CoherentCOHR
COHR
About: Coherent Corp engaged in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics and instrumentation markets. The firm operates in three segments Networking, Materials, and Lasers Segment. It generates maximum revenue from Networking segment. The company geographically operates in North America. Europe, China, Japan and Rest of the world.
Employees: 26,157
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
62% more call options, than puts
Call options by funds: $513M | Put options by funds: $316M
60% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 63
32% more funds holding in top 10
Funds holding in top 10: 22 [Q2] → 29 (+7) [Q3]
24% more capital invested
Capital invested by funds: $10.1B [Q2] → $12.5B (+$2.45B) [Q3]
7% more funds holding
Funds holding: 496 [Q2] → 530 (+34) [Q3]
0.75% more ownership
Funds ownership: 91.6% [Q2] → 92.35% (+0.75%) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 179
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$105
7%
upside
Avg. target
$119
21%
upside
High target
$135
37%
upside
10 analyst ratings
8 positive
80%
2 neutral
20%
0 negative
0%
Barclays Tom O'Malley 40% 1-year accuracy 18 / 45 met price target | 27%upside $125 | Overweight Maintained | 17 Jan 2025 |
Morgan Stanley Meta Marshall 80% 1-year accuracy 20 / 25 met price target | 22%upside $120 | Equal-Weight Maintained | 17 Dec 2024 |
Jefferies George Notter 86% 1-year accuracy 6 / 7 met price target | 37%upside $135 | Buy Initiated | 4 Dec 2024 |
Needham James Ricchiuti 60% 1-year accuracy 69 / 115 met price target | 22%upside $120 | Buy Reiterated | 7 Nov 2024 |
Stifel Ruben Roy 74% 1-year accuracy 23 / 31 met price target | 22%upside $120 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 4 articles about COHR published over the past 30 days
Neutral
GlobeNewsWire
3 days ago
Coherent Announces Availability of Ultrabroadband Diffraction Gratings for Life Sciences Applications
Image 1: Ultrabroadband diffraction gratings PITTSBURGH, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonics solutions, today announced the launch of its Ultrabroadband UV-VIS and VIS-NIR Diffraction Gratings. These cutting-edge optics set a new standard in optical system performance, offering unmatched design flexibility, precision and efficiency for various applications in the life science and medical markets.
Positive
The Motley Fool
1 week ago
Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
Decades away from his star-making turn at George Soros' Quantum Group of Funds, high-profile investor Stanley Druckenmiller stays well active in the stock-picking game with his Duquesne Family Office investment vehicle.
Neutral
GlobeNewsWire
2 weeks ago
Coherent Issues Its Environmental, Social, and Governance (ESG) Report for 2024
PITTSBURGH, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today published its Environmental, Social, and Governance (ESG) Report for FY2024. The report is available on the Coherent website at this link.
Positive
Zacks Investment Research
3 weeks ago
Why Investors Need to Take Advantage of These 2 Business Services Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Positive
The Motley Fool
1 month ago
Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
Billionaire Stanley Druckenmiller might not be a household name like Warren Buffett, but he's one of the best investors of all time.
Neutral
GlobeNewsWire
1 month ago
Next Generation ARM FL: a Compact Powerhouse for Industrial Laser Applications
PITTSBURGH, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of its latest generation adjustable ring mode fiber laser ARM FL. This next generation platform, featuring a new advanced controller, offers all the functions of its predecessor while reducing the volume and footprint by 50%.
Positive
Seeking Alpha
1 month ago
Coherent Corp.: A Rising Star In The Data Center Segment
Coherent disposes of a complete portfolio of data center transceivers, lasers, and other elements for silicon photonics. Along with its peers, its revenue growth is accelerating, pushed by positive AI CAPEX spending from its clients. It owns an option in Silicon Carbide when the market rebounds.
Neutral
GlobeNewsWire
1 month ago
Coherent Evaluates Strategic Alternatives for its Advanced Lithium-Ion Battery Recycling Technology
PITTSBURGH, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that as a result of an ongoing strategic portfolio assessment, the company will evaluate strategic alternatives for its Streamlined Hydrometallurgical Advanced Recycling Process (SHARP™) technology to efficiently recover and recycle critical metals from lithium-ion batteries (LiBs).
Positive
Seeking Alpha
1 month ago
No Spilled Milk To Cry Over: Initiating Coherent With A Buy
I think Coherent's diversified revenue streams and strategic investments in AI-driven data center optical transceivers position it for long-term growth. I'm initiating with a buy. My buy is cautious but only because the stock ran up over 130% year-to-date, and hence, a lot of the positives got factored in already. In my opinion, Coherent has more working for it than against it in terms of margin expansion targets and position in the communications market.
Neutral
GlobeNewsWire
1 month ago
Coherent Unveils Discovery LX Laser, Expanding the Chameleon Discovery Family
Image 1: Chameleon Discovery LX PITTSBURGH, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser and photonics solutions, announces the launch of the Chameleon Discovery LX, the latest addition to the successful Chameleon Discovery product line. Designed for researchers in nonlinear microscopy and ultrafast spectroscopy, this advanced femtosecond laser delivers exceptional performance and versatility to meet evolving market needs.
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