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.
Optics stocks, including Lumentum, Coherent, and Corning, are rising sharply while the broader market declines, driven by strong demand for optical connectivity in AI data centers. Lumentum's stock is up 3%, extending its 156% year-to-date gain, supp...
Ciena's stock rose 4% following a month-long 22.5% selloff in the optics sector, led by strong fiscal Q3 results showing 37% revenue growth and raised guidance for FY26 and FY27. While Corning, a key player in the sector, remains mostly flat, Ciena a...
Coherent Corp. is benefiting from rising demand in AI data centers, driven by its 800G and 1.6T optical modules which have led to record revenue and improved profit margins. Its Datacenter & Communications segment now accounts for 79% of total revenu...
Coherent's stock valuation has fallen about 28% from its peak in June 2026, yet the company shows strong financial health with a 42% revenue increase, 200 basis points improvement in gross margin, and a 74% rise in earnings per share year-over-year. ...
Coherent Corp. saw a 34% year-over-year revenue increase in Q4, surpassing expectations, with Q1 revenue forecasted to grow about 46% YoY. The company improved its gross margin to 40.2% and operating margin by 381 basis points, driven by pricing powe...
