Coherent Corp Reports Strong Quarterly Results Amid Analyst Upgrades
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy COHR?
Source: Benzinga
- Revenue Growth: Coherent Corp reported quarterly revenue of $1.69 billion, an 18% year-over-year increase and a 7% sequential rise, surpassing the market expectation of $1.64 billion, indicating strong market performance.
- Profitability Improvement: The non-GAAP earnings per share came in at $1.29, exceeding the consensus estimate of $1.21, demonstrating significant progress in cost control and operational efficiency.
- Analyst Rating Upgrades: Analyst Mike Genovese from Rosenblatt Securities raised the price target from $220 to $300, while Needham maintained a Buy rating with a $235 target, reflecting market confidence in the company's future growth.
- Capacity Expansion Plan: The company plans to increase its internal indium phosphide (InP) capacity by 100% by 2026, which will help enhance revenue and margins over the next several quarters to meet the rapid growth demands in AI and cloud computing.
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Analyst Views on COHR
Wall Street analysts forecast COHR stock price to fall
13 Analyst Rating
9 Buy
4 Hold
0 Sell
Moderate Buy
Current: 247.800
Low
170.00
Averages
238.18
High
300.00
Current: 247.800
Low
170.00
Averages
238.18
High
300.00
About COHR
Coherent Corp. is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation and electronics markets. Its segments include datacenter & communications, and industrial. Its datacenter & communications segment offers optical transceivers, optical circuit switches, interconnect cables, optical instruments, optoelectronic devices, communication components, and wavelength management products. Its industrial segment offers lasers, machines & systems, components & accessories, optics, laser measurement instruments, ceramics & metal matrix, ion implantation, engineered materials, and wide-bandgap electronics. Its subsidiaries include Finisar Australia Pty Limited, Nufibre PTY LTD, Finisar Brasil Suporte De Vendas LTDA, Coherent Aerospace & Defense, Inc., and Coherent Asia, Inc.
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.
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