COHR stock price trend correlates strongly with AI hardware investment cycles, where increased spending by hyperscale cloud providers could sustain multi-quarter revenue growth. Overall COHR ranks 11th on our list of the most important AI stocks to buy. While we acknowledge the potential of COHR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than COHR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock . Our team is working diligently to resolve the issue. Thank you for your patience and understanding. Analysts project COHR stock price could test $70 within two quarters if gross margins improve beyond 40%, supported by diversified end-market exposure in telecom and industrial lasers.
