New York, Feb 23, 2026, 09:58 ET — Regular session
- Coherent was recently up about 0.7%, trading at $249.80 in early action.
- The drop hit other optical-networking stocks as well.
- Traders are watching for new information before Coherent’s technology briefing, which is scheduled for March 17 in connection with the OFC event.
Coherent Corp nudged up 0.7% to $249.80 in early Monday action, extending a rally that’s pushed the photonics maker back onto traders’ short lists.
The stock’s been all over the place lately. At this point, that matters: Coherent stands out as a top pick for anyone wagering on faster links inside AI data centers. In a trade this packed, even the smallest headline can swing the mood in a hurry.
Shares traded between $242.71 and $251.27 on Monday, marking the day’s span. Lumentum and Ciena, both in the optical-networking group, dropped about 1% apiece. Coherent ended up slightly higher.
Coherent’s most recent earnings got investors’ attention, with datacenter demand out front again. CEO Jim Anderson called out December-quarter revenue growth, attributing it to “another quarter of strong demand” in datacenter and communications. CFO Sherri Luther highlighted more capital spending, saying it’s going to expand capacity. (Coherent Inc)
Coherent slipped its most recent quarterly results into an SEC filing, bundling the usual earnings statement and an investor deck alongside. U.S. firms typically roll out their numbers and slides in this fashion. (SEC)
Coherent Inc’s upcoming Technology Innovation Briefing, scheduled for March 17 at 4 p.m. ET in Los Angeles, is drawing attention from investors. Details are posted on the company’s investor relations page. (Coherent Inc)
The briefing comes as the Optical Fiber Communication Conference and Exhibition (OFC) unfolds in Los Angeles, running March 15–19, with exhibition doors opening March 17–19. On the conference website, Coherent is listed among the companies associated with plenary speakers. (TODO optica )
But there’s a flip. Coherent is spending to ramp up capacity, and if datacenter demand wobbles at all — or if scaling up stretches longer than planned — a stock that’s priced for flawless execution could get knocked down.
