{
 "ticker": "COHR",
 "name": "Coherent",
 "url": "https://grantbishop.pages.dev/index/COHR",
 "sells": "Coherent makes lasers and optical components that move data between computers and data centers.",
 "why": "We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.",
 "questions": [
  {
   "slug": "data-centers",
   "question": "Who builds and equips the data centers?",
   "url": "https://grantbishop.pages.dev/index/q/data-centers"
  }
 ],
 "tests": [
  {
   "id": "W-3",
   "claim": "Spare rented computing capacity moves work around; it does not cancel new power and cooling construction, which follows capital spending, not chip scarcity.",
   "url": "https://grantbishop.pages.dev/claims/spare-compute-does-not-stop-power-building"
  },
  {
   "id": "W-2",
   "claim": "The summer sell-offs on beat-and-raise reports are the market paying less for earnings, not the businesses failing. They reverse when the price of money stops rising.",
   "url": "https://grantbishop.pages.dev/claims/market-pays-less-for-earnings"
  }
 ],
 "reports_next": null,
 "latest_disclosed": {
  "form": "10-K",
  "filed": "2026-08-14",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031826000020/iivi-20260630.htm"
 },
 "disclosed": [],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-K filed 2026-08-14 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [
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    "what_it_said": null,
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   },
   {
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    "period": "2026-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031826000023/iivi-20260930.htm",
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   },
   {
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   {
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   {
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    "what_it_said": null,
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   },
   {
    "form": "8-K",
    "filed": "2026-05-06",
    "period": "2026-05-06",
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    "what_it_said": null,
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   },
   {
    "form": "10-Q",
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    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031826000013/iivi-20260331.htm",
    "what_it_said": null,
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   },
   {
    "form": "8-K",
    "filed": "2026-04-28",
    "period": "2026-04-27",
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   },
   {
    "form": "8-K",
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    "url": "https://www.sec.gov/Archives/edgar/data/820318/000119312526084366/d42735d8k.htm",
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   {
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    "what_it_said": null,
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   },
   {
    "form": "10-Q",
    "filed": "2026-02-04",
    "period": "2025-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031826000006/iivi-20251231.htm",
    "what_it_said": null,
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   },
   {
    "form": "8-K",
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    "period": "2025-12-16",
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   },
   {
    "form": "8-K",
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   {
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   {
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   {
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   {
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    "url": "https://www.sec.gov/Archives/edgar/data/820318/000119312525020821/d835094d8k.htm",
    "what_it_said": null,
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   {
    "form": "10-Q",
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    "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031825000004/iivi-20241231.htm",
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   {
    "form": "8-K",
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    "period": "2025-01-02",
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   {
    "form": "8-K/A",
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   {
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    "url": "https://www.sec.gov/Archives/edgar/data/820318/000119312524258545/d915147d8k.htm",
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   {
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   {
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    "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031824000035/iivi-20240930.htm",
    "what_it_said": null,
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   }
  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 225.19,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 197.19,
   "high": 229.48,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 130.42,
   "low_date": "2025-11-21",
   "high": 440,
   "high_date": "2026-06-03",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": {
   "value": 44353122672,
   "currency": "USD",
   "as_of": "2026-11-09",
   "computed": "the last close times the shares outstanding on the filing cover",
   "shares": {
    "count": 196958669,
    "as_of": "2026-11-02",
    "form": "10-Q",
    "filed": "2026-11-04",
    "url": "https://www.sec.gov/Archives/edgar/data/820318/000082031826000023/"
   }
  },
  "forward_multiple": null,
  "checked_at": "2026-11-11 01:15:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}