Coherent Corp. announced strong Q1 fiscal 2027 results with revenue of $2.37 billion, up 50% year-over-year, and GAAP gross margin improving to 39.1%. Non-GAAP earnings per share rose 80% year-over-year to $2.09. The company highlighted growth in established and new markets, especially driven by AI datacenter demand for optical connectivity. Coherent expects fiscal 2027 pro forma revenue growth to exceed 60% and aims for a non-GAAP gross margin above 45% by the end of 2028.
Coherent Corp. shares are trading at USD 197.00 on Pluang as of Nov 05, 2026 04:15 WIB, down 5.06% in the last day. The stock's market cap stands at $40.86 billion, reflecting significant investor interest despite recent price declines. Trading volume reached 5,466,157 shares, with a nearly balanced order activity of 49% sell and 51% buy.
Coherent Corp is expanding its production capacity and launching new products to meet growing AI-driven demand in optical networking. The ongoing Marvell-Lumentum merger distracts a key competitor for over 18 months, giving Coherent a strategic advan...
Optical networking stocks are recovering sharply, led by Coherent, which rose 6% before its critical earnings report expected on November 4. Despite this rebound, Coherent's stock is still down 37% over the past month, reflecting market caution. Appl...
Coherent's stock has been upgraded to Strong Buy following a significant 44% correction, which has removed valuation risks while the company's fundamentals remain strong. The stock now trades at about 15 times forward EV/EBITDA, near lows seen before...
Coherent Corp's stock fell over 50%, but its Q4 FY26 revenue grew 34% year-over-year, driven by a 66% increase in data center revenue and improved gross margins. The company intentionally built inventory to support expected AI data center growth and ...
