COHR Price Prediction Next Week
Analysis and Insights
Technical Analysis:
COHR's stock is currently showing signs of being oversold, with RSI levels below 30, indicating potential for a short-term rebound. The stock is trading near the lower Bollinger Band, suggesting it may be undervalued.
News Sentiment and Earnings Momentum:
Recent earnings reports show strong performance, with COHR beating Q2 estimates and demonstrating robust margin expansion. Analysts have raised their price targets, reflecting confidence in the company's growth prospects.
Fibonacci Levels:
The stock is trading near the lower support level, with a pivot point at 72.55. The resistance level at 81.36 is a key target for the next trading week.
Analyst Consensus:
Analysts have raised their price targets, with a consensus target of $115.06, indicating strong upside potential.
Conclusion:
Based on the oversold technical indicators and strong earnings momentum, COHR is expected to rise to $81 next week. The stock presents a buying opportunity due to its undervalued state and positive growth outlook.
Recommendation: Buy COHR with a target price of $81.
COHR Similar Chart Price Prediction
The price of COHR is predicted to go up 7.86%, based on the high correlation periods with ALAB. The similarity of these two price pattern on the periods is 95.94%.
COHR
ALAB
Up: 7.86%Similarity: 95.94%
COHR Revenue Forecast
COHR EPS Forecast
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COHR Analyst's Forecast
Simon Leopold
Raymond James
Buy
2025-02-06
Price Target
$109 → $110
Upside
+9.5%
Raymond James raised the firm's price target on Coherent to $110 from $109 and keeps an Outperform rating on the shares. Coherent's Q2 results were above expectations, and while noise has added to stock volatility, the growth outlook remains intact, the analyst tells investors in a research note.
Vivek Arya
B of A Securities
Strong Buy
2025-02-06
Price Target
$120 → $125
Upside
+24.43%
Tim Savageaux
Northland Capital Markets
Hold
2025-02-06
Price Target
$60 → $80
Downside
-20.37%
