Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Coherent Inc Market Cap
The Coherent Inc (COHR) share price is expected to decrease by 9.75% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered COHR. Price targets range from $50 at the low end to $95 at the high end. The current analyst consensus for COHR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedCOHR 9 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Coherent Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COHR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of COHR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Meta Marshall Morgan Stanley | Equal-Weight | $72 | Maintains | Aug 16, 2024 |
| James Ricchiuti Needham | Buy | $84 | Maintains | Aug 16, 2024 |
| Vivek Arya B of A Securities | Buy | $90 | Maintains | Aug 16, 2024 |
| Tim Savageaux Northland Capital Markets | Market Perform | $50 | Maintains | Aug 16, 2024 |
| Mark Miller Benchmark | Buy | $90 | Maintains | Aug 16, 2024 |
| Ruben Roy Stifel | Buy | $85 | Maintains | Aug 16, 2024 |
| Richard Shannon Craig-Hallum | Buy | $85 | Maintains | Aug 16, 2024 |
| Dave Kang B. Riley Securities | Buy | $86 | Maintains | Aug 16, 2024 |
| Mike Genovese Rosenblatt | Buy | $84 | Maintains | Aug 16, 2024 |
| Tom O'Malley Barclays | Overweight | $85 | Maintains | Aug 14, 2024 |
| Ruben Roy Stifel | Buy | $75 | Maintains | Aug 13, 2024 |
| Vivek Arya B of A Securities | Buy | $75 | Upgrade | Aug 12, 2024 |
| Samik Chatterjee JP Morgan | Overweight | $85 | Maintains | Aug 12, 2024 |
| Mehdi Hosseini Susquehanna | Neutral | $90 | Maintains | Jul 17, 2024 |
| James Ricchiuti Needham | Buy | $72 | Reiterates | Jun 3, 2024 |
| Ruben Roy Stifel | Buy | $68 | Maintains | May 15, 2024 |
| Mark Miller Benchmark | Buy | $65 | Reiterates | May 7, 2024 |
| James Ricchiuti Needham | Buy | $72 | Reiterates | May 7, 2024 |
| Mehdi Hosseini Susquehanna | Neutral | $55 | Maintains | Apr 8, 2024 |
| James Ricchiuti Needham | Buy | $72 | Maintains | Apr 1, 2024 |
When did it IPO
1990
Staff Count
26,157
Country
United States
Sector/Industry
Technology/Scientific & Technical Instruments
CEO
Mr. James Robert Anderson
Market Cap
$13.61B
In 2023, COHR generated $5.16B in revenue, which was a increase of 55.58% from the previous year. This can be seen as a signal that COHR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 26 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coherent Corp. has launched 200 mm silicon carbide epitaxial wafers, with shipments of 350 and 500 micron thicknesses now in progress.
Why It Matters - Coherent Corp.'s launch of 200 mm silicon carbide epi-wafers signals innovation and growth in the semiconductor sector, potentially boosting revenues and market competitiveness.
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coherent Corp. (NYSE: COHR) has sold its manufacturing facility in Newton Aycliffe, UK, as part of its strategy to streamline operations and optimize its global presence.
Why It Matters - Coherent Corp.'s sale of its UK manufacturing facility signals a strategic shift to enhance efficiency, potentially improving profitability and impacting stock performance positively.
Mon, 23 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coherent Corp. (NYSE: COHR) showcased two advanced 200 Gbps transceiver modules at the ECOC 2024 in Frankfurt, highlighting its leadership in optical communications.
Why It Matters - Coherent Corp.'s demonstration of advanced transceiver modules signals technological leadership, potentially enhancing market position and driving future revenue growth, influencing stock performance.
Mon, 23 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coherent Corp. (NYSE: COHR) will showcase its new optical communications products at the ECOC 2024 exhibition in Frankfurt from September 23-25, featuring presentations by company experts.
Why It Matters - Coherent Corp.'s showcase at ECOC 2024 highlights its innovation in optical communications, potentially enhancing its market position and attracting investor interest in future growth.
Mon, 23 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coherent Corp. (NYSE: COHR) will participate in panels and workshops at the ECOC 2024 in Frankfurt, Germany, from September 22-24.
Why It Matters - Coherent Corp.'s participation in ECOC 2024 showcases its leadership in optics, potentially boosting investor confidence in its growth and innovation in a key industry sector.
Tue, 24 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coherent Corp. (NYSE: COHR) won the 2024 ECOC Exhibition Industry Award for Best Product in Data Center Innovation for its DLXTM Optical Circuit Switch.
Why It Matters - Coherent Corp.'s award for its innovative product boosts its market credibility, potentially increasing demand and driving stock performance in the data center sector.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
