Coherent Corp. (COHR) is down 4.7% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be a broader pullback across optical networking and AI photonics names rather than a new company-specific setback. This could be because investors are taking profits after Coherent’s strong run and reassessing how quickly newer optical products, including co-packaged optics, will translate into additional near-term upside.
Details:
There does not appear to be a fresh negative corporate announcement tied to today’s drop, which points to sectorwide selling pressure as the main explanation.Recent market commentary described weakness across several optical communications stocks at the same time, suggesting Coherent was caught in a broader rotation out of the group.Coherent’s last quarterly update in early May was fundamentally strong, with revenue growth, earnings improvement, and a fourth-quarter outlook that called for another sequential increase, so today’s move does not seem to reflect a deterioration in the company’s latest reported operating trend.Earlier in June, the company announced a proposed $50 million CHIPS Act award for its Sherman, Texas facility, meaning the recent news flow had actually been supportive; that makes fading momentum and valuation pressure a more plausible reason for the decline.Sources:
Coherent, GlobeNewswire, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$COHR Insider Trading Activity
$COHR insiders have traded $COHR stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $COHR stock by insiders over the last 6 months:
- SHERRI R LUTHER (Chief Financial Officer) has made 0 purchases and 3 sales selling 8,000 shares for an estimated $2,318,874.
- HOWARD H. XIA has made 0 purchases and 8 sales selling 6,240 shares for an estimated $1,749,942.
- JULIE SHERIDAN ENG (Chief Technology Officer) has made 0 purchases and 2 sales selling 4,246 shares for an estimated $1,189,039.
- ENRICO DIGIROLOMO sold 3,911 shares for an estimated $944,506
- STEPHEN A SKAGGS sold 3,523 shares for an estimated $856,550
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$COHR Hedge Fund Activity
We have seen 644 institutional investors add shares of $COHR stock to their portfolio, and 466 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAIN CAPITAL INVESTORS LLC removed 9,775,846 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,328,704,275
- NVIDIA CORP added 7,788,161 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,855,217,831
- JANE STREET GROUP, LLC removed 3,192,899 shares (-89.2%) from their portfolio in Q1 2026, for an estimated $760,580,470
- STATE STREET CORP added 3,031,466 shares (+64.3%) to their portfolio in Q1 2026, for an estimated $722,125,515
- POINT72 ASSET MANAGEMENT, L.P. removed 2,758,537 shares (-82.6%) from their portfolio in Q1 2026, for an estimated $657,111,098
- GEODE CAPITAL MANAGEMENT, LLC added 2,444,760 shares (+87.5%) to their portfolio in Q1 2026, for an estimated $582,366,279
- WT ASSET MANAGEMENT LTD added 2,183,763 shares (+443.5%) to their portfolio in Q1 2026, for an estimated $520,194,184
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$COHR Government Contracts
We have seen $46,450 of award payments to $COHR over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$COHR Congressional Stock Trading
Members of Congress have traded $COHR stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $COHR stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$COHR Analyst Ratings
Wall Street analysts have issued reports on $COHR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- TD Cowen issued a "Buy" rating on 05/07/2026
- Rothschild & Co issued a "Buy" rating on 05/01/2026
- Needham issued a "Buy" rating on 02/05/2026
To track analyst ratings and price targets for $COHR, check out Quiver Quantitative's $COHR forecast page.
$COHR Price Targets
Multiple analysts have issued price targets for $COHR recently. We have seen 11 analysts offer price targets for $COHR in the last 6 months, with a median target of $350.0.
Here are some recent targets:
- Mike Genovese from Rosenblatt set a target price of $425.0 on 06/25/2026
- Sean O'Loughlin from TD Cowen set a target price of $395.0 on 05/07/2026
- Ruben Roy from Stifel set a target price of $412.0 on 05/05/2026
- Mike Harrison from Rothschild & Co set a target price of $455.0 on 05/01/2026
- Papa Sylla from Citigroup set a target price of $420.0 on 04/21/2026
- Meta Marshall from Morgan Stanley set a target price of $290.0 on 04/20/2026
- Samik Chatterjee from JP Morgan set a target price of $300.0 on 04/09/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Coherent falls as optical networking stocks pull back and near-term catalysts look limited
Coherent Corp. (COHR) is down 4.7% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be a broader pullback across optical networking and AI photonics names rather than a new company-specific setback. This could be because investors are taking profits after Coherent’s strong run and reassessing how quickly newer optical products, including co-packaged optics, will translate into additional near-term upside.
Details:
Sources:
Coherent, GlobeNewswire, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$COHR Insider Trading Activity
$COHR insiders have traded $COHR stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $COHR stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$COHR Hedge Fund Activity
We have seen 644 institutional investors add shares of $COHR stock to their portfolio, and 466 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$COHR Government Contracts
We have seen $46,450 of award payments to $COHR over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$COHR Congressional Stock Trading
Members of Congress have traded $COHR stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $COHR stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$COHR Analyst Ratings
Wall Street analysts have issued reports on $COHR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $COHR, check out Quiver Quantitative's $COHR forecast page.
$COHR Price Targets
Multiple analysts have issued price targets for $COHR recently. We have seen 11 analysts offer price targets for $COHR in the last 6 months, with a median target of $350.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »