Coherent Shares Slide 3.12% Amid 52.5% Volume Drop Ranking 227th in Market Activity

Generated by AI AgentAinvest Market Brief
Monday, Aug 18, 2025 8:29 pm ET1min read
COHR--
Aime RobotAime Summary

- Coherent shares fell 3.12% with $0.4B volume, ranking 227th in market activity amid mixed pre-volatility sentiment.

- Rosenblatt cut Coherent's price target to $135 but kept "Buy" rating, citing conservative guidance and competitive pressures from Lumentum.

- A volume-based trading strategy yielded 23.4% returns since 2022, highlighting modest gains amid market turbulence.

On August 18, 2025, CoherentCOHR-- (COHR) closed with a 3.12% decline, while its trading volume of $0.4 billion marked a 52.5% drop from the previous day, ranking it 227th in market activity. The stock’s performance reflects mixed sentiment ahead of broader market volatility.

Rosenblatt Securities recently adjusted its price target for Coherent to $135 from $150 but maintained a "Buy" rating following the firm’s fiscal Q4 earnings. The firm noted Coherent’s conservative guidance practices and acknowledged competitive pressures from rivals like LumentumLITE--, which has shown stronger near-term growth in laser chips and optical component sales. However, Rosenblatt anticipates Coherent will regain ground in key AI optical categories by FY26 and FY27, emphasizing long-term industry execution potential for both companies.

A backtest of a strategy purchasing the top 500 stocks by daily trading volume and holding them for one day from 2022 to the present yielded a total profit of $2,340. This corresponds to a cumulative return of 23.4% on the initial investment, indicating modest gains amid market turbulence and a conservative approach.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet