Coherent (COHR) Stock Price, News & Analysis

-0.20 (-0.34%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
1.58 million shs
Average Volume
2.26 million shs
Market Capitalization
$8.86 billion
P/E Ratio
Dividend Yield
Price Target

Coherent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
3.0% Downside
$56.36 Price Target
Short Interest
2.58% of Float Sold Short
Dividend Strength
News Sentiment
0.10mentions of Coherent in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$2.32 M Sold Last Quarter
Proj. Earnings Growth
From $0.98 to $2.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.55 out of 5 stars

Business Services Sector

239th out of 305 stocks

Optical Instruments & Lenses Industry

5th out of 5 stocks

COHR stock logo

About Coherent Stock (NYSE:COHR)

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. It serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, electronics, and instrumentation applications. 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.

COHR Stock Price History

COHR Stock News Headlines

Coherent Sends Mixed Signals In Q3
Coherent Corp. (COHR)
Coherent gets $15M CHIPS Act funding
See More Headlines
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Company Calendar

Last Earnings
Fiscal Year End
Next Earnings (Estimated)

Industry, Sector and Symbol

Optical instruments & lenses
Electronic Equipment & Instruments
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
13 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$5.16 billion
Cash Flow
$8.23 per share
Book Value
$37.42 per share


Free Float
Market Cap
$8.86 billion

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Key Executives

COHR Stock Analysis - Frequently Asked Questions

Should I buy or sell Coherent stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last twelve months. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COHR shares.
View COHR analyst ratings
or view top-rated stocks.

What is Coherent's stock price target for 2024?

13 equities research analysts have issued twelve-month target prices for Coherent's stock. Their COHR share price targets range from $35.00 to $76.00. On average, they expect the company's stock price to reach $56.36 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for COHR
or view top-rated stocks among Wall Street analysts.

How have COHR shares performed in 2024?

Coherent's stock was trading at $43.53 at the beginning of 2024. Since then, COHR stock has increased by 33.5% and is now trading at $58.13.
View the best growth stocks for 2024 here

Are investors shorting Coherent?

Coherent saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,780,000 shares, a decline of 8.0% from the April 15th total of 4,110,000 shares. Based on an average daily volume of 2,190,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 2.6% of the shares of the company are sold short.
View Coherent's Short Interest

When is Coherent's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024.
View our COHR earnings forecast

How were Coherent's earnings last quarter?

Coherent Corp. (NYSE:COHR) issued its quarterly earnings data on Tuesday, November, 9th. The scientific and technical instruments company reported $1.77 EPS for the quarter, missing analysts' consensus estimates of $2.02 by $0.25. The scientific and technical instruments company earned $391.67 million during the quarter, compared to analyst estimates of $413.20 million. Coherent had a positive trailing twelve-month return on equity of 4.80% and a negative net margin of 6.22%.

What guidance has Coherent issued on next quarter's earnings?

Coherent updated its fourth quarter earnings guidance on Monday, May, 6th. The company provided EPS guidance of $0.52-0.68 for the period, compared to the consensus earnings per share estimate of $0.56. The company issued revenue guidance of $1.23-1.32 billion, compared to the consensus revenue estimate of $1.27 billion.

Who are Coherent's major shareholders?

Coherent's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.12%), Whale Rock Capital Management LLC (1.34%), Artemis Investment Management LLP (1.06%), Fort Pitt Capital Group LLC (1.01%), Westfield Capital Management Co. LP (0.74%) and Pinnacle Associates Ltd. (0.54%). Insiders that own company stock include Christopher Koeppen, David L Motley, Francis J Kramer, Howard H Xia, Joseph J Corasanti, Julie Sheridan Eng, Mary Jane Raymond, Richard J Martucci, Vincent D Mattera Jr, Vincent D Mattera Jr and Walter Robert Bashaw II.
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.
Compare Top Brokerages Here.

Does Coherent have any subsidiaries?
The following companies are subsidiares of Coherent: Beam Dynamics, CBL Verwaltungsgesellschaft mbH, COHR International Investment C.V., COHR Malaysia SDN. BHD., Coherent (Beijing) Commercial Company Ltd., Coherent (Deutschland) GmbH, Coherent (Thailand) Co. Ltd., Coherent (UK) Holdings Ltd., Coherent (UK) Limited, Coherent Asia Inc., Coherent Canada Inc., Coherent Dutch Merger Sub B.V., Coherent Europe B.V., Coherent France SAS, Coherent Germany GmbH, Coherent GmbH, Coherent Holding BV & Co. KG, Coherent International LLC, Coherent Israel Ltd., Coherent Italia S.r.l., Coherent Japan KK, Coherent Kaiserslautern GmbH, Coherent Korea Ltd., Coherent LaserSystems GmbH & Co. KG, Coherent Munich GmbH & Co. KG, Coherent NA Inc., Coherent Nanjing Laser Co. Ltd., Coherent Real Estate 1 GmbH & Co. KG, Coherent Real Estate 2 GmbH & Co. KG, Coherent Real Estate GmbH, Coherent Rofin B.V., Coherent Scotland Limited, Coherent Services Vietnam Limited Liability Company, Coherent Shared Services B.V., Coherent Singapore Pte. Ltd., Coherent Switzerland AG, Coherent TIOS Inc., Corelase Oy, Crystal Associates, DILAS Diode Laser Inc., DILAS Diodenlaser GmbH, DeMaria ElectroOptics Systems, E.S. Technology Limited, Hypertronics, Innolight Innovative Laser and Systemtechnik, LUMERA LASER, Lambda Physik, Lasertec, MiDaz Lasers, MiDaz Lasers Limited, Microlase Optical Systems, Molectron Detector, Nanjing Eastern Laser Co. Ltd., Nanjing Eastern Technologies Co. Ltd., Nufern, Nufern International Inc., Nufern US Inc., Nufibre Pty Ltd., Nuvonyx, O.R. Lasertechnologie GmbH, Ondax Inc., Optoskand AB, PMB Elektronik GmbH, Picometrix, Positive Light, Rasant-Alcotec Beschichtungstechnik GmbH, Raydiance, Rofin - Sinar, Rofin-Baasel China Company Ltd., Rofin-Baasel Espana S.L., Rofin-Baasel Inc., Rofin-Baasel Korea Co. Ltd., Rofin-Baasel Singapore Pte Ltd., Rofin-Baasel Taiwan Ltd., Rofin-Baasel UK LIMITED, Rofin-Sinar Laser GmbH, Rofin-Sinar Technologies Europe S.L., Rofin-Sinar Technologies LLC, StockerYale, Tinsley Laboratories, TuiLaser, and iolon inc..
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This page (NYSE:COHR) was last updated on 5/19/2024 by MarketBeat.com Staff

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