ago - GlobeNewsWire

Coherent Corp. Announces Timing of First-Quarter Fiscal 2025 Earnings Release

PITTSBURGH, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced today that it will relea...

2 months ago - GlobeNewsWire

Coherent Introduces Versatile 2D Cutting Head for Lasers Up to 12 kW

Image 1: CUT12 sheet metal laser cutting processing head. PITTSBURGH, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launc...

2 months ago - GlobeNewsWire

This AI stock just got downgraded after a 130% rally for the year

Coherent's transceivers have proved useful for data-center connectivity, but a Rosenblatt analyst sees several factors that could stall the stock's run.

2 months ago - Market Watch

Coherent Announces Radical New Fiber Laser Platform

PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in industrial laser technology, announced the launch of the EDGE FLTM high-power fiber laser series, tailored...

2 months ago - GlobeNewsWire

Coherent Appoints Rob Beard as Chief Legal and Global Affairs Officer

PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehe...

2 months ago - GlobeNewsWire

Coherent Announces New Employee Inducement Grants Under NYSE Rule 303A.08

PITTSBURGH, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that the Company made awards of restric...

2 months ago - GlobeNewsWire

Top 2 Tech Stocks That May Dip In October

As of Oct. 14, 2024, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: CMPO
2 months ago - Benzinga

Coherent Appoints Sherri Luther as Chief Financial Officer

PITTSBURGH, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehe...

2 months ago - GlobeNewsWire

Coherent Awarded Excellence in Sustainability Award from KLA

PITTSBURGH, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics solutions for the semiconductor industry, is proud to announce that it has been awarded the Exce...

2 months ago - GlobeNewsWire

Coherent: The Future Looks Bright For This AI Growth Play

Coherent stock has increased 175% in 12 months. Growth trends in datacom transceivers on AI demand will continue to drive improvements in operating results. CEO Jim Anderson's restructuring plan shoul...

3 months ago - Seeking Alpha

Coherent Announces Sale of UK Manufacturing Facility Following Strategic Review

PITTSBURGH, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the sale of its manufacturing facility in Newton Aycli...

3 months ago - GlobeNewsWire

Coherent Expands Silicon Carbide 200 mm n-Type Epitaxial Wafer Production

PITTSBURGH, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and laser technologies, announced today the launch of its 200 mm silicon carbide e...

3 months ago - GlobeNewsWire