New insider activity at Coherent Corp ( (COHR) ) has taken place on May 24, 2025.
Director Howard Xia has recently sold 1,000 shares of Coherent Corp stock, amounting to a total transaction value of $81,000.
Recent Updates on COHR stock
Coherent Corp. has experienced significant developments recently, with a notable 24% year-over-year revenue increase to $1.5 billion in its Q3 earnings report, driven by strong demand in AI-related data centers and new product launches. The company improved its non-GAAP gross margin to 38.5% and reduced its debt by $136 million. Analysts have adjusted their price targets accordingly; Morgan Stanley raised its target due to anticipated positive profitability outlooks at the upcoming analyst day, while B. Riley lowered its target reflecting optical group contraction and concerns about co-packaged optics. JPMorgan placed Coherent on ‘Positive Catalyst Watch’ due to its promising growth trajectory under CEO Jim Anderson. Despite challenges in industrial and consumer electronics sectors, Coherent’s strategic focus on core areas and debt reduction efforts are seen as positive indicators for future performance.
Spark’s Take on COHR Stock
According to Spark, TipRanks’ AI Analyst, COHR is a Neutral.
Coherent Corp’s overall stock score reflects strong financial performance and positive earnings call guidance, despite valuation challenges and mixed technical indicators. Revenue growth and profitability improvements are key strengths, while high liabilities and market challenges pose risks. The stock’s overbought technical conditions and unattractive valuation affect the outlook.
To see Spark’s full report on COHR stock, click here.
More about Coherent Corp
YTD Price Performance: -21.58%
Average Trading Volume: 4,070,044
Technical Sentiment Signal: Strong Buy
Current Market Cap: $12.26B
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue
