Coherent, Inc. (COHR)

NYSE: COHR · IEX Real-Time Price · USD
57.37
+0.72 (1.27%)
May 15, 2024, 3:35 PM EDT - Market open
1.27%
Market Cap 8.75B
Revenue (ttm) 4.60B
Net Income (ttm) -414.57M
Shares Out 152.46M
EPS (ttm) -2.87
PE Ratio n/a
Forward PE 20.55
Dividend n/a
Ex-Dividend Date n/a
Volume 948,971
Open 57.30
Previous Close 56.65
Day's Range 56.55 - 58.05
52-Week Range 27.56 - 67.94
Beta 1.69
Analysts Strong Buy
Price Target 52.47 (-8.54%)
Earnings Date May 6, 2024

About COHR

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semic... [Read more]

Sector Technology
IPO Date Oct 2, 1987
Employees 26,622
Stock Exchange NYSE
Ticker Symbol COHR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for COHR stock is "Strong Buy." The 12-month stock price forecast is $52.47, which is a decrease of -8.54% from the latest price.

Price Target
$52.47
(-8.54% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Coherent Announces Date of Its Instrumentation Market Overview Webcast

PITTSBURGH, May 07, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an Instrumentation Market Ove...

7 days ago - GlobeNewsWire

Coherent Corp. Releases Third-Quarter Fiscal Year 2024 Financial Results

PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its third quarter of fiscal ye...

8 days ago - GlobeNewsWire

Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation

PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targete...

22 days ago - GlobeNewsWire

Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey

Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Us...

22 days ago - GlobeNewsWire

Coherent Announces Date of FY2024 Third-Quarter Conference Call

PITTSBURGH, April 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results fo...

27 days ago - GlobeNewsWire

Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors

Coherent secured $15 million in funding from the CHIPS Act to accelerate commercialization of next-generation wide- and ultrawide-bandgap semiconductors.

5 weeks ago - GlobeNewsWire

Coherent Loans James Webb Space Telescope Demonstration Mirror to Space Foundation Discovery Center

Coherent announced it will provide on loan a demonstration mirror developed for the James Webb Space Telescope to the Space Foundation Discovery Center.

5 weeks ago - GlobeNewsWire

Coherent to Present a Broad Portfolio of New Products and Technology Innovations at OFC 2024

PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical communications components and subsystems, announced today that it will showcase its new products ...

7 weeks ago - GlobeNewsWire

Coherent Corp., Juniper Networks and Marvell Deliver Public Demonstration of Industry-First Comprehensive 800ZR System at OFC'24

SUNNYVALE, Calif.--(BUSINESS WIRE)--Juniper Networks®, (NYSE: JNPR), a leader in secure, AI-Native Networking, is collaborating with Coherent Corp. (NYSE: COHR), a leader in compound semiconductors an...

Other symbols: JNPR
7 weeks ago - Business Wire

Coherent Announces the World's First 6-Inch Indium Phosphide Scalable Wafer Fabs Paving the Way for the Next Generation of Lasers for AI Transceivers and 6G Wireless Networks

Coherent expands capacity in its U.S. and European fabs and significantly reduces die cost for InP optoelectronic devices including lasers, detectors, and electronics Coherent expands capacity in its ...

7 weeks ago - GlobeNewsWire

Coherent Announces Optical Circuit Switch for Data Centers

Live Demonstration at OFC 2024 Based on Ultrareliable DLX™ Technology Live Demonstration at OFC 2024 Based on Ultrareliable DLX™ Technology

7 weeks ago - GlobeNewsWire

Coherent Reports Significant Advancement in VCSEL Performance for Next-Gen AI Networks

PITTSBURGH, March 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that it has made a significant breakthrough in improvi...

7 weeks ago - GlobeNewsWire

Coherent Announces High-Power Uncooled G10 Pump Laser Modules for Submarine and Terrestrial Applications

PITTSBURGH, March 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of high-performance optical networking solutions, announced today new high-power, uncooled pump laser mod...

7 weeks ago - GlobeNewsWire

Coherent Introduces a New Circulator Adaptor Enabling Bi-Directional Fiber Connectivity For AI/ML Applications

PITTSBURGH, March 22, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical communications technology and components, announced today the introduction of a bi-di circulator adaptor...

7 weeks ago - GlobeNewsWire

Coherent Debuts 800 Gbps QSFP Form Factor Transceiver Module for IP-over-DWDM Applications

PITTSBURGH, March 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, announced today that it will be demonstrating its 800 Gbps coherent transceiv...

7 weeks ago - GlobeNewsWire

Coherent Introduces Industry-First I-temp 100G ZR QSFP28-DCO Module for Expanded Application in Edge and Access Networks

PITTSBURGH, March 20, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of high-performance optical networking solutions, today introduced its versatile I-temp 100G ZR QSFP28 di...

7 weeks ago - GlobeNewsWire

Coherent Unveils New Diode Laser Bar for Improved Outcomes in Hair Removal

PITTSBURGH, March 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-power diode lasers for aesthetic and dermatological applications, today introduced a game-changing d...

2 months ago - GlobeNewsWire

Coherent Introduces Wavemaker® and Waveshaper® Optical Solutions for Multi-Wavelength Transmissions

PITTSBURGH, March 19, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in optical networking, announced today the introduction of two new optical test instrumentation products:

2 months ago - GlobeNewsWire

Coherent Executives to Speak at the Optica Executive Forum During OFC 2024

PITTSBURGH, March 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a pioneer in photonic solutions, is proud to announce its participation at the upcoming Optica Executive Forum at OFC 2024, ...

2 months ago - GlobeNewsWire

Coherent Announces Comprehensive Microlens Array (MLA) Solution

PITTSBURGH, March 18, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical materials, components, and subsystems, today announced its comprehensive microlens array (MLA) solution ...

2 months ago - GlobeNewsWire

Coherent Debuts Extended C+L-Band Grisms With Unmatched Efficiency and Performance

PITTSBURGH, March 15, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in optical communications components and subsystems, has introduced a groundbreaking family of advanced, aberration...

2 months ago - GlobeNewsWire

Three Coherent Products Honored With Lightwave Innovation Awards as Top Solutions in the Optical Networking Industry

PITTSBURGH, March 14, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that three of its products received awards in the 2024...

2 months ago - GlobeNewsWire

Coherent to Host OFC Investor Briefing on March 26, 2024

PITTSBURGH, March 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an investor briefing on Tue...

2 months ago - GlobeNewsWire

Dr. Vincent D. Mattera, Jr., to Retire as CEO of Coherent

Board to Commence a Comprehensive Executive Search Process Company Reaffirms Fiscal 2024 Guidance PITTSBURGH, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR...

3 months ago - GlobeNewsWire

Coherent stock rallies on profit beat and bullish comments on product launch

Stronger-than-expected earnings, fast growth in another unit and a bullish report on a new product powered gains in Coherent Corp.'s stock on Tuesday.

3 months ago - Market Watch