Coherent Corp.
COHRTechnologyNASDAQScientific & Technical Instruments · Last scanned Jul 18, 2026
Scan Results
Daily timeframeCoherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation. With a market capitalization of $54.31B, it sits in large-cap territory. It operates through three segments: Networking, Materials, and Lasers.
Market Cap
$54.31B
Beta
2.04
P/E (TTM)
131.56
P/E (Fwd)
33.68
EPS (TTM)
$2.11
EPS (Fwd)
$8.24
ROE
4.7%
ROA
3.1%
Cash
$2.42B
Total Debt
$3.43B
Free CF
-$197.6M
52W Change
178.7%
Annual Financials
Cash vs Debt
On the balance sheet, COHR has $2.42B in cash with $3.43B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$197.6M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 4.7% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $3.32B (2022) to $5.81B (2025), reflecting a 75% increase over the period.
Coherent Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. No single metric tells the full story. Reviewing COHR's risk profile alongside its fundamentals and technical indicators provides a more complete picture.