TORVANTA
Information Technology · S&P 500 · data as of 2026-10-05

COHR stock analysis: Coherent Corp.

Coherent Corp. (COHR) is an S&P 500 company in Electronic Components. It grades weakest on growth, value and profitability.

The model's view of COHR · subscribers

Where COHR ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with COHR · updated 2026-10-05 · from prices and SEC filings

COHR price performance

COHR against the S&P 500, one year
+0%+100%+200%+300%COHR +209%S&P 500 +18%2025-09-292026-10-05
Year to date+80.8%S&P 500 +14.5% · ahead by 66.3 pts
1 year+193.8%S&P 500 +17.0% · ahead by 176.7 pts
3 years+992.5%S&P 500 +89.3% · ahead by 903.2 pts
5 years+499.7%S&P 500 +91.3% · ahead by 408.4 pts

Total returns with dividends reinvested.

COHR factor grades

Each grade compares COHR with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D-ValueP/E 81.0x (sector 36.5x)FCF yield -1.6% (sector 3.0%)
D+GrowthRevenue growth +23% (sector +18%)
D-Profitability
B-Momentum12-month change +194%From 52-wk high -22%

COHR in plain numbers

COHR key statistics

SectorInformation Technology
IndustryElectronic Components
IndexS&P 500
Market value$65.3B
Revenue growth (y/y)+23%
Free-cash-flow yield-1.6%
Dividend yieldn/a
Next earnings (expected)2026-11-04
Valuation measures
Market value$65.3B
Enterprise value$67.4B
P/E (trailing)81.0x
Forward P/E (Torvanta estimate)81.0x
Price / sales9.2x
Price / book6.0x
EV / revenue9.5x
Financial highlights
Revenue, last 12 months$7.1B
Net income, last 12 months$805.0M
EPS, last 12 months (GAAP)$4.12
Gross margin37.5%
Net margin11.3%
Return on equity9.7%
Cash$1.2B
Total debt$3.2B
Debt / equity0.30x
Free cash flow, last 12 months-$1.0B
Current ratio2.43x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

COHR earnings trends

Revenue vs earnings
-$95.6M$439.7M$1.0B$1.5B$2.0BSep 2024 Revenue: $1.3BDec 2024 Revenue: $1.4BMar 2025 Revenue: $1.5BJun 2025 Revenue: $1.5BSep 2025 Revenue: $1.6BDec 2025 Revenue: $1.7BMar 2026 Revenue: $1.8BJun 2026 Revenue: $2.0BSep 2024 Net income: $25.9MDec 2024 Net income: $103.4MMar 2025 Net income: $15.7MJun 2025 Net income: -$95.6MSep 2025 Net income: $226.3MDec 2025 Net income: $146.7MMar 2026 Net income: $191.4MJun 2026 Net income: $240.5MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 1.9%Net margin: 7.2%Net margin: 1.0%Net margin: -6.3%Net margin: 14.3%Net margin: 8.7%Net margin: 10.6%Net margin: 11.8%-6%4%14%■ Revenue ■ Net income ━ Net margin
Earnings per share$-0.8$-0.3$0.2$0.7$1.2Sep 2024 EPS (GAAP, diluted): $-0.0Dec 2024 EPS (GAAP, diluted): $0.4Mar 2025 EPS (GAAP, diluted): $-0.1Jun 2025 EPS (GAAP, diluted): $-0.8Sep 2025 EPS (GAAP, diluted): $1.2Dec 2025 EPS (GAAP, diluted): $0.8Mar 2026 EPS (GAAP, diluted): $1.0Jun 2026 EPS (GAAP, diluted): $1.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Dec 2025 +73%

From the company's 10-Q and 10-K filings with the SEC.

Coherent Corp. financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$3.3B$5.2B$4.7B$5.8B$7.1B
Net income$234.8M-$259.5M-$156.2M$49.4M$805.0M
EPS (GAAP)$1.45$-2.93$-1.84$-0.53$4.12
Free cash flow$99.0M$198.0M$198.9M$192.8M-$1.0B

COHR earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-12$1.20n/a+34%-1.4%
2026-05-06$0.97n/a+21%-6.0%
2026-02-04$0.76+73%+17%-7.0%
2025-11-05$1.19n/a+17%+24.5%
2025-08-13$-0.82n/a+16%-21.7%
2025-05-07$-0.11n/a+24%+0.0%

About Coherent Corp.

HeadquartersSaxonburg, PA
Industry (SEC code)Optical Instruments & Lenses
Fiscal year endsJune 30
Incorporated inPA
Listed onNYSE
FormerlyII-VI INC

From the company's SEC registration record.

Companies similar to COHR

CompanyMarket valueP/ERevenue growthOperating margin12-month change
COHR Coherent Corp.$65.3B81.0x+23%n/a+194%
KEYS Keysight$65.4B52.6x+26%20.3%+122%compare
TEL TE Connectivity$63.4B21.4x+17%19.7%+1%compare
ALAB Astera Labs$62.9B179.4x+98%22.8%+81%compare
TER Teradyne$69.5B61.1x+58%30.2%+206%
NXPI NXP Semiconductors$61.1B23.2x+2%30.4%+8%
MPWR Monolithic Power$72.7B90.1x+29%28.7%+62%

All Information Technology stock ratings

Frequently asked questions

Is COHR stock a buy?

Torvanta does not tell individuals what to buy. Its grades for COHR are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is COHR's P/E ratio?

COHR trades at about 81.0 times its last 12 months of GAAP earnings reported to the SEC, and about 81.0 times Torvanta's own estimate of the next 12 months.

When does COHR report earnings next?

Based on its filing history, Torvanta expects Coherent Corp. to report around 2026-11-04.

How has COHR performed against the S&P 500?

Over the past year COHR returned +193.8%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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