COHR
CoherentCNYSE / Technology Hardware & Equipment
Last Price
At close
2026-06-02
Current thesis
The strongest supported bull case is that Coherent is still showing accelerating AI datacenter demand, with Q3 revenue up 21% year over year, non-GAAP gross margin up to 39.6%, and non-GAAP EPS up to $1.41, while management also guided to further sequential revenue and EPS growth in Q4. Third-party earnings trackers cited in retrieval also framed the quarter as an EPS beat versus consensus, but post-print revision breadth was not fully available.
Posture
Mixed
Lead driver
Momentum
What changed
3 setup hits (3d) with net bullish as of 2026-06-01.
What can break
Execution risk remains elevated around scaling AI-related capacity, especially the planned InP output ramp and newer platform introductions such as CPO/NPO.
Momentum
85
Value
45
Sentiment
33
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $300.00 · Bull $380.00 · Bear $240.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-05-29 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-09 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $266.53
Why
Momentum85 · Δ7d -0.8
Value45 · Δ7d +0.3
Sentiment33 · Δ7d +6.0
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.
Lead driver: Momentum · See technicals
Momentum
85
34% active weight
Current posture
7d trendImproving
Δ7d
-0.8
Δ21d
-1.4
Value
45
32% active weight
Current posture
7d trendFlat
Δ7d
+0.3
Δ21d
+0.2
Sentiment
33
33% active weight
Current posture
7d trendImproving
Δ7d
+6.0
Δ21d
+10.5
Why this grade
Composite grade C. Momentum 85.2 / Value 45.4 / Sentiment 33.2
Fundamentals (TTM)As of 2026-05-29
Fundamentals (TTM)
As of 2026-05-29
Market Cap
$70.72B
Beta
1.86
Shares Out
157.15M
P/E (TTM)
304.9
P/S (TTM)
4.85
P/FCF (TTM)
469.80
Rev YoY
+17.3%
EPS YoY
+3167.3%
Gross Margin
+35.8%
Op Margin
+9.0%
Net Debt
$2.79B
Current Ratio
2.33
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology