Coherent (COHR) reported a record quarterly revenue of $2.05 billion, marking a 42% year-over-year increase, driven by strong demand for AI data center infrastructure. The company's non-GAAP gross margin also expanded to a record 40.2% in the fourth fiscal quarter, highlighting improved profitability. Despite recent calls from AI leaders to slow AI development and a sector-wide selloff that caused COHR shares to drop over 8%, the stock trades at a relatively low forward P/E of 21x. This valuation suggests the company may be undervalued given its strong growth and strategic position in the AI hardware market, leading analysts to rate it a 'Buy'.
Coherent (COHR) shares are trading at USD 301.10 on Pluang as of Sep 18, 2026 18:52 WIB, showing a 1.73% increase in the past day. The stock's market cap stands at $57.96 billion, reflecting its significant presence in the technology sector. Pluang investors currently favor buying, with 81% of order activity leaning towards purchases.
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 ...
AI optics stocks including Applied Optoelectronics, Coherent, Lumentum, and Marvell fell between 10% and 15% following concerns about hyperscaler spending after Google's market value dropped by over $500 billion due to higher-than-expected cash burn....
