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Coherent Corp. (COHR)

238.50 -1.09 (-0.45%)
As of 10:42:46 AM EDT. Market Open.
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9m ago
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Coherent remains central to a broader optical-components debate tied to artificial-intelligence data-center construction. Capacity expansion, potential U.S. import restrictions, and analyst optimism support the outlook, while cash-flow needs and execution remain key risks. COHR's current regular-session move is down 0.02%as of October 29, 2026.

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  • Previous Close 239.59
  • Open 243.68
  • Bid 239.39 x 8000
  • Ask 239.92 x 4000
  • Day's Range 229.85 - 246.90
  • 52 Week Range 123.75 - 440.00
  • Volume 3,126,964
  • Avg. Volume 7,069,412
  • Market Cap (intraday) 46.968B
  • Beta (5Y Monthly) 2.11
  • PE Ratio (TTM) 57.89
  • EPS (TTM) 4.12
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 394.40
  • Zacks Rating Neutral

Coherent Corp. develops, manufactures, and markets lasers, transceivers, other optical and optoelectronic devices, modules, and systems worldwide. Its products include critical components consisting of detectors, passive optics, thermal solutions, and PICS; silicon photonics and other advanced optical technologies; and coherent transmission components, transport products, optical amplifiers, passive optical components, optical line systems, and multi-rail platform. The company's Datacenter and Communications segment offers transceivers, co-packaged optics, and optical circuit switches, as well as other systems, such as subsystems, modules, and semiconductor devices for datacenter and communications applications; and VCSELS, EELS, pump lasers, and other components, optics, and ICs for datacenter and communication applications. Its Industrial segment offers excimer lasers, solid-state lasers, and CO2 lasers; laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems comprising high-power lasers for materials processing. This segment also provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products. It markets its products and services through a direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.

www.coherent.com

51,478

Full Time Employees

June 30

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

COHR
29.22%
S&P 500 (^GSPC)
12.71%

1-Year Return

COHR
72.75%
S&P 500 (^GSPC)
11.97%

3-Year Return

COHR
718.18%
S&P 500 (^GSPC)
87.39%

5-Year Return

COHR
294.15%
S&P 500 (^GSPC)
67.53%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.81B
Earnings 191.4M
Profit Margin 10.60%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
-5.0%
0.0%
5.0%
10.0%

Analyst Insights

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Analyst Price Targets

230.00
394.40 Average
238.50 Current
500.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/27/2026
Analyst Needham
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 420 -> 380

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    11.31%

  • Return on Assets (ttm)

    3.39%

  • Return on Equity (ttm)

    7.98%

  • Revenue (ttm)

    7.12B

  • Net Income Avi to Common (ttm)

    769.9M

  • Diluted EPS (ttm)

    4.12

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.99B

  • Total Debt/Equity (mrq)

    31.61%

  • Levered Free Cash Flow (ttm)

    -649.98M

Company Insights

Research Reports

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