
COHR is benefiting from the AI infrastructure boom as rising demand for optical networking strengthens its growth outlook despite valuation concerns.
Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a variety of scientific, commercial, and industrial research applications. The company is headquartered in Santa Clara, California.
| Revenue (TTM) | $6.60B |
| Gross Profit (TTM) | $2.44B |
| EBITDA | $1.31B |
| Operating Margin | 13.60% |
| Return on Equity | 4.72% |
| Return on Assets | 3.14% |
| Revenue/Share (TTM) | $39.48 |
| Book Value | $54.60 |
| Price-to-Book | 5.17 |
| Price-to-Sales (TTM) | 8.04 |
| EV/Revenue | 8.52 |
| EV/EBITDA | 45.88 |
| Quarterly Earnings Growth (YoY) | 73.00% |
| Quarterly Revenue Growth (YoY) | 20.50% |
| Shares Outstanding | $195.64M |
| Float | $194.90M |
| % Insiders | 4.51% |
| % Institutions | 91.00% |
Volatility is currently expanding

COHR is benefiting from the AI infrastructure boom as rising demand for optical networking strengthens its growth outlook despite valuation concerns.

Shares of Coherent (NYSE:COHR | COHR Price Prediction) are down 11% to $241.62 midday Tuesday, with Applied Optoelectronics (NASDAQ:AAOI) stock falling 10% to $87.89 and Lumentum (NASDAQ:LITE) stock off 9% to $644.56.

With AI capex dominating market sentiment, tech leaders are tempting the bulls. Speaking at the RAISE Summit, Lumentum CEO Michael Hurlston warned that the next AI infrastructure bottleneck is indium phosphide (InP), a niche semiconductor material.

COHR is transforming into an optical networking powerhouse, delivering strong growth, expanding production capacity, and securing long-term commitments over industry peers.

Coherent's AI infrastructure momentum, expanding profitability and stronger valuation make it the more compelling opportunity over Arm Holdings.

SAXONBURG, Pa., July 22, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, announced today that it will release its financial results for the quarter ended June 30, 2026, on Wednesday, August 12, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 4:30 p.m. ET to discuss the results.

Here is how Coherent (COHR) and Enpro (NPO) have performed compared to their sector so far this year.

AI data centers are approaching copper's physical limits, accelerating adoption of silicon photonics solutions. Coherent and Lumentum supply critical optical components powering next-generation AI infrastructure growth.

The Zacks Technology Services industry is growing rapidly, fueled by the swift adoption of remote work and other technological advancements, boosting revenues and cash flow since the pandemic. DAVE, VVX and COHR are expected to follow the growth momentum.

Coherent's post-earnings pullback has improved its risk-reward profile despite strong results, higher guidance and expanding AI infrastructure demand.
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