Coherent (COHR)

• Market cap: $9.96B
• 1 day: 3.04%
• 5 days: 2.85%
• 1 month: -25.92%
• 3 months: -40.38%
• 6 months: -14.55%
• Year to date: -36.08%
• 1 year: 7.65%
• 5 years: 185.02%
• 10 years: 256.23%
• Sector: Industrials
• Industry: Optical Instruments & Lenses

About: Coherent Corp engaged in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics and instrumentation markets. The firm operates in three segments Networking, Materials, and Lasers Segment. It generates maximum revenue from Networking segment. The company geographically operates in North America. Europe, China, Japan and Rest of the world.

Employees: 26,157

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

217% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 47

50% more call options, than puts

Call options by funds: $392M | Put options by funds: $261M

17% more funds holding

Funds holding: 531 [Q3] → 622 (+91) [Q4]

8% more capital invested

Capital invested by funds: $12.5B [Q3] → $13.5B (+$950M) [Q4]

0.21% less ownership

Funds ownership: 92.34% [Q3] → 92.12% (-0.21%) [Q4]

21% less repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 216

31% less funds holding in top 10

Funds holding in top 10: 29 [Q3] → 20 (-9) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 24% upside
• Avg. target: $114 77% upside
• High target: $125 94% upside

7 analyst ratings

• positive: 4 57%
• neutral: 3 43%
• negative: 0 0%

Raymond James Simon Leopold 32% 1-year accuracy 6 / 19 met price target	71% upside $110	Outperform Maintained	6 Feb 2025
Morgan Stanley Meta Marshall 57% 1-year accuracy 16 / 28 met price target	79% upside $115	Equal-Weight Maintained	6 Feb 2025
B of A Securities Vivek Arya 46% 1-year accuracy 48 / 105 met price target	94% upside $125	Buy Maintained	6 Feb 2025
Rosenblatt Mike Genovese 41% 1-year accuracy 17 / 41 met price target	79% upside $115	Neutral Maintained	6 Feb 2025
Northland Capital Markets Tim Savageaux 31% 1-year accuracy 9 / 29 met price target	24% upside $80	Market Perform Maintained	6 Feb 2025