Coherent Corp. (COHR) is trading up at $232.23 (+0.09%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Current price targets from 5 firms average $383, median $420, ranging from $280 to $448 — the average is 65% above the current $232. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2017Jun 2017 | FY2018Jun 2018 | FY2019Jun 2019 | FY2020Jun 2020 | FY2021Jun 2021 | FY2022Jun 2022 | FY2023Jun 2023 | FY2024Jun 2024 | FY2025Jun 2025 | FY2026Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $972.0M | $1.16B | $1.36B | $2.38B | $3.11B | $3.32B | $5.16B | $4.71B | $5.81B | $7.12B |
| Growth (year over year) | +17.5% | +19.2% | +17.6% | +74.7% | +30.5% | +6.8% | +55.6% | −8.8% | +23.4% | +22.5% |
| Gross profit | $388.4M | $462.2M | $521.3M | $791.2M | $1.18B | $1.27B | $1.62B | $1.46B | $2.04B | $2.67B |
| Gross margin | 40.0% | 39.9% | 38.3% | 33.2% | 37.9% | 38.2% | 31.4% | 30.9% | 35.2% | 37.5% |
| Operating income | $115.6M | $136.8M | $148.7M | $39.5M | $402.1M | $414.3M | −$37.1M | $96.1M | — | — |
| Operating margin | 11.9% | 11.8% | 10.9% | 1.7% | 12.9% | 12.5% | −0.7% | 2.0% | — | — |
| Net income | $95.3M | $88.0M | $107.5M | −$67.0M | $297.6M | $234.8M | −$259.5M | −$156.2M | $49.4M | $805.0M |
| Net margin | 9.8% | 7.6% | 7.9% | −2.8% | 9.6% | 7.1% | −5.0% | −3.3% | 0.8% | 11.3% |
| EPS (diluted) | $1.48 | $1.35 | $1.63 | −$0.79 | $2.37 | $1.45 | −$2.93 | −$1.84 | −$0.52 | $4.12 |
| Balance sheet | ||||||||||
| Cash and equivalents | $271.9M | $247.0M | $204.9M | $493.0M | $1.59B | $2.58B | $821.3M | $926.0M | $909.2M | $1.16B |
| Total assets | $1.48B | $1.76B | $1.95B | $5.23B | $6.51B | $7.84B | $13.7B | $14.5B | $14.9B | $18.3B |
| Total liabilities | $576.7M | $737.4M | $820.6M | $3.16B | $2.38B | $3.46B | $6.48B | $6.54B | $6.43B | $7.06B |
| Long-term debt | $322.0M | $419.0M | $443.2M | $2.19B | $1.31B | $1.90B | $4.23B | $4.03B | $3.50B | $3.21B |
| Shareholders' equity | $900.6M | $1.02B | $1.13B | $2.08B | $3.41B | $3.62B | $4.99B | $5.21B | $5.64B | $10.9B |
| Cash flow | ||||||||||
| Operating cash flow | $118.6M | $161.0M | $178.5M | $297.3M | $574.4M | $413.3M | $634.0M | $545.7M | $633.6M | $79.5M |
| Capital expenditure | $138.5M | $153.4M | $137.1M | $136.9M | $146.3M | $314.3M | $436.1M | $346.8M | $440.8M | $1.10B |
| Free cash flow | −$19.9M | $7.58M | $41.4M | $160.4M | $428.0M | $99.0M | $198.0M | $198.9M | $192.8M | −$1.02B |
| Share buybacks | — | $49.9M | $1.62M | $1.63M | $0 | $0 | — | — | — | — |
| Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25†Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26†Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.35B | $1.43B | $1.50B | $1.53B | $1.58B | $1.69B | $1.81B | $2.05B |
| Growth (year over year) | +28.0% | +26.8% | +23.9% | +16.4% | +17.3% | +17.5% | +20.5% | +33.7% |
| Gross profit | $460.1M | $509.4M | $527.7M | $546.1M | $579.2M | $622.8M | $679.9M | $787.1M |
| Gross margin | 34.1% | 35.5% | 35.2% | 35.7% | 36.6% | 36.9% | 37.7% | 38.5% |
| Net income | $25.9M | $103.4M | $15.7M | −$95.6M | $226.3M | $146.7M | $191.4M | $240.5M |
| Net margin | 1.9% | 7.2% | 1.0% | −6.3% | 14.3% | 8.7% | 10.6% | 11.8% |
| EPS (diluted) | −$0.04 | $0.44 | −$0.11 | −$0.81 | $1.19 | $0.76 | $0.97 | $1.20 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.02B | $917.8M | $890.3M | $909.2M | $852.8M | $863.7M | $1.59B | $1.16B |
| Total assets | $14.7B | $14.2B | $14.4B | $14.9B | $14.7B | $15.1B | $17.3B | $18.3B |
| Total liabilities | $6.43B | $6.23B | $6.28B | $6.43B | $6.01B | $6.20B | $6.27B | $7.06B |
| Long-term debt | $3.92B | $3.83B | $3.73B | $3.50B | $3.26B | $3.25B | $3.18B | $3.21B |
| Shareholders' equity | $5.50B | $5.17B | $5.35B | $5.64B | $5.83B | $8.54B | $10.7B | $10.9B |
| Cash flow | ||||||||
| Operating cash flow | $153.0M | $187.4M | $163.0M | $130.3M | $46.0M | $57.9M | −$93.8M | $69.5M |
| Capital expenditure | $92.0M | $105.7M | $111.8M | $131.3M | $103.9M | $153.6M | $289.7M | $555.7M |
| Free cash flow | $61.0M | $81.7M | $51.1M | −$1.07M | −$58.0M | −$95.7M | −$383.5M | −$486.2M |
From Coherent Corp.'s 10-K and 10-Q filings with the SEC; its fiscal year ends in June. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Coherent Corp. is an American manufacturer of optical materials and semiconductors. As of 2023, the company had 26,622 employees. Its stock is listed on the New York Stock Exchange under the ticker symbol COHR. In 2022, II-VI acquired laser manufacturer Coherent, Inc., and adopted its name.
Source: Wikipedia — Coherent Corp.