San Ramon, California-based The Cooper Companies, Inc. (COO) develops, manufactures, and markets contact lenses for wearers. The company has a market cap of $14.9 billion and operates in two segments, CooperVision and CooperSurgical, and offers spherical, toric, and multifocal contact lenses that address vision challenges, such as astigmatism, presbyopia, and myopia, and more.
Shares of Cooper Companies have lagged behind the broader market over the past year, growing 1.6% compared to the S&P 500 Index’s ($SPX) 20.5% surge. Moreover, in 2026, the stock has fallen by nearly 6.7%, also underperforming SPX’s 12.1% gain.