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Coherent Corp. (COHR)

Technology | Scientific & Technical Instruments | Saxonburg, United States | NYSE
307.39 USD -17.11 (-5.273%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 305.01 -2.38 (-2.380%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★★☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 2:48 a.m. EDT

Coherent Corp presents a compelling long-term growth story driven by the AI photonics sector, evidenced by a nine-year cumulative gain of nearly four hundred percent and twenty percent annual revenue growth. However, the stock faces immediate headwinds as it trades below its fifty-day moving average following a sharp correction from June highs. The valuation remains stretched on a trailing basis, though the forward multiple is more reasonable. Options activity reveals a distinct bullish bias among traders, who are placing heavy bets on a rebound toward the 400 level, while the company currently offers no income via dividends. This creates a high-risk, high-reward profile suitable for investors comfortable with volatility who believe the AI infrastructure demand will sustain earnings expansion.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.101976
MSTL0.173173
AutoETS0.202452
AutoARIMA0.202457

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 0.49
Ljung-Box p 0.056
Jarque-Bera p 0.721
Excess Kurtosis 0.54
Attribute Value
Sector Technology
Debt to Equity Ratio 31.093
Revenue per Share 39.478
Market Cap 60,137,574,400
Trailing P/E 145.68
Forward P/E 37.38
Beta 2.04
Profit Margins 7.10%
Previous Name II-VI Incorporated
Website https://www.coherent.com

As of July 11, 2026, 2:48 a.m. EDT: Speculators are positioning for upside with heavy call open interest at strikes ranging from 350 to 650, creating significant resistance walls. Implied volatility is elevated across all expirations, indicating expectations for large price swings. While put volume exists at lower strikes for protection, the call bias suggests a bullish outlook on a recovery toward the 400 to 500 range.


Info Dump

Attribute Value
52 Week Change 2.4331357
Address1 375 Saxonburg Boulevard
All Time High 440.0
All Time Low 0.101563
Ask 306.1
Ask Size 80
Audit Risk 5
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 5,146,570
Average Daily Volume3 Month 6,010,177
Average Volume 6,010,177
Average Volume10Days 5,146,570
Beta 2.037
Bid 305.6
Bid Size 80
Board Risk 4
Book Value 54.601
City Saxonburg
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 307.39
Current Ratio 3.05
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 322.84
Day Low 306.1
Debt To Equity 31.093
Display Name Coherent
Earnings Call Timestamp End 1,778,097,600
Earnings Call Timestamp Start 1,778,097,600
Earnings Quarterly Growth 11.183
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,778,097,600
Earnings Timestamp Start 1,778,097,600
Ebitda 1,313,731,968
Ebitda Margins 0.19899
Enterprise To Ebitda 46.796
Enterprise To Revenue 9.312
Enterprise Value 61,477,658,624
Eps Current Year 5.45203
Eps Forward 8.22406
Eps Trailing Twelve Months 2.11
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 368.3984
Fifty Day Average Change -61.008392
Fifty Day Average Change Percent -0.16560438
Fifty Two Week Change Percent 243.31357
Fifty Two Week High 440.0
Fifty Two Week High Change -132.60999
Fifty Two Week High Change Percent -0.30138633
Fifty Two Week Low 84.35
Fifty Two Week Low Change 223.04001
Fifty Two Week Low Change Percent 2.6442206
Fifty Two Week Range 84.35 - 440.0
Financial Currency USD
First Trade Date Milliseconds 560,179,800,000
Float Shares 194,897,848
Forward Eps 8.22406
Forward P E 37.37692
Free Cashflow -197,631,744
Full Exchange Name NYSE
Full Time Employees 30,216
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.36990002
Gross Profits 2,442,114,048
Has Pre Post Market Data 1
Held Percent Insiders 0.04508
Held Percent Institutions 0.8947
Implied Shares Outstanding 195,639,321
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 1,751,241,600
Last Split Date 1,309,132,800
Last Split Factor 2:1
Long Business Summary Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers transceivers, systems, subsystems, modules, components, optics, and semiconductor devices for datacenter and communications applications. The Materials segment provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products; and vertical-cavity surface-emitting laser, edge-emitting laser, pump lasers, high-power lasers for materials processing, and integrated circuit. The Laser segment offers excimer lasers, solid-state lasers, CO2 lasers, and laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems. It markets its products and services through 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 60,137,574,400
Market State PREPRE
Max Age 86,400
Message Board Id finmb_309779
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common 400,608,992
Next Fiscal Year End 1,782,777,600
Non Diluted Market Cap 63,484,959,664
Number Of Analyst Opinions 22
Open 314.0
Operating Cashflow 140,342,000
Operating Margins 0.13572
Overall Risk 9
Payout Ratio 0.0
Peg Ratio 0.92
Phone 724 352 4455
Post Market Change -2.380005
Post Market Change Percent -0.77426225
Post Market Price 305.01
Post Market Time 1,783,987,183
Prev Name II-VI Incorporated
Previous Close 324.5
Price Eps Current Year 56.380836
Price Hint 2
Price To Book 5.6297503
Price To Sales Trailing12 Months 9.108878
Profit Margins 0.07102
Quick Ratio 1.709
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.63636
Region US
Regular Market Change -17.11
Regular Market Change Percent -5.27272
Regular Market Day High 322.84
Regular Market Day Low 306.1
Regular Market Day Range 306.1 - 322.84
Regular Market Open 314.0
Regular Market Previous Close 324.5
Regular Market Price 307.39
Regular Market Time 1,783,972,802
Regular Market Volume 3,205,723
Return On Assets 0.03142
Return On Equity 0.04718
Revenue Growth 0.205
Revenue Per Share 39.478
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 9
Shares Outstanding 195,639,321
Shares Percent Shares Out 0.043899998
Shares Short 8,587,090
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 7,842,738
Short Name Coherent Corp.
Short Percent Of Float 0.0514
Short Ratio 1.37
Source Interval 15
State PA
Symbol COHR
Target High Price 465.0
Target Low Price 230.0
Target Mean Price 387.36176
Target Median Price 397.5
Total Cash 2,423,729,920
Total Cash Per Share 12.389
Total Debt 3,425,114,880
Total Revenue 6,602,083,840
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.11
Trailing P E 145.68248
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 242.18935
Two Hundred Day Average Change 65.20067
Two Hundred Day Average Change Percent 0.26921362
Type Disp Equity
Volume 3,205,723
Website https://www.coherent.com
Zip 16,056