Coherent Corp. (COHR)
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-10-29
$237.22-0.99%
Close 2026-10-29 · 1-day change
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-10-29
Research Workspace
Put COHR beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Electronic Components is in recovery. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Maintain gross margin near 40% in 2026-Q2: Gross margin: 38.47%.
View ThesisRevenue is growing steadily — about 23% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 21%, softest on share dilution.
View QualityManagement screens strong on earnings delivery, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 4% on a typical day and fell roughly 51% in its worst 12-month stretch.
View RiskCoherent’s AI datacenter infrastructure expansion must sustain growth to support its valuation. Revenue growth accelerated from 17% to 34% year over year. Fourth-quarter fiscal 2026 non-GAAP EPS beat consensus by 21.7%. COHR trades at 47× P/E versus a 47× peer median. The price reflects less growth than our forecast, despite that modest peer gap. A 38.47% gross margin puts the 2026-Q2 margin pillar under pressure. Our model puts the next-quarter miss probability near 24%. Peer multiples imply a price about 7% below where it trades; the thesis is on watch. This read is provisional.
Trailing returns as of 2026-10-29. COHR is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 26 analysts currently covering COHR (as of Oct 2026).
Based on 7 Wall Street analysts offering 12-month price targets for COHR in the last 4 months.
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Compare COHR with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| COHR Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Electronic Components — fair value, gap to price, and forward P/E.
Compare the value case
Put COHR next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
PhotonLink launch supports AI datacenter infrastructure expansion.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $237.22
The last 12 months of price, then the range of analyst 12-month targets from today’s $237.22.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
New product enhances AI datacenter infrastructure expansion.
Advances: Maintain and expand gross margin
Margin expansion supports gross margin maintenance objective.
Advances: Expand AI datacenter infrastructure
Capacity expansion aligns with AI datacenter infrastructure growth objective.
Advances: Expand AI datacenter infrastructure
Positioning as a critical player supports AI datacenter growth.
Advances: Expand AI datacenter infrastructure
Nvidia's investment supports AI datacenter infrastructure expansion.
Advances: Expand AI datacenter infrastructure
PhotonLink launch supports AI datacenter infrastructure expansion.
Advances: Expand AI datacenter infrastructure
AI optics forecast supports datacenter infrastructure growth.
