Coherent's AI Selloff Is A Massive Opportunity

The recent AI infrastructure selloff reflected sentiment and valuation reset, while Coherent maintained record backlog visibility extending through 2028. Six-inch indium phosphide expansion strengthens Coherent's manufacturing moat as demand visibility, margins, and production capacity continue improving simultaneously. COHR is positioned across transceivers, Optical Circuit Switching, Co-Packaged Optics and thermal technologies, creating multiple overlapping long-term growth drivers. Revenue is projected to increase from $7.1 billion to $13.0 billion by FY2028 while forward EV/Sales remains well below key peers. What makes me even more bullish now on Coherent ( COHR ) isn't another strong quarter. It's the longer-term transformation I've been watching for months. What becomes relevant is the fact that the company is slowly and