What Are Wall Street Analysts' Target Price for Coherent Stock?

Wall Street analysts have set a target price for Coherent Corp. (COHR) stock, indicating strong growth expectations for the global photonics company. With a market capitalization of $69.6 billion, COHR has outperformed the broader market and the S&P 500 Index over the past year, with a staggering 187% increase for the company compared to the S&P 500's 20.6% gain.

In 2026, COHR continued its outperformance trend, gaining 77.3% year to date against the S&P 500's 13.9% increase. JPMorgan recently upgraded Salesforce stock, but Wall Street remains cautious about Super Micro's $60 billion backlog. On August 12, Coherent reported its Q4 FY2026 earnings, surpassing estimates with a 33.8% revenue growth to $2.05 billion and a 74% increase in non-GAAP EPS to $1.74.

Management guided revenue for Q1 2027 between $2.2 billion and $2.4 billion, with non-GAAP EPS ranging from $1.85 to $2.05. Analysts expect COHR's EPS to grow 57.6% year-over-year to $7.61 for the fiscal year ending in June 2027, with a consensus rating of "Strong Buy" based on 23 analysts covering the stock. The mean price target of $388.25 implies an 18.6% premium to COHR's current share price, while the Street-high target of $465 suggests a 42.1% upside.