
Coherent Corp (COHR) Stock Forecast & Price Target
Coherent Corp (COHR) Analyst Ratings
Bulls say
Coherent Corporation has demonstrated significant growth potential, with Data Center sales increasing by 23% year-over-year and 4% quarter-over-quarter, indicating strong demand and supply improvements in the Datacom segment. The company's operating margin has reached 19.5%, marking a notable increase driven by effective cost management and operational efficiencies, which surpasses prior estimates. Additionally, excluding the Aerospace and Defense segment, revenue rose 6% sequentially and 19% year-over-year, reinforcing the positive trajectory supported by heightened confidence in laser supply and capacity increases within the Data Center and Communications segments.
Bears say
Coherent Corp faces significant challenges, as its reliance on product innovation and unit growth must outpace annual average selling price (ASP) declines to maintain its financial health. With total outstanding debt reported at $3.31 billion and a debt leverage ratio reduced to 2x, the company is still navigating a competitive landscape marked by rapid technological changes and nimble new entrants, raising concerns about its long-term growth prospects. Furthermore, Coherent's recent underperformance relative to peers and the potential negative impact of its Customer Proof of Concept (CPO) initiatives on future revenue opportunities underline a cautious outlook for the company's stock.
This aggregate rating is based on analysts' research of Coherent Corp and is not a guaranteed prediction by Public.com or investment advice.
Coherent Corp (COHR) Analyst Forecast & Price Prediction
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