
Coherent Corp (COHR) Stock Forecast & Price Target
Coherent Corp (COHR) Analyst Ratings
Bulls say
Coherent Corp demonstrates a strong upward trajectory, with total revenues increasing 27% year-over-year and 6% quarter-over-quarter, reaching $1.43 billion, which surpasses prior estimates by 5%. Notably, the Networking segment, which accounts for 57% of total revenues, grew 56% year-over-year and 7% quarter-over-quarter, significantly exceeding expectations and reflecting burgeoning demand for advanced coherent transceivers. Furthermore, the improvement in gross margins, with Networking gross margin rising to 38.2%, indicates operational efficiency and profitability enhancements that bolster the company's positive financial outlook.
Bears say
Coherent Corp faces potential financial challenges primarily due to declining average selling prices (ASPs) across its Optical products, which may hinder product innovation and unit growth, leading to weakened financial results. The company's revenue guidance for the upcoming quarter appears stagnant, indicating offsetting growth in Communications against declines in Industrial sectors, alongside a projected moderation in Datacom growth as significant shipments are anticipated in the latter half of 2025. Furthermore, the company's total outstanding debt remains substantial at $3.86 billion, with concerns over its ability to provide optimistic guidance for FY25 amid a broader economic slowdown impacting its core markets.
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
Start investing in Coherent Corp (COHR)
Order type
Buy in
Order amount
Est. shares
0 shares