1. Analyst upgraded COHR to Buy, with a target of $85. 2. Strong demand for AI transceivers expected from H2 2025 onwards. 3. COHR continues to grow revenue in 800G Datacom segment. 4. Market shares impacted by tariffs on Malaysian and Chinese goods. 5. New CEO Jim Anderson perceived positively by the analyst.
Despite a price target reduction, the upgrade to Buy indicates future optimism. The positive trajectory in AI transceivers suggests growth potential, reminiscent of previous market rebounds following similar upgrades.
The shift to a Buy rating and optimistic growth forecast is significant for COHR. Analyst insights about product pipeline and CEO stability enhance confidence in potential performance.
The anticipated acceleration in AI transceiver demand points to sustainable long-term growth. Historical trends show stock normalization post-upgrade leading to stronger performance due to market recovery.