Coherent (COHR) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

COHR Stock Forecast


Coherent stock forecast is as follows: an average price target of $106.29 (represents a 8.83% upside from COHR’s last price of $97.67) and a rating consensus of 'Buy', based on 27 wall street analysts offering a 1-year stock forecast.

COHR Price Target


The average price target for Coherent (COHR) is $106.29 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $85.00. This represents a potential 8.83% upside from COHR's last price of $97.67.

COHR Analyst Ratings


Buy

According to 27 Wall Street analysts, Coherent's rating consensus is 'Buy'. The analyst rating breakdown for COHR stock is 0 'Strong Buy' (0.00%), 19 'Buy' (70.37%), 8 'Hold' (29.63%), 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
Nov 07, 2024Ananda BaruahLoop Capital Markets$120.00$93.0029.03%22.86%
Oct 22, 2024Mike GenoveseRosenblatt Securities$105.00$98.446.66%7.50%
Oct 18, 2024Dave KangB.Riley Financial$86.00$102.07-15.74%-11.95%
Oct 14, 2024James RicchiutiNeedham$120.00$104.6214.70%22.86%
Oct 04, 2024Vivek AryaBank of America Securities$108.00$94.2714.56%10.58%
Oct 01, 2024Christopher RollandSusquehanna$120.00$88.9134.97%22.86%
Aug 16, 2024Richard ShannonCraig-Hallum$85.00$74.3914.26%-12.97%
Aug 16, 2024James RicchiutiNeedham$84.00$73.9613.57%-14.00%
Aug 16, 2024Mike GenoveseRosenblatt Securities$84.00$74.0513.44%-14.00%
Aug 15, 2024Alex HendersonNeedham$70.00$71.53-2.14%-28.33%
Aug 12, 2024Vivek AryaBank of America Securities$75.00$66.7012.44%-23.21%
Apr 01, 2024Dave KangB.Riley Financial$77.00$60.6227.02%-21.16%
Apr 01, 2024James RicchiutiNeedham$72.00$60.6218.77%-26.28%
Jan 16, 2024Tom O'MalleyBarclays$60.00$45.1632.86%-38.57%
Dec 15, 2023Jim RicchiutiNeedham$52.00$43.4619.65%-46.76%
Oct 11, 2023James RicchiutiNeedham$50.00$34.7943.72%-48.81%
Jun 20, 2023Jim RicchiutiNeedham$64.00$54.7416.92%-34.47%
Dec 13, 2022Morgan Stanley$45.00$35.4127.08%-53.93%
Nov 28, 2022Deutsche Bank$50.00$36.8235.80%-48.81%
Jan 12, 2022Thomas O'MalleyBarclays$65.00$71.55-9.15%-33.45%
Jan 10, 2022Vivek AryaBank of America Securities$80.00$71.2412.30%-18.09%
Jan 04, 2022Richard ShannonCraig-Hallum$100.00$74.4934.25%2.39%
Dec 15, 2021Meta MarshallMorgan Stanley$82.00$70.5016.31%-16.04%
Dec 13, 2021Paul SilversteinCowen & Co.$94.00$66.5741.20%-3.76%
Nov 10, 2021Tim SavageauxNorthland Securities$75.00$64.0017.19%-23.21%
Sep 01, 2021Sidney HoDeutsche Bank$75.00$62.6619.69%-23.21%
Aug 11, 2021John MarchettiStifel Nicolaus$82.00$64.3827.37%-16.04%

The latest Coherent stock forecast, released on Nov 07, 2024 by Ananda Baruah from Loop Capital Markets, set a price target of $120.00, which represents a 29.03% increase from the stock price at the time of the forecast ($93.00), and a 22.86% increase from COHR last price ($97.67).

Coherent Price Target by Period


1M3M12M
# Anlaysts-614
Avg Price Target-$109.83$90.43
Last Closing Price$97.67$97.67$97.67
Upside/Downside-100.00%12.45%-7.41%

In the current month, the average price target of Coherent stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Coherent's last price of $97.67. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 18, 2024UBSBuyBuyHold
Nov 07, 2024Loop Capital MarketsBuyBuyHold
Oct 22, 2024Stifel NicolausBuyBuyHold
Oct 22, 2024BernsteinMarket 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
Aug 14, 2024BarclaysOverweightOverweightHold
Aug 12, 2024SusquehannaBuyBuyHold
Jul 17, 2024SusquehannaBuyBuyHold
Jul 17, 2024Raymond JamesUnderperformUnderperformHold
Jul 17, 2024SusquehannaNeutralNeutralHold
May 07, 2024SusquehannaBuyBuyHold
Apr 01, 2024SusquehannaBuyBuyHold
Apr 01, 2024NeedhamBuyBuyHold
Feb 07, 2024SusquehannaNeutralNeutralHold
Feb 07, 2024NeedhamBuyBuyHold
Jan 16, 2024Raymond JamesBuyBuyHold
Jan 16, 2024NeedhamUnderperformUnderperformHold
Jan 16, 2024BarclaysEqual-WeightOverweightUpgrade
Dec 15, 2023Telsey AdvisoryOverweightOverweightHold
Dec 15, 2023NeedhamBuyBuyHold
Dec 13, 2023Morgan StanleyOverweightEqual-WeightDowngrade
Dec 13, 2023Wells FargoOverweightEqual-WeightDowngrade
Oct 11, 2023NeedhamBuyBuyHold
Oct 11, 2023BarclaysBuyEqual-WeightDowngrade
Jul 05, 2023CitigroupNeutralBuyUpgrade
Jul 05, 2023Seaport GlobalBuyInitialise
Jul 05, 2023Piper SandlerNeutralDowngrade
Jul 05, 2023JefferiesBuyInitialise
Jul 05, 2023BMO CapitalMarket PerformDowngrade
Jul 05, 2023Hovde GroupMarket PerformDowngrade
Jul 05, 2023Raymond JamesOutperformMarket PerformDowngrade
Jul 05, 2023Exane BNP ParibasNeutralDowngrade
Jun 21, 2023Craig-HallumBuyInitialise
Jun 21, 2023Telsey AdvisoryOutperformOutperformHold
Jun 21, 2023EF HuttonBuyBuyHold
Jun 21, 2023OppenheimerOutperformOutperformHold
Jun 20, 2023NeedhamBuyBuyHold
May 11, 2023SusquehannaNeutralNeutralHold
May 11, 2023Morgan StanleyOverweightOverweightHold
May 11, 2023BarclaysBuyBuyHold
May 11, 2023Raymond JamesOutperformOutperformHold
Dec 13, 2022CitigroupNeutralInitialise
Dec 13, 2022Credit SuisseUnderperformInitialise
Dec 13, 2022B. Riley SecuritiesBuyInitialise
Dec 13, 2022Morgan StanleyOverweightUpgrade
Nov 28, 2022Wells FargoOverweightUpgrade
Nov 28, 2022Evercore ISIOutperformUpgrade
Nov 28, 2022Roth CapitalBuyInitialise
Nov 28, 2022Deutsche BankBuyUpgrade
Nov 11, 2022Bank of America SecuritiesBuyUpgrade
May 10, 2022Raymond JamesOutperformOutperformHold
Jan 03, 2022Raymond JamesOutperformUpgrade

Coherent's last stock rating was published by UBS on Nov 18, 2024. The company gave COHR a "Buy" rating, the same as its previous rate.

Coherent Financial Forecast


Coherent Revenue Forecast

Mar 25Dec 24Sep 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 01
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$1.40B$1.37B$1.35B$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
High Forecast$1.41B$1.38B$1.37B$1.29B$1.18B$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
Low Forecast$1.38B$1.34B$1.31B$1.24B$1.14B$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
# Analysts1212634713171919131415192016161510188181571987201310
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 $1.14B, and a high forecast of $1.18B. 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

Mar 25Dec 24Sep 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 01
# Analysts1212634713171919131415192016161510188181571987201310
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$222.64M$217.87M$214.37M$202.94M$104.78M$178.11M$167.61M$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
High Forecast$224.23M$219.46M$217.51M$205.92M$125.74M$179.70M$168.57M$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
Low Forecast$219.46M$212.34M$208.93M$197.79M$83.82M$174.93M$167.30M$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
Surprise %-----0.17%-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

Mar 25Dec 24Sep 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 01
# Analysts1212634713171919131415192016161510188181571987201310
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$115.22M$106.00M$236.80M$92.64M$51.11M$35.33M$18.59M$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
High Forecast$118.29M$112.15M$241.32M$94.40M$61.34M$39.94M$24.78M$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
Low Forecast$110.61M$101.39M$228.99M$89.58M$40.89M$32.26M$15.49M$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
Surprise %------0.76%-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 $18.59M, with a range of $15.49M to $24.78M. COHR's average Quarter net income forecast represents a 630.12% increase compared to the company's last Quarter net income of $2.55M (Mar 23).

Coherent SG&A Forecast

Mar 25Dec 24Sep 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 01
# Analysts1212634713171919131415192016161510188181571987201310
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$242.59M$237.39M$233.57M$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
High Forecast$244.32M$239.12M$237.00M$224.37M$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
Low Forecast$239.12M$231.36M$227.65M$215.51M$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
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

Mar 25Dec 24Sep 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 01
# Analysts1212634713171919131415192016161510188181571987201310
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$0.75$0.69$1.54$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
High Forecast$0.77$0.73$1.57$0.61$0.43$0.26$0.16$1.46$1.99$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
Low Forecast$0.72$0.66$1.49$0.58$0.41$0.21$0.10$1.38$1.89$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
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 $1.89 and a high estimate of $1.99. 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
CGNXCognex$36.57$48.7533.31%Buy
IPGPIPG Photonics$76.34$100.0030.99%Buy
MKSIMKS Instruments$109.90$128.8017.20%Buy
COHRCoherent$103.29$106.292.90%Buy
LITELumentum$88.92$59.13-33.50%Buy

COHR Forecast FAQ


Is Coherent a good buy?

Yes, according to 27 Wall Street analysts, Coherent (COHR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 19 'Buy' recommendations, accounting for 70.37% of COHR's total ratings.

What is COHR's price target?

Coherent (COHR) average price target is $106.29 with a range of $85 to $120, implying a 8.83% from its last price of $97.67. The data is based on 27 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Coherent stock go up soon?

According to Wall Street analysts' prediction for COHR stock, the company can go up by 8.83% (from the last price of $97.67 to the average price target of $106.29), up by 22.86% based on the highest stock price target, and down by -12.97% based on the lowest stock price target.

Can Coherent stock reach $150?

COHR's average twelve months analyst stock price target of $106.29 does not support the claim that Coherent can reach $150 in the near future.

What are Coherent's analysts' financial forecasts?

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 $4.67B, low $4.53B), average EBITDA is $653.44M (high $679.93M, low $623.84M), average net income is $197.67M (high $220.47M, low $178.22M), average SG&A $698.78M (high $724.99M, low $669.17M), and average EPS is $1.37 (high $1.46, low $1.3).

Did the COHR's actual financial results beat the analysts' financial forecasts?

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 $178.11M by -83.16%. Coherent's net income was $-27M, missing the average estimation of $35.33M by -176.41%. 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%