Coherent Corp reaches 52-week high amid strong AI networking demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 05 Jan 26
Source: Coinmarketcap
Coherent Corp's stock rose by 3.06% today, reaching a 52-week high, supported by positive market trends in the tech sector.
This increase is attributed to Coherent's strong performance, with a reported 17% year-over-year revenue increase to $1.58 billion in Q1 of fiscal 2026, driven by a 23% rise in data center revenue amid the ongoing AI networking upgrade cycle. The broader market is also showing strength, with the Nasdaq-100 up 1.01% and the S&P 500 up 0.18%, indicating favorable conditions for tech stocks.
The implications of this growth suggest that Coherent is well-positioned to capitalize on the increasing demand for AI infrastructure, which is expected to continue driving revenue growth in the coming quarters.
Analyst Views on COHR
Wall Street analysts forecast COHR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for COHR is 175.92 USD with a low forecast of 113.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
8 Buy
5 Hold
0 Sell
Moderate Buy
Current: 221.140
Low
113.00
Averages
175.92
High
220.00
Current: 221.140
Low
113.00
Averages
175.92
High
220.00
About COHR
Coherent Corp., specializing in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics, and instrumentation markets. Its segments include Networking, Materials and Lasers. The Networking segment leverages its compound semiconductor technology platforms and knowledge of end-user applications for its key end markets to deliver differentiated components and subsystems. The Materials segment includes engineered materials and optoelectronic devices, such as those based on zinc selenide (ZnSe), zinc sulfide (ZnS), gallium arsenide (GaAs), indium phosphide (InP), gallium antimonide (GaSb), and silicon carbide (SiC). The Lasers segment's lasers and optics products serve industrial customers in semiconductor and display capital equipment, precision manufacturing, and aerospace & defense, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
