erent (US:COHR) ZACKS·2025-07-30 17:21Core Viewpoint - Coherent (COHR) is experiencing solid improvement in earnings estimates, leading to positive short-term price momentum, which is expected to continue due to an improving earnings outlook [1][2]. Earnings Estimate Revisions - The trend in estimate revisions reflects growing analyst optimism regarding Coherent's earnings prospects, which is likely to influence its stock price positively [2]. - The Zacks Rank system indicates a strong correlation between earnings estimate revisions and near-term stock price movements [2]. - Current-quarter earnings estimate is $0.93 per share, showing a year-over-year increase of +52.5% [6]. - The Zacks Consensus Estimate for the current quarter has risen by 5.47% over the last 30 days, with three estimates increasing and no negative revisions [6]. - For the full year, Coherent is expected to earn $3.53 per share, representing a year-over-year change of +111.4% [7]. - The consensus estimate for the current year has increased by 5.68%, with three estimates moving higher and no negative revisions [8]. Zacks Rank and Performance - Coherent has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable indicator for investors [9]. - Stocks with Zacks Rank 1 and 2 have historically outperformed the S&P 500 [9]. - The stock has gained 23.5% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10].