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COHR

Coherent Inc

NYSE: COHR · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS

$304.93
+0.32% today

Updated 2026-04-29

Market cap
$63.01B
P/E ratio
332.76
P/S ratio
10.01x
EPS (TTM)
$1.01
Dividend yield
—
52W range
$61 – $365
Volume
7.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Coherent Inc (COHR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$304.93
Consensus
$243.75
-20.06%
2030 Target
$1,445.70
+374.11%
DCF
$176.68
-26.61% MoS
13 analysts:
5 Buy2 Hold0 Sell

Management guidance

No explicit CEO revenue targets for 2026-2030 found in provided data. However, management has emphasized multi-billion dollar NVIDIA partnership with manufacturing capacity expansion and R&D investments up to $2B, signaling aggressive growth trajectory. Company is doubling Indium Phosphide capacity and transitioning to 6-inch wafers to support AI datacenter demand.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,400.89
$22.6B Rev × 20x P/S
Base case (2030)
$1,445.70
$22.6B Rev × 12x P/S
Bear case (2030)
$955.19
$22.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2029 (E)2030 (E)
Revenue$5.2B$4.7B$5.8B$7.1B$10.1B$17.8B$22.6B
Revenue growth—-8.8%23.4%21.7%42.8%30.5%26.7%
EPS—$1.66$2.45$5.45$8.20$15.10$19.25
P/S ratio———12.0x12.0x12.0x12.0x
Implied price———$464.69$645.40$1,135.90$1,445.70

Catalysts & risks

Growth catalysts
+ NVIDIA multi-billion dollar strategic partnership and $2B investment commitment driving AI optics revenue
+ 400 Gbps silicon photonics breakthrough with Tower Semiconductor enabling next-gen 3.2T/6.4T transceivers
+ S&P 500 inclusion (March 23, 2026) driving index fund flows and institutional adoption
+ Co-Packaged Optics (CPO) technology adoption across hyperscaler datacenter deployments
+ Expanded manufacturing capacity (doubled InP, 6-inch wafers) supporting multi-year ramp
Key risks
- Extreme valuation (P/E 250.6x, P/S 7.86x) leaves no room for execution missteps or demand slowdown
- High customer concentration risk with NVIDIA representing significant revenue portion post-deal
- Photonics supply chain constraints and manufacturing complexity at scale
- Competitive intensity from Lumentum, Broadcom, and other optical suppliers in AI infrastructure
- Potential slowdown in hyperscaler capex if AI monetization slows or infrastructure buildout completes

Methodology

Coherent Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.