Coherent, Inc. (COHR)

US — Technology Sector
Peers: TRMB  TDY  JBL  FTV  FLEX  FN  GFS  ASTS  SATS  SSNC 

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Key Metrics & Ratings

  • symbol COHR
  • Rev/Share 38.864
  • Book/Share 55.8676
  • PB 4.1497
  • Debt/Equity 0.4206
  • CurrentRatio 2.3283
  • ROIC 0.0376

 

  • MktCap 34957249231.0
  • FreeCF/Share 0.4745
  • PFCF 473.8231
  • PE 138.454
  • Debt/Assets 0.2385
  • DivYield 0
  • ROE 0.0314

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 3
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade COHR Northland Capital Outperform Market Perform -- $125 Nov. 6, 2025
Downgrade COHR BofA Securities Buy Neutral -- $105 Aug. 14, 2025
Initiation COHR Wolfe Research -- Outperform -- -- July 8, 2025
Reiterated COHR Needham -- Buy $125 $85 April 28, 2025
Upgrade COHR Northland Capital Market Perform Outperform -- -- April 7, 2025
Upgrade COHR Rosenblatt Neutral Buy -- $85 April 4, 2025
Upgrade COHR Raymond James Outperform Strong Buy $110 $91 March 24, 2025
Resumed COHR Jefferies -- Buy -- -- Feb. 21, 2025
Initiation COHR Jefferies -- Buy -- $135 Dec. 4, 2024
Downgrade COHR Rosenblatt Buy Neutral -- $105 Oct. 22, 2024

News

Coherent Q2 Earnings Preview: Buy Now or Wait for the Results?
COHR
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Neutral

COHR moves ahead to post 2Q26 results, with revenue estimates of $1.6B, a rising EPS forecast and strong AI-driven demand aiding the company.

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image for news Coherent Q2 Earnings Preview: Buy Now or Wait for the Results?
4 Business Services Firms Poised to Beat Estimates This Earnings Season
COHR, EXPO, IT, TRU
Published: January 30, 2026 by: Zacks Investment Research
Sentiment: Positive

IT, COHR, EXPO and TRU are set to shine this earnings season, each showing strong growth estimates and solid momentum across the business services sector.

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image for news 4 Business Services Firms Poised to Beat Estimates This Earnings Season
Coherent (COHR) Reports Next Week: Wall Street Expects Earnings Growth
COHR
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Coherent (COHR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Coherent (COHR) Reports Next Week: Wall Street Expects Earnings Growth
Will Coherent (COHR) Beat Estimates Again in Its Next Earnings Report?
COHR
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

Coherent (COHR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Coherent (COHR) Beat Estimates Again in Its Next Earnings Report?
These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar
COHR, WU
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

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image for news These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar
COHR vs. ARM: Which Tech Growth Stock Is the Better Buy Now?
ARM, COHR
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Neutral

Coherent vs. Arm Holdings frames an AI-driven growth contest, comparing margins, balance sheets and valuation to see which tech stock offers the better buy now.

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image for news COHR vs. ARM: Which Tech Growth Stock Is the Better Buy Now?
Coherent Highlights Photonics and Advanced Materials Innovation at Photonics West 2026
COHR
Published: January 20, 2026 by: GlobeNewsWire
Sentiment: Neutral

SAXONBURG, Pa., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced today that it will showcase its broad portfolio of products and innovations at SPIE Photonics West, taking place January 20-22, 2026.

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image for news Coherent Highlights Photonics and Advanced Materials Innovation at Photonics West 2026
Coherent and Quside Demonstrate Verifiable Entropy for Quantum-Safe Encryption
COHR
Published: January 20, 2026 by: GlobeNewsWire
Sentiment: Neutral

SAXONBURG, Pa., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, and Quside, a quantum technology company, have reached a major milestone in hardware-based security with the successful demonstration of a mass manufacturable quantum entropy source.

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image for news Coherent and Quside Demonstrate Verifiable Entropy for Quantum-Safe Encryption
COHR Rides the AI-Wave: Can It Maintain Balance in the Long Haul?
COHR
Published: January 16, 2026 by: Zacks Investment Research
Sentiment: Positive

Coherent's AI-driven surge is lifting revenues and margins as data center demand soars, but investors are watching whether growth and balance can hold long term.

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image for news COHR Rides the AI-Wave: Can It Maintain Balance in the Long Haul?
Coherent Named to Forbes 2026 America's Best Companies List
COHR
Published: January 16, 2026 by: GlobeNewsWire
Sentiment: Neutral

Honor highlights the strength of a culture where people power results Honor highlights the strength of a culture where people power results

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image for news Coherent Named to Forbes 2026 America's Best Companies List
Steven Cress' Top 10 Stocks For 2026
ABX, ALL, AMD, ATI, B, CIEN, CLS, COHR, INCY, MU, WLDN
Published: January 15, 2026 by: Seeking Alpha
Sentiment: Positive

Micron Technology (MU) leads Steven Cress' Top 10 Stocks for 2026, driven by sector-leading growth, profitability, and a compelling valuation despite a 254% 1-year return. AI remains a central investment theme, with hyperscalers like MU, AMD, and CIEN benefiting from robust CapEx, strong forward EPS growth, and discounted PEG ratios.

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image for news Steven Cress' Top 10 Stocks For 2026
Sapphire XT: Coherent's New Compact 1W Visible Laser Platform Sets a New Standard for Life Science and Semiconductor Innovations
COHR
Published: January 15, 2026 by: GlobeNewsWire
Sentiment: Neutral

Coherent announced the launch of the Sapphire XT, a new mid-power visible laser platform based on the company's proven Optically Pumped Semiconductor (OPS)

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image for news Sapphire XT: Coherent's New Compact 1W Visible Laser Platform Sets a New Standard for Life Science and Semiconductor Innovations
Attalon Launches as Independent Defense Technology Leader; Appoints John Bergeron as CEO to Strengthen Leadership in Precision Optics and Directed Energy
COHR
Published: January 13, 2026 by: PRNewsWire
Sentiment: Neutral

PHILADELPHIA, Jan. 13, 2026 /PRNewswire/ -- Attalon, Inc., a provider of mission-critical optical and directed energy technologies, today announced its launch as an independent standalone company following its acquisition by Advent International. Formerly the Aerospace & Defense business of Coherent Corp. (NYSE: COHR), Attalon emerges with a sharpened focus on delivering high-performance systems required for next generation warfare, including directed energy, cutting edge space and airborne optics, and survivability solutions.

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image for news Attalon Launches as Independent Defense Technology Leader; Appoints John Bergeron as CEO to Strengthen Leadership in Precision Optics and Directed Energy
Why I'm Bullish On Coherent
COHR
Published: January 12, 2026 by: Seeking Alpha
Sentiment: Positive

I am rating Coherent Corp. a Strong Buy rating, due to robust growth and three powerful structural tailwinds: AI data center demand, essential photonics infrastructure, and portfolio simplification. COHR delivered 17% y/y revenue growth to $1.58B, with data center & communications segment up 26%, driving 73% EPS growth and 200bps gross margin expansion. COHR's growth far outpaces peers—20.8% y/y revenue growth vs. 8% sector median—yet its FWD PEG ratio (1.04x) remains 38% below sector median, highlighting undervaluation.

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image for news Why I'm Bullish On Coherent
Coherent's Robust Margin Expansion: Is This Key to Its Growth Engine?
COHR
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

COHR posts sharp margin expansion in Q1 FY26 as AI-driven demand, cost discipline and a divestiture fuel 17.3% revenue growth.

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image for news Coherent's Robust Margin Expansion: Is This Key to Its Growth Engine?
SYM vs. COHR: Which Technology Services Stock Is Better-Placed Now?
COHR, SYM
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

COHR outpaces SYM with surging AI-driven demand, strong earnings beats and a more attractive valuation profile.

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image for news SYM vs. COHR: Which Technology Services Stock Is Better-Placed Now?
Buy Coherent - AI's Optical Supercycle Has Begun
COHR
Published: January 07, 2026 by: Seeking Alpha
Sentiment: Positive

Coherent Corp. is poised to capitalize on the AI data center shift to silicon photonics and optical connectivity solutions. Coherent projects mid-teens top-line CAGR, with DC business driving high-teens CAGR, and expects gross margins to continue expanding from the current 38%. Management is aggressively paying down debt, with obligations reduced to ~$3.5B, and EPS reaching a three-year high of $0.76.

Read More
image for news Buy Coherent - AI's Optical Supercycle Has Begun
Coherent Soars 112% in 6 Months: Buy, Sell or Hold the Stock?
COHR
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

COHR shares have surged 112% in six months, fueled by strong AI-driven demand, a solid balance sheet, and an upbeat revenue and EPS outlook.

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image for news Coherent Soars 112% in 6 Months: Buy, Sell or Hold the Stock?
Does Coherent's Product Portfolio Make It the Ultimate AI-Stock?
COHR
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Coherent's AI push is paying off. AI datacenter revenues rose 23% y/y, with rapid adoption of 800G and 1.6T transceivers driving demand.

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image for news Does Coherent's Product Portfolio Make It the Ultimate AI-Stock?
Richtech Robotics vs. Coherent: Which Tech Stock Offers Better Growth?
COHR, RR
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

COHR's surging AI-driven demand, sharp operating income growth and strong balance sheet set it apart in a faceoff with RR.

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image for news Richtech Robotics vs. Coherent: Which Tech Stock Offers Better Growth?
4 Business Services Stocks Set to Shine Strongly Into 2026
COHR, DAVE, GCT, RAMP
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Positive

As 2025 ends, demand for tech-driven business services is accelerating, making essential platforms stickier, more scalable and harder for customers to cut.

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image for news 4 Business Services Stocks Set to Shine Strongly Into 2026
The Best AI Stocks to Buy for 2026 (LITE, COHR, FN)
COHR, FN, LITE
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Artificial intelligence is entering a new phase of infrastructure expansion, and one of the most important technologies enabling that growth is photonics. As AI models scale, the limiting factor is no longer pure compute, but the movement of data itself.

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image for news The Best AI Stocks to Buy for 2026 (LITE, COHR, FN)
Is COHERENT CORP (COHR) Outperforming Other Business Services Stocks This Year?
COHR
Published: December 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how Coherent (COHR) and FirstCash Holdings (FCFS) have performed compared to their sector so far this year.

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image for news Is COHERENT CORP (COHR) Outperforming Other Business Services Stocks This Year?
Coherent Surges 61% in a Year: Should You Bet on the Stock Now?
COHR
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

COHR's sharp stock surge and rising demand across AI datacenter, InP and OCS products put a spotlight on its expanding 2026 growth runway.

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image for news Coherent Surges 61% in a Year: Should You Bet on the Stock Now?
Buy 3 Drone Technology Stocks to Enhance Your Portfolio Returns in 2026
AVAV, COHR, TRMB
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

AVAV, COHR and TRMB emerge as key drone-tech picks for 2026, backed by strong growth outlooks and rising demand across defense and industrial markets.

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image for news Buy 3 Drone Technology Stocks to Enhance Your Portfolio Returns in 2026
The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big
CIEN, COHR, LITE
Published: December 03, 2025 by: MarketBeat
Sentiment: Positive

Communication technology companies have been red hot lately, with several leading names within the communication equipment industry surging triple digits year-to-date (YTD). It's an industry that, before the second half of this year, had barely received any attention.

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image for news The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big
Is Coherent Prepared to Capture the Momentum in the EV Market?
COHR
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Positive

COHR eyes EV growth with SiC expansion and stronger finances, but rising competition tests its push to lead the rapidly scaling market.

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image for news Is Coherent Prepared to Capture the Momentum in the EV Market?
Are Business Services Stocks Lagging COHERENT CORP (COHR) This Year?
COHR
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how Coherent (COHR) and Healthcare Services (HCSG) have performed compared to their sector so far this year.

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image for news Are Business Services Stocks Lagging COHERENT CORP (COHR) This Year?
Invesco Small Cap Value Fund Q3 2025 Performance Review
COHR, DAVA, EPAM, GLOB, HBM, LITE, MOH, MP, PNFP, RMBS
Published: November 20, 2025 by: Seeking Alpha
Sentiment: Neutral

Stock selection in materials was the largest contributor to relative performance. The fund's holdings in mining exchange-traded funds and lack of real estate exposure also aided relative return. Stock selection in healthcare, energy, industrials and IT detracted from relative return.

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image for news Invesco Small Cap Value Fund Q3 2025 Performance Review
3 Data Center Stocks Are Soaring—Analysts Think 1 Could Go Higher
COHR, LITE, SNDK
Published: November 19, 2025 by: MarketBeat
Sentiment: Positive

Three data center stocks skyrocketed after releasing their latest financial results. However, Wall Street analysts appear concerned about two of these names, while being more optimistic about another.

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image for news 3 Data Center Stocks Are Soaring—Analysts Think 1 Could Go Higher

About Coherent, Inc. (COHR)

  • IPO Date 1987-10-02
  • Website https://www.coherent.com
  • Industry Hardware, Equipment & Parts
  • CEO James Robert Anderson
  • Employees 26157

Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications. It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California. As of July 1, 2022, Coherent, Inc. operates as a subsidiary of II-VI Incorporated.