Coherent Corp. (COHR)
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
$281.86+6.60%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · COHR
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $282 COHR trades at 55× p/e, in line with its 46× p/e peer median — but our blended $224 fair value sits below the price. We hold it with low confidence: our number sits well below the analyst range. Analysts target $400–$448. Note: our $224 fair value sits below the entire analyst range ($400–$448). Even the durable-growth case — current growth held at sustainable margins — values it at about $272, at or below today's price, so you're paying beyond even the growth case. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $420.00 | — | — | Analyst | medium |
| graham number | 12M | $81.04 | — | — | TTM | medium |
| Mgmt guidance | 12M | $157.75 | 45.7 | 3.45 | Mgmt | medium |
| Peer EV/EBITDA | 12M | $44.69 | 11.3 | 3.45 | TTM | medium |
| Peer P/E |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$400.00 – $448.00 (median $420.00) · 6 analysts · as of 2026-08-31
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $209.42 |
| 45.7 |
| 4.58 |
| TTM |
| medium |
| Peer P/S | 12M | $148.87 | 4.1 | 36.25 | TTM | medium |
| PEG | 12M | $128.69 | 28.1 | 4.58 | TTM | medium |
| residual income | 12M | $51.14 | — | — | TTM | medium |
| triangulated | 12M | $243.51 | 45.7 | 5.33 | Triangulated | medium |
| Mgmt guidance | 3Y | $839.03 | 45.7 | 18.35 | Mgmt(prov.) | medium |
| Peer P/E | 3Y | $89.75 | 45.7 | 1.96 | Analyst | medium |
| Peer P/S | 3Y | $179.61 | 4.1 | 43.73 | guidance | medium |
| PEG | 3Y | $55.15 | 28.1 | 1.96 | Analyst | medium |
| Mgmt guidance | 5Y | $2556.52 | 45.7 | 55.91 | Mgmt(prov.) | medium |
| Peer P/E | 5Y | $38.47 | 45.7 | 0.84 | Analyst | medium |
| Peer P/S | 5Y | $76.98 | 4.1 | 18.74 | guidance | medium |