Coherent (COHR) Stock Forecast, Price Target & Predictions


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COHR Stock Forecast


Coherent stock forecast is as follows: an average price target of $85.83 (represents a -5.59% downside from COHR’s last price of $90.91) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.

COHR Price Target


The average price target for Coherent (COHR) is $85.83 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $45.00. This represents a potential -5.59% downside from COHR's last price of $90.91.

COHR Analyst Ratings


Buy

According to 25 Wall Street analysts, Coherent's rating consensus is 'Buy'. The analyst rating breakdown for COHR stock is 0 'Strong Buy' (0.00%), 17 'Buy' (68.00%), 8 'Hold' (32.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Coherent Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Mike GenoveseRosenblatt Securities$105.00$98.446.66%15.50%
Oct 18, 2024Dave KangB.Riley Financial$86.00$102.07-15.74%-5.40%
Oct 14, 2024James RicchiutiNeedham$120.00$104.6214.70%32.00%
Oct 04, 2024Vivek AryaBank of America Securities$108.00$94.2714.56%18.80%
Oct 01, 2024Christopher RollandSusquehanna$120.00$88.9134.97%32.00%
Aug 16, 2024Richard ShannonCraig-Hallum$85.00$74.3914.26%-6.50%
Aug 16, 2024James RicchiutiNeedham$84.00$73.9613.57%-7.60%
Aug 16, 2024Mike GenoveseRosenblatt Securities$84.00$74.0513.44%-7.60%
Aug 15, 2024Alex HendersonNeedham$70.00$71.53-2.14%-23.00%
Aug 12, 2024Vivek AryaBank of America Securities$75.00$66.7012.44%-17.50%
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The latest Coherent stock forecast, released on Oct 22, 2024 by Mike Genovese from Rosenblatt Securities, set a price target of $105.00, which represents a 6.66% increase from the stock price at the time of the forecast ($98.44), and a 15.50% increase from COHR last price ($90.91).

Coherent Price Target by Period


1M3M12M
# Anlaysts31014
Avg Price Target$103.67$93.70$85.57
Last Closing Price$90.91$90.91$90.91
Upside/Downside14.04%3.07%-5.87%

In the current month, the average price target of Coherent stock is $103.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 14.04% increase as opposed to Coherent's last price of $90.91. This month's average price target is up 10.64% compared to last quarter, and up 21.15% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Stifel NicolausBuyBuyHold
Oct 22, 2024Bernstein-Market PerformDowngrade
Oct 18, 2024B. RileyBuyNeutralDowngrade
Oct 14, 2024NeedhamBuyBuyHold
Oct 01, 2024SusquehannaBuyPositiveUpgrade
Aug 16, 2024Craig-HallumBuyBuyHold
Aug 16, 2024B. RileyBuyBuyHold
Aug 16, 2024BenchmarkBuyBuyHold
Aug 16, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 15, 2024NeedhamBuyBuyHold
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Coherent's last stock rating was published by Stifel Nicolaus on Oct 22, 2024. The company gave COHR a "Buy" rating, the same as its previous rate.

Coherent Financial Forecast


Coherent Revenue Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Sep 16Sep 15Mar 14Mar 13Mar 12Mar 11Sep 10Mar 09Mar 08Dec 07Sep 05Sep 04Jun 03Mar 02Mar 01Jun 00Sep 99
Revenue---$1.13B-$1.24B$1.37B$827.72M$783.23M$627.04M$342.50M$294.75M$244.99M$221.52M$189.21M$173.56M$145.17M$132.59M$130.00M$120.13M$64.11M---------
Avg Forecast$1.31B$1.28B$1.17B$1.12B$1.05B$510.82M$436.80M$464.38M$330.14M$249.90M$340.44M$498.23M$354.51M$228.92M$164.33M$189.48M$219.29M$219.78M$188.80M$180.50M$1.16B$150.33M$175.67M$124.88M$101.23M$297.60M$84.51M$136.25M$91.39M$104.26M
High Forecast$1.31B$1.28B$1.17B$1.13B$1.06B$612.98M$524.16M$557.25M$396.17M$299.87M$408.52M$597.88M$425.42M$274.71M$197.19M$227.38M$263.15M$263.74M$226.56M$216.60M$1.39B$180.40M$210.80M$149.86M$121.48M$357.12M$101.42M$163.50M$109.67M$125.11M
Low Forecast$1.31B$1.28B$1.17B$1.10B$1.05B$408.65M$349.44M$371.50M$264.11M$199.92M$272.35M$398.58M$283.61M$183.14M$131.46M$151.59M$175.43M$175.82M$151.04M$144.40M$927.52M$120.27M$140.54M$99.90M$80.99M$238.08M$67.61M$109.00M$73.11M$83.41M
# Analysts11547131719191314151920161615101881815719872013101712
Surprise %---1.01%-2.43%3.14%1.78%2.37%2.51%1.01%0.59%0.69%0.97%1.15%0.92%0.66%0.60%0.69%0.67%0.06%---------

Coherent's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.17B, with a low forecast of $1.17B, and a high forecast of $1.17B. COHR's average Quarter revenue forecast represents a 3.14% increase compared to the company's last Quarter revenue of $1.13B (Dec 23).

Coherent EBITDA Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Sep 16Sep 15Mar 14Mar 13Mar 12Mar 11Sep 10Mar 09Mar 08Dec 07Sep 05Sep 04Jun 03Mar 02Mar 01Jun 00Sep 99
# Analysts11547131719191314151920161615101881815719872013101712
EBITDA---$30.00M-$70.44M$4.55M$106.53M$174.50M$99.89M$55.79M$56.16M$46.13M$39.98M$36.09M$23.63M$30.16M$28.01M$30.55M$33.62M$11.05M---------
Avg Forecast$112.50M$109.59M$104.78M$96.18M$90.51M$95.25M$55.53M$86.60M$-134.96M$-348.86M$51.88M$131.42M$78.42M$49.82M$30.54M$28.81M$30.77M$33.10M$40.09M$23.53M$-704.45K$20.20M$18.09M$14.89M$15.90M$5.37M$9.38M$25.71M$17.60M$12.27M
High Forecast$112.50M$109.59M$125.74M$97.04M$91.03M$114.31M$66.63M$103.91M$-107.96M$-279.08M$62.25M$157.70M$94.10M$59.79M$36.64M$34.57M$36.93M$39.72M$48.11M$28.23M$-563.56K$24.24M$21.71M$17.86M$19.08M$6.45M$11.25M$30.86M$21.12M$14.72M
Low Forecast$112.50M$109.59M$83.82M$94.46M$90.34M$76.20M$44.42M$69.28M$-161.95M$-418.63M$41.50M$105.13M$62.73M$39.86M$24.43M$23.05M$24.62M$26.48M$32.07M$18.82M$-845.35K$16.16M$14.47M$11.91M$12.72M$4.30M$7.50M$20.57M$14.08M$9.82M
Surprise %---0.31%-0.74%0.08%1.23%-1.29%-0.29%1.08%0.43%0.59%0.80%1.18%0.82%0.98%0.85%0.76%1.43%-15.69%---------

4 analysts predict COHR's average Quarter EBITDA for Mar 24 to be $104.78M, with a high of $125.74M and a low of $83.82M. This is 249.27% upper than Coherent's previous annual EBITDA (Dec 23) of $30.00M.

Coherent Net Income Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Sep 16Sep 15Mar 14Mar 13Mar 12Mar 11Sep 10Mar 09Mar 08Dec 07Sep 05Sep 04Jun 03Mar 02Mar 01Jun 00Sep 99
# Analysts11547131719191314151920161615101881815719872013101712
Net Income---$-27.00M-$2.55M$-45.07M$49.00M$81.09M$5.92M$24.64M$30.10M$22.43M$16.29M$17.21M$8.53M$15.87M$13.99M$23.12M$18.37M$6.74M---------
Avg Forecast$94.61M$92.02M$51.11M$35.10M$18.46M$46.47M$34.51M$42.24M$-121.07M$-346.41M$18.77M$67.55M$33.75M$28.17M$19.78M$14.52M$16.31M$18.10M$22.20M$10.67M$-15.64M$5.87M$5.54M$4.92M$6.43M$-3.45M$2.50M$15.43M$9.00M$5.78M
High Forecast$103.77M$92.02M$61.34M$39.68M$24.62M$55.76M$41.41M$50.69M$-96.86M$-277.13M$22.53M$81.06M$40.50M$33.80M$23.73M$17.42M$19.57M$21.72M$26.64M$12.81M$-12.51M$7.05M$6.65M$5.91M$7.72M$-2.76M$3.00M$18.52M$10.80M$6.93M
Low Forecast$91.56M$92.02M$40.89M$32.05M$15.39M$37.17M$27.61M$33.79M$-145.28M$-415.69M$15.02M$54.04M$27.00M$22.53M$15.82M$11.61M$13.05M$14.48M$17.76M$8.54M$-18.76M$4.70M$4.43M$3.94M$5.15M$-4.14M$2.00M$12.34M$7.20M$4.62M
Surprise %----0.77%-0.05%-1.31%1.16%-0.67%-0.02%1.31%0.45%0.66%0.58%0.87%0.59%0.97%0.77%1.04%1.72%-0.43%---------

Coherent's average Quarter net income forecast for Sep 23 is $18.46M, with a range of $15.39M to $24.62M. COHR's average Quarter net income forecast represents a 625.24% increase compared to the company's last Quarter net income of $2.55M (Mar 23).

Coherent SG&A Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Sep 16Sep 15Mar 14Mar 13Mar 12Mar 11Sep 10Mar 09Mar 08Dec 07Sep 05Sep 04Jun 03Mar 02Mar 01Jun 00Sep 99
# Analysts11547131719191314151920161615101881815719872013101712
SG&A---$209.00M-$226.39M$274.15M$118.01M$131.24M$82.13M$60.13M$53.09M$43.29M$42.08M$36.31M$33.85M$27.22M$23.33M$23.29M$22.73M$13.55M---------
Avg Forecast$226.99M$221.12M$100.96M$194.07M$182.63M$91.78M$106.92M$83.44M$55.60M$50.70M$62.85M$79.80M$58.50M$41.30M$26.12M$37.28M$40.61M$39.64M$36.48M$35.41M$48.04M$36.00M$45.75M$27.70M$20.24M$38.16M$19.42M$28.88M$38.16M$27.31M
High Forecast$226.99M$221.12M$121.15M$195.80M$183.68M$110.14M$128.30M$100.13M$66.72M$60.84M$75.42M$95.76M$70.19M$49.57M$31.34M$44.74M$48.74M$47.57M$43.78M$42.50M$57.65M$43.20M$54.90M$33.25M$24.29M$45.79M$23.31M$34.66M$45.79M$32.77M
Low Forecast$226.99M$221.12M$80.77M$190.60M$182.29M$73.43M$85.53M$66.75M$44.48M$40.56M$50.28M$63.84M$46.80M$33.04M$20.90M$29.82M$32.49M$31.71M$29.18M$28.33M$38.44M$28.80M$36.60M$22.16M$16.19M$30.52M$15.54M$23.11M$30.53M$21.85M
Surprise %---1.08%-2.47%2.56%1.41%2.36%1.62%0.96%0.67%0.74%1.02%1.39%0.91%0.67%0.59%0.64%0.64%0.28%---------

Coherent's average Quarter SG&A projection for Mar 24 is $100.96M, based on 4 Wall Street analysts, with a range of $80.77M to $121.15M. The forecast indicates a -51.69% fall compared to COHR last annual SG&A of $209.00M (Dec 23).

Coherent EPS Forecast

Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Mar 17Sep 16Sep 15Mar 14Mar 13Mar 12Mar 11Sep 10Mar 09Mar 08Dec 07Sep 05Sep 04Jun 03Mar 02Mar 01Jun 00Sep 99
# Analysts11547131719191314151920161615101881815719872013101712
EPS---$-0.38-$-0.24$-0.33$0.30$0.71$0.07$0.38$0.48$0.36$0.26$0.28$0.14$0.26$0.22$0.37$0.30$0.11---------
Avg Forecast$0.62$0.60$0.42$0.23$0.12$1.43$1.95$1.43$0.88$0.43$1.33$3.61$1.97$1.39$0.71$0.74$0.87$0.93$0.73$0.69$0.19$0.26$0.33$0.26$0.13$-0.05$0.05$0.43$0.30$0.19
High Forecast$0.68$0.60$0.42$0.26$0.16$1.43$1.95$1.43$1.06$0.52$1.60$4.33$2.36$1.67$0.85$0.89$1.04$1.12$0.88$0.83$0.23$0.31$0.40$0.31$0.16$-0.04$0.06$0.52$0.36$0.23
Low Forecast$0.60$0.60$0.42$0.21$0.10$1.43$1.95$1.43$0.70$0.34$1.06$2.89$1.58$1.11$0.57$0.59$0.70$0.74$0.58$0.55$0.15$0.21$0.26$0.21$0.10$-0.05$0.04$0.34$0.24$0.15
Surprise %----1.65%--0.17%-0.17%0.21%0.81%0.16%0.29%0.13%0.18%0.19%0.39%0.19%0.30%0.24%0.51%0.43%0.58%---------

According to 19 Wall Street analysts, Coherent's projected average Quarter EPS for Dec 22 is $1.95, with a low estimate of $1.95 and a high estimate of $1.95. This represents a 551.31% increase compared to COHR previous annual EPS of $0.30 (Mar 22).

Coherent Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
IPGPIPG Photonics$80.57$123.0052.66%Buy
MKSIMKS Instruments$99.57$143.0943.71%Buy
CGNXCognex$40.85$50.5023.62%Buy
LITELumentum$64.17$74.6016.25%Buy
COHRCoherent$90.91$85.83-5.59%Buy

COHR Forecast FAQ


Yes, according to 25 Wall Street analysts, Coherent (COHR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 68.00% of COHR's total ratings.

Coherent (COHR) average price target is $85.83 with a range of $45 to $120, implying a -5.59% from its last price of $90.91. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for COHR stock, the company can go down by -5.59% (from the last price of $90.91 to the average price target of $85.83), up by 32.00% based on the highest stock price target, and down by -50.50% based on the lowest stock price target.

COHR's average twelve months analyst stock price target of $85.83 does not support the claim that Coherent can reach $140 in the near future.

3 Wall Street analysts forecast a $103.67 price target for Coherent (COHR) this month, up 14.04% from its last price of $90.91. Compared to the last 3 and 12 months, the average price target increased by 3.07% and decreased by -5.87%, respectively.

Coherent's analysts financial forecasts for the fiscal year (Jun 2003) are as follows: average revenue is $297.6M (high $357.12M, low $238.08M), average EBITDA is $5.37M (high $6.45M, low $4.3M), average net income is $-3.45M (high $-2.76M, low $-4.14M), average SG&A $38.16M (high $45.79M, low $30.52M), and average EPS is $-0.05 (high $-0.04, low $-0.05). COHR's analysts financial forecasts for the fiscal year (Jun 2024) are as follows: average revenue is $4.62B (high $4.63B, low $4.59B), average EBITDA is $401.06M (high $423.39M, low $378.22M), average net income is $196.69M (high $217.65M, low $180.34M), average SG&A $698.78M (high $721.75M, low $674.78M), and average EPS is $1.37 (high $1.44, low $1.33).

In terms of the last quarterly report (Dec 2023), Coherent's revenue was $1.13B, beating the average analysts' forecast of $1.12B by 0.98%. The company's EBITDA was $30M, missing the average prediction of $96.18M by -68.81%. Coherent's net income was $-27M, missing the average estimation of $35.1M by -176.93%. The company's SG&A was $209M, beating the average forecast of $194.07M by 7.69%. Lastly, the company's EPS was $-0.38, missing the average prediction of $0.23 by -265.22%