COHR Should I Buy
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Coherent Corp (COHR) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst sentiment, and growth prospects in AI-driven infrastructure outweigh the short-term technical and market sentiment concerns.
The MACD is negatively expanding, indicating bearish momentum. RSI is neutral at 45.824, showing no clear signal. However, moving averages are bullish (SMA_5 > SMA_20 > SMA_200), and the stock is trading near its pivot level of 214.873, with support at 187.405 and resistance at 242.341.
Strong Q2 financial performance with revenue up 17.49% YoY, net income up 104% YoY, and EPS up 72.73% YoY.
Analysts have raised price targets significantly, with the highest at $300, citing demand strength and AI-driven growth opportunities.
Bullish moving averages and positive long-term growth outlook in AI capex.
Bain Capital's plan to sell $2.3 billion worth of shares could create short-term downward pressure on the stock.
Hedge funds are selling, with a 147.97% increase in selling activity last quarter.
MACD indicates bearish momentum, and post-market price change was slightly negative (-0.05%).
In 2026/Q2, Coherent reported revenue of $1.69B, up 17.49% YoY. Net income increased by 104% YoY to $145.1M, and EPS rose 72.73% YoY to 0.76. Gross margin improved to 36.95%, up 4.08% YoY, reflecting strong operational efficiency.
Analysts are bullish overall, with multiple firms raising price targets post-Q2 earnings. The highest price target is $300 (Rosenblatt), and the lowest is $170 (Northland). Analysts highlight strong demand visibility, portfolio-wide strength, and growth in AI-driven optical infrastructure as key drivers.
