Optics Stocks Divide: Coherent and Cisco Drop After Earnings While Nokia and Ciena Soar
Coherent and Cisco fell despite beating estimates, while Ciena and Nokia rose as analysts cited stronger data center interconnect demand.
3 Articles
3 Articles
Optics Stocks Divide: Coherent and Cisco Drop After Earnings While Nokia and Ciena Soar
Two optics companies beat earnings estimates and watched their stocks crater while rivals selling into the exact same AI demand surge went flying in the opposite direction. The divergence comes down to something buried in the cash flow disclosures that most headlines missed.
Coherent Shares Drop 8% Post-Earnings with $1.1 Billion Capex Raising Questions for AI Optics Demand
NEW YORK, August 14, 2026, 07:20 EDT Coherent shares ended Thursday at $327.33, declining 7.96%.Operating cash flow for fiscal 2026 dropped 87% to $79.5 million.AI-optics capacity growth drove capital expenditure to $1.10 billion. Coherent Corp. (NYSE:COHR) dropped 7.96% on Thursday, even as it reported record-high quarterly revenue. The decline pointed to a deeper concern beyond…
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