COHR Stock Recent News
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Coherent stock (NYSE:COHR), a prominent player in photonics technology, provides materials, photonics, and laser technologies to a variety of end markets, has decreased by nearly 23% year-to-date in 2025. This decline has been fueled by a mixed macroeconomic environment, somewhat cautious near-term forecasts from the company earlier this year, along with a broader market shift away from certain high-growth AI and tech stocks.
SAXONBURG, Pa., June 16, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the expansion of its industry-leading PowerMax™ sensor portfolio with two new innovations: the PM15K+ high-power laser sensor and a new backscatter shield option for the PM10K+.
SAXONBURG, Pa., June 13, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today launches the SES18-880A-190-10, a high-power 880 nm single-emitter laser diode on sub mount, designed specifically for high-efficiency, high-reliability pumping of diode-pumped solid-state (DPSS) lasers.
SAXONBURG, Pa., June 12, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in engineered materials, today announces the release of a groundbreaking diamond-loaded silicon carbide (SiC) ceramic composite, designed to tackle the thermal challenges of advanced AI datacenters and high-performance computing (HPC) systems.
I recommend COHR as a BUY with a $105 price target, driven by robust data center and AI infrastructure growth. Coherent is focusing on high-growth markets, expanding indium phosphide capacity, and sunsetting non-core assets to optimize its portfolio. Strong financial discipline is evident with debt reduction, inventory management, and restructuring, positioning Coherent for margin expansion.
Coherent's upside is driven by GenAI data center demand, strong market share, and respected management, despite leverage and competitive risks. Recent Q3 earnings and Investor Day reinforced the bullish thesis, with robust data center growth and manageable tariff impact. Financial modeling suggests potential for the stock to double by FY29, assuming continued execution and reasonable valuation multiples.
SAXONBURG, Pa., May 28, 2025 (GLOBE NEWSWIRE) -- Global photonics leader Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”) today detailed its long-term growth strategy, key areas of product and technology investment, and target long-term financial model at its 2025 Analyst and Investor Day at the New York Stock Exchange. Investors can access a webcast replay of the event and a copy of the presentation on the Company's Investor Relations website.
Both Palantir Technologies Inc. PLTR and Coherent Corp. COHR are major players in the AI and data infrastructure space.
Thermoelectric Generator Market worth $1.41 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 27, 2025 /PRNewswire/ -- The global thermoelectric generator market is expected to be valued at USD 1.03 billion in 2025 and is projected to reach USD 1.41 billion by 2030; it is expected to grow at a CAGR of 6.3% from 2025 to 2030 according to a new report by MarketsandMarkets™. The thermoelectric generator market is growing significantly due to rising demand for sustainable and energy-efficient power solutions. TEGs convert waste heat into electricity, helping industries reduce energy losses and lower carbon emissions. Advances in thermoelectric materials have improved efficiency, making TEGs more commercially viable. Increasing adoption in automotive, aerospace, industrial, and renewable energy sectors and supportive government policies promoting clean energy are driving the market growth. Additionally, expanding applications in remote power generation and IoT devices needing reliable off-grid power contribute to the market expansion. Download PDF Brochure:
Lasers are an often-overlooked technology with a broad array of applications in medicine, industrial settings, electronics, and more. The global market for laser technology is small but growing rapidly; valued at about $24 billion in 2024, it is expected to climb at a compound annual growth rate of 8% over a five-year period to reach close to $30 billion by 2029.