COHR, US19247G1076

Susquehanna cuts target for Coherent stock from USD 425.00 to USD 350.00

Published on 10/23/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coherent expects fiscal first-quarter revenue of USD 2.20 billion to USD 2.40 billion. Coherent stock costs EUR 190.85 on October 23, 2026.

Target revision and earnings dates

Susquehanna lowered its Coherent target from USD 425.00 to USD 350.00 on October 21, 2026.
Fiscal year 2026 revenue reached USD 7.12 billion, up 22.50 percent year over year.
Coherent stock trades at EUR 190.85 at 11:34 a.m. CEST at Lang & Schwarz on October 23, 2026.
Coherent will report fiscal first-quarter results on November 4, 2026.

COHR, US19247G1076, Illustration mit AI erstellt.

Coherent Corp. stock (ISIN US19247G1076) was trading at EUR 190.85 at Lang & Schwarz on October 23, 2026 at 11:34 a.m. CEST. The latest analyst change came from Susquehanna, which cut its price target from USD 425.00 to USD 350.00 on October 21, 2026, according to Markets Insider.

Fiscal growth meets cash pressure

Coherent reported fiscal year 2026 revenue of USD 7.12 billion, an increase of 22.50 percent from the prior year. GAAP net income reached USD 769.90 million, while diluted earnings per share stood at USD 4.12 for the same fiscal year.

The company generated USD 79.51 million in operating cash flow during fiscal year 2026 and spent USD 1.10 billion on property, plant and equipment. That gap makes execution and cash conversion important counterweights to the strong revenue trend.

What does the target cut mean?

Susquehanna kept a Positive rating while lowering its target to USD 350.00 from USD 425.00. The revision came in an earnings preview that still pointed to potential upside from artificial-intelligence demand, but the lower target shows that expectations are being reset before the next report.

Three milestones shape the timeline

Coherent launched its PhotonLink integrated optics platform on September 21, 2026, according to the company's website. On October 14, 2026, Coherent announced that its fiscal first-quarter results for the period ended September 30, 2026, would be released on November 4, 2026, after the New York Stock Exchange close, according to GlobeNewswire. Susquehanna then cut its target to USD 350.00 on October 21, 2026.

Which dates come next?

The next reporting date is November 4, 2026, followed by Coherent's virtual annual meeting on November 18, 2026. The results will test the company's fiscal first-quarter outlook of USD 2.20 billion to USD 2.40 billion in revenue and adjusted earnings per share of USD 1.85 to USD 2.05, figures reported in the company's earnings announcement and summarized in GlobeNewswire.

Stock valuation remains wide

Coherent's market capitalization was USD 40.9 billion as of October 23, 2026. Its primary listing is on the New York Stock Exchange, where the quoted 52-week range was USD 115.00 to USD 440.00, according to MarketWatch. The further course of trading is shown by the continuously updated real-time quote of Coherent stock.