COHR, US19247G1076

B. Riley cuts target for Coherent stock from USD 345 to USD 297

Published on 10/20/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coherent stock costs EUR 202.15 on October 20, 2026. Fiscal 2026 revenue reached USD 7.12 billion, up 22.50 percent year over year.

Analyst target and reporting date

B. Riley lowered its Coherent target from USD 345 to USD 297 on October 15, 2026.
Coherent will report fiscal first-quarter results on November 4, 2026.
Coherent stock trades at EUR 202.15 at 11:00 a.m. CEST at Lang & Schwarz on October 20, 2026.

COHR, US19247G1076, Illustration mit AI erstellt.

Coherent Corp. (US19247G1076) was trading at EUR 202.15 at Lang & Schwarz on October 20, 2026 at 11:00 a.m. CEST as B. Riley lowered its target from USD 345 to USD 297 on October 15, 2026, according to MarketScreener. The revision keeps a Neutral rating on the optical equipment maker.

Three recent company events

On September 21, 2026, Coherent launched the PhotonLink integrated optics platform for AI infrastructure, according to the company's investor-relations page. The platform addresses optical connectivity for data centers, while the company's product portfolio includes 1.6T-DR8 transceiver technology. On October 14, 2026, Coherent announced the timing of its fiscal first-quarter release. On October 15, 2026, B. Riley cut its target from USD 345 to USD 297, the latest of the three events.

What does the lower target mean?

The target cut contrasts with a broad analyst base. MarketScreener listed 24 analysts and an average target of USD 405.22, while its page showed a USD 232.02 last close for the NYSE listing on October 19, 2026. The same source identified Coherent's sector as Electronic Equipment and Parts and described its core activities as optical transmitters, modules, lasers, optical systems and engineered materials.

Results date is November 4

Coherent's investor-relations page names November 4, 2026 at 4:30 p.m. EST for the fiscal first-quarter conference call. The release covers the quarter ended September 30, 2026. That date gives investors the next scheduled checkpoint for demand in optical connectivity and the effect of the recent target reset.

Market value and trading snapshot

Coherent's market capitalization was USD 45.7 billion as of October 19, 2026. Its primary listing is on the NYSE under ticker COHR, while the German-market reference price is stated in euros for investors following the stock from Europe.

The stock was trading at EUR 202.15 at Lang & Schwarz on October 20, 2026 at 11:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Coherent stock.