NYSE · COHR
Coherent, Inc.
Technology · Hardware, Equipment & Parts
$317.36▲ 7.22% ($21.38)at close
After hours$317.30▼ 0.02%7:59 PM ET
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 193.72% over the last year. Revenue grew 22.51% over the trailing twelve months. Operating margin moved from 9.45% to 11.96%. Free cash flow declined 634.63% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/E range (75th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 11.96% — continued expansion would be needed to justify the premium. Revenue growth of 22.51% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Performance
Return analysis
Company profile
Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
25
Buy
6
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 4, 2026
Q4 FY26 · EPS est $1.97 · Revenue est $2.3B
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