Coherent (COHR) Stock Price, News & Analysis

Company Overview

Founded in 1966 and headquartered in Santa Clara, California, Coherent Inc. is a leading manufacturer of lasers and photonics-based solutions. The company serves a broad range of industries, including microelectronics, materials processing, scientific research, and life sciences. Over more than five decades, Coherent has developed a reputation for precision, reliability, and innovation in optical technologies, supporting both industrial and research applications worldwide.

Coherent’s portfolio encompasses a wide array of laser types and related equipment, including gas lasers (such as CO₂), solid-state lasers, fiber lasers, ultrafast lasers, and diode lasers. The company also offers components and subsystems, such as optics, laser delivery systems, precision motion control, and beam-shaping solutions. These products enable advanced microfabrication processes, high-volume semiconductor manufacturing, surgical and medical procedures, microscopy, and spectroscopy, among other applications.

With a global footprint that spans manufacturing facilities, research centers, and sales offices across the Americas, Europe, and Asia, Coherent supports customers on five continents. The company collaborates with leading academic institutions, research laboratories, and original-equipment manufacturers, tailoring its technologies to meet specific performance and integration requirements. Coherent’s international presence and service network ensure that clients receive local support and rapid response for system installation, maintenance, and upgrades.

Key Stats

• Today's Range: $113.97 to $117.45
• 50-Day Range: $86.50 to $116.69
• 52-Week Range: $45.58 to $123.25
• Volume: 2.38 million shs
• Average Volume: 3.49 million shs
• Market Capitalization: $18.31 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $110.07
• Consensus Rating: Moderate Buy

Coherent Stock Analysis - MarketRank™

Coherent scored higher than 47% of companies evaluated by MarketBeat, and ranked 181st out of 320 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Coherent has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 13 buy ratings, 4 hold ratings, and 1 sell rating.

Downside Risk

Coherent has a consensus price target of $110.07, representing about 5.7% downside from its current price of $116.69.

Amount of Analyst Coverage

Coherent has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 34.09%

Earnings Growth

Earnings for Coherent are expected to grow by 34.09% in the coming year, from $2.64 to $3.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Coherent is -216.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coherent is -216.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Coherent has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Coherent has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.11% of the float of Coherent has been sold short.

Short Interest Ratio / Days to Cover

Coherent has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coherent has recently increased by 9.86%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Coherent does not currently pay a dividend.

Dividend Growth

Coherent does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.11% of the float of Coherent has been sold short.

Short Interest Ratio / Days to Cover

Coherent has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coherent has recently increased by 9.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.65

News Sentiment

Coherent has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Coherent this week, compared to 8 articles on an average week.

Search Interest

75 people have searched for COHR on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.

MarketBeat Follows

18 people have added Coherent to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Coherent insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,294,042.00 in company stock.

Percentage Held by Insiders

Only 0.45% of the stock of Coherent is held by insiders.

Percentage Held by Institutions

83.33% of the stock of Coherent is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

COHR Stock Analysis - Frequently Asked Questions

How have COHR shares performed this year?

Coherent's stock was trading at $94.73 on January 1st, 2025. Since then, COHR shares have increased by 23.2% and is now trading at $116.69.

How were Coherent's earnings last quarter?

Coherent Corp. (NYSE:COHR) issued its quarterly earnings results on Wednesday, February, 5th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.24. Coherent had a trailing twelve-month return on equity of 9.74% and a net margin of 0.85%.
Read the conference call transcript.

Does Coherent have any subsidiaries?

Coherent subsidiaries include Rofin - Sinar, Raydiance, Tinsley Laboratories, LUMERA LASER, Innolight Innovative Laser and Systemtechnik, MiDaz Lasers, Hypertronics, and more.

Who are Coherent's major shareholders?

Top institutional shareholders of Coherent include TT International Asset Management LTD (0.01%), Veracity Capital LLC, Oak Thistle LLC and Sheets Smith Investment Management. Insiders that own company stock include Vincent D Mattera Jr, Vincent D Mattera Jr, Francis J Kramer, Mary Jane Raymond, James Robert Anderson, Joseph J Corasanti, Walter Robert Bashaw II, Christopher Koeppen, Julie Sheridan Eng, Howard H Xia, Ronald Basso, Shaker Sadasivam, Richard J Martucci, David L Motley, Lisa Neal-Graves and Elizabeth Patrick.
View institutional ownership trends.

How do I buy shares of Coherent?

Shares of COHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Coherent own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Coherent investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), NVIDIA (NVDA), Voya Infrastructure, Industrials and Materials Fund (IDE), Meta Platforms (META), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 2/05/2025
• Today: 10/08/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Electronic Equipment & Instruments
• Current Symbol: NYSE:COHR
• CIK: 820318
• Web: www.coherent.com
• Phone: (724) 352-4455
• Fax: 408-764-4800
• Employees: 30,216
• Year Founded: 1971

Price Target and Rating

• Average Price Target for Coherent: $110.07
• High Price Target: $135.00
• Low Price Target: $85.00
• Potential Upside/Downside: -5.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 44.20
• P/E Growth: 1.21
• Net Income: $49.36 million
• Net Margins: 0.85%
• Pretax Margin: 1.62%
• Return on Equity: 9.74%
• Return on Assets: 3.86%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 2.19
• Quick Ratio: 1.39

Sales & Book Value

• Annual Sales: $5.81 billion
• Price / Sales: 3.15
• Cash Flow: $7.47 per share
• Price / Cash Flow: 15.62
• Book Value: $38.59 per share
• Price / Book: 3.02

Miscellaneous

• Outstanding Shares: 156,920,000
• Free Float: 156,212,000
• Market Cap: $18.31 billion
• Optionable: Optionable
• Beta: 2.03