The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

COHR

Concerning the House

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers transceivers, systems, subsystems, modules, components, optics, and semiconductor devices for datacenter and communications applications. The Materials segment provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products; and vertical-cavity surface-emitting laser, edge-emitting laser, pump lasers, high-power lasers for materials processing, and integrated circuit. The Laser segment offers excimer lasers, solid-state lasers, CO2 lasers, and laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems. It markets its products and services through direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.

United States · www.coherent.com

The Long Run

FY 2011–2025 · 14 years

LineLatestCAGRTrend
Revenue$5.16B+24.7%
Operating income$96.12M+3.8%
Net income-$156.15M+16.2%
Cash from ops$634.02M+18.0%
Quotation

$327.23

-28.41 (-8.0%)

52w hi$426.89
52w lo$86.55
Vol12.96M
As ofAug 13
The Verdict

Hold

Our score -0.19

Short-0.77
Medium+0.15
Long+0.30

computed 2026-08-13

By the Numbers

Coherent Corp.

Technology · Scientific & Technical Instruments

Market cap$64.02B
Enterprise value$70.92B
Trailing P/E79.23x
Forward P/E23.85x
EV / EBITDA53.98x
P / S (ttm)9.70x
Profit margin7.1%
Return on equity4.7%
Revenue growth+20.5%
Earnings growth
Debt / equity31.09
Risk Metrics
Beta vs SPX2.79
Corr SPX0.59
Annual vol77.0%
Annual ret+113.1%
Sharpe1.47
Max DD-54.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.18
Sector+0.15
Technical-0.01
Earnings+0.00
Sentiment-0.77

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$344.88$361.99$325.30$327.2312.96M
Aug 12$358.14$362.06$338.73$355.6412.45M
Aug 11$323.86$332.00$315.40$328.576.51M
Aug 10$383.19$386.50$325.00$325.159.85M
Aug 7$360.02$391.37$353.15$379.1311.26M