Coherent Corp. (COHR)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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...
Coherent Analysts Boost Their Forecasts Following Better-Than-Expected Earnings
Coherent Corp. COHR reported better-than-expected earnings for the first quarter on Wednesday.
Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript
Coherent Corp. (COHR) Q1 2025 Earnings Call Transcript
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 ...
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...
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...
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...
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...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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...