COHR Coherent, Inc.

Stock NYSE Technology

US$289.83 +6.84% Latest close

Coherent, Inc. (COHR) trend channel, buy level and 3-month target on Trade The Path. Sector: Technology. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.

In the buy zone, rising on both timeframes

Price is sitting on the lower trend line β€” the level that has repeatedly held.

Read from the last 12 months of history we hold: rising, drifting more than +100% a year. The target of US$361.66 is below the nearest ceiling (US$657.26), so it does not depend on a breakout. What would overturn this: a close below US$235.55 β€” the floor of the channel being read β€” after which the trend, not the entry, is what was wrong.

12 months read from
US$235.68 – US$658.33 Rising channel, more than +100% a year
Position in that channel
13% 0% at the floor, 100% at the ceiling

What broke this trend

The fall
-48% from US$426.852 June 2026 β†’ 29 July 2026
Whose problem it was
This company2 of 6 Hardware, Equipment & Parts peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
30%of what it lost
What the record says
80% of 8 comparable falls came back, typically in 110 days measured on its own peer group

The trend broke in June 2026: price fell 48% from 426.85 to 222.19 by July 2026, and has regained 30% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: β€œMarvell Gets The Headlines β€” Coherent Stock Gets The All-Time High”. Falls like it have resolved: falls of about 48% here have come back to the old high 80% of the time (8 comparable falls), typically in 110 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 434.84 within 124 days, reached 80% of the time in 8 comparable falls β€” about 0.43% a day held.

Reported at the time: Marvell Gets The Headlines β€” Coherent Stock Gets The All-Time High β€” 2 June 2026

Price history, with the path projected 3 months forward

US$0.00US$200.0US$400.0US$600.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$278.2 Β· est. 28 Oct 26Our target US$361.7 Β· est. 1 Dec 26
  • Daily close
  • Upper trend line (12 months)
  • Lower trend line (12 months)
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$278.20

level as at 28 Oct 2026

Our target

US$361.66

by 1 Dec 2026

Projected move

30.0%

gross, before costs

Price sits between our buy level and our target.

The lines are drawn where this stock has actually turned: 3 touches on the ceiling, 3 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β€” the least a call has to be worth to be worth making, not what it aims at β€” 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own β€” its average, its volatility β€” but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β€” 58% against 71% β€” because it fits the past rather than the future. On this stock the setup has come up 9 times so far, reaching target 89% of the time β€” too few to mean much on its own. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches more than 30% above the entry within 90 days, and of the sizes that path supports, 30% is the one that has returned the most per day of money tied up here β€” measured over 146 stretches of this stock’s own history, since the published entry itself is too rare here to size a target from, reached 55% of the time, typically in 34 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β€” those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

Upper line touches
3
Lower line touches
3
Fit confidence
79%
Fitted
16 Sept 2026

About Coherent, Inc.

Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.

Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
James Robert Anderson
Employees
51,478
Country
US

https://www.coherent.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β€” that data is licensed and we do not redistribute it.

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$52.14B
Enterprise value
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Beta
2.10
Avg volume
6.19M
Revenue per share
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Dividend yield
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52-week range
100.63-440
Exchange
NYSE

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.