With a market cap of $45.9 billion, Coherent Corp. (COHR) is a global leader in photonics, delivering innovative photon-based technologies that power advancements in the datacenter, communications, and industrial markets. It combines a broad technology portfolio, resilient supply chain, and global scale to help customers solve complex technological challenges.
The Saxonburg, Pennsylvania-based company is slated to announce its fiscal Q1 2027 results after the market closes on Wednesday, Nov. 4. Ahead of the release, analysts predict COHR to report EPS of $1.78, a surge of 91.4% from $0.93 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in three of the past four quarters while missing on another occasion.
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For fiscal 2026, analysts expect Coherent to post EPS of $8.67, an increase of 79.5% from $4.83 in fiscal 2025.
www.barchart.com Shares of Coherent have climbed 100.9% over the past 52 weeks, surpassing the broader S&P 500 Index's ($SPX) 15.5% gain and the State Street Technology Select Sector SPDR ETF's (XLK) nearly 29% increase over the same period.
www.barchart.com Coherent reported Q4 2026 results on Aug. 12, with adjusted EPS of $1.74 and revenue of $2.05 billion, beating analysts’ estimates. The biggest growth driver was strong AI infrastructure demand, with its data center and communications segment revenue surging to $1.62 billion, alongside rising investment in optical transceivers and photonics products used in AI data centers.
Coherent also forecast fiscal Q1 2027 revenue of $2.2 billion - $2.4 billion and adjusted EPS of $1.85 - $2.05, above the expectations, supported by expanding production capacity and Nvidia’s $2 billion investment announced in March.
Analysts' consensus view on COHR stock remains bullish, with a "Strong Buy" rating overall. Out of 24 analysts covering the stock, 18 recommend a "Strong Buy," one "Moderate Buy," and five "Holds." This configuration is slightly more bullish than three months ago, with 17 analysts suggesting a "Strong Buy."
The average analyst price target is $404.54, indicating a potential upside of 73.7% from the current levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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