Coherent Corp. (COHR): one to watch?

Fundamentals are genuinely strong (34% revenue growth, NVIDIA backing) but the stock is caught in a violent AI-optics sentiment swing, not a business breakdown — wait for clarity.

👀 WATCH Fundamentals65/100

Fell 21% in 10 trading day(s) — now $279.20

$440$26.3 peak $390 2023202420252026

Why COHR dropped

Coherent beat Q4 earnings (revenue up 34-42%, EPS beat) in mid-August, but the stock has been whipsawing wildly — up over 100% then giving much of it back — amid a sector-wide "AI photonics" selloff, profit-taking after a huge run, persistent insider selling, a new short-ETF product launching, and unresolved chatter about possible US restrictions on Chinese optical-transceiver imports; no single company-specific bad-news catalyst (fraud, lost customer, guidance cut) was found for the latest leg down.

Fwd P/E 20.0Op margin 11.8%Rev growth 33.7%Debt/equity 31.6%Analyst upside 49.0%
How this scored 65/100
✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.
✅ Makes money Net profit margin 11.3%
✅ Generates cash Free cash flow $-650M
✅ Not drowning in debt Debt/equity 31.6% (limit 200%)
✅ Can pay its bills Current ratio 2.4 (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? 10/25
Operating margin 11.8% 4/9
Net profit margin 11.3% 5/8
Return on equity 8.0% 1/8
Growth Is it getting bigger, or dying? 19/25
Revenue growth 33.7% 9/9
Earnings growth unknown 2/8
Expected profit change 237.7% 8/8
Value Is it cheap right now? 19/25
Forward P/E 20.0 6/10
PEG ratio 0.9 7/8
Analyst target upside 49.0% 6/7
Balance sheet Will it survive? 17/25
Debt / equity 31.6% 9/10
Current ratio 2.4 8/8
Free cash flow $-650M 0/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-08-31. Research only — not financial advice.