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Coherent Corp Amends Credit Agreement with JPMorgan

Story Highlights
  • Coherent Corp. refinanced its credit commitments, increasing the facility to $700 million.
  • The company replaced term B-2 loans with new term B-3 loans, adjusting interest rates.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coherent Corp Amends Credit Agreement with JPMorgan

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Coherent Corp ( (COHR) ) has provided an update.

On September 26, 2025, Coherent Corp. entered into significant amendments to its Credit Agreement with JPMorgan Chase Bank and other lenders. These amendments included refinancing existing revolving credit commitments and obtaining additional senior secured incremental revolving credit commitments, increasing the total facility to $700 million. The company also secured a new tranche of senior secured incremental term A loans amounting to $1.25 billion, which were used to repay existing loans and for general corporate purposes. Additionally, Amendment No. 5 replaced the outstanding term B-2 loans with new term B-3 loans, maintaining similar terms but with adjusted interest rates.

The most recent analyst rating on (COHR) stock is a Buy with a $127.00 price target. To see the full list of analyst forecasts on Coherent Corp stock, see the COHR Stock Forecast page.

Spark’s Take on COHR Stock

According to Spark, TipRanks’ AI Analyst, COHR is a Neutral.

Coherent Corp’s overall stock score reflects a mixed financial performance with strong revenue growth and cash flow generation but is offset by low profitability margins and high leverage. Technical indicators suggest bearish momentum, and valuation metrics are unattractive due to a negative P/E ratio. The earnings call provided positive guidance and strategic advancements, which are significant positives.

To see Spark’s full report on COHR stock, click here.

More about Coherent Corp

Average Trading Volume: 3,972,895

Technical Sentiment Signal: Buy

Current Market Cap: $16.6B

See more data about COHR stock on TipRanks’ Stock Analysis page.

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