Coherent Corp.

• COHR Stock Price 24h change: +3.29%. From 214.00 USD to 221.05 USD. Analysts attribute the rise to a surge in optical demand and optimistic earnings expectations.
• Technical analysis indicates a strong "bullish" outlook; COHR is currently trading near its 52-week high with multiple moving averages providing strong support, while short-term RSI suggests the stock is entering overbought territory.
• Citigroup raised COHR's price target to $250 on January 26, maintaining a "Buy" rating due to accelerating demand for AI-driven optical components and infrastructure.
• Coherent is scheduled to release its fiscal Q2 2026 earnings on February 4, with Zacks projecting a 28.4% year-over-year earnings increase as datacenter expansion continues.
• Coherent showcased new quantum-safe encryption and photonics innovations at the SPIE Photonics West 2026 event, reinforcing its technology leadership in the AI and security sectors.
• Corning (GLW) shares surged 16% on January 27 following a massive $6 billion fiber-optic deal with Meta, signaling robust capital expenditure in AI infrastructure across the photonics sector.
• Industry reports from late January indicate the semiconductor market is entering a "super cycle," with memory and optical component prices rising 40-50% due to AI-related supply constraints.

• 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.