Coherent Corp. (COHR)

Coherent Corp.'s stock has experienced significant movement, including a substantial year-to-date increase in 2025, outperforming its peers, but also a decrease earlier in the year due to a mixed macroeconomic environment. The company has delivered strong financial performance, including consecutive "double-beat" quarters, with notable revenue and EPS growth. Several firms raised their price targets for COHR following positive earnings news. Coherent announced an agreement to sell its Materials Processing Tools Product Division to reduce debt. The company introduced Axon FP, a fiber-delivered femtosecond laser, and unveiled the EDGE CUT20 OEM Cutting Solution. There have been recent insider stock sales by directors.

November has historically shown a high probability of positive stock returns for Coherent Corp. The company experiences demand fluctuations influenced by its diverse end markets. Strong demand exists for optical components in AI and data centers, and increased traction is expected for industrial lasers in manufacturing. The global optical network infrastructure and the need for compound semiconductor technology platforms in electronics also drive demand.

Coherent Corp. is an American manufacturer specializing in engineered materials, optoelectronic components and devices, and laser systems. The company operates in the Technology sector, focusing on Scientific & Technical Instruments, Hardware, Equipment & Parts, Optical Devices, and Semiconductor industries. Coherent's business is divided into three segments: Networking, which provides components for datacenter and communications applications; Materials, which offers engineered materials and laser components; and Lasers, which produces various laser systems for industrial applications and scientific research. The company was formerly known as II-VI Incorporated and changed its name in September 2022 after acquiring laser manufacturer Coherent, Inc.

Coherent Corp. is headquartered in Saxonburg, Pennsylvania, U.S., and has a global presence with facilities in 130 locations across more than 20 countries. Its operations span the Americas, Europe, and Asia-Pacific.

Coherent Corp. has a reputation for precision, reliability, and innovation in optical technologies. Its reputation has been positively influenced by strong financial performance, strategic focus on growth markets, and innovation. High valuation concerns and profitability challenges have been noted as factors weighing on its overall stock score.

Coherent Corp.'s ownership is primarily held by institutional investors, including Vanguard Group Inc., BlackRock, Inc., and Fmr Llc. Individual insiders hold a smaller percentage of the company's stock, with the general public and retail investors also holding a portion of the shares.