Coherent Corp. (COHR)
Coherent Corp. (COHR) specializes in manufacturing photonics and Laser-based solutions, providing integration and optical components for industries such as telecommunications, industrial, and aerospace. The company develops advanced laser and photonics technologies used in various applications including manufacturing, medical devices, and sensing systems.
Company News
Coherent Corp. showcased advanced optical communication technologies at ECOC 2025, including a 2D VCSEL Array, 100G ZR single-fiber module, and quantum-safe networking solutions for datacenters and telecommunications infrastructure.
Wolfspeed, a silicon carbide technology company, has filed for Chapter 11 bankruptcy, potentially positioning itself for future growth in an emerging market with projected 34% annual growth through 2034, despite current financial challenges.
Oracle announced massive cloud infrastructure expansion plans, potentially building 37 new data centers. Three technology stocks - Credo, Applied Optoelectronics, and Coherent - could benefit from increased demand for data center components and interconnect technologies.
Several large-cap stocks experienced significant declines last week, with CoreWeave, Coherent, Maplebear, and Applied Materials among the top losers due to various factors including post-IPO lock-up expiry, business unit sales, weak guidance, and regulatory investigations.
Coherent (COHR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.