Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers transceivers, systems, subsystems, modules, components, optics, and semiconductor devices for datacenter and communications applications. The Materials segment provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products; and vertical-cavity surface-emitting laser, edge-emitting laser, pump lasers, high-power lasers for materials processing, and integrated circuit. The Laser segment offers excimer lasers, solid-state lasers, CO2 lasers, and laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems. It markets its products and services through direct sales force, representatives, and distributors. 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.
AI Semiconductor Play | Explore Coherent Corp.'s potential as a key beneficiary in the growing AI sector, leveraging its strengths in high-speed data transmission technologies. |
Market Dynamics | Delve into Coherent's position in the Datacom and Telecom markets, with a focus on its recovery in Telecom and strong performance in Datacom transceivers. |
Financial Outlook | Analysts project EPS of $4.73 for FY1 and $5.87 for FY2, with price targets ranging from $80 to $125, reflecting optimism about Coherent's growth trajectory. |
Strategic Challenges | Learn about Coherent's need for portfolio optimization and its strategy to address potential weakness in the Industrial sector amid fierce industry competition. |
Metrics to compare | COHR | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCOHRPeersSector | |
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P/E Ratio | 0.0x | −8.1x | 12.0x | |
PEG Ratio | 0.00 | −0.01 | 0.01 | |
Price/Book | 0.0x | 2.4x | 2.4x | |
Price / LTM Sales | 0.0x | 3.2x | 2.4x | |
Upside (Analyst Target) | 0.0% | 18.8% | 14.4% | |
Fair Value Upside | Unlock | −18.9% | 2.2% | Unlock |