StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 6.9
Power Rank trend -> Falling
07/26/2024 16:10:00 EST
Coherent Inc (COHR)
Industry: Scientific & Technical Instruments
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, COHR has been trading in a range between $80.48 and $72.02 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Coherent Inc $COHR entered a Red zone 3 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $42.94, a potential down side of -39.09% from the recent price of 70.50. The stock is trading 14.79% (potential upside) below its 52 week high of $80.93 and 147.63 % (potential downside) above its 52 week low of $28.47 - based on the recent price.
Company Summary
Coherent Corp develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions.
News
| Coherent Corp. Reaches Milestone in Thirty Meter Telescope (TMT) Project PITTSBURGH, July 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a key partner in the development of the Thirty Meter Telescope (TMT), is proud to announce the completion of its 100th polished mirror segment. This significant milestone was celebrated with a visit from TMT representatives, who commended Coherent for its outstanding contribution to the project and highlighted the performance expectations of the TMT's primary mirror. Source: GlobeNewsWire Thu, 25 Jul 2024 16:33:00 -0400 Sentiment: Neutral |
| Forget Nvidia: Prominent Billionaires Are Selling It in Favor of These 7 Top-Notch Stocks Artificial intelligence (AI) has the potential to add nearly $16 trillion to the global economy by the turn of the decade. Eight top-tier billionaires sent shares of Nvidia to the chopping block in the March-ended quarter. Source: The Motley Fool Tue, 25 Jun 2024 05:04:00 -0400 Sentiment: Positive |
| 7 Best Stocks For Magnificent Earnings Growth Next Year None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth. Source: Investors Business Daily Fri, 21 Jun 2024 16:00:34 -0400 Sentiment: Positive |
| Coherent Reaches a Manufacturing Milestone: 300 Million Transceivers Shipped From Ipoh, Malaysia, Facility PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the scale, resiliency, and flexibility of Coherent supply chain solutions for customers. Source: GlobeNewsWire Wed, 12 Jun 2024 16:30:00 -0400 Sentiment: Neutral |
| Why EV Chip Stocks Axcelis Technologies, Coherent, and Aehr Test Systems Rallied This Week Both GM and Ford reported blockbuster EV sales in May. It's a positive surprise, given the downturn in EVs since mid-2023. Source: The Motley Fool Fri, 07 Jun 2024 07:37:00 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 80.93 52 Week Low: 28.47 Beta: 1.646 50 Day MA: 68.5948 200 Day MA: 52.9571 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.609 Qtr Revenue Growth YOY: -0.025 Forward PE: 30.03 Trailing PE: 0