StocksMedium•5 November 2026•
1 min read
Coherent Targets 60% Revenue Growth for FY2027 on Surging AI Demand
Key Facts
1Coherent is targeting revenue growth of over 60% for fiscal year 2027.
2The company secured a $20 billion customer deal and plans to expand its PhotonLink technology.
Coherent is targeting revenue growth of over 60% for fiscal year 2027. Zacks reported that the company secured a $20 billion customer deal and plans to expand its PhotonLink technology to meet rising demand for optical capacity.
COHR closed at $195.09 on November 4, 2026, as the company capitalizes on AI-driven infrastructure expansion. The stock traded between a low of $187.16 and a high of $205.51 during the November 4, 2026 session.