Stock Information
symbol line chart

COHRCoherent Corp

Upcoming Earnings

We were not able to find an announced earnings date for this symbol yet. Check back again later

Company Info

CEO

Vincent D. Mattera

Location

Pennsylvania, USA

Exchange

NYSE

Website

https://ii-vi.com

Summary

II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide.

Company Info

CEO

Vincent D. Mattera

Location

Pennsylvania, USA

Exchange

NYSE

Website

https://ii-vi.com

Summary

II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide.

AI Insights for COHR
2 min read

Quick Summary

Coherent Corp (COHR) is a leading manufacturer specializing in engineered materials, optoelectronic components, and devices. The company operates globally, delivering advanced optical and electro-optical technologies used in high-power lasers, fiber lasers, and direct diode lasers. Coherent also produces transceivers and hardware critical for data centers and telecommunications optical networks, addressing growing demand in artificial intelligence (AI) and cloud infrastructure. Its main customers include those in the AI, AR/VR, automotive, aerospace, telecommunications, and data center industries. The company has a strong focus on innovation and provides foundational technology for growing digital and AI economies.

The Bull Case

  • Coherent's primary strengths include its robust technological innovation in optical and photonic solutions, strong presence in high-growth sectors such as AI and datacenter infrastructure, and a diverse product portfolio addressing multiple end markets.
  • Its capacity for rapid product development and scaling is exemplified by recent silicon carbide platform advancements.
  • Strong customer relationships with technology leaders, including Apple, and its track record of winning industry awards further strengthen its brand recognition.
  • Additionally, its global footprint and growing optoelectronics expertise position Coherent as a key supplier for next-generation digital infrastructure.

The Bear Case

  • Despite its innovations, Coherent faces several weaknesses.
  • The company does not pay a dividend, potentially making it less attractive to income-focused investors.
  • It has high enterprise value to EBITDA and price-to-earnings ratios, which may indicate overvaluation relative to peers.
  • Management transition, exemplified by the CEO’s planned retirement, adds uncertainty.
  • Its exposure to cyclical markets like SiC and telecom increases vulnerability to demand fluctuations.

Key Risks

  • Coherent faces several risks, including fierce industry competition, which could pressure margins and slow growth if rivals outpace its innovation.
  • Weakness in silicon carbide demand and cyclical slowdowns in telecom or semiconductor markets may negatively affect revenue.
  • Leadership changes and potential execution risks related to the CEO transition could disrupt strategic initiatives.
  • Macroeconomic uncertainties, such as inflation or global supply chain disruptions, also pose threats.

What to Watch

UpcomingDuring the most recent quarter, Coherent beat earnings expectations with a reported $1.53 billion in revenue—a 16.4% increase year-over-year—and earnings per share of $1.00.
UpcomingHowever, shares fell on weaker guidance for the next quarter.
UpcomingNotable events include the launch of a 300mm silicon carbide platform for improved AI datacenter performance and the divestiture of the Aerospace & Defense unit to Advent, which will reduce company debt and potentially improve EPS.
ExpectedFor the next quarter, Coherent anticipates revenue in the range of $1.46 to $1.60 billion and EPS between $0.93 and $1.13, slightly below prior market expectations.

Price Drivers

  • The stock price of Coherent is driven by several factors, including quarterly earnings reports and guidance, innovation breakthroughs, and strategic expansions.
  • Demand for AI and datacenter infrastructure has significantly boosted revenue, as has the launch of new products like advanced silicon carbide platforms.
  • Macroeconomic conditions, ongoing innovation in optical and photonic technology, and the health of the semiconductor and data center markets all play a role.
  • Acquisitions and divestitures, such as the recent sale of its Aerospace & Defense unit, also influence expectations and valuation.

Recent News

  • Recent news highlights several major achievements and challenges for Coherent.
  • The company saw its stock surge 57.1% over six months on strong datacenter growth and new product launches but was advised by analysts as a 'Hold' pending price stabilization.
  • Coherent won two innovation awards at ECOC 2025 and expanded its credit facilities.
  • It launched a groundbreaking 300mm silicon carbide platform tailored for the AI datacenter market and entered new partnerships, including one with Apple.

Market Trends

  • Broader trends benefiting Coherent include the accelerated adoption of AI, cloud computing, and data center expansion worldwide.
  • There is increasing investment in advanced semiconductors, high-speed transceivers, and optical networking as companies race to support new AI workloads.
  • The push for energy-efficient hardware, such as silicon carbide-based solutions, is growing as sustainability becomes a higher priority in IT infrastructure.
  • The overall market for AI and related hardware is undergoing a healthy correction, creating new entry opportunities for investors.

AI-generated summary. Not investment advice. DYOR.

Community Research

Research from investors like you

Be the first to share your analysis on COHR

Help fellow investors make informed decisions by sharing your research on fundamentals, catalysts, and outlook.

Topics: Company overview • Products • Competitors • Strengths & Risks

Symbol's posts

No more topics to show