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PITTSBURGH - Coherent Corp. (NYSE: COHR), a $9.73 billion market cap company specializing in photonics, has announced the release of the WaveAnalyzer 1500B, an optical spectrum analyzer designed to enhance transceiver testing capabilities. According to InvestingPro data, the company has demonstrated solid growth with revenue increasing 14.61% over the last twelve months, and analysts expect continued profitability this year. The new device offers significant improvements over its predecessor, the WaveAnalyzer 1500S, by providing 100 MHz absolute frequency accuracy, high resolution, and rapid performance with full coverage of the C+L band - all within a single instrument.
The WaveAnalyzer 1500B is engineered to meet the growing demands for higher data rates driven by AI and data center expansions. It boasts a 180 MHz resolution bandwidth and can perform 10 sweeps per second, which is expected to boost efficiency on production lines by consolidating the functions of wavelength meters and optical spectrum analyzers. This integration is projected to reduce both the physical space required for equipment and capital expenditures.
Dr. Ralf Stolte, Senior Sales and Marketing Manager of Optical Communications Test Equipment at Coherent, emphasized the device’s unique capabilities, stating, "The WaveAnalyzer 1500B redefines optical spectrum analysis." He highlighted its "unmatched speed, resolution, and accuracy" as key factors in streamlining transceiver testing processes and ensuring that networks are equipped for future advancements in the C+L band spectrum.
The WaveAnalyzer 1500B stands out by providing both high speed and high resolution, a combination that is often compromised in conventional instruments. It also offers ease of integration into existing systems with a user-friendly graphical user interface and an API that is backward compatible, making it a straightforward upgrade from the WaveAnalyzer 1500S.
Coherent has opened orders for the WaveAnalyzer 1500B, with sample units expected to ship in May and the first deliveries scheduled for July 2025. The product has already garnered recognition, receiving a high score of 4.5 in the 2025 Lightwave+BTR Innovation Reviews. InvestingPro analysis reveals strong analyst confidence in the company, with 16 analysts recently revising their earnings estimates upward and setting a high target price of $136. It will be officially introduced at the OFC 2025 conference in San Francisco, which runs from April 1-3.
Coherent Corp. is known for providing innovative technologies that serve a variety of markets, including industrial, communications, electronics, and instrumentation. The company operates globally with a network of research, development, manufacturing, sales, service, and distribution facilities, maintaining a healthy financial position with a current ratio of 2.67. This announcement is based on a press release statement issued by Coherent. For a comprehensive analysis of Coherent’s financial health and growth prospects, including additional ProTips and detailed metrics, visit InvestingPro, where you’ll find an in-depth Pro Research Report covering what really matters about this innovative technology company.
In other recent news, Coherent Corp. reported second-quarter earnings that exceeded expectations, with adjusted earnings per share reaching $0.95 against analyst estimates of $0.69. The company’s revenue for the quarter was $1.44 billion, surpassing the consensus forecast of $1.37 billion and marking a 27% increase year-over-year. This strong performance was largely driven by demand in AI-related data center applications and growth in the telecom sector. Coherent has provided guidance for the third quarter, projecting adjusted EPS between $0.75 and $0.95, and revenue ranging from $1.39 billion to $1.48 billion.
Additionally, Jefferies initiated coverage on Coherent with a Buy rating and a price target of $110, citing the company’s strong position in the 400G transceiver market. Needham also raised its price target for Coherent to $125, maintaining a Buy rating, following the company’s better-than-expected fiscal second-quarter revenues. Rosenblatt Securities increased its price target to $115 while maintaining a Neutral rating, noting Coherent’s strong second-quarter performance and potential growth in fiscal year 2026.
Coherent’s recent achievements include a reduction of $132 million in debt and improvements in gross and operating margins. The company’s strategic moves and financial health have garnered positive attention from analysts, with several firms expressing confidence in its market position and future prospects.
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