Summary

• Coherent is well-positioned for growth, driven by AI demand and data center market expansion, with strong performance in materials, lasers, and networking.
• COHR delivered its 9th consecutive double-beat quarter, posting 16% revenue growth and 60% EPS growth, though shares corrected after earnings.
• Despite trading at a premium, the company’s quality and AI tailwinds justify a Buy rating and a $153 price target, implying 16% upside potential.
• Long-term investors seeking data center exposure may find COHR attractive, as forward-looking markets could price in continued bottom-line growth.

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Coherent Corp. (COHR) is an American technology company that specializes in developing, manufacturing, and marketing opto-electronic components, engineered materials, and lasers for different industries, including electronics, communications, and industrials.

The company mainly operates in the materials, lasers, and

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