Added to YB: 2026-03-23
Pitch date: 2026-03-19
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
$53.8B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
44.84
P/E
227.33
EV/Sales
9.03
Sector
Electronic Equipment, Instruments and Components
Category
growth
Coherent - The 6-Inch Bet
COHR: Commands $50B+ core optical market, adding $20B incremental TAM by 2030 via CPO ($15B), OCS ($4B), thermal solutions ($2B). Only co running 6-inch InP wafers (4x yield, 50% cost vs 3-inch). NVDA invested $2B equity to secure multi-billion LTA thru decade. 1.6T transceivers ramping at higher ASPs/margins. Gross margin +500bps, leverage down 3x to 1.7x. Semicap recovery provides H2 catalyst.
Read full article (9 min)