Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Coherent is demonstrating a robust expansion in its market segments, driven primarily by significant demand in its Datacenter and Communications sectors.</li><li>The first quarter of fiscal 2026 witnessed a 19% year-over-year increase in revenue, notwithstanding the exclusion of revenue from its divested Aerospace and Defense business.</li><li>Additionally, non-GAAP gross margin grew by 200 basis points compared to the previous year, indicating improved operational efficiencies.</li></ul>

Coherent is demonstrating a robust expansion in its market segments, driven primarily by significant demand in its Datacenter and Communications sectors.The first quarter of fiscal 2026 witnessed a 19% year-over-year increase in revenue, notwithstanding the exclusion of revenue from its divested Aerospace and Defense business.Additionally, non-GAAP gross margin grew by 200 basis points compared to the previous year, indicating improved operational efficiencies.

Coherent: What Makes Its ZR/ZR+ Transceiver Boom a Potential Revenue Game-Changer?

<ul><li>Coherent Inc.'s fourth quarter and full fiscal year 2025 results reflect both strong performance and some areas of challenges.</li><li>The company experienced a robust fiscal year with revenue hitting a record $5.81 billion, marking a 23% year-over-year increase.</li><li>This growth was propelled significantly by the company's data center and communications business, with data center revenue alone increasing by 61% from the previous year.</li></ul>

Coherent Inc.'s fourth quarter and full fiscal year 2025 results reflect both strong performance and some areas of challenges.The company experienced a robust fiscal year with revenue hitting a record $5.81 billion, marking a 23% year-over-year increase.This growth was propelled significantly by the company's data center and communications business, with data center revenue alone increasing by 61% from the previous year.

Coherent’s Data Center Breakthrough: The 1.6-Terabyte Revolution Is Here!

<ul><li>Coherent Corp has announced a strategic divestiture, selling its Aerospace and Defense (A&D) business unit to private equity firm Advent International for $400 million.</li><li>The transaction, disclosed on August 13, 2025, marks a critical pivot in Coherent’s broader portfolio optimization initiative.</li><li>As part of this deal, Coherent will relinquish approximately 550 employees and 10 global operational sites tied to the A&D division.</li></ul>

Coherent Corp has announced a strategic divestiture, selling its Aerospace and Defense (A&D) business unit to private equity firm Advent International for $400 million.The transaction, disclosed on August 13, 2025, marks a critical pivot in Coherent’s broader portfolio optimization initiative.As part of this deal, Coherent will relinquish approximately 550 employees and 10 global operational sites tied to the A&D division.

Coherent Sells $400 Million Unit To Advent—What Are They Hiding?

<ul><li>Coherent recently held its fiscal year 2025 third-quarter earnings call, during which the company shared both its financial results and strategic initiatives.</li><li>In the quarter, Coherent reported strong revenue growth of approximately 4% sequentially and 24% year-over-year, reaching a record $1.5 billion.</li><li>This growth was mainly driven by continued demand in AI data centers and telecom markets.</li></ul>

Coherent recently held its fiscal year 2025 third-quarter earnings call, during which the company shared both its financial results and strategic initiatives.In the quarter, Coherent reported strong revenue growth of approximately 4% sequentially and 24% year-over-year, reaching a record $1.5 billion.This growth was mainly driven by continued demand in AI data centers and telecom markets.

Coherent Corp.: Can It Capitalize On Macro Tailwinds Through Expansion in Data Center and Communication Markets?

<ul><li>Coherent's latest earnings report for the second quarter of fiscal 2025 illustrates a mixed set of outcomes, reflecting significant advancements in certain segments while highlighting ongoing challenges that the company faces in other areas.</li><li>Revenue reached a record $1.43 billion, marking a 6% sequential and 27% year-over-year growth, driven by substantial progress in AI-related datacom transceivers and increasing demand in the telecom sector.</li><li>This growth is a positive indicator of Coherent's robust position in high-speed optical data communication markets, especially as they continue to expand their customer base for significant transceiver products like the 800-gig and invest in advancing their 1.6T transceiver applications.</li></ul>

Coherent's latest earnings report for the second quarter of fiscal 2025 illustrates a mixed set of outcomes, reflecting significant advancements in certain segments while highlighting ongoing challenges that the company faces in other areas.Revenue reached a record $1.43 billion, marking a 6% sequential and 27% year-over-year growth, driven by substantial progress in AI-related datacom transceivers and increasing demand in the telecom sector.This growth is a positive indicator of Coherent's robust position in high-speed optical data communication markets, especially as they continue to expand their customer base for significant transceiver products like the 800-gig and invest in advancing their 1.6T transceiver applications.

Coherent Corp.: Datacom Revenue Diversification To Secure A Competitive Edge In The Market!

United States

Coherent, Inc. is a global company that manufactures and sells a variety of laser-based photonic products.  The Company's products are used in manufacturing and instrumentation applications that include optical telecommunication, semiconductor manufacturing, inspection and test, advance packaging, and reprographics.  The electro-optical market consists of Fortune 500 customers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Coherent Inc (COHR US)

Coherent: What Makes Its ZR/ZR+ Transceiver Boom a Potential Revenue Game-Changer?

Coherent is demonstrating a robust expansion in its market segments, driven primarily by significant demand in its Datacenter and Communications...

Baptista Research

Coherent’s Data Center Breakthrough: The 1.6-Terabyte Revolution Is Here!

Coherent Inc.'s fourth quarter and full fiscal year 2025 results reflect both strong performance and some areas of challenges. The company...

Baptista Research

Coherent Sells $400 Million Unit To Advent—What Are They Hiding?

Coherent Corp has announced a strategic divestiture, selling its Aerospace and Defense (A&D) business unit to private equity firm Advent...

Baptista Research

Coherent Corp.: Can It Capitalize On Macro Tailwinds Through Expansion in Data Center and Communication Markets?

Coherent recently held its fiscal year 2025 third-quarter earnings call, during which the company shared both its financial results and strategic...

Baptista Research

Coherent Corp.: Datacom Revenue Diversification To Secure A Competitive Edge In The Market!

Coherent's latest earnings report for the second quarter of fiscal 2025 illustrates a mixed set of outcomes, reflecting significant advancements...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)