Coherent (COHR) Stock Price, News & Analysis

Company Overview

Coherent, Inc. (NYSE: COHR) develops and manufactures photonic products and solutions used to generate, control, detect and transmit light. Its offerings include lasers, optical components, engineered materials, photonic modules and systems that support applications across communications, industrial manufacturing, electronics, semiconductor equipment, life sciences and scientific research.

The company supplies products for fiber-optic and data-center communications, laser-based materials processing, semiconductor fabrication, optical sensing and medical and diagnostic technologies. Its portfolio includes laser systems, optical transceivers, components, specialty fibers and other photonics technologies designed for integration into original equipment manufacturers’ systems and industrial applications.

Coherent traces its history to its founding in 1971. In 2022, II-VI Incorporated completed its acquisition of Coherent, and the combined company adopted the Coherent name. The company serves customers internationally through operations and sales channels spanning North America, Europe and Asia. Jim Anderson serves as Coherent’s president and chief executive officer.

Key Stats

• Today's Range: $286.42 to $323.23
• 50-Day Range: $221.66 to $377.97
• 52-Week Range: $108.19 to $440.00
• Volume: 8.22 million shs
• Average Volume: 6.50 million shs
• Market Capitalization: $62.63 billion
• P/E Ratio: 77.91
• Dividend Yield: N/A
• Price Target: $395.25
• Consensus Rating: Moderate Buy

Coherent Stock Analysis - MarketRank™

Coherent scored higher than 98% of companies evaluated by MarketBeat, and ranked 19th out of 595 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Coherent has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 1 strong buy rating, 16 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Coherent has a consensus price target of $395.25, representing about 27.1% upside from its current price of $311.06.

Amount of Analyst Coverage

Coherent has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 49.88%

Earnings Growth

Earnings for Coherent are expected to grow by 49.88% in the coming year, from $8.60 to $12.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Coherent is 74.99, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coherent is 74.99, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 79.68.

Price to Earnings Growth Ratio

Coherent has a PEG Ratio of 0.65. 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 5.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.22% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coherent has recently decreased by 5.44%, indicating that investor sentiment is improving 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: 3.4 / 5
• News Sentiment: 0.41

News Sentiment

Coherent has a news sentiment score of 0.41. 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 lower news sentiment than the 0.66 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Coherent this week, compared to 8 articles on an average week.

Search Interest

153 people have searched for COHR on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.

MarketBeat Follows

65 people have added Coherent to their MarketBeat watchlist in the last 30 days. This is an increase of 27% 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 $8,030,017.00 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: 8/12/2026
• Today: 10/01/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Electronic Equipment, Instruments & Components
• Sub-Industry: Electronic Components
• Current Symbol: NYSE:COHR
• CIK: 820318
• Web: www.coherent.com
• Phone: (724) 352-4455
• Fax: 408-764-4800
• Employees: 51,000
• Year Founded: 1971

Price Target and Rating

• Average Price Target for Coherent: $395.25
• High Price Target: $500.00
• Low Price Target: $230.00
• Potential Upside/Downside: +24.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.11
• Trailing P/E Ratio: 77.41
• Forward P/E Ratio: 36.99
• P/E Growth: 0.65
• Net Income: $805 million
• Net Margins: 11.31%
• Pretax Margin: 11.91%
• Return on Equity: 9.89%
• Return on Assets: 5.64%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 2.43
• Quick Ratio: 1.52

Sales & Book Value

• Annual Sales: $7.12 billion
• Price / Sales: 8.75
• Cash Flow: $8.25 per share
• Price / Cash Flow: 38.55
• Book Value: $57.44 per share
• Price / Book: 5.54

Miscellaneous

• Outstanding Shares: 195,830,000
• Free Float: 194,951,000
• Market Cap: $62.30 billion
• Optionable: Optionable
• Beta: 2.10