Coherent is trading at $210.79, down 11.26%, amid semiconductor-sector weakness and renewed doubts about AI spending.
- Chip stocks fell broadly after Lam Research’s cautious outlook, while broader technology shares also faced pressure.
- Coherent reported fiscal Q4 revenue of US$2.05 billion and guided fiscal Q1 2027 sales to US$2.2 billion–US$2.4 billion; available coverage does not identify those results as the cause of the drop, and no clear company-specific negative catalyst was identified.