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 6,809 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $471M | Put options by funds: $307M
51% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 67
32% more funds holding in top 10
Funds holding in top 10: 22 [Q2] → 29 (+7) [Q3]
25% more capital invested
Capital invested by funds: $10B [Q2] → $12.5B (+$2.49B) [Q3]
7% more funds holding
Funds holding: 496 [Q2] → 530 (+34) [Q3]
1.24% more ownership
Funds ownership: 90.85% [Q2] → 92.09% (+1.24%) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 179
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$86
12%
downside
Avg. target
$114
16%
upside
High target
$135
38%
upside
12 analyst ratings
9 positive
75%
3 neutral
25%
0 negative
0%
Morgan Stanley Meta Marshall 54% 1-year accuracy 14 / 26 met price target | 23%upside $120 | Equal-Weight Maintained | 17 Dec 2024 |
Jefferies George Notter 86% 1-year accuracy 6 / 7 met price target | 38%upside $135 | Buy Initiated | 4 Dec 2024 |
Barclays Tom O'Malley 48% 1-year accuracy 21 / 44 met price target | 8%upside $105 | Overweight Maintained | 8 Nov 2024 |
Needham James Ricchiuti 58% 1-year accuracy 63 / 108 met price target | 23%upside $120 | Buy Reiterated | 7 Nov 2024 |
Stifel Ruben Roy 67% 1-year accuracy 22 / 33 met price target | 23%upside $120 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 10 articles about COHR published over the past 30 days
Positive
The Motley Fool
11 hours 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
5 days 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 week 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 week 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 week 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 week 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.
Neutral
GlobeNewsWire
1 week ago
Coherent Announces General Availability of Industrial Temperature Range 100G ZR QSFP28-DCO
PITTSBURGH, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, proudly announces the general availability and production release of the industry's first 100G ZR QSFP28 digital coherent optics (DCO) transceiver to operate over the Industrial temperature (I-temp) range from -40°C to +85°C.
Positive
The Motley Fool
2 weeks ago
Why Coherent Stock Was Skating Higher This Week
Coherent's (COHR -3.00%) stock began this week on a high note, and as we headed toward the weekend it wasn't letting up much. What helped was news of a bullish initiation of coverage from an analyst, a share-price-supporting event if ever there was one.
Positive
Investors Business Daily
2 weeks ago
Two Huge 2024 AI Stock Winners Have Room To Run, Analysts Say
Both benefit from the artificial intelligence boom but from very different industries. The post Two Huge 2024 AI Stock Winners Have Room To Run, Analysts Say appeared first on Investor's Business Daily.
Positive
Investors Business Daily
3 weeks ago
Coherent Holds An Nvidia-Like Gain. AI Is Just One Reason Why.
A financial transformation under new leadership is just one reason to be bullish about Coherent. Robust AI-powered earnings is another.
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