Professional
Added to YB: 2024-10-25
Pitch date: 2024-09-30
COHR [bullish]
Coherent Corp.
+191.3%
current return
Author Info
No bio for this author
Company Info
Coherent Corp. develops, manufactures, and markets lasers, transceivers, other optical and optoelectronic devices, modules, and systems worldwide.
Market Cap
$59.8B
Pitch Price
$91.48
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.52
P/E
74.12
EV/Sales
8.67
Sector
Electronic Equipment, Instruments and Components
Category
growth
Artisan Mid Cap Fund New Position: Coherent Corp.
COHR: Global leader in optoelectronics, experiencing strong AI-related demand for data center optical networking. New CEO expected to drive change: divest slow-growth segments, improve operations. Multiyear revenue growth anticipated from AI exposure and cyclical upturn. Margin expansion opportunities exist.
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