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: $315.19 to $330.15
• 50-Day Range: $304.31 to $427.36
• 52-Week Range: $84.35 to $440.00
• Volume: 1.30 million shs
• Average Volume: 6.54 million shs
• Market Capitalization: $62.92 billion
• P/E Ratio: 153.42
• Dividend Yield: N/A
• Price Target: $383.41
• Consensus Rating: Moderate Buy

Coherent Stock Analysis - MarketRank™

Coherent scored higher than 91% of companies evaluated by MarketBeat, and ranked 31st out of 290 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: 3.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Coherent has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 2 strong buy ratings, 15 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

Coherent has a consensus price target of $383.41, representing about 17.2% upside from its current price of $327.13.

Amount of Analyst Coverage

Coherent has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 61.41%

Earnings Growth

Earnings for Coherent are expected to grow by 61.41% in the coming year, from $4.69 to $7.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Coherent is 156.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coherent is 156.52, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.90.

Price to Earnings Growth Ratio

Coherent has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Coherent has a P/B Ratio of 8.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.59% 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 1.42, 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 14.05%, 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.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.75

News Sentiment

Coherent has a news sentiment score of 0.75. 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 is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Coherent this week, compared to 8 articles on an average week.

Search Interest

Only 113 people have searched for COHR on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.

MarketBeat Follows

96 people have added Coherent to their MarketBeat watchlist in the last 30 days. This is an increase of 68% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 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 $2,156,920.00 in company stock.

Percentage Held by Insiders

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.

Company Calendar

• Last Earnings: 5/06/2026
• Today: 7/10/2026
• Fiscal Year End: 6/30/2027

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: $383.41
• High Price Target: $461.96
• Low Price Target: $230.00
• Potential Upside/Downside: +20.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.09
• Trailing P/E Ratio: 152.92
• Forward P/E Ratio: 68.00
• P/E Growth: 0.9
• Net Income: $49.36 million
• Net Margins: 7.10%
• Pretax Margin: 7.66%
• Return on Equity: 9.67%
• Return on Assets: 5.01%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 3.05
• Quick Ratio: 2.04

Sales & Book Value

• Annual Sales: $5.81 billion
• Price / Sales: 10.74
• Cash Flow: $7.31 per share
• Price / Cash Flow: 43.62
• Book Value: $38.59 per share
• Price / Book: 8.26

Miscellaneous

• Outstanding Shares: 195,640,000
• Free Float: 194,759,000
• Market Cap: $62.39 billion
• Optionable: Optionable
• Beta: 2.03