Coherent Corp. (COHR) Stock Forecast Nov. 9, 2026
Analysis updated on Nov. 9, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Coherent Corp. (COHR) stock forecast summary
Our AI scores Coherent Corp. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Coherent Corp. is a large-cap company with a market capitalization of $37.76B. It ranks number 2 by market capitalization among the 7 Optical Instruments & Lenses issuers in our coverage with a current forecast.
For COHR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 358 forecast dates between 2022-08-22 and 2026-08-11 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 31.0%, measured on 401 forecast dates between 2022-08-22 and 2026-10-09. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, COHR included.
COHR price chart and AI forecast
How COHR ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Coherent Corp. (COHR) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Optical Instruments & Lenses peers listed below that report each metric.
Valuation & Market
| Metric | COHR | Rank |
|---|---|---|
| Market Cap | $37.76B | 2/7 |
| P/E Ratio | 39.92x | 1/5 |
| P/B Ratio | 7.25x | 2/7 |
| EPS | $4.83 | – |
| Book Value/Share | $26.60 | – |
| Revenue/Share | $40.38 | – |
| FCF/Share | $-9.36 | – |
Profitability & Margins
| Metric | COHR | Rank |
|---|---|---|
| Gross Margin | 38.2% | 4/5 |
| EBT Margin | 18.8% | 4/7 |
| Tax Rate | 4.7% | – |
Financial Health
| Metric | COHR | Rank |
|---|---|---|
| Current Ratio | 2.29x | 7/7 |
| Quick Ratio | 1.33x | 7/7 |
| D/E Ratio | 1.26x | 2/7 |
| Interest Coverage | 0.7x | 5/6 |
| Working Capital | $4.47B | 2/7 |
Cash Flow
| Metric | COHR | Rank |
|---|---|---|
| Operating Cash Flow | -$59M | 7/7 |
| Free Cash Flow | -$1.83B | – |
| Capital Spending | -$1.77B | – |
| OCF Growth YoY | -111.2% | 5/5 |
| FCF Growth YoY | -2585.4% | – |
| FCF/Sales | -23.2% | – |
| CapEx/Sales | 22.4% | – |
Operational Efficiency
| Metric | COHR | Rank |
|---|---|---|
| Receivables Turnover | 4.9x | – |
| Inventory Turnover | 1.5x | 4/6 |
| Fixed Assets Turnover | 2.0x | – |
| Days Sales Outstanding | 74 days | – |
| Days Inventory | 249 days | 3/6 |
| Payables Period | 187 days | 1/6 |
| Cash Conversion Cycle | 136 days | – |
Income Statement
| Metric | COHR | Rank |
|---|---|---|
| Total Revenue | $7.91B | – |
| R&D Expense | $805M | – |
| SG&A Expense | $1.10B | 2/6 |
| Cost of Goods Sold | $4.89B | 2/6 |
Dividend & Shareholder Information
| Metric | COHR | Rank |
|---|---|---|
| Shares Outstanding | 196M | – |
| EPS Growth | 580.3% | 1/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $7.92B | 54.7% of assets |
| Cash & Short-term Investments | $1.55B | 10.7% of assets |
| Accounts Receivable | $1.60B | 11.1% of assets |
| Inventory | $3.34B | 23.1% of assets |
| Total Liabilities | $6.54B | 45.2% of assets |
| Short-term Debt | $950M | 6.6% of assets |
COHR quarterly financials and insider trading
Coherent Corp. (COHR) industry peers
Companies classified under the same SEC industry code as Coherent Corp. (Optical Instruments & Lenses): 7 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Coherent Corp. (COHR) stock news
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Coherent Corp. (COHR) stock forecast FAQ
What is the Coherent Corp. (COHR) stock forecast?
Our AI scores Coherent Corp. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Coherent Corp. stock predictions?
For COHR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 358 forecast dates between 2022-08-22 and 2026-08-11 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 31.0%, measured on 401 forecast dates between 2022-08-22 and 2026-10-09. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Coherent Corp. forecasts updated?
Coherent Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 9, 2026.
Which companies are Coherent Corp.'s industry peers?
7 issuers in our coverage, COHR included, share the SEC industry code Optical Instruments & Lenses. The largest are: Kla Corp (KLAC), Nova Ltd. (NVMI), Camtek Ltd (CAMT), Syntec Optics Holdings, Inc. (OPTX), Optex Systems Holdings Inc (OPXS), Multisensor Ai Holdings, Inc. (MSAI).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.