Coherent Corp. (COHR)Technology | Scientific & Technical Instruments | Saxonburg, United States | NYSE
289.98 USD
+1.96
(0.681%)
⇧
(Oct. 13, 2026, 4 p.m.
EDT)
After hours: 290.09 +0.11 (0.039%) ⇧ (Oct. 13, 2026, 4:24 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 1:50 a.m. EDT
Coherent Corp presents a compelling growth story with sales expanding at 33.7%, yet the balance sheet tells a different tale with negative cash flow and a valuation multiple of 76. While the forward multiple compresses to 22x, reflecting expectations for earnings acceleration, the current price remains aggressive relative to profitability. The multi-year path is robust, having gained over 330% over the past nine years with no recent annual declines, supporting a solid long-term hold. However, the near-term view is clouded by high volatility and conflicting signals; price prediction models lean slightly negative, and trader positioning shows heavy hedging at the 300 level. There is no dividend income to cushion the ride. Investors should view this as a high-beta growth play rather than a stable income vehicle, watching closely whether the company can turn its cash flow positive to justify the premium valuation. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.088227 |
| AutoETS | 0.101418 |
| AutoARIMA | 0.106011 |
| AutoTheta | 0.181525 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.287 |
| Excess Kurtosis | 1.10 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 31.612 |
| Revenue per Share | 40.155 |
| Market Cap | 57,106,100,224 |
| Trailing P/E | 70.38 |
| Forward P/E | 20.65 |
| Beta | 2.11 |
| Profit Margins | 11.31% |
| Previous Name | II-VI Incorporated |
| Website | https://www.coherent.com |
As of Oct. 10, 2026, 1:50 a.m. EDT: Speculators are positioning for a volatile range with a bullish bias. Call buyers have established significant option interest walls at strikes above 350, targeting upside moves toward 400 and beyond. Conversely, put buyers are heavily concentrated between 275 and 300, creating a defensive floor. The elevated implied volatility on deep out-of-the-money puts suggests fear of a sharp decline, while call volume indicates a belief in a recovery or continuation of the recent rally.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.6334462 |
| Address1 | 375 Saxonburg Boulevard |
| All Time High | 440.0 |
| All Time Low | 0.101563 |
| Ask | 287.96 |
| Ask Size | 200 |
| Audit Risk | 5 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 7,329,020 |
| Average Daily Volume3 Month | 6,569,760 |
| Average Volume | 6,569,760 |
| Average Volume10Days | 7,329,020 |
| Beta | 2.113 |
| Bid | 287.76 |
| Bid Size | 160 |
| Board Risk | 4 |
| Book Value | 55.7 |
| City | Saxonburg |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 289.98 |
| Current Ratio | 2.427 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 290.53 |
| Day Low | 273.93 |
| Debt To Equity | 31.612 |
| Display Name | Coherent |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,564,800 |
| Earnings Call Timestamp Start | 1,786,564,800 |
| Earnings Timestamp | 1,786,564,800 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 1,423,416,960 |
| Ebitda Margins | 0.19996999 |
| Enterprise To Ebitda | 40.958 |
| Enterprise To Revenue | 8.19 |
| Enterprise Value | 58,300,956,672 |
| Eps Current Year | 9.42042 |
| Eps Forward | 14.04555 |
| Eps Trailing Twelve Months | 4.12 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 304.5986 |
| Fifty Day Average Change | -14.618591 |
| Fifty Day Average Change Percent | -0.04799297 |
| Fifty Two Week Change Percent | 163.34462 |
| Fifty Two Week High | 440.0 |
| Fifty Two Week High Change | -150.01999 |
| Fifty Two Week High Change Percent | -0.3409545 |
| Fifty Two Week Low | 108.19 |
| Fifty Two Week Low Change | 181.79001 |
| Fifty Two Week Low Change Percent | 1.6802847 |
| Fifty Two Week Range | 108.19 - 440.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 560,179,800,000 |
| Float Shares | 195,082,208 |
| Forward Eps | 14.04555 |
| Forward P E | 20.645685 |
| Free Cashflow | -649,981,632 |
| Full Exchange Name | NYSE |
| Full Time Employees | 51,478 |
| Fullday Change | 2.0743103 |
| Fullday Change Percent | 0.72019666 |
| Fullday Price | 290.0943 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.37495998 |
| Gross Profits | 2,669,040,128 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.04422 |
| Held Percent Institutions | 0.87231004 |
| Implied Shares Outstanding | 196,931,166 |
| Industry | Scientific & Technical Instruments |
| Industry Disp | Scientific & Technical Instruments |
| Industry Key | scientific-technical-instruments |
| Ir Website | http://www.ii-vi.com/investors |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,782,777,600 |
| Last Split Date | 1,309,132,800 |
| Last Split Factor | 2:1 |
| Long Business Summary | Coherent Corp. develops, manufactures, and markets lasers, transceivers, other optical and optoelectronic devices, modules, and systems worldwide. Its products include critical components consisting of detectors, passive optics, thermal solutions, and PICS; silicon photonics and other advanced optical technologies; and coherent transmission components, transport products, optical amplifiers, passive optical components, optical line systems, and multi-rail platform. The company's Datacenter and Communications segment offers transceivers, co-packaged optics, and optical circuit switches, as well as other systems, such as subsystems, modules, and semiconductor devices for datacenter and communications applications; and VCSELS, EELS, pump lasers, and other components, optics, and ICs for datacenter and communication applications. Its Industrial segment offers excimer lasers, solid-state lasers, and CO2 lasers; laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems comprising high-power lasers for materials processing. This segment also provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products. It markets its products and services through a direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania. |
| Long Name | Coherent Corp. |
| Market | us_market |
| Market Cap | 57,106,100,224 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_309779 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-13 |
| Net Income To Common | 769,896,000 |
| Next Fiscal Year End | 1,814,313,600 |
| Non Diluted Market Cap | 60,784,370,835 |
| Number Of Analyst Opinions | 23 |
| Open | 277.9 |
| Operating Cashflow | 79,514,000 |
| Operating Margins | 0.118269995 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.92 |
| Phone | 724 352 4455 |
| Post Market Change | 0.11428833 |
| Post Market Change Percent | 0.039412487 |
| Post Market Price | 290.0943 |
| Post Market Time | 1,791,923,067 |
| Prev Name | II-VI Incorporated |
| Previous Close | 288.02 |
| Price Eps Current Year | 30.78207 |
| Price Hint | 2 |
| Price To Book | 5.2061043 |
| Price To Sales Trailing12 Months | 8.02257 |
| Profit Margins | 0.11309 |
| Quick Ratio | 1.168 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.58333 |
| Region | US |
| Regular Market Change | 1.96002 |
| Regular Market Change Percent | 0.680516 |
| Regular Market Day High | 290.53 |
| Regular Market Day Low | 273.93 |
| Regular Market Day Range | 273.93 - 290.53 |
| Regular Market Open | 277.9 |
| Regular Market Previous Close | 288.02 |
| Regular Market Price | 289.98 |
| Regular Market Time | 1,791,921,602 |
| Regular Market Volume | 6,022,927 |
| Return On Assets | 0.03393 |
| Return On Equity | 0.07981 |
| Revenue Growth | 0.337 |
| Revenue Per Share | 40.155 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 196,931,166 |
| Shares Percent Shares Out | 0.0561 |
| Shares Short | 11,041,145 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 10,764,076 |
| Short Name | Coherent Corp. |
| Short Percent Of Float | 0.0656 |
| Short Ratio | 1.76 |
| Source Interval | 15 |
| State | PA |
| Symbol | COHR |
| Target High Price | 500.0 |
| Target Low Price | 280.0 |
| Target Mean Price | 412.52014 |
| Target Median Price | 420.0 |
| Total Cash | 1,990,018,048 |
| Total Cash Per Share | 10.162 |
| Total Debt | 3,552,666,880 |
| Total Revenue | 7,118,180,864 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 4.12 |
| Trailing P E | 70.3835 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 293.1207 |
| Two Hundred Day Average Change | -3.140686 |
| Two Hundred Day Average Change Percent | -0.010714651 |
| Type Disp | Equity |
| Volume | 6,022,927 |
| Website | https://www.coherent.com |
| Zip | 16,056 |