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Coherent shares rise as AI-optics rebound meets strong company backdrop

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Coherent Corp. (COHR) is up 6.5% today. Here is some analysis on what might have caused this price movement. ([stockanalysis.com](https://stockanalysis.com/stocks/cohr/))

Analysis: The move appears to be driven more by a rebound in optical and AI-networking stocks than by a single fresh same-day company announcement. Coherent still has a supportive backdrop from its recent beat-and-raise quarter, AI-related manufacturing expansion, and an upcoming product unveiling, which could be drawing buyers back after the sector’s recent pullback. ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/ciena-rises-4-optics-selloff-155953305.html?utm_source=openai))

Details:

  • Coherent reported fiscal fourth-quarter 2026 revenue of $2.05 billion and non-GAAP EPS of $1.74 on August 12, while guiding the next quarter above prior expectations. ([ir.coherent.com](https://ir.coherent.com/news-events/financial-releases))
  • In June, the company announced a CHIPS-related letter of intent for $50 million to expand a Texas manufacturing facility tied to optical networking technology used in AI datacenters. ([ir.coherent.com](https://ir.coherent.com/news-events/financial-releases))
  • Coherent said it plans to unveil its PhotonLink platform on September 21, 2026, with the product aimed at integrated optics applications including co-packaged and near-packaged optics. ([coherent.com](https://www.coherent.com/news/press-releases/unveil-photonlink-platform-at-ecoc-2026))
  • Recent trading in the group suggests part of today’s gain could be a sentiment rebound after a broader selloff in optical peers, rather than a new standalone catalyst specific to Coherent. ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/ciena-rises-4-optics-selloff-155953305.html?utm_source=openai))
  • Sources:

    Coherent Corp., Stock Analysis, Yahoo Finance

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $COHR Insider Trading Activity

    $COHR insiders have traded $COHR stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.

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

    • JULIE SHERIDAN ENG (Chief Technology Officer) has made 0 purchases and 2 sales selling 13,077 shares for an estimated $3,583,080.
    • SHERRI R LUTHER (Chief Financial Officer) has made 0 purchases and 4 sales selling 8,000 shares for an estimated $2,726,600.
    • ENRICO DIGIROLOMO has made 0 purchases and 2 sales selling 7,587 shares for an estimated $2,255,308.
    • HOWARD H. XIA has made 0 purchases and 4 sales selling 2,000 shares for an estimated $709,000.
    • STEPHEN A SKAGGS sold 2,272 shares for an estimated $629,061
    • LISA NEAL-GRAVES sold 2,200 shares for an estimated $590,524
    • ROBERT P BEARD (Chief Strategy & Legal Officer) sold 500 shares for an estimated $154,660

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

    $COHR Hedge Fund Activity

    We have seen 825 institutional investors add shares of $COHR stock to their portfolio, and 558 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • FMR LLC removed 11,648,157 shares (-51.4%) from their portfolio in Q2 2026, for an estimated $4,594,848,491
    • BAIN CAPITAL INVESTORS LLC removed 9,775,846 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,328,704,275
    • CAPITAL INTERNATIONAL INVESTORS added 3,600,561 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,420,313,297
    • WT ASSET MANAGEMENT LTD removed 2,676,129 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,055,652,606
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,178,959 shares (+inf%) to their portfolio in Q2 2026, for an estimated $859,533,956
    • JPMORGAN CHASE & CO added 1,691,694 shares (+inf%) to their portfolio in Q2 2026, for an estimated $667,322,532
    • BLACKROCK, INC. added 1,655,117 shares (+11.1%) to their portfolio in Q2 2026, for an estimated $652,894,002

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $COHR Congressional Stock Trading

    Members of Congress have traded $COHR stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

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

    To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

    $COHR Analyst Ratings

    Wall Street analysts have issued reports on $COHR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • TD Cowen issued a "Buy" rating on 05/07/2026
    • Rothschild & Co issued a "Buy" rating on 05/01/2026

    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 $416.0.

    Here are some recent targets:

    • Simon Leopold from Raymond James set a target price of $435.0 on 07/02/2026
    • Mike Genovese from Rosenblatt set a target price of $425.0 on 06/25/2026
    • Sean O'Loughlin from TD Cowen set a target price of $395.0 on 05/07/2026
    • Ruben Roy from Stifel set a target price of $412.0 on 05/05/2026
    • Mike Harrison from Rothschild & Co set a target price of $455.0 on 05/01/2026
    • Papa Sylla from Citigroup set a target price of $420.0 on 04/21/2026
    • Meta Marshall from Morgan Stanley set a target price of $290.0 on 04/20/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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