COHR
Coherent Corp. Technology - Photonics Investor Relations →
Coherent Corp. (COHR) closed at $227.68 as of 2026-02-02, trading 224.4% above its 200-week moving average of $70.19. The stock moved further from the line this week, up from 205.9% last week. With a 14-week RSI of 79, COHR is in overbought territory.
Over the past 1953 weeks of data, COHR has crossed below its 200-week moving average 30 times. On average, these episodes lasted 20 weeks. Historically, investors who bought COHR at the start of these episodes saw an average one-year return of +26.1%.
With a market cap of $42.7 billion, COHR is a large-cap stock. The company generates a free cash flow yield of 0.3%. Return on equity stands at 3.2%. The stock trades at 5.0x book value.
Share count has increased 45.4% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in COHR would have grown to $129525, compared to $2849 for the S&P 500. That represents an annualized return of 24.1% vs 10.6% for the index — confirming COHR as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 24.9% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: COHR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After COHR Crosses Below the Line?
Across 26 historical episodes, buying COHR when it crossed below its 200-week moving average produced an average return of +32.7% after 12 months (median +32.0%), compared to +16.7% for the S&P 500 over the same periods. 68% of those episodes were profitable after one year. After 24 months, the average return was +74.7% vs +36.3% for the index.
Each line shows $100 invested at the moment COHR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
COHR has crossed below its 200-week MA 30 times with an average 1-year return of +26.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1989 | Apr 1989 | 1 | 3.8% | +12.2% | +59375.5% |
| Nov 1989 | Nov 1989 | 2 | 1.9% | -48.1% | +55944.3% |
| Jan 1990 | Mar 1990 | 6 | 6.2% | -50.9% | +54886.8% |
| Apr 1990 | Jan 1994 | 198 | 55.4% | -37.8% | +64662.2% |
| May 1998 | Nov 1999 | 78 | 62.2% | -40.2% | +11843.9% |
| Jun 2002 | Jun 2002 | 1 | 4.8% | +87.6% | +7502.0% |
| Jul 2002 | Aug 2002 | 3 | 6.7% | +92.7% | +7553.1% |
| Aug 2002 | Sep 2002 | 1 | 0.4% | +92.6% | +6916.3% |
| Sep 2002 | Oct 2002 | 3 | 1.6% | +53.3% | +6799.4% |
| Oct 2008 | Oct 2008 | 1 | 8.2% | +19.8% | +1804.5% |
| Nov 2008 | Oct 2009 | 47 | 40.1% | +31.2% | +2000.4% |
| Oct 2009 | Nov 2009 | 1 | 2.4% | +48.6% | +1620.3% |
| Jan 2010 | Mar 2010 | 5 | 6.9% | +85.2% | +1602.9% |
| Nov 2011 | Nov 2011 | 1 | 2.7% | -3.8% | +1268.3% |
| Jun 2012 | Jul 2012 | 7 | 7.0% | +3.1% | +1301.1% |
| Oct 2012 | Dec 2012 | 11 | 11.4% | +8.2% | +1201.8% |
| Jan 2013 | Aug 2013 | 29 | 18.6% | -7.0% | +1193.6% |
| Sep 2013 | Mar 2015 | 78 | 39.7% | -30.7% | +1126.7% |
| Jul 2015 | Aug 2015 | 2 | 1.2% | +15.0% | +1225.3% |
| Aug 2015 | Oct 2015 | 8 | 7.9% | +26.5% | +1248.0% |
| Jan 2016 | Jan 2016 | 2 | 2.8% | +78.7% | +1286.6% |
| May 2019 | Jun 2019 | 1 | 3.9% | +51.2% | +624.4% |
| Sep 2019 | Jan 2020 | 14 | 22.4% | +27.7% | +596.7% |
| Jan 2020 | May 2020 | 15 | 32.6% | +149.8% | +576.6% |
| Sep 2020 | Sep 2020 | 2 | 4.7% | +68.3% | +524.0% |
| Jun 2022 | Jul 2022 | 3 | 4.3% | +3.8% | +363.4% |
| Aug 2022 | Feb 2024 | 75 | 45.9% | -13.5% | +424.5% |
| Apr 2024 | Apr 2024 | 2 | 8.2% | +3.0% | +324.8% |
| May 2024 | May 2024 | 1 | 0.2% | +31.4% | +324.1% |
| Mar 2025 | Apr 2025 | 3 | 13.0% | N/A | +350.1% |
| Average | 20 | — | +26.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02