Coherent Posts Record Q3 Revenue, $2B NVIDIA Investment in AI Optics
Coherent (COHR) reported record Q3 fiscal 2026 revenue of $1.81B, with a $2B equity investment from NVIDIA for AI data center optics. The stock fell 7.39% in the latest session but has strong momentum with 30-day and 90-day returns of 25.12% and 40.19%.
Key Numbers
Coherent (COHR) reported record results for the third quarter of fiscal 2026, with revenue reaching $1.81 billion, driven by a $2 billion equity investment from NVIDIA (NVDA) in AI data center optics. Despite a 7.39% decline in the latest session, the stock maintains strong momentum with a 30-day return of 25.12% and a 90-day return of 40.19%.
Key Financial Results
| Metric | Value |
|---|---|
| Revenue | $1.81B |
| NVIDIA Investment | $2B |
| 30-Day Stock Return | 25.12% |
| 90-Day Stock Return | 40.19% |
Highlights from the Release
The company attributed the strong performance to rising demand for advanced optics solutions used in AI data centers, which boosted margins and revenue. The NVIDIA investment underscores confidence in Coherent's technology.
Future Guidance
Coherent did not provide specific guidance for the next quarter but indicated continued positive momentum supported by strategic partnerships.
Impact on the Stock
Despite the daily decline, the stock shows strong short- and medium-term performance, backed by record results and the NVIDIA deal. The recent drop may be due to sector-wide profit-taking.
What This Means for Investors
The results confirm Coherent's strong position in the data center optics market, but investors should monitor sustained growth amid intense competition.
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