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NASDAQ: COHR
Coherent Corp Stock Forecast, Predictions & Price Target

Analyst price target for COHR

Based on 11 analysts offering 12 month price targets for Coherent Corp.
Min Forecast
$36.00-20.25%
Avg Forecast
$54.46+20.64%
Max Forecast
$80.00+77.23%

Should I buy or sell COHR stock?

Based on 12 analysts offering ratings for Coherent Corp.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
3 analysts 25%
Hold
1 analysts 8.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 8.33%

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COHR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Bottom 18%
18
Strong SellMaintains$36.00-20.25%2023-01-23
Rosenblatt
Top 25%
76
Strong BuyInitiates Coverage On$55.00+21.84%2023-01-18
JP Morgan
Top 6%
95
Strong BuyMaintains$52.00+15.20%2022-12-20
Morgan Stanley
Top 4%
97
Strong BuyUpgrades$45.00-0.31%2022-12-13Find out why
Stifel Nicolaus
Top 8%
93
Strong BuyInitiates Coverage On$48.00+6.34%2022-12-02
Deutsche Bank
Top 1%
100
Strong BuyUpgrades$50.00+10.77%2022-11-28
Bank of America
Top 9%
92
Strong BuyUpgrades$45.00-0.31%2022-11-11
Raymond James
Bottom 10%
10
BuyMaintains$78.00+72.80%2022-11-10
Needham
Top 1%
100
BuyMaintains$58.00+28.49%2022-11-10
Citigroup
Top 4%
97
Strong BuyUpgrades$52.00+15.20%2022-11-04

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Forecast return on equity

Is COHR forecast to generate an efficient return?
Company
13.76%
Industry
20.13%
Market
49.33%
COHR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is COHR forecast to generate an efficient return on assets?
Company
4.98%
Industry
11.15%
COHR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

COHR earnings per share forecast

What is COHR's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.87+723.4%
Avg 2 year Forecast
$4.97+957.45%
COHR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

COHR revenue forecast

What is COHR's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.9B+26.23%
Avg 2 year Forecast
$5.2B+33.62%
COHR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

COHR earnings growth forecast

How is COHR forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
756.84%
Industry
66.99%
Market
85.43%
COHR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
COHR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
COHR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

COHR revenue growth forecast

How is COHR forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
26.23%
Industry
6.63%
Market
71.53%
COHR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
COHR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

COHR vs Scientific & Technical Instrument Stocks

TickerPricePrice TargetUp/downsideConsensus
COHR$45.14$54.46+20.64%Strong Buy
NOVT$160.77N/AN/ABuy
MKSI$105.24$131.25+24.71%Strong Buy
ST$46.79$53.64+14.63%Buy
VNT$22.35$25.20+12.75%Buy

Coherent Stock Forecast FAQ

Is Coherent Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: COHR) stock is to Strong Buy COHR stock.

Out of 12 analysts, 7 (58.33%) are recommending COHR as a Strong Buy, 3 (25%) are recommending COHR as a Buy, 1 (8.33%) are recommending COHR as a Hold, 0 (0%) are recommending COHR as a Sell, and 1 (8.33%) are recommending COHR as a Strong Sell.

If you're new to stock investing, here's how to buy Coherent stock.

What is COHR's earnings growth forecast for 2023-2024?

(NASDAQ: COHR) Coherent's forecast annual earnings growth rate of 756.84% is forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 66.99%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 85.43%.

Coherent's earnings in 2023 is $34,877,000.On average, 6 Wall Street analysts forecast COHR's earnings for 2023 to be $536,730,393, with the lowest COHR earnings forecast at $479,867,483, and the highest COHR earnings forecast at $590,819,502.

In 2024, COHR is forecast to generate $689,289,419 in earnings, with the lowest earnings forecast at $689,289,419 and the highest earnings forecast at $689,289,419.

What is COHR's revenue growth forecast for 2023-2024?

(NASDAQ: COHR) Coherent's forecast annual revenue growth rate of 26.23% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 6.63%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.53%.

Coherent's revenue in 2023 is $3,866,075,000.On average, 6 Wall Street analysts forecast COHR's revenue for 2023 to be $676,815,777,211, with the lowest COHR revenue forecast at $487,833,838,019, and the highest COHR revenue forecast at $771,999,988,893.

In 2024, COHR is forecast to generate $716,448,254,540 in revenue, with the lowest revenue forecast at $509,375,172,546 and the highest revenue forecast at $841,668,148,649.

What is COHR's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: COHR) forecast ROA is 4.98%, which is lower than the forecast US Scientific & Technical Instruments industry average of 11.15%.

What is COHR's Price Target?

According to 11 Wall Street analysts that have issued a 1 year COHR price target, the average COHR price target is $54.46, with the highest COHR stock price forecast at $80.00 and the lowest COHR stock price forecast at $36.00.

On average, Wall Street analysts predict that Coherent's share price could reach $54.46 by Jan 23, 2024. The average Coherent stock price prediction forecasts a potential upside of 20.64% from the current COHR share price of $45.14.

What is COHR's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: COHR) Coherent's current Earnings Per Share (EPS) is $0.47. On average, analysts forecast that COHR's EPS will be $3.87 for 2023, with the lowest EPS forecast at $3.46, and the highest EPS forecast at $4.26. In 2024, COHR's EPS is forecast to hit $4.97 (min: $4.97, max: $4.97).

What is COHR's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: COHR) forecast ROE is 13.76%, which is considered weak.
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