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zacks.comSEP 223 min read$COHR

Buy These 2 Technology Services Stocks to Tap Recent Northbound Trend

Zacks Investment Research highlights Coherent Corp. (COHR) and Cerebras Systems Inc. (CBRS) as AI-led technology services stocks with favorable Zacks Rank. COHR expects Q1 2027 revenues of $2.2B-$2.4B and adjusted EPS of $1.85-$2.05. CBRS projects Q3 2026 core revenues of $214M-$216M and raised 2026 core revenue guidance to $880M-$890M. Both companies show strong growth prospects in AI and data center markets.

Original reporting
zacks.com
Published Sep 22, 2026, 1:46 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 22, 2026, 2:35 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Buy These 2 Technology Services Stocks to Tap Recent Northbound Trend — source image
Source · zacks.com
Decision brief

The 30-second read

$COHRBullishMed
01

Why it matters

Both companies posted strong quarterly results and raised guidance, suggesting near‑term upside.

02

Market read

The guidance upgrades and strategic partnership signal continued growth in AI infrastructure, supporting bullish sentiment for related tech stocks.

03

What to watch

Potential supply‑chain constraints for optical components and wafer‑scale chips could limit execution.

Relevance 6/10Novelty 6/10Timing: published today

Background

Zacks recommends two AI‑led technology services stocks after reviewing recent price performance and updated guidance.

Company-level read

Ticker impact

$COHRBullishHigh confidence
Context

Coherent Corp. disclosed FY2027 Q1 revenue guidance of $2.2‑$2.4 B and a $2 B investment from NVIDIA, indicating strong growth prospects.

Expected impact

Potential price appreciation of 20‑30% over the next quarter if guidance is met.

Evidence & confidence

Guidance exceeds prior expectations and includes a sizable NVIDIA investment, which is likely to be well‑received by investors.

$CBRSBullishHigh confidence
Context

Cerebras Systems reported Q2 2026 core revenue jump of 103% YoY to $209.9 M and raised its 2026 core revenue outlook to $880‑$890 M.

Expected impact

Expect continued upside, possibly 15‑25% higher if growth sustains.

Evidence & confidence

Quarterly results beat expectations and the company lifted its full‑year outlook, supporting a positive price reaction.

Market effects

Sector

Highlights continued demand for AI‑focused optical and wafer‑scale technologies within the tech services sector.

Regional

U.S. tech stocks may benefit from the positive outlook of these AI‑related firms.

Global

Reinforces broader AI investment narrative across global markets.

Counterpoint

What could challenge this read

Valuations may already price in aggressive growth; any slowdown could trigger a sharp correction.

Key entities

  • company
    Coherent Corp.

    AI optics provider with new NVIDIA partnership and FY2027 guidance.

  • company
    Cerebras Systems Inc.

    Wafer‑scale AI inference chip maker with raised 2026 revenue outlook.

Read at source← All news

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