Added to YB: 2026-01-09
Pitch date: 2026-01-08
COHR [bullish]
Coherent Corp.
Author Info
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Company Info
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide.
Market Cap
$31.8B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.52
P/E
244.88
EV/Sales
6.17
Sector
Electronic Equipment, Instruments and Components
Category
value
Coherent vs. Lumentum: Why Coherent Is the Better Buy for the Optics Boom
COHR: AI optics boom driving record demand; Coherent's datacom biz (~$1.1B/quarter) is 2x Lumentum's total revenue yet similar market cap. Doubled InP capacity via 6-inch wafers at Texas/Sweden fabs, higher yields at <50% chip cost. Strong pricing power in shortage market, 40%+ gross margins. Industrial segment ($2B annually) provides diversification buffer. CEO Anderson's execution strong - debt down $400M, 23 sites closed. Risk-adjusted better bet than LITE at current valuations.
Read full article (18 min)