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CO

Coherent Corp.

COHRTechnologyNASDAQ

Scientific & Technical Instruments

PriceMA150MA200
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Indicator snapshot
MA150+60.73%
$234.52

Price above medium-term moving average.

MA200+86.66%
$201.95

Above long-term trend line.

RSI-14neutral
58.8

Balanced. Not overbought, not oversold.

MACDnegative
-1.5708

Histogram negative — downward momentum.

Financials · Annual
Revenue
$5.81B
+23.4% YoY
Net Income
$49.4M
+131.6% YoY
EBITDA
$891.0M
+27.2% YoY
Free Cash Flow
-$197.6M

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Daily timeframe
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About Coherent Corp.

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. At a $73.75B market cap, Coherent Corp. ranks as a large-cap company within technology. It operates through three segments: Networking, Materials, and Lasers.

Key stats
Market Cap$73.75B
P/E (TTM)178.65
Fwd P/E46.56
EPS$2.11
Beta2.05
52W Change+398.4%
ROE4.7%
Analysis

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. Free cash flow is running at -$197.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 4.7%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.

With a beta above 1.5, COHR tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Coherent Corp. and its sector.

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