Coherent Corp. (COHR): a potential bargain?

Buy — this is a sector-wide AI-optics valuation reset, not a business breakdown; fundamentals (record bookings, 20%+ revenue growth) are intact.

🔥 HOT Fundamentals55/100

Fell 24% in 11 trading day(s) — now $299.38

Why COHR dropped

The crash isn't COHR-specific: it's part of a broad photonics/AI-optical-networking sell-off that also hit Lumentum, Applied Optoelectronics and other peers on no company news, plus some drag from a Russell index reshuffling. Its last earnings (reported May 6) actually beat estimates with revenue up 21% and record bookings/backlog stretching into 2028.

Fwd P/E 34.8Op margin 13.6%Rev growth 20.5%Debt/equity 31.1%Analyst upside 35.8%

How this scored 55/100

✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.

✅ Makes money Net profit margin 7.1%

✅ Generates cash Free cash flow $-198M

✅ Not drowning in debt Debt/equity 31.1% (limit 200%)

✅ Can pay its bills Current ratio 3.0 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 8/25

Operating margin 13.6% 5/9

Net profit margin 7.1% 3/8

Return on equity 4.7% 0/8

Growth Is it getting bigger, or dying? 18/25

Revenue growth 20.5% 8/9

Earnings growth unknown 2/8

Expected profit change 292.1% 8/8

Value Is it cheap right now? 12/25

Forward P/E 34.8 2/10

PEG ratio 0.9 7/8

Analyst target upside 35.8% 4/7

Balance sheet Will it survive? 17/25

Debt / equity 31.1% 9/10

Current ratio 3.0 8/8

Free cash flow $-198M 0/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-16. Research only — not financial advice.