Coherent Shines at Q2 Earnings: Should Investors Buy the Stock Now?

Key Takeaways Coherent delivered a record Q2 FY26 results with $1.7B in revenues, up 17.5% YoY, and EPS of $1.29.Datacenter & communications grew 33.5% YoY, reaching 72% of sales, driven by 800 gig and 1.6T demand.Margins expanded as operating income rose, cash reached $863.7M and debt leverage fell to 1.7X.Coherent Corp. (COHR) hit a new peak, delivering $1.7 billion in revenues during the second quarter of fiscal 2026, topping the Zacks Consensus Estimate by 3%. The top line appreciated 17.5% from the yea ...