On June 2, Coherent stock jumped 17.6% to a record $426.89 after Computex announcements highlighting its pluggable photonics up to 12.8T. Nvidia’s equity stake and confirmed AI transceiver demand fully booked through 2028, with contracts extending into 2030, underscore growth visibility.
On June 2, Coherent shares rose 17.6% to close at $426.89 after Computex demonstrations emphasized high-speed optical connectivity as a critical bottleneck for AI infrastructure, boosting investor confidence in its hardware solutions.
Nvidia holds an equity stake in Coherent and has forged an investment partnership validating its optics technology, while Coherent’s new pluggable photonics modules deliver data rates up to 12.8T for next-generation AI racks.
Company executives confirmed that AI transceiver demand is fully booked through 2028, with select contracts extending into 2030, providing clear revenue visibility and underpinning long-term growth expectations in the AI segment.
Coherent trades at a price-to-sales ratio of 12.8 and a price-to-earnings ratio of 179.7, substantially above its five-year P/E median of 34.4x and well beyond S&P 500 multiples, reflecting lofty market expectations.
