Core Insights - Coherent Corp. has announced a collaboration with NVIDIA to develop silicon photonics networking switches using co-packaged optics (CPO), aimed at enhancing connectivity for AI factories [1][2] - The partnership is expected to accelerate the growth of optical networking in data centers, which is crucial as AI factories expand and require advanced networking infrastructure [2] - Coherent is positioned to benefit from the increasing demand for optical networking technologies in data centers, as the market for these solutions is anticipated to grow significantly in the coming years [2] Company Overview - Coherent is a leader in photonics, providing innovative technologies across various sectors including industrial, communications, electronics, and instrumentation [3] - The company has a global presence with research and development, manufacturing, sales, service, and distribution facilities [3] Upcoming Events - Coherent will showcase its optical networking technologies, including CPOs and related components, at the OFC 2025 event scheduled for April 1-3 in San Francisco, California [2]

Core Insights - Coherent Corp. has launched a 2D Collimator Array, an advanced optical assembly for optical circuit switches (OCS), aimed at enhancing data centers for AI, ML, and HPC applications [1][2]. Company Overview - Coherent is recognized as a global leader in photonics, focusing on breakthrough technologies across various sectors including industrial, communications, electronics, and instrumentation [4]. Product Details - The 2D Collimator Array integrates a 2D lens array and a 2D fiber array, providing high port density, exceptional precision, and superior reliability, which enhances the performance of OCS systems [2]. - The product features a multi-beam input and output architecture, allowing for customization and co-design with customers, reinforcing Coherent's position as a trusted partner in optical solutions [2]. Market Position - The introduction of the 2D Collimator Array positions Coherent as a leader in next-generation optical switching technology, addressing the increasing demands of switching systems in AI and supercomputing [3].

Core Insights - Coherent Corp. has launched a new 793nm pump laser diode, which offers 28W of power and 97% polarization purity, setting a new industry standard [1][4] - The Thulium fiber laser market is expected to grow significantly, driven by increased adoption in medical applications, which enhances patient care and treatment efficiency [2][3] Product Features - The 793nm chip enables higher power pumping, resulting in increased fiber laser power, shorter treatment times, and improved patient outcomes in the medical sector [3][4] - The chip's high polarization purity enhances system efficiency and reduces operational costs, making it a cost-effective solution for both medical and industrial applications [3][4] Market Impact - The introduction of the 793nm chip is expected to have a profound impact on the Thulium fiber laser market, enhancing laser performance and enabling new applications [2][4] - Coherent's new product complements its existing portfolio, including fiber-coupled diode laser modules and Thulium-doped fibers, providing a comprehensive solution for advanced laser systems [5] Availability and Commitment - The 793nm chip is available immediately, marking a significant milestone for Coherent and its customers [6] - The company is dedicated to supporting the demand for advanced laser technologies that improve patient outcomes and drive industry progress [6]

PITTSBURGH, March 11, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in photonics, introduces the WaveAnalyzer 1500B, a high-resolution optical spectrum analyzer that sets a new standard for transceiver testing. Building on the WaveAnalyzer 1500S, the new model delivers 100 MHz absolute frequency accuracy, high resolution, high speed, and full C+L band coverage in a single instrument. As data rates increase to meet AI and data center demands, efficient transceiver testing is crucial. The Wav ...

PITTSBURGH, March 10, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, announces the release of its AIM FL series of industrial, multi-kilowatt single mode fiber lasers. This innovative product family includes up to 3kW single mode operation with practical industrial fiber delivery (up to 10m) and an impressive water-cooling temperature range of 20°C to 35°C. The AIM FL series has been rigorously designed with the needs of customers in high precision manufacturing a ...

Core Insights - Coherent Corp. is participating in OFC 2025, a leading global event for optical networking and communications, highlighting its role in the industry [1][3] Group 1: Executive Participation - CEO Jim Anderson will be a panelist at the Optica Executive Forum, discussing Coherent's impact on optical networking and AI [2] - CTO Dr. Julie Eng will present on "Status of Photonic-enabled Modules" at the same event [2] - CMO Dr. Sanjai Parthasarathi will participate in the Market Watch panel, focusing on the industry's current state and future outlook [2] Group 2: Industry Context - The event is recognized as a key platform for shaping the future of optical networking, with Coherent's leadership team contributing to discussions on advancements in photonics and AI-driven networking [3] - Coherent aims to support the evolving needs of customers and partners through innovation in fiber optics, photonics, and networking solutions [3] Group 3: Company Overview - Coherent is dedicated to empowering market innovators with breakthrough technologies across various sectors, including industrial, communications, electronics, and instrumentation [4] - The company has a global presence with research and development, manufacturing, sales, service, and distribution facilities [4]

PITTSBURGH, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, proudly announces that six of its products received awards in the 2025 Lightwave + BTR Innovation Reviews. "Innovation is at the heart of everything we do, and this recognition underscores our commitment to technology leadership," said Dr. Julie Eng, Chief Technology Officer at Coherent. "We are honored that six of our products have been recognized in the 2025 Lightwav ...

Investors interested in stocks from the Technology Services sector have probably already heard of Coherent (COHR) and Symbotic Inc. (SYM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies wi ...

I recommended a buy rating for Coherent Corp. (NYSE: COHR ) when I wrote about it in October 2023 , as I expected its datacom segment to be a key growth driver, supported by demand for AI. TheI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-te ...

Core Viewpoint - Coherent Corp. (COHR) has shown significant stock price growth over the past six months, outperforming some industry peers but still lagging behind the overall industry rally [1][4]. Financial Performance - COHR's stock price increased by 30.6% over the past six months, while the industry saw a 74.6% increase and the Zacks S&P 500 composite grew by 11.7% [1]. - The stock closed at $87.3, which is 23.2% lower than its 52-week high of $113.6 [4]. - The company generated an average of 53% of its revenues from the communications market, with a 6.3% quarter-over-quarter increase and a 58.3% year-over-year increase in Q2 of fiscal 2025 [5]. - The Zacks Consensus Estimate for fiscal 2025 revenues is $5.7 billion, indicating a 21% growth from the previous year, while fiscal 2026 revenues are expected to rise by 9.9% [13]. Market Dynamics - The communications market is projected to expand at a CAGR of 14% from 2023 to 2028, with a total addressable market of $23 billion [5]. - COHR operates in two segments: telecom and datacom, benefiting from rising investments in cloud infrastructure and increasing demand for AI and ML [6]. Valuation Metrics - COHR's stock is currently priced at 22.9 times forward 12-month earnings per share, significantly lower than the industry average of 48.9 times [8]. - The trailing 12-month EV-to-EBITDA ratio for COHR is 12.9 times, compared to the industry's average of 102.1 times [10]. Liquidity Position - The company has a strong liquidity position with a current ratio of 2.67, higher than the industry average of 2.21, indicating efficient short-term debt coverage [12]. Growth Prospects - The consensus estimate for earnings in fiscal 2025 is $3.47 per share, suggesting over 100% year-over-year growth, with a 24.6% increase expected in fiscal 2026 [14]. - COHR is well-positioned to capitalize on the expanding communications market, which may enhance its market share and strengthen its leadership [15].