Coherent Corp. (COHR)Technology | Scientific & Technical Instruments | Saxonburg, United States | NYSE
347.51 USD
+2.49
(0.722%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:07 a.m. EDT
Technical dominance vs fundamental overvaluation. Coherent is a clear momentum play riding the AI/SiC narrative, evidenced by the massive 108% rally over the last 200 days and strong call volume at resistance levels, but the $46 forward PE and 338 trailing PE suggest the near-term upside is priced in; investors are chasing short-term growth while ignoring deteriorating value metrics. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.065300 |
| AutoARIMA | 0.163857 |
| AutoETS | 0.163865 |
| MSTL | 0.173175 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 4.17 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.833 |
| Excess Kurtosis | 0.18 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 39.901 |
| Revenue per Share | 39.693 |
| Market Cap | 65,151,819,776 |
| Trailing P/E | 344.07 |
| Forward P/E | 45.77 |
| Beta | 1.91 |
| Profit Margins | 4.66% |
| Previous Name | II-VI Incorporated |
| Website | https://www.coherent.com |
As of April 19, 2026, 12:07 a.m. EDT: Options data reveals a decaying bullish stance for the near term. The April 17 $295 strike (14.5% OTM) shows significant volume/interest walls, but the current price of $345 has moved past expirations with bullish flow. Crucially, the February 20 (-8) and March 22 (-13) blocks from the near-term are gone, indicating the upcoming April 17 puts were exercised or expired worthless. Recent calls show high Open Interest (OI) retention at $350 and $370 expirations, signaling longs resetting positions at higher targets. Conversely, put volume is fading in short-dates, with the $295-$345 range showing lower relative volume compared to deep OTM calls, while higher strikes ($380-$410) have been entertained in OTM calls, suggesting a bias for continued upside over the following month.
| Attribute | Value |
|---|---|
| 52 Week Change | 5.3034644 |
| Address1 | 375 Saxonburg Boulevard |
| All Time High | 348.47 |
| All Time Low | 0.101563 |
| Ask | 359.0 |
| Ask Size | 100 |
| Audit Risk | 5 |
| Average Analyst Rating | 1.7 - Buy |
| Average Daily Volume10 Day | 5,587,240 |
| Average Daily Volume3 Month | 7,368,352 |
| Average Volume | 7,368,352 |
| Average Volume10Days | 5,587,240 |
| Beta | 1.905 |
| Bid | 355.0 |
| Bid Size | 200 |
| Board Risk | 5 |
| Book Value | 45.562 |
| City | Saxonburg |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 347.51 |
| Current Ratio | 2.252 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 348.47 |
| Day Low | 335.0 |
| Debt To Equity | 39.901 |
| Display Name | Coherent |
| Earnings Call Timestamp End | 1,770,240,600 |
| Earnings Call Timestamp Start | 1,770,240,600 |
| Earnings Growth | 0.73 |
| Earnings Quarterly Growth | 0.419 |
| Earnings Timestamp | 1,770,238,800 |
| Earnings Timestamp End | 1,778,097,600 |
| Earnings Timestamp Start | 1,778,097,600 |
| Ebitda | 1,208,201,984 |
| Ebitda Margins | 0.19195 |
| Enterprise To Ebitda | 56.428 |
| Enterprise To Revenue | 10.831 |
| Enterprise Value | 68,176,592,896 |
| Eps Current Year | 5.35439 |
| Eps Forward | 7.59329 |
| Eps Trailing Twelve Months | 1.01 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 260.2956 |
| Fifty Day Average Change | 87.21442 |
| Fifty Day Average Change Percent | 0.33505914 |
| Fifty Two Week Change Percent | 530.34644 |
| Fifty Two Week High | 348.47 |
| Fifty Two Week High Change | -0.95999146 |
| Fifty Two Week High Change Percent | -0.0027548755 |
| Fifty Two Week Low | 52.98 |
| Fifty Two Week Low Change | 294.53 |
| Fifty Two Week Low Change Percent | 5.5592675 |
| Fifty Two Week Range | 52.98 - 348.47 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 560,179,800,000 |
| Float Shares | 176,613,529 |
| Forward Eps | 7.59329 |
| Forward P E | 45.765408 |
| Free Cashflow | 130,363,752 |
| Full Exchange Name | NYSE |
| Full Time Employees | 30,216 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.36380002 |
| Gross Profits | 2,289,859,072 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00495 |
| Held Percent Institutions | 0.88587 |
| Implied Shares Outstanding | 187,481,852 |
| 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 | 1 |
| 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 | 65,151,819,776 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_309779 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | 192,224,992 |
| Next Fiscal Year End | 1,782,777,600 |
| Non Diluted Market Cap | 65,151,818,388 |
| Number Of Analyst Opinions | 20 |
| Open | 346.28 |
| Operating Cashflow | 397,096,000 |
| Operating Margins | 0.11783 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.92 |
| Phone | 724 352 4455 |
| Pre Market Change | 6.0549927 |
| Pre Market Change Percent | 1.7424691 |
| Pre Market Price | 353.55 |
| Pre Market Time | 1,776,776,383 |
| Prev Name | II-VI Incorporated |
| Previous Close | 345.02 |
| Price Eps Current Year | 64.901886 |
| Price Hint | 2 |
| Price To Book | 7.6271896 |
| Price To Sales Trailing12 Months | 10.350887 |
| Profit Margins | 0.04657 |
| Quick Ratio | 0.987 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.66667 |
| Region | US |
| Regular Market Change | 2.49002 |
| Regular Market Change Percent | 0.721703 |
| Regular Market Day High | 348.47 |
| Regular Market Day Low | 335.0 |
| Regular Market Day Range | 335.0 - 348.47 |
| Regular Market Open | 346.28 |
| Regular Market Previous Close | 345.02 |
| Regular Market Price | 347.51 |
| Regular Market Time | 1,776,715,202 |
| Regular Market Volume | 3,860,250 |
| Return On Assets | 0.028959999 |
| Return On Equity | 0.032360002 |
| Revenue Growth | 0.175 |
| Revenue Per Share | 39.693 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 187,481,852 |
| Shares Percent Shares Out | 0.0582 |
| Shares Short | 10,920,038 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 5,793,459 |
| Short Name | Coherent Corp. |
| Short Percent Of Float | 0.0688 |
| Short Ratio | 1.12 |
| Source Interval | 15 |
| State | PA |
| Symbol | COHR |
| Target High Price | 375.0 |
| Target Low Price | 170.0 |
| Target Mean Price | 291.75 |
| Target Median Price | 295.0 |
| Total Cash | 870,739,008 |
| Total Cash Per Share | 4.644 |
| Total Debt | 3,546,524,928 |
| Total Revenue | 6,294,322,176 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.01 |
| Trailing P E | 344.0693 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 167.9237 |
| Two Hundred Day Average Change | 179.5863 |
| Two Hundred Day Average Change Percent | 1.0694518 |
| Type Disp | Equity |
| Volume | 3,860,250 |
| Website | https://www.coherent.com |
| Zip | 16,056 |