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COHR Compute / Networking Optics + photonics bottleneck Open in compare

Coherent

Coherent gives the dashboard a second serious optics name, which matters because AI networking is increasingly an optical problem.

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Price $358.50 Live
1D Change +1.38% 1 day
Market Cap $70.14B Live
Enterprise Value $71.48B Current
Trailing P/E 169.1 TTM
Forward P/E 44.3 Forward
Price / Sales 10.6 TTM
EV / Revenue 10.8 TTM
Revenue Growth 20.5% YoY latest qtr
Earnings Growth YoY latest qtr
Gross Margin 37.0% TTM
Operating Margin 13.6% TTM
Net Margin 7.1% TTM
ROE 4.7% TTM
Free Cash Flow $-197.6M TTM
FCF Margin -3.0% TTM
Debt / Equity 0.31x Latest qtr
Current Ratio 3.05x Latest qtr
Dividend Yield Annualized
Next Earnings Calendar

Metric timing

This page mixes live market data, trailing fundamentals, and latest reported statement data.

Live / market snapshot

Price, 1D change, market cap, and enterprise value are current market-based figures.

TTM / forward

Most valuation and margin cards are trailing twelve months, while forward P/E uses forward consensus.

Latest quarter / dividend cadence

Balance-sheet ratios use the latest reported quarter. Dividend cadence is inferred from recent payout history.

Revenue $5.81B Jun 30, 2025

latest annual revenue

Revenue $1.81B Mar 31, 2026

latest quarterly revenue

Net Income $49.4M Jun 30, 2025

latest annual profit

Net Income $191.4M Mar 31, 2026

latest quarterly profit

Dividend / Share $0.00 No regular dividend

annualized per share

Last Dividend No dividend history

latest ex-dividend cash amount

Price chart

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Latest headlines

Recent company headlines. Each link opens the original article in a new tab.

Barrons.com May 20, 2026
Astera Labs Stock Notches Record High. It’s Up Double Digits for a Second Day.

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Nvidia (NASDAQ:NVDA) has been on quite the investment spree in the past year, and while much of the AI bets and partnerships have begun to bear fruit after the latest run in AI-related names, questions linger as to how all these “circular” bets change the risk/reward profile of the world’s largest company. Undoubtedly, if there’s ... Nvidia Might Have Just Revealed the AI Sleeper Stock That Investors Missed

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3 Large-Cap Stocks with Promising Prospects

Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.

MarketBeat May 19, 2026
A Deep Dive Into NVIDIA’s Latest Portfolio Moves

NVIDIA's latest 13F filing does not tell the story it seems to at first glance. The apparent divergence in its CoreWeave and Nebius holdings is a prime example.

Insider Monkey May 19, 2026
Coherent (COHR) Gains from AI Infrastructure Investment

Fidelity Investments, an investment management company, recently released its first-quarter 2026 investor letter for “Fidelity Growth Strategies Fund”. A copy of the letter is available to download here. The Fidelity Growth Strategy is a diversified equity strategy aimed at domestic midcap growth stocks. The approach focuses on identifying quality companies that deliver steady above-average growth […]

Barchart May 19, 2026
Coherent Stock: Is Wall Street Bullish or Bearish?

Coherent has notably outperformed the broader market over the past 52 weeks, and Wall Street analysts maintain a highly optimistic outlook about the stock’s prospects.

Why it could benefit going forward

  • Coherent gives the dashboard a second serious optics name, which matters because AI networking is increasingly an optical problem.
  • It provides exposure to lasers, transceivers, and photonic components that support large AI fabrics.
  • If optical capacity becomes a key AI constraint, Coherent is closer to the bottleneck than many mainstream semiconductor names.

Moat / edge

  • Deep photonics and materials expertise.
  • A broad product set across critical optical components.
  • Positioning in a specialized manufacturing stack that is hard to replicate.

What to watch

  • AI-related datacenter optics demand and customer wins.
  • Margin improvement as mix shifts.
  • How much NVIDIA-linked optical demand translates into sustained revenue.

Key risks

  • Execution and integration complexity can weigh on results.
  • Optics demand can be cyclical and less linear than the AI narrative suggests.

Business snapshot

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.