Coherent Corp.

• COHR Stock Price 24h change: +8.21%. From 197.76 USD to 214.00 USD.
• Yesterday's surge was primarily driven by Citigroup raising its price target for Coherent to $250 with a "Buy" rating, reflecting strong analyst confidence ahead of its February 4th earnings release.
• From a technical perspective, the stock is in a "Strong Buy" phase: the share price is currently trading above its 20-day, 50-day, and 200-day moving averages, indicating robust upward momentum. The 14-day RSI stands at 63.6, suggesting the stock is approaching overbought territory but still retains bullish strength, while the MACD remains in positive territory at 1.73.
• Citigroup raised the price target for COHR from $180 to $250 on January 26, maintaining a "Buy" rating based on anticipated growth in AI-related data center demand.
• Analysts at Stifel and Susquehanna also recently increased their price targets to $220 and $235 respectively, highlighting the stock’s diverse product pipeline and scalability in the AI market.
• Unusual options activity was detected on January 22, with a high volume of put contracts at a $190 strike price, suggesting some institutional hedging despite the overall bullish sentiment.
• TSMC and Nvidia continue to ignite AI sector growth, with the Taiwan supply chain accelerating capacity expansion to meet surging global demand for AI infrastructure.
• Corning (GLW) reported strong momentum in its optical communications business, projecting significant revenue growth driven by innovations for Gen AI data centers through 2026.

• COHR Stock Price 24h change: +0.42%. From 196.94 USD to 197.76 USD. The slight uptick followed a recent pullback as analysts at Citigroup aggressively raised their price target to $250, citing a boom in optical demand for AI networking.
• From a technical perspective, COHR maintains a "strong bullish trend": the stock is trading above its 50-day ($196.21) and 200-day ($188.02) moving averages. While the 14-day RSI is neutral at 47.6, the MACD (0.25) remains in buy territory, suggesting the current consolidation near 52-week highs may precede a further breakout.
• Citigroup raised COHR's price target to $250 on January 26, 2026, maintaining a "Buy" rating based on accelerating AI data center infrastructure needs.
• Coherent and Quside recently demonstrated a mass-manufacturable quantum entropy source for hardware-based security, targeting the photonics and quantum markets.
• The company launched a new "Bondable Diamond" thermal management platform to address cooling challenges in high-performance AI semiconductors and lasers.
• Marvell Technology announced a $5.5 billion deal to acquire Celestial AI, aimed at scaling up optical interconnects to meet the surging bandwidth demands of generative AI.
• The Ethernet Alliance released its 2026 Ethernet Roadmap, highlighting a major shift toward 800G and 1.6T networking to support next-generation AI-driven clusters.