Coherent, Inc. (COHR)

FairStock Score: 36/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what the business earns and what I must pay for it. Coherent sells lasers and optical components into communications and data centers, a real but volatile business. The filed numbers show a recovery: in fiscal 2024, ended 2024-06-30, it lost $156.2M; in fiscal 2025, ended 2025-06-30, it earned $49.4M; and in fiscal 2026, ended 2026-06-30, it earned $805.0M on $7.1B of revenue, with diluted EPS of $4.12. In fiscal Q3 2026, the quarter ended 2026-03-31, revenue was $1.8B and net income was $191.4M. That is genuine improvement, and the given Lynch category is TURNAROUND, because it returned to profit after a loss within the last three years.

In plain English: Coherent makes lasers and optical parts used in communications, data centers, and technical instruments. The business has swung from losses to profits and sales are growing, but it is still not producing spare cash after running and investing in the business. At the recent price, the stock looks expensive compared with the company's profits and asset value.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2026 10-Q (period ended 2025-12-31) · fiscal Q1 2026 10-Q (period ended 2025-09-30) · fiscal Q3 2025 10-Q (period ended 2025-03-31) · FY2026 10-K (period ended 2026-06-30) · FY2025 10-K (period ended 2025-06-30) · FY2024 10-K (period ended 2024-06-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer