▼ -17.14% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Coherent in the last 3 months. The average price target is $169.00, with a high forecast of $215.00 and a low forecast of $140.00. The average price target represents a -17.14% upside from the last price of $203.96.
The current consensus among 10 investment analysts is to hold stock in Coherent. This rating has held steady since November 2020, when it changed from a Buy consensus rating.
Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial research applications. It operates in two segments, OEM Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California.