Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Coherent sees strong Q3 growth and bullish Q4 outlook, driven by AI and photonics demand.

Analyst Insights
02 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Coherent reported 21% year-over-year revenue growth and 55% EPS growth in Q3, with expanding profit margins fueled by high data center demand. The company projects even stronger Q4 results, anticipating 29% revenue growth and 62% EPS growth, supported by a record backlog and increased orders. Nvidia's investment and capacity expansion position Coherent well for long-term growth in the optical and photonics market, especially related to AI connectivity. This outlook justifies a higher valuation and suggests sustained outperformance ahead.

More News

Virginia passes new zoning laws to expand placement of manufactured homes statewide from July 1, 2026.

Virginia passes new zoning laws to expand placement of manufactured homes statewide from July 1, 2026.

Virginia Governor Abigail Spanberger signed House Bill 655 and Senate Bill 346, reforming zoning laws to allow manufactured homes in areas where site-built homes are permitted. The laws prevent local governments from imposing stricter rules on manufa...

Market News
Bullish
3 hours ago
Amazon drives growth with AWS, AI, and $15B ad revenue, showing strong future potential.

Amazon drives growth with AWS, AI, and $15B ad revenue, showing strong future potential.

Amazon continues to be a strong investment due to its leadership in AWS cloud services and the largest AI capital expenditure budget, which fuel its future growth. The company’s development of custom silicon and enterprise AI partnerships keeps it co...

Analyst Insights
Bullish
4 hours ago
Royalton Vessence Barbados opens as a new all-inclusive resort redefining luxury adult travel in the Caribbean.

Royalton Vessence Barbados opens as a new all-inclusive resort redefining luxury adult travel in the Caribbean.

Royalton Hotels & Resorts has officially opened the Royalton Vessence Barbados, a new all-inclusive resort designed exclusively for adults on Barbados' Platinum Coast. This resort introduces a transformative concept focused on immersive, personalized...

Others
Bullish
4 hours ago
Generac secures global deal to supply backup power generators for major data center operator.

Generac secures global deal to supply backup power generators for major data center operator.

Generac Holdings Inc. has signed a global supply agreement with a leading hyperscale data center operator to provide backup power generators. This deal underscores Generac's role in supporting critical digital infrastructure that powers essential ser...

Market News
Bullish
4 hours ago
Victory Square reports Q1 revenue of $24.9M and net income of $3.9M, driven by healthcare platform growth.

Victory Square reports Q1 revenue of $24.9M and net income of $3.9M, driven by healthcare platform growth.

Victory Square Technologies announced Q1 2026 financial results with revenue rising to $24.9 million and net income reaching $3.9 million, primarily driven by growth in its healthcare platform Hydreight Technologies. The company also advanced its bio...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App