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Coherent Corp - COHR STOCK NEWS

Welcome to our dedicated page for Coherent news (Ticker: COHR), a resource for investors and traders seeking the latest updates and insights on Coherent stock.

Overview of Coherent Corp. (NYSE: COHR)

Coherent Corp. is a globally recognized leader in engineered materials, optoelectronic components, and laser technologies. Headquartered in Saxonburg, Pennsylvania, the company operates as a vertically integrated manufacturing powerhouse, delivering cutting-edge solutions for a wide range of industries, including industrial, communications, electronics, instrumentation, life sciences, and automotive. By combining advanced materials science with innovative photonics and laser technologies, Coherent empowers its customers to achieve breakthroughs in their respective fields.

Business Model and Key Segments

Coherent’s business model is built on vertical integration, which enables the company to control the entire value chain—from raw material production to the delivery of finished products. This approach ensures superior quality, cost efficiency, and scalability. The company operates through three primary segments:

  • Networking: This segment generates the majority of Coherent’s revenue and focuses on optical communication solutions, including silicon carbide (SiC) substrates, transceivers, and other components critical for AI-driven data centers and 5G networks.
  • Materials: Coherent develops advanced materials such as silicon carbide epitaxial wafers, indium phosphide (InP) devices, and engineered substrates. These materials are integral to power electronics, electric vehicles, renewable energy systems, and semiconductor manufacturing.
  • Lasers: The company’s laser technologies are widely used in industrial manufacturing, medical diagnostics, and scientific research. Products such as fiber lasers, femtosecond lasers, and thermoelectric coolers address diverse applications, from precision welding to nonlinear microscopy.

Market Relevance and Innovations

Coherent plays a pivotal role in enabling technological advancements across multiple high-growth markets. Its innovations in SiC wafers and InP devices are driving the adoption of electric vehicles and AI infrastructure. The company’s laser solutions, such as the ARM FL20D fiber laser and Chameleon Discovery LX, set new benchmarks in performance and efficiency for industries ranging from automotive to life sciences. Additionally, Coherent’s SHARP™ recycling technology and biochip innovations demonstrate its commitment to sustainability and healthcare advancements.

Competitive Landscape

In a competitive industry landscape, Coherent differentiates itself through its extensive vertical integration, robust R&D capabilities, and diverse product portfolio. While competitors may specialize in specific niches, Coherent’s ability to address end-to-end customer needs across multiple markets gives it a strategic advantage. The company’s focus on AI, renewable energy, and advanced sensing further positions it as a key player in emerging technologies.

Global Presence and Operational Excellence

With research, manufacturing, sales, and distribution facilities worldwide, Coherent maintains a strong global footprint. Its operations span North America, Europe, China, Japan, and other regions, enabling it to serve a diverse customer base effectively. The company’s commitment to operational excellence is evident in its continuous investments in modernizing facilities and enhancing production capabilities, such as its expansion of the 150 mm indium phosphide manufacturing line in Sherman, Texas.

Commitment to Sustainability and Innovation

Coherent is at the forefront of sustainable innovation, addressing critical challenges such as energy efficiency, recycling, and advanced diagnostics. Its SHARP™ technology for lithium-ion battery recycling and SiC solutions for power conversion highlight its dedication to reducing environmental impact while driving technological progress. By aligning its product development with global megatrends, Coherent ensures long-term relevance and value creation.

Conclusion

Coherent Corp. stands out as a versatile and innovative leader in materials, photonics, and laser technologies. By leveraging its vertical integration, global presence, and commitment to R&D, the company continues to deliver transformative solutions that address the evolving needs of industries worldwide. Its strategic focus on high-growth markets such as AI, electric vehicles, and renewable energy underscores its role as a key enabler of future technologies.

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Coherent Corp. (COHR) introduces dot projector modules for depth sensing in consumer electronics, robotics, and autonomous vehicles. The modules are based on 940 nm vertical-cavity surface-emitting lasers (VCSELs) and are designed to match various depth range and spatial resolution requirements of spot-assisted time-of-flight (TOF) 3D cameras. The product aims to lower the burden of optics design and system integration, shorten time to market, and offer scalability, supply-chain security, and leading quality. Coherent will showcase its products and innovations at Photonics West 2024 in San Francisco.
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Coherent Corp. (NYSE: COHR) has published its Environmental, Social, and Governance (ESG) Report 2023, setting a net-zero Scope 1 and Scope 2 greenhouse gas emissions target of FY2040. The report highlights the company's commitment to sustainability, diversity, and innovation, including obtaining over 50% of its global energy needs from renewable sources and launching initiatives for sustainable procurement and product development.
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Coherent Corp. (NYSE: COHR) introduces the 800G ZR/ZR+ transceiver in ultracompact QSFP-DD and OSFP form factors for optical communications networks. The transceivers leverage the 140 GBaud IC-TROSA, enabling direct connection to IP routers, eliminating the need for intermediary interfaces, and reducing capital and operational expenditures. The 800G transceiver supports multiple modulation formats and data rates between 200 Gbps and 800 Gbps, with alpha samples available in Q1 2024.
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Coherent Corp. (NYSE: COHR) announced a $1 billion investment by DENSO CORPORATION and Mitsubishi Electric Corporation in its silicon carbide semiconductor business. The investment will fund future capital and operating expenses for the business, with each company investing $500 million for a 12.5% non-controlling interest.
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Coherent Corp. (NYSE: COHR) will hold an Industrial Market Overview webcast on December 14, 2023, at 10:00 a.m. ET. The two-hour webcast is for investors, equity analysts, and the public, accessible at coherent.com/company/investor-relations/financial-webcasts. A replay will be available for a limited time.
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Coherent Corp. (NYSE: COHR) has announced its financial results for the first quarter fiscal year 2024. The results have been posted as a letter to shareholders on the company's website. A conference call will be held on November 7, 2023, to discuss the results. The letter provides detailed financial information and is designed to offer insight into the company's performance and outlook. The call will be recorded and a replay will be available.
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Coherent Corp. (NYSE: COHR) has won the 2023 Business Innovation Award from the Institute of Physics (IOP) for its Axon laser. The award was presented in a ceremony held on Oct. 30. The Axon laser represents ten years of technology evolution in lasers and dedication to supporting advances in biomedical research. Coherent previously received the IOP award in 2013 for its Chameleon laser.
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Coherent Corp. to release financial results for Q3 2023
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Mitsubishi Electric to invest $500 million in new SiC business with Coherent
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Coherent announces strategic investments in its silicon carbide business
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FAQ

What is the current stock price of Coherent (COHR)?

The current stock price of Coherent (COHR) is $55.13 as of April 22, 2025.

What is the market cap of Coherent (COHR)?

The market cap of Coherent (COHR) is approximately 8.8B.

What does Coherent Corp. specialize in?

Coherent Corp. specializes in engineered materials, optoelectronic components, and laser technologies, serving industries like communications, electronics, and life sciences.

How does Coherent generate revenue?

Coherent generates revenue through its three primary segments: Networking, Materials, and Lasers, with Networking being the largest contributor.

What industries does Coherent serve?

Coherent serves a wide range of industries, including industrial, communications, electronics, instrumentation, life sciences, automotive, and renewable energy.

What makes Coherent unique in its industry?

Coherent’s vertical integration, diverse product portfolio, and focus on high-growth markets like AI, electric vehicles, and renewable energy set it apart from competitors.

Where does Coherent operate globally?

Coherent operates globally with facilities in North America, Europe, China, Japan, and other regions, enabling it to serve a diverse customer base.

What is Coherent’s role in AI and renewable energy?

Coherent provides critical components like SiC wafers and transceivers for AI infrastructure and power electronics, supporting advancements in AI and renewable energy systems.

How does Coherent contribute to sustainability?

Coherent contributes to sustainability through innovations like SHARP™ battery recycling technology and energy-efficient SiC solutions for power conversion.

What are some of Coherent’s key product innovations?

Key innovations include the ARM FL20D fiber laser for precision welding, Chameleon Discovery LX for nonlinear microscopy, and CT-Series thermoelectric coolers for thermal management.

Who are Coherent’s competitors?

Coherent competes with companies in the photonics, semiconductor, and laser technology sectors, differentiating itself through vertical integration and a broad product portfolio.

What is Coherent’s strategic focus for the future?

Coherent focuses on high-growth markets like AI, electric vehicles, renewable energy, and advanced diagnostics, ensuring long-term relevance and innovation.
Coherent Corp

NYSE:COHR

COHR Rankings

COHR Stock Data

8.76B
153.06M
1.16%
94.89%
3.33%
Scientific & Technical Instruments
Optical Instruments & Lenses
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United States
SAXONBURG