Bernstein started coverage, but Coherent stock fell 3.39 percent
Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coherent (ISIN US19247G1076) was trading at EUR 288.15 at Lang & Schwarz on October 8, 2026 at 3:06 p.m. CEST, down 3.39 percent versus the prior close of EUR 298.25. On September 30, 2026, Bernstein had initiated coverage with an Outperform rating and a USD 350.00 price target, according to Markets Insider.
Three dates define the setup
On August 14, 2026, Coherent's fiscal fourth-quarter release showed USD 2.05 billion in revenue, according to Investing.com. On September 22, 2026, Coherent and Cubiq Technologies presented a quantum-key-distribution demonstration using a QSFP-28 pluggable at ECOC 2026, as Telecompaper reported. On September 30, 2026, Bernstein initiated coverage at Outperform with a USD 350.00 target, according to Markets Insider.
Growth is concentrated in datacenter optics
In fiscal 2026, Coherent generated USD 7.12 billion in revenue, up 22.50 percent from fiscal 2025, according to AlphaStreet. Datacenter and Communications revenue reached USD 5.27 billion, up 40.20 percent year over year, while Industrial revenue fell 10.20 percent to USD 1.84 billion in the same fiscal year, the report said.
What supports the AI optics case?
Coherent's Q1 fiscal 2027 guidance calls for revenue of USD 2.20 billion to USD 2.40 billion and non-GAAP earnings per share of USD 1.85 to USD 2.05, according to AlphaStreet. The same report said fiscal 2026 operating cash flow fell to USD 79.50 million from USD 633.60 million in fiscal 2025 as the company invested USD 1.10 billion in capital expenditures, making cash conversion a key counterweight to the revenue growth.
Stock trades below the prior close
At Lang & Schwarz, Coherent stock was trading at EUR 288.15 on October 8, 2026 at 3:06 p.m. CEST, down 3.39 percent versus the Lang & Schwarz prior close of EUR 298.25 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Coherent stock.
Coherent market data
- Company: Coherent, Inc.
- ISIN: US19247G1076
- Ticker: COHR
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 8, 2026, 3:06 p.m. CEST): EUR 288.15
- Change versus prior close: minus 3.39 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 298.25
- Market capitalization: USD 65.5 billion (as of October 7, 2026)
- 52-week range: USD 108.19-440.00 (as of October 7, 2026)
- Sector / Industry: Technology / Scientific and Technical Instruments
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
