Coherent Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Coherent stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COHR, but not buy additional shares or sell existing shares.
View analyst ratings for Coherent or view top-rated stocks.

3 analysts have issued 12-month price targets for Coherent's shares. Their COHR stock forecasts range from $270.00 to $273.00. On average, they predict Coherent's share price to reach $272.00 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
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Coherent's stock was trading at $266.54 at the beginning of the year. Since then, COHR stock has decreased by 0.1% and is now trading at $266.22.
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Coherent is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Coherent.

Coherent, Inc. (NASDAQ:COHR) posted its quarterly earnings results on Wednesday, May, 11th. The scientific and technical instruments company reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by $0.38. The scientific and technical instruments company had revenue of $370.20 million for the quarter, compared to analyst estimates of $388.40 million. Coherent had a net margin of 7.47% and a trailing twelve-month return on equity of 15.70%.
View Coherent's earnings history.

25 employees have rated Coherent CEO Andy Mattes on Glassdoor.com. Andy Mattes has an approval rating of 100% among Coherent's employees. This puts Andy Mattes in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Coherent include Cognex (CGNX), National Instruments (NATI), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), Vishay Precision Group (VPG) and Daktronics (DAKT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Coherent investors own include NVIDIA (NVDA), Alibaba Group (BABA), Lam Research (LRCX), Applied Materials (AMAT), Broadcom (AVGO), Micron Technology (MU), Universal Display (OLED), Adobe (ADBE), PayPal (PYPL) and Alphabet (GOOG).

Coherent trades on the NASDAQ under the ticker symbol "COHR."

Shares of COHR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COHR stock can currently be purchased for approximately $266.22.

Coherent (NASDAQ:COHR) has a market capitalization of $6.61 billion and generates $1.49 billion in revenue each year. The scientific and technical instruments company earns $-106,750,000.00 in net income (profit) each year or $4.63 on an earnings per share basis.

Coherent employs 5,085 workers across the globe.

Coherent was founded in 1966.

Coherent's mailing address is 5100 Patrick Henry Drive, Santa Clara CA, 95054. The official website for Coherent is www.coherent.com. The scientific and technical instruments company can be reached via phone at (408) 764-4000, via email at investor.relations@coherent.com, or via fax at 408-764-4800.