Coherent Corp. Joins S&P 500 Index Effective March 23, 2026

Coherent Corp. will be added to the S&P 500 index on March 23, 2026, reflecting its market strength and innovation.

Quiver AI Summary

Coherent Corp., a prominent player in the photonics industry, announced its upcoming inclusion in the S&P 500 index effective March 23, 2026. CEO Jim Anderson highlighted this achievement as recognition of the company's robust technology portfolio and the trust customers place in Coherent. The S&P 500, a key benchmark for large-cap U.S. equities, evaluates companies based on market capitalization and financial strength, among other factors. Coherent's admission underscores its strategic strength and role in advancing critical technologies, particularly in the context of AI data center infrastructure. Established in 1971 and operating globally, Coherent supports various industries with innovative solutions in data centers and communications.

Potential Positives

Coherent Corp. will join the S&P 500 index, marking a significant milestone that reflects the company's strong market capitalization and financial performance.
The inclusion in the S&P 500 enhances Coherent's visibility and credibility among investors and stakeholders.
This achievement underscores Coherent's strategic position and growth potential in the photonics industry, particularly in relation to AI data center infrastructure.
CEO Jim Anderson emphasizes that joining the index demonstrates the strength of the company's technology portfolio and customer trust, which could lead to increased shareholder value.

Potential Negatives

None

FAQ

When will Coherent Corp. join the S&P 500 index?

Coherent Corp. will join the S&P 500 index effective Monday, March 23, 2026.

What is the significance of Coherent joining the S&P 500?

Joining the S&P 500 signifies the strength of Coherent's team, technology portfolio, and customer trust.

What does Coherent Corp. do?

Coherent Corp. is a global leader in photonics, providing innovative optical interconnects and photonic solutions for various industries.

Why is Coherent's inclusion in the S&P 500 important?

Coherent's inclusion reflects its market capitalization, financial strength, and significant role in advancing critical technologies for innovation.

How long has Coherent been in operation?

Coherent was founded in 1971 and has been a leader in photonics for over 50 years.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$COHR Insider Trading Activity

$COHR insiders have traded $COHR stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.

Here’s a breakdown of recent trading of $COHR stock by insiders over the last 6 months:

CAPITAL INVESTORS LLC BAIN sold 7,500,000 shares for an estimated $1,075,275,000
GIOVANNI BARBAROSSA (EVP, General Management) has made 0 purchases and 3 sales selling 120,186 shares for an estimated $18,075,133.
JOSEPH J CORASANTI has made 0 purchases and 2 sales selling 24,720 shares for an estimated $4,421,239.
MICHAEL L DREYER sold 11,570 shares for an estimated $1,676,203
SHERRI R LUTHER (Chief Financial Officer) sold 4,000 shares for an estimated $870,954
STEPHEN A SKAGGS has made 0 purchases and 3 sales selling 6,000 shares for an estimated $840,000.
JULIE SHERIDAN ENG (Chief Technology Officer) sold 2,792 shares for an estimated $813,646
HOWARD H. XIA has made 0 purchases and 3 sales selling 3,000 shares for an estimated $498,360.
ENRICO DIGIROLOMO sold 2,831 shares for an estimated $381,760
MICHELLE M STERLING sold 2,000 shares for an estimated $329,022
ILARIA MOCCIARO (SVP, Finance) sold 1,377 shares for an estimated $224,051

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$COHR Revenue

$COHR had revenues of $1.7B in Q2 2026. This is an increase of 17.49% from the same period in the prior year.

You can track COHR financials on Quiver Quantitative's COHR stock page.

$COHR Congressional Stock Trading

Members of Congress have traded $COHR stock 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $COHR stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 0 purchases and 3 sales worth up to $150,000 on 02/04, 12/18.
REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/30 and 2 sales worth up to $30,000 on 10/31, 10/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$COHR Hedge Fund Activity

We have seen 479 institutional investors add shares of $COHR stock to their portfolio, and 404 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 10,755,793 shares (+83.7%) to their portfolio in Q4 2025, for an estimated $1,985,196,714
BAIN CAPITAL INVESTORS LLC added 9,775,846 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,804,327,896
WELLINGTON MANAGEMENT GROUP LLP removed 5,221,551 shares (-67.9%) from their portfolio in Q4 2025, for an estimated $963,741,668
JANE STREET GROUP, LLC added 3,509,546 shares (+5162.3%) to their portfolio in Q4 2025, for an estimated $647,756,905
ALYESKA INVESTMENT GROUP, L.P. removed 2,693,003 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $497,047,563
AMERIPRISE FINANCIAL INC removed 1,853,061 shares (-59.4%) from their portfolio in Q4 2025, for an estimated $342,019,468
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 1,841,168 shares (+inf%) to their portfolio in Q4 2025, for an estimated $339,824,377

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$COHR Analyst Ratings

Wall Street analysts have issued reports on $COHR in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 02/05/2026
JP Morgan issued a "Overweight" rating on 12/05/2025
Barclays issued a "Overweight" rating on 11/07/2025
Rosenblatt issued a "Buy" rating on 11/06/2025
Stifel issued a "Buy" rating on 11/06/2025
Susquehanna issued a "Positive" rating on 10/22/2025

To track analyst ratings and price targets for $COHR, check out Quiver Quantitative's $COHR forecast page.

$COHR Price Targets

Multiple analysts have issued price targets for $COHR recently. We have seen 8 analysts offer price targets for $COHR in the last 6 months, with a median target of $250.0.

Here are some recent targets:

Ryan Koontz from Needham set a target price of $330.0 on 03/04/2026
Tom O'Malley from Barclays set a target price of $350.0 on 03/03/2026
Meta Marshall from Morgan Stanley set a target price of $250.0 on 02/23/2026
Mike Genovese from Rosenblatt set a target price of $300.0 on 02/05/2026
Samik Chatterjee from JP Morgan set a target price of $245.0 on 02/05/2026
Ruben Roy from Stifel set a target price of $235.0 on 02/05/2026
Atif Malik from Citigroup set a target price of $250.0 on 01/26/2026

Full Release

SAXONBURG, Pa., March 09, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, today announced it will join the S&P 500 index, effective Monday, March 23.

Jim Anderson, CEO, said, “Joining the S&P 500 is a testament to the strength of our team, the power of our technology portfolio, and the trust our customers have placed in us. As optical interconnects and photonic solutions become foundational to scaling next-generation AI data center infrastructure, Coherent is uniquely positioned to drive innovation and deliver enhanced value to our shareholders.”

Regarded as the leading benchmark for U.S. large-cap equities, the S&P 500 tracks prominent companies across every major sector of the American economy. Admission is based on criteria including market capitalization, financial strength and industry representation. Coherent’s inclusion reflects the strength of its strategy, consistent execution and its growing role in enabling the critical technologies that drive global innovation.

About Coherent

Coherent is the global photonics leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth.

Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest, deepest technology stack; unmatched supply chain resilience; and global scale to help its customers solve their toughest technology challenges. For more information, please visit us at coherent.com.

Contact:

Paul Silverstein
Senior VP, Investor Relations
[email protected]