Coherent Corp Stock Price, News & Analysis

Coherent Corp. (NYSE: COHR) introduces the groundbreaking LEAP 600C, the first 600W excimer laser operating at 308 nm wavelength, designed for Pulsed Laser Deposition in high-temperature superconducting (HTS) tape production. The new laser system doubles power output and throughput compared to existing solutions, while featuring innovative on-the-fly active injection technology that triples runtime in high-throughput environments. The LEAP 600C targets applications in magnetic confinement fusion, medical imaging, and next-generation power grids. The system has completed successful testing at a leading HTS manufacturer and is scheduled for production in late 2025, with general availability expected in 2026. This advancement is particularly significant for scaling global HTS tape production, crucial for achieving net-energy fusion milestones.

Coherent Corp. (NYSE: COHR) has expanded its PowerMax™ sensor portfolio with two significant product launches. The new PM15K+ high-power laser sensor can measure continuous laser power up to 15 kW and handle intermittent power up to 20 kW, featuring a large 100 mm x 100 mm active area and 5-second response time. Additionally, the company introduced a new backscatter shield for its PM10K+ sensor that reduces reflected laser energy from 10-15% to 1% or less, featuring a 65 mm round input aperture. Both products are compatible with Coherent LabMax-Pro and PowerMax-Pro systems and are designed for industrial manufacturing, scientific, and medical laser applications.

Coherent Corp (NYSE: COHR) has launched the SES18-880A-190-10, an advanced 880 nm single-emitter laser diode delivering 18 W optical output power with over 62% conversion efficiency. The device features a 97% polarization extinction ratio and is specifically designed for high-efficiency pumping of diode-pumped solid-state (DPSS) lasers. Built on a 6-inch GaAs wafer platform with fully integrated manufacturing, the product offers one of the most competitive dollar-per-watt ratios in its class. The laser diode operates in the 870-876 nm wavelength range and is compatible with Volume Bragg Grating stabilization. Coherent also offers variants at 878, 885, and 888 nm wavelengths, along with fiber-coupled modules in the FACTOR series. The product targets applications in micromachining, advanced packaging, and semiconductor processing, providing advantages over traditional 808 nm solutions through lower quantum defects, reduced thermal lensing, and enhanced mode quality.

Coherent Corp (NYSE: COHR) has unveiled a revolutionary diamond-loaded silicon carbide ceramic composite material designed for advanced thermal management in AI datacenters and HPC systems. The patented material achieves thermal conductivity over 800 W/m-K, performing twice as effectively as copper while matching silicon's thermal expansion properties. This breakthrough addresses critical cooling challenges in datacenters, where thermal management can consume up to 50% of energy costs. The composite material is corrosion-resistant, electrically insulating, and compatible with direct liquid cooling systems. Key applications include chip heat spreading, microchannel cold plates, and semiconductor device substrates, positioning Coherent at the forefront of thermal management solutions for next-generation computing infrastructure.

Coherent Corp (NYSE: COHR) presented its long-term growth strategy and financial outlook at its 2025 Analyst and Investor Day. The company expects revenue growth of over 22% and EPS increase of 2.8X YoY in FY25. Key highlights include the company's focus on AI Datacenter opportunities in optical transceivers and components, presented by CTO Dr. Julie Sheridan Eng. EVP Chris Dorman outlined growth opportunities in Industrial markets, including semiconductor capital equipment, display equipment, and precision manufacturing. CFO Sherri Luther discussed financial priorities, focusing on profitable revenue growth and introducing new market-aligned segmentation. The company aims to drive double-digit revenue growth in key markets while expanding gross margins and EPS.

Coherent Corp. (NYSE: COHR) reported strong Q3 FY25 financial results with revenue reaching $1.50 billion, up 24% year-over-year. The company's GAAP gross margin improved to 35.2%, while non-GAAP gross margin reached 38.5%. Despite posting a GAAP loss per share of $(0.11), non-GAAP EPS improved significantly to $0.91, up $0.53 year-over-year. The growth was primarily driven by strong AI-related datacenter demand. The company paid down $136 million in debt during the quarter. For Q4 FY25, Coherent projects revenue between $1.425-$1.575 billion and non-GAAP EPS of $0.81-$1.01. Notable achievements include recognition as an NVIDIA Ecosystem Innovation Partner and receiving six product innovation awards at OFC 2025.

Coherent Corp (NYSE: COHR), a global leader in materials, networking, and lasers, has scheduled its third-quarter fiscal 2025 financial results announcement for Wednesday, May 7, after the NYSE market close. The company will host a live audio webcast at 5:00 p.m. ET to discuss the quarterly results.

Investors can access the webcast through coherent.com/company/investor-relations/financial-webcasts. A recording will be made available on the company's website within 24 hours following the live event.

Coherent Corp. (NYSE: COHR) has launched the Axon FL, a fiber coupling module designed to enhance the functionality of their Axon 920 TPC ultrafast femtosecond laser. The module enables seamless switching between free-space and fiber-coupled outputs, specifically targeting Mini2P microscopy applications for in vivo brain imaging in freely moving animals.

The Axon FL addresses a critical market gap by providing a direct commercial solution for connecting the Axon 920 TPC to Mini2P setups. Key features include high-quality femtosecond pulse delivery through standard FC/PC connectors, high contrast power control, and dynamic group delay dispersion tuning. Available as an accessory, it offers a cost-effective upgrade path for existing Axon 920 TPC users.

Coherent Corp (NYSE: COHR) has announced it will host an Analyst and Investor Day on Wednesday, May 28, 2025, at 9:00 a.m. EDT. The event will take place at the New York Stock Exchange.

The program will include presentations and a Q&A session featuring the company's executive leadership team, including CEO Jim Anderson and CFO Sherri Luther. Participants can attend either in person or via live webcast through Coherent's Investor Relations website.

An archived version of the webcast will be made available later the same day. The company emphasizes that advance registration is mandatory for both virtual and in-person attendance.