• Consensus Rating: Moderate Buy
  • Consensus Price Target: $56.36
  • Forecasted Upside: -21.65%
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$71.93
▲ +0.94 (1.32%)

This chart shows the closing price for COHR by one month, three months, or twelve months.

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Analyst Price Target for COHR

Analyst Price Target is $56.36
▼ -21.65% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Coherent in the last 3 months. The average price target is $56.36, with a high forecast of $76.00 and a low forecast of $35.00. The average price target represents a -21.65% upside from the last price of $71.93.

This chart shows the closing price for COHR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 13 investment analysts is to moderate buy stock in Coherent. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/31/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/31/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/29/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/27/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/26/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/25/2024
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/24/2024
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/3/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$72.00 ➝ $72.00N/A
5/15/2024Stifel NicolausReiterated RatingBuy ➝ Buy$68.00 ➝ $68.00N/A
5/7/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$72.00N/A
5/7/2024BenchmarkReiterated RatingBuy ➝ Buy$65.00N/A
4/8/2024SusquehannaReiterated RatingNeutral ➝ Neutral$55.00N/A
4/1/2024Stifel NicolausReiterated RatingBuy ➝ Buy$68.00N/A
4/1/2024Needham & Company LLCBoost TargetBuy ➝ Buy$64.00 ➝ $72.00N/A
2/7/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$45.00 ➝ $58.00N/A
2/7/2024B. RileyBoost TargetBuy ➝ Buy$54.00 ➝ $74.00N/A
2/7/2024BenchmarkBoost TargetBuy ➝ Buy$40.00 ➝ $65.00N/A
2/7/2024SusquehannaBoost TargetNeutral ➝ Neutral$35.00 ➝ $55.00N/A
2/7/2024Rosenblatt SecuritiesBoost TargetBuy ➝ Buy$44.00 ➝ $76.00N/A
2/5/2024Stifel NicolausBoost TargetBuy ➝ Buy$50.00 ➝ $58.00N/A
2/5/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$52.00N/A
1/16/2024BarclaysUpgradeEqual Weight ➝ Overweight$38.00 ➝ $60.00N/A
12/15/2023Raymond JamesBoost TargetOutperform ➝ Outperform$42.00 ➝ $53.00N/A
12/15/2023Needham & Company LLCBoost TargetBuy ➝ Buy$46.00 ➝ $52.00N/A
12/13/2023Morgan StanleyDowngradeOverweight ➝ Equal Weight$39.00 ➝ $45.00N/A
11/8/2023BenchmarkReiterated RatingBuy ➝ Buy$40.00N/A
11/7/2023Needham & Company LLCLower TargetBuy ➝ Buy$50.00 ➝ $46.00N/A
10/11/2023Raymond JamesBoost TargetOutperform ➝ Outperform$35.00 ➝ $42.00N/A
10/11/2023B. RileyUpgradeNeutral ➝ Buy$31.00 ➝ $37.00N/A
10/11/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$50.00N/A
9/21/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$45.00N/A
8/18/2023BenchmarkReiterated RatingBuy ➝ Buy$40.00N/A
8/17/2023CitigroupLower TargetBuy ➝ Buy$40.00 ➝ $39.00N/A
8/17/2023Craig HallumLower TargetBuy ➝ Buy$56.00 ➝ $43.00N/A
8/17/2023Northland SecuritiesLower TargetMarket Perform ➝ Market Perform$45.00 ➝ $35.00N/A
8/17/2023Raymond JamesLower TargetOutperform ➝ Outperform$41.00 ➝ $35.00N/A
8/17/2023Morgan StanleyLower TargetOverweight ➝ Overweight$55.00 ➝ $39.00N/A
8/17/2023Stifel NicolausLower Target$50.00 ➝ $42.00N/A
8/17/2023Bank of AmericaLower TargetNeutral ➝ Neutral$55.00 ➝ $35.00N/A
8/17/2023BarclaysLower TargetEqual Weight ➝ Equal Weight$45.00 ➝ $38.00N/A
8/17/2023Rosenblatt SecuritiesUpgradeNeutral ➝ BuyN/A
8/16/2023Rosenblatt SecuritiesLower TargetNeutral ➝ Buy$55.00 ➝ $45.00N/A
8/15/2023Stifel NicolausBoost TargetBuy ➝ Buy$42.00 ➝ $50.00N/A
8/14/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$64.00N/A
8/3/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$40.00 ➝ $55.00N/A
7/25/2023SusquehannaBoost TargetNeutral$33.00 ➝ $40.00N/A
7/18/2023Bank of AmericaDowngradeBuy ➝ Neutral$55.00N/A
7/17/2023Deutsche Bank AktiengesellschaftBoost Target$40.00 ➝ $56.00N/A
7/5/2023BarclaysUpgradeUnderweight ➝ Equal Weight$29.00 ➝ $45.00N/A
6/30/2023Craig HallumBoost Target$38.00 ➝ $56.00N/A
6/28/2023B. RileyDowngradeBuy ➝ Neutral$47.00N/A
6/21/2023Northland SecuritiesDowngradeOutperform ➝ Market PerformN/A
6/21/2023Rosenblatt SecuritiesDowngradeBuy ➝ Neutral$41.00 ➝ $55.00N/A
6/20/2023Needham & Company LLCBoost Target$33.00 ➝ $64.00N/A
5/12/2023Northland SecuritiesLower Target$52.50 ➝ $38.00N/A
5/11/2023B. RileyLower Target$67.00 ➝ $47.00N/A
5/11/2023Craig HallumLower Target$57.00 ➝ $38.00N/A
5/11/2023Loop CapitalLower Target$118.00 ➝ $85.00N/A
5/11/2023Stifel NicolausLower Target$60.00 ➝ $42.00N/A
5/11/2023SusquehannaLower Target$38.00 ➝ $33.00N/A
5/11/2023BarclaysLower Target$36.00 ➝ $29.00N/A
5/8/2023Deutsche Bank AktiengesellschaftLower Target$50.00 ➝ $45.00N/A
4/19/2023JPMorgan Chase & Co.Lower TargetOverweight$50.00 ➝ $46.00N/A
4/6/2023Raymond JamesLower TargetOutperform$74.00 ➝ $73.00N/A
4/6/2023Needham & Company LLCLower TargetBuy$58.00 ➝ $46.00N/A
3/14/2023Raymond JamesLower TargetOutperform$76.00 ➝ $74.00N/A
3/9/2023SusquehannaReiterated RatingNeutral$45.00N/A
2/9/2023Morgan StanleyBoost TargetOverweight$45.00 ➝ $48.00N/A
2/9/2023Raymond JamesLower TargetOutperform$78.00 ➝ $76.00N/A
2/9/2023Rosenblatt SecuritiesReiterated RatingBuy$55.00N/A
2/9/2023CowenLower TargetOutperform$95.00 ➝ $87.00N/A
2/9/2023SusquehannaBoost TargetNeutral$42.00 ➝ $45.00N/A
2/6/2023Needham & Company LLCReiterated RatingBuy$58.00N/A
1/23/2023BarclaysBoost TargetUnderweight$30.00 ➝ $36.00N/A
1/17/2023Rosenblatt SecuritiesInitiated CoverageBuy$55.00N/A
12/20/2022JPMorgan Chase & Co.Lower TargetOverweight$74.00 ➝ $52.00N/A
12/13/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$43.00 ➝ $45.00N/A
12/1/2022Stifel NicolausInitiated CoverageBuy$48.00N/A
11/28/2022Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$45.00 ➝ $50.00N/A
11/15/2022CowenLower Target$95.00N/A
11/15/2022BenchmarkLower Target$58.00N/A
11/11/2022Bank of AmericaUpgradeNeutral ➝ Buy$63.00 ➝ $45.00N/A
11/10/2022Craig HallumBoost Target$50.00 ➝ $60.00N/A
11/10/2022Needham & Company LLCLower TargetBuy$75.00 ➝ $58.00N/A
11/10/2022Raymond JamesLower TargetOutperform$80.00 ➝ $78.00N/A
11/10/2022CowenLower Target$116.00 ➝ $95.00N/A
11/7/2022Deutsche Bank AktiengesellschaftLower TargetHold$58.00 ➝ $45.00N/A
11/4/2022CitigroupUpgradeNeutral ➝ Buy$60.00 ➝ $52.00N/A
10/24/2022BarclaysLower TargetUnderweight$47.00 ➝ $30.00N/A
10/17/2022William BlairInitiated CoverageMarket PerformN/A
10/12/2022Craig HallumLower Target$80.00 ➝ $50.00N/A
10/11/2022Morgan StanleyLower TargetEqual Weight$59.00 ➝ $43.00N/A
9/12/2022JPMorgan Chase & Co.Initiated CoverageOverweight ➝ OverweightN/A
10/4/2021Stifel NicolausInitiated CoverageHold$270.00High
9/22/2021Susquehanna BancsharesDowngradeNeutral$160.00 ➝ $273.00Low
9/21/2021SusquehannaDowngradePositive ➝ Neutral$160.00 ➝ $273.00Low
5/18/2021BarclaysInitiated CoverageEqual WeightLow
2/11/2021BenchmarkDowngradeBuy ➝ HoldLow
1/21/2021Berenberg BankDowngradeBuy ➝ Hold$215.00Medium
1/20/2021BarclaysUpgradeUnderweight ➝ Equal WeightLow
1/12/2021BarclaysDowngradeEqual Weight ➝ Underweight$125.00 ➝ $140.00High
11/12/2020Longbow ResearchDowngradeBuy ➝ NeutralHigh
11/11/2020Stifel NicolausDowngradeBuy ➝ HoldHigh
9/14/2020Vertical ResearchUpgradeSell ➝ NeutralLow
8/5/2020BenchmarkLower TargetBuy$168.00 ➝ $160.00High
8/5/2020Needham & Company LLCReiterated RatingHoldHigh
7/27/2020Longbow ResearchUpgradeNeutral ➝ Buy$165.00High
5/29/2020Susquehanna BancsharesReiterated RatingBuy$170.00Low
5/28/2020Needham & Company LLCInitiated CoverageHoldHigh
5/28/2020Stifel NicolausLower TargetBuy$178.00 ➝ $170.00High
5/28/2020BenchmarkLower TargetBuy$175.00 ➝ $168.00High
5/28/2020Piper SandlerLower TargetOverweight$195.00 ➝ $185.00High
4/24/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$154.00 ➝ $147.00High
4/17/2020BarclaysLower TargetEqual Weight$160.00 ➝ $130.00Low
4/13/2020BenchmarkReiterated RatingBuyLow
2/10/2020Stifel NicolausReiterated RatingBuy$178.00Low
2/6/2020Piper SandlerLower Target$205.00 ➝ $195.00Medium
2/6/2020BarclaysLower TargetEqual Weight$170.00 ➝ $160.00Medium
2/6/2020Susquehanna BancsharesReiterated RatingBuy$195.00Medium
2/6/2020BenchmarkReiterated RatingBuy$175.00Medium
1/19/2020BarclaysReiterated RatingHold$170.00Medium
12/20/2019Piper Sandler CompaniesInitiated CoverageOverweight$205.00High
12/16/2019Susquehanna BancsharesUpgradeNeutral ➝ Positive$130.00 ➝ $200.00High
11/27/2019Susquehanna BancsharesReiterated RatingHoldLow
11/6/2019BenchmarkBoost TargetBuy$175.00 ➝ $182.00Low
9/17/2019BenchmarkBoost TargetBuy$165.00 ➝ $175.00Low
7/31/2019BenchmarkReiterated RatingBuy$165.00High
(Data available from 6/24/2019 forward)

News Sentiment Rating

0.35 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/26/2023
  • 4 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/26/2023
  • 4 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/25/2024
  • 5 very positive mentions
  • 34 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
2/24/2024
  • 1 very positive mentions
  • 35 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/25/2024
  • 0 very positive mentions
  • 22 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/24/2024
  • 9 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/24/2024
  • 3 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2024

Current Sentiment

  • 3 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Coherent logo
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. It serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, electronics, and instrumentation applications. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
Read More

Today's Range

Now: $71.93
Low: $68.26
High: $71.94

50 Day Range

MA: $59.79
Low: $49.25
High: $73.99

52 Week Range

Now: $71.93
Low: $28.47
High: $75.25

Volume

3,339,600 shs

Average Volume

2,273,812 shs

Market Capitalization

$10.97 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.64

Frequently Asked Questions

What sell-side analysts currently cover shares of Coherent?

The following equities research analysts have issued research reports on Coherent in the last year: B. Riley, Bank of America Co., Barclays PLC, Benchmark Co., Citigroup Inc., Craig Hallum, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Needham & Company LLC, Northland Securities, Raymond James, Rosenblatt Securities, Stifel Nicolaus, StockNews.com, Susquehanna, and TheStreet.
View the latest analyst ratings for COHR.

What is the current price target for Coherent?

14 Wall Street analysts have set twelve-month price targets for Coherent in the last year. Their average twelve-month price target is $56.36, suggesting a possible downside of 21.7%. Rosenblatt Securities has the highest price target set, predicting COHR will reach $76.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $35.00 for Coherent in the next year.
View the latest price targets for COHR.

What is the current consensus analyst rating for Coherent?

Coherent currently has 4 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for COHR.

What other companies compete with Coherent?

Other companies that are similar to Coherent include Cognex, Badger Meter, Itron, OSI Systems and Mesa Laboratories. Learn More about companies similar to Coherent.

How do I contact Coherent's investor relations team?

Coherent's physical mailing address is 5100 Patrick Henry Drive, Santa Clara CA, 95054. The scientific and technical instruments company's listed phone number is (724) 352-4455 and its investor relations email address is [email protected]. The official website for Coherent is www.coherent.com. Learn More about contacing Coherent investor relations.