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COHR
Researchmedium convictionmedium potential
Coherent
$425
USD
+9.2%
TD Cowen raised PT to $395 (from $340) and Rosenblatt raised PT to $425 (from $375) on May 7 post fiscal Q3 2026 beat — high-mark Rosenblatt PT is ~12% above Aegis consensus PT $380.6.
May 27, 08:10 a.m.Source: 2026-05-27_midday.mdConsensus PT: $384
Latest imported research note for this ticker.
longwatchParadisLabs
Imported thesis
Listed pure-play for digital LC optical circuit switching ($2.5B TAM by 2029), distinct from LITE's MEMS OCS angle.
Imported reasoning
Jefferies $375 / spot $361.47 = 1.04x — that PT is now too tight to anchor potential, so falling to LITE-comparable optics multiples implies 1.3-2x → medium. Optics sleeve on-target (18.9% vs 15-20%) via LITE; Step 3.5 biases sleeve-saturated names to watch rather than buy. CPO timing and FY27 margin >40% are gating variables.
Last imported
May 31, 08:20 a.m.
Source report
2026-05-31_midday.md
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Public watchlist context and imported research metadata.
Thesis
Listed pure-play for digital LC optical circuit switching ($2.5B TAM by 2029), distinct from LITE's MEMS OCS angle.
Sleeve
Consensus PT (USD)
$384
No holdings recorded for this ticker.
Held by SA-LP — 1.6% of fund (480,300 sh, +211% QoQ) as of 2025-12-31
@aleabitoreddit
2 mentions · 1 bullish / 1 bearish
May 18bearishmediumSource ↗

Trimming optical interconnect exposure (COHR) as part of portfolio rotation toward CPO-focused technology exposure.

May 6bullishhighSource ↗

Coherent CEO confirmed CPO as one of most important long-term growth opportunities; market leader validation of supercycle thesis.

@ParadisLabs
2 mentions · 2 bullish / 0 bearish
May 13bullishmediumSource ↗

Coherent is better positioned than newer entrants in CPO supply chain due to advanced commercial readiness.

May 7bullishmediumSource ↗

COHR is NVIDIA's main optical partner alongside TSMC ecosystem; critical to hyperscaler CPO rollout.