Coherent (COHR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.74
- Estimate
- $1.62
- Surprise
- +7.6%
- Revenue (period 2026-06-30)
- $2.05B
- Score at report (before → after)
- 6.0 → 6.1/10
Revenue source: xbrl.
How the report landed
Coherent (COHR) beat the $1.62 estimate with diluted EPS of $1.74 — a clear 7.6% upside surprise. TrendMatrix's engine moved from Hold (6.0/10) to Buy (Wait) at 6.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates COHR Sell at 6.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +7.6% surprise compares with a +6.7% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Concentration risk — Supplier: sole-source or limited-source suppliers (Lasers segment)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $270.50
- Price target
- $373.83
- Stop
- $247.84
- Upside to target
- +38.2%
- Reward-to-risk
- 3.0:1
The stock trades at 74.1× trailing but 21.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
COHR at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Scientific & Technical Instruments
- Market cap
- $59.80B
- P/E (fwd)
- 21.9
- P/E (ttm)
- 74.1
- 52-week range
- $100.63–$440.00
- Off 52-week high
- 38.5%
- RSI (14)
- 47
- Volume vs avg
- 1.59×
- Score today
- 6.2/10