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.
Market Challenges | Delve into Coherent's strategy for navigating industrial sector headwinds while capitalizing on AI infrastructure scaling, with analyst price targets ranging from $80 to $125 |
Technological Edge | Explore Coherent's leading-edge portfolio, including first-to-market 1.6T transceivers, providing a competitive advantage in high-performance optical components |
Financial Trajectory | Analysts project EPS growth, with FY1 estimates ranging from $3.51 to $4.73 and FY2 from $4.68 to $5.87, indicating strong financial momentum |
AI Market Leade | Coherent Corp. commands a 25% market share in optical communications, with 32% of revenue from AI-related products, positioning it for growth in the expanding AI secto |

Metrics to compare | COHR | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCOHRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 0.0x | 55.8x | 12.4x | |
PEG Ratio | 0.00 | −0.52 | 0.01 | |
Price / Book | 0.0x | 4.9x | 2.4x | |
Price / LTM Sales | 0.0x | 3.8x | 2.4x | |
Upside (Analyst Target) | 0.0% | 10.4% | 19.4% | |
Fair Value Upside | Unlock | −6.7% | 3.5% | Unlock |