Stack L2
Coherent Corp.
Optical transceiver and laser supplier scaling 800G/1.6T datacom for AI networking
HQ US
Fit Score
avg of 9 segmentsRecent Business Signals
Oct 22, 2026
news_mention
Coherent Named One of TIME’s America’s Growth Leaders 2027 - Yahoo Finance UK Coherent Named One of TIME’s America’s Growth Leaders 2027 Yahoo Finance UK
source: gnews-coherent-cpo
Oct 15, 2026
news_mention
Coherent (NYSE:COHR) Stock Forecast & Analyst Predictions - Simply Wall Street Coherent (NYSE:COHR) Stock Forecast & Analyst Predictions Simply Wall Street
source: gnews-coherent-cpo
Oct 14, 2026
news_mention
Can Coherent's AI Data Center Expansion Fuel Long-Term Growth? - TradingView Can Coherent's AI Data Center Expansion Fuel Long-Term Growth? TradingView
source: gnews-coherent-cpo
Oct 14, 2026
news_mention
Coherent launches PhotonLink integrated optics platform for AI datacenters - scanx.trade Coherent launches PhotonLink integrated optics platform for AI datacenters scanx.trade
source: gnews-coherent-cpo
Oct 10, 2026
news_mention
Coherent stock enters weekly review with PhotonLink in focus - AD HOC NEWS Coherent stock enters weekly review with PhotonLink in focus AD HOC NEWS
source: gnews-coherent-cpo
Oct 8, 2026
news_mention
[News] Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure - LEDinside [News] Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure LEDinside
source: gnews-coherent-cpo
Oct 8, 2026
news_mention
[News] Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure - LEDinside [News] Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure LEDinside
source: gnews-coherent-cpo
Oct 7, 2026
news_mention
Coherent Stock Rises 8% in a Month: Is the Buying Opportunity Intact? - TradingView Coherent Stock Rises 8% in a Month: Is the Buying Opportunity Intact? TradingView
source: gnews-coherent-cpo
Oct 7, 2026
news_mention
Coherent Stock Rises 8% in a Month: Is the Buying Opportunity Intact? - TradingView Coherent Stock Rises 8% in a Month: Is the Buying Opportunity Intact? TradingView
source: gnews-coherent-cpo
Oct 4, 2026
news_mention
OFC 2026: Coherent on How Optics Defines AI Compute - Simple Tech and Trend OFC 2026: Coherent on How Optics Defines AI Compute Simple Tech and Trend
source: gnews-coherent-cpo
Oct 4, 2026
news_mention
ISSCC 2026: Optical Interconnect in the AI Compute Surge - Simple Tech and Trend ISSCC 2026: Optical Interconnect in the AI Compute Surge Simple Tech and Trend
source: gnews-coherent-cpo
Oct 2, 2026
news_mention
Coherent Stock Jumped 10% on Bernstein’s Call. Here’s Where Shares Could Go Further. - TIKR.com Coherent Stock Jumped 10% on Bernstein’s Call. Here’s Where Shares Could Go Further. TIKR.com
source: gnews-coherent-cpo
Sep 24, 2026
news_mention
Coherent hedges its optics bets, backs CPO and NPO alike - SDxCentral Coherent hedges its optics bets, backs CPO and NPO alike SDxCentral
source: gnews-coherent-cpo
Sep 23, 2026
news_mention
Coherent launches PhotonLink platform for next gen data centres - Compound Semiconductor Coherent launches PhotonLink platform for next gen data centres Compound Semiconductor
source: gnews-coherent-cpo
Sep 22, 2026
news_mention
Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure - Data Centre Magazine Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure Data Centre Magazine
source: gnews-coherent-cpo
Sep 21, 2026
news_mention
Coherent has shipped more than 1 billion light sensors. Now it is launching an AI optics platform. - Stock Titan Coherent has shipped more than 1 billion light sensors. Now it is launching an AI optics platform. Stock Titan
source: gnews-coherent-cpo
Sep 21, 2026
news_mention
Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure - The Manila Times <a href="
source: gnews-coherent-cpo
Sep 21, 2026
news_mention
Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure - markets.businessinsider.com Coherent Launches PhotonLink™ Integrated Optics Platform for AI Infrastructure markets.businessinsider.com
source: gnews-coherent-cpo
Sep 20, 2026
news_mention
Coherent Showcases Optical Innovations to Scale AI Infrastructure at ECOC 2026 - The Manila Times <a href="
source: gnews-coherent-cpo
Sep 20, 2026
news_mention
Quantum encryption meets AI data links at Coherent's demos - Stock Titan Quantum encryption meets AI data links at Coherent's demos Stock Titan
source: gnews-coherent-cpo
Funding & valuation history
Jun 16, 2026 · funding-research
Coherent Corp. signed a letter of intent for up to $50 million in CHIPS and Science Act funding from the U.S. Department of Commerce to expand its 6-inch InP AI semiconductor manufacturing facility in Sherman, Texas.
May 26, 2026 · funding-research
Coherent Corp. secured a $1 billion co-investment from DENSO and Mitsubishi Electric ($500 million each) for silicon carbide (SiC) wafer production.
May 6, 2026 · funding-research
Coherent Corp. was added to the S&P 500 index on May 6, 2026.
Feb 9, 2026 · funding-research
Coherent Corp. raised a $14.4 million Seed round led by FutureX Capital and Puhua Capital.
Jan 1, 2026 · funding-research
NVIDIA made a $2 billion equity investment in Coherent Corp., accompanied by a multi-year supply agreement for AI datacenter products including co-packaged optics and optical circuit switches.
Jun 1, 2025 · funding-research
NVIDIA made a $2 billion equity investment in Coherent Corp. for R&D and production expansion in co-packaged optics.
Jun 1, 2024 · funding-research
Coherent Corp. received a $2 billion equity investment from NVIDIA to fund AI R&D and production expansion.
Strategic Position
What they do best
Vertically integrated optics — owns indium-phosphide laser/EML fab through to pluggable transceiver assembly — placing it in the same physical-interconnect layer as peer Marvell Technology's optical DSP franchise.
Their bet
That AI-cluster scale-out forces 800G→1.6T pluggable and co-packaged optics volume faster than copper can stretch, making in-house laser supply (vs. merchant-laser competitors) the binding constraint it can monetize.
Top risk
EML/laser fab yield cannot ramp to 1.6T volume before hyperscalers qualify second sources, ceding design wins to Marvell-DSP-led module partners within the next two quarters — falsifiable via 1.6T qualification announcements by Q4 2026.
Compared to peers
Direct competitor
Marvell Technology, Inc.
Marvell leads with optical DSP/PAM4 silicon and partners for lasers; Coherent owns the laser/EML fab but lacks Marvell's DSP attach.
Substitute
Astera Labs, Inc.
Astera's electrical retimers and active copper extend reach without optics at rack scale, displacing short-reach optical modules where Coherent competes.
Why someone would join
- 1.Fit-score model rates Coherent avg 75.1 across all 4 segments (range 73.9–76.9, segment 23bfd311 highest at 76.9) — a consistently above-baseline profile with no weak segment, unlike single-segment-spike peers.
- 2.Sits in the same L1 physical-interconnect layer as NVIDIA (customer) and Marvell (competitor): a vertically integrated laser-to-transceiver maker positioned on the AI-network bottleneck NVIDIA's scale-up roadmap depends on.
Recent Hiring (60 days)
No specialty signals in the last 60 days.
Reverse-Hype Watch
- !Issuance of $2,000,000k in common shares occurred alongside $57,291k in restructuring charges, including employee severance, for the nine months ended March 31, 2026.
- !Capacity build unbacked by direct customer signals: capex $547,228K (+77%) and inventories +$699,420K (to $2.13B, +48%) 'ahead of AI optics orders' while business_signals_180d is empty and 10-Q has 'no explicit customer case studies'; operating cash fell to $10,058K from $503,316K.
- !Capacity claim weakly backed: capex +77% ($547.2M 9M) and inventory +48% to $2.13B built 'ahead of AI optics orders', but operating cash flow collapsed to $10.1M from $503.3M and no customer-win/business_signals supplied to confirm demand.
- !Capacity-vs-customer mismatch: capex '$547,228K vs $309,486K' and inventory '+48% vs $1.44B' built 'ahead of AI optics orders', but 'no explicit customer case studies in supplied signals' and business_signals_180d is empty.
- !Equity-raise-with-burn: '$2,000,000K common issuance' alongside an active '2025 Restructuring Plan' with '$57,291K' restructuring charges and operating cash flow collapsed to '$10,058K vs $503,316K'.