These Analysts Revise Their Forecasts On Coherent

Coherent Corp.COHRannounced the sale of its aerospace and defense business for $400 millionand released its fourth-quarter results after Wednesday’s closing bell.Coherent said it will sell its aerospace and defense business to private equity firm Advent for $400 million. The company added that proceeds from the sale will be used to reduce debt, which will be immediately accretive to Coherent's EPS.Coherent reported quarterly earnings of $1 per share, which beat the analyst consensus estimate of 91 cents. Quarterly revenue came in at $1.52 billion, which beat the analyst consensus estimate of $1.5 billion and is up from revenue of $1.31 billion from the same period last year."We delivered a strong fiscal 2025 with revenue growth of 23% and non-GAAP EPS expansion of 191%. We believe we are well-positioned to continue to drive strong revenue and profit growth over the long-term given our exposure to key growth drivers such as AI datacenters," said Jim Anderson, CEO.Coherent shares fell 20.8% to trade at $90.32 on Thursday.These analysts made changes to their price targets on Coherent following earnings announcement.Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100.Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get StartedB of A Securities analyst Vivek Arya downgraded Coherent from Buy to Neutral and raised the price target from $92 to $105.Stifel analyst Ruben Roy maintained the stock with a Buy and raised the price target from $100 to $118.Rosenblatt analyst Mike Genovese maintained Coherent with a Buy and lowered the price target from $150 to $135.Barclays analyst Tom O’Malley maintained the stock with an Overweight rating and raised the price target from $90 to $110.Morgan Stanley analyst Meta Marshall maintained Coherent with an Equal-Weight rating and lowered the price target from $97 to $89Considering buying COHR stock? Here’s what analysts think:Read This Next:Top 2 Tech & Telecom Stocks That May Fall Off A Cliff In Q3Photo via ShutterstockLoading...Loading...COHRCoherent Corp$90.23-20.9%Stock Score Locked: Edge Members OnlyBenzinga Rankings give you vital metrics on any stock – anytime.Unlock RankingsEdge RankingsMomentum90.69Growth31.29Quality81.89Value14.57Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .EarningsAnalyst RatingsOptionsDividendsIPOsDate▲▼ticker▲▼name▲▼Actual EPS▲▼EPS Surprise▲▼Actual Rev▲▼Rev Surprise▲▼Click to see moreEarningsupdatesEarnings CalendarNever Miss Important CatalystsSort by estimates, projected upside, profit surprises, and more to easily find new stocks to invest in or check up on your portfolio.Click to JoinPosted In:EarningsNewsPrice TargetMarketsAnalyst RatingsTrading IdeasPT Changes