Coherent Stock News

Q1 REVENUE OF $2.37B, INCREASED 50% Y/Y AND 56% Y/Y ON A PRO FORMA BASIS Q1 GAAP GROSS MARGIN OF 39.1%, INCREASED 254 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 40.6%, INCREASED 184 bps Y/Y Q1 GAAP EPS OF $1.90, INCREASED $0.71 Y/Y; Q1 NON-GAAP EPS OF $2.09, INCREASED $0.93 Y/Y SAXONBURG, Pa., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global...

Coherent (COHR) has lost momentum in recent weeks, even as the artificial intelligence boom continues and its main rival, Lumentum, has surged. COHR is trading at $239, down 45% from its high for the year.

Now that investors have been able to dive further into Anthropic's IPO filing, they're seeing the same sorts of trends that helped buoy AI stocks for much of this year.

Tesla rose strongly Monday, moving above an aggressive entry. But Lumentum and Comfort Systems headlined five AI stocks leading the S&P 500 index.

SAXONBURG, Pa., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), the global leader in photonics, is proud to announce its inclusion in the America's Growth Leaders 2027 list, a distinguished ranking honoring companies demonstrating exceptional growth performance, financial stability, and stock performance.

The S&P 500's strong overall performance reflects its heavy weighting at the top. Under the surface, more than a third of the index's stocks are down at least 20% from their 52-week highs.

The sharp moves could partly be a reaction to recent cautious commentary on AI spending.