COHR

Coherent Corp

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Advanced Chart

113.600

-1.84(-1.594%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

118.000

Open

115.060

VWAP

114.85

Vol

4.01M

Mkt Cap

17.66B

Low

113.520

Amount

460.12M

EV/EBITDA(TTM)

20.46

Total Shares

152.46M

23.60B

EV/OCF(TTM)

35.46

P/S(TTM)

3.20

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q1

FY2025Q4

1.60B

+11.78%

1.144

+20.38%

1.55B

+14.8%

1.029

+39.1%

1.51B

+15.09%

0.920

+50.79%

Estimates Revision

The market is revising Upward the revenue expectations for Coherent Corp. (COHR) for FY2025, with the revenue forecasts being adjusted by 0.33% over the past three months. During the same period, the stock price has changed by 46.07%.

Revenue Estimates for FY2025

Revise Upward

+0.33%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.34%

In Past 3 Month

Stock Price

Go Up

+46.07%

In Past 3 Month

17 Analyst Rating

-12.50% Downside

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 99.40 USD with a low forecast of 77.00 USD and a high forecast of 127.00 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.

14 Buy

3 Hold

0 Sell

Strong Buy

-12.50% Downside

Current: 113.600

Low

77.00

Averages

99.40

High

127.00

-12.50% Downside

Current: 113.600

Low

77.00

Averages

99.40

High

127.00

Morgan Stanley

Equal Weight

maintain

$92 -> $97

2025-08-04

Reason

Morgan Stanley

Price Target

$92 -> $97

2025-08-04

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Coherent (COHR) to $97 from $92 and keeps an Equal Weight rating on the shares. Given the meaningful positive revisions seen in cloud capex last week, enthusiasm for optical AI names has "re-reached highs from earlier this year," notes the analyst, who sees limited opportunity for multiple expansion in the near term, but does see opportunities for positive estimate revisions for both Lumentum (LITE) and Coherent into the companies' fiscal Q4 prints. Given that Lumentum already pre-announced in early June, the firm thinks that Coherent is better positioned into the print, the analyst added.

Morgan Stanley

Meta Marshall

Equal Weight

maintain

$85 -> $92

2025-08-04

Reason

Morgan Stanley

Meta Marshall

Price Target

$85 -> $92

2025-08-04

maintain

Equal Weight

Reason

Morgan Stanley analyst Meta Marshall raised the firm's price target on Lumentum (LITE) to $92 from $85 and keeps an Equal Weight rating on the shares. Given the meaningful positive revisions seen in cloud capex last week, enthusiasm for optical AI names has "re-reached highs from earlier this year," notes the analyst, who sees limited opportunity for multiple expansion in the near term, but does see opportunities for positive estimate revisions for both Lumentum and Coherent (COHR) into the companies' fiscal Q4 prints. Given that Lumentum already pre-announced in early June, the firm thinks that Coherent is better positioned into the print, the analyst added.

Susquehanna

Positive

maintain

$100 -> $120

2025-07-22

Reason

Susquehanna

Price Target

$100 -> $120

2025-07-22

maintain

Positive

Reason

Susquehanna raised the firm's price target on Coherent to $120 from $100 and keeps a Positive rating on the shares as part of a Q2 preview for the semiconductor group. The firm expects in-line to modest upside reports, driving by tariff-related demand pull-ins and continued artificial intelligence strength. However, the back half of the year is more uncertain, the analyst tells investors in a research note.

JPMorgan

Overweight

maintain

$100 -> $127

2025-07-17

Reason

JPMorgan

Price Target

$100 -> $127

2025-07-17

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Coherent to $127 from $100 and keeps an Overweight rating on the shares. The firm adjusted price targets in hardware and networking, saying it expects upside to second half of 2025 estimates from "robust" cloud spending. However, underlying end market drivers for other customer verticals "remain a watchpoint" as they exhibit more sensitivity to the macro environment, the analyst tells investors in a research note.

Wolfe Research

initiated

2025-07-07

Reason

Wolfe Research

Price Target

2025-07-07

initiated

Reason

Wolfe Research initiated coverage of Coherent with an Outperform rating.

Northland

Outperform

maintain

$85 -> $95

2025-06-30

Reason

Northland

Price Target

$85 -> $95

2025-06-30

maintain

Outperform

Reason

Northland raised the firm's price target on Coherent (COHR) to $95 from $85 and keeps an Outperform rating on the shares. The price target increase follows "extremely positive" comments from Ciena (CIEN) last week, noting a material increase in business activity since earnings just a few weeks ago, the analyst tells investors in a research note. The firm expects double digit growth for Coherent in fiscal 2026.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Coherent Corp (COHR.N) is 26.88, compared to its 5-year average forward P/E of 19.36. For a more detailed relative valuation and DCF analysis to assess Coherent Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

19.36

Current PE

26.88

Overvalued PE

25.15

Undervalued PE

13.58

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

10.55

Current EV/EBITDA

16.51

Overvalued EV/EBITDA

13.57

Undervalued EV/EBITDA

7.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

1.75

Current PS

2.86

Overvalued PS

2.33

Undervalued PS

1.18