Coherent Stock Surges 73.56% in Volume, Ranks 348th in Daily Market

Generated by AI AgentAinvest Market Brief
Wednesday, May 21, 2025 8:01 pm ET1min read

On May 21, 2025, Coherent's trading volume reached 2.88 billion, marking a 73.56% increase from the previous day. This surge placed

at the 348th position in the daily stock market rankings. Coherent (COHR) rose by 0.14%, marking its third consecutive day of gains, with a total increase of 1.22% over the past three days.

Coherent Corp's stock price experienced significant movement on May 21, reaching an intraday high of $83.41 before closing at $82.55. This price point is 27.33% below its 52-week high of $113.60 and 81.11% above its 52-week low of $45.58. The trading volume for the day was 1,766,703 shares, which is 44.9% of the average daily volume of 3,935,028 shares.

Analysts have provided a range of price targets for Coherent Corp, with an average target price of $93.55. This target suggests a potential upside of 13.32% from the current price of $82.55. The highest estimate is $122.34, while the lowest is $70.00. Additionally, the consensus recommendation from 21 brokerage firms indicates an "Outperform" status for Coherent Corp, with an average brokerage recommendation of 2.0 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Coherent Corp to be $65.00 in one year, suggesting a downside of 21.26% from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections. It is important to note that this analysis is not tailored financial advice and does not consider individual investment objectives or financial circumstances. The objective is to provide long-term, fundamental data-driven analysis, though it may not incorporate the most recent company announcements or qualitative information.

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