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LITE Stock Chart & Stats
$885.56
-$70.65(-8.47%)
At close: 4:00 PM EDT
$885.56
-$70.65(-8.47%)
Day’s Range― - ―
52-Week Range$152.54 - $1,143.00
Previous CloseN/A
Volume3.65M
Average Volume (3M)4.77M
Market Cap
$74.65B
Enterprise Value$68.05B
Total Cash (Recent Filing)$2.74B
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)―
Beta2.24
Next Earnings
Nov 05, 2026EPS Estimate
4.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-92.96
Shares Outstanding90,582,855
10 Day Avg. Volume4,879,806
30 Day Avg. Volume4,771,408
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)13.12
Price to Sales (P/S)20.22
P/FCF Ratio203.09
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue22.58
Enterprise Value/Gross Profit54.18
Enterprise Value/Ebitda-9.89
Forecast
1Y Price Target
$1,141.88Price Target Upside28.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)21.7
Revenue Forecast (FY)$6.29B
Bulls Say, Bears Say
Bulls Say
Revenue And Gross-margin RecoveryThe sharp revenue rebound and major gross-margin improvement indicate stronger demand and a more favorable product mix or pricing environment. If sustained, these gains can improve operating leverage, strengthen internal funding capacity, and support better earnings quality over the next several quarters.
Balance-sheet DeleveragingSubstantial debt reduction and equity expansion have materially improved financial flexibility. Lower leverage reduces refinancing pressure and interest burden, giving Lumentum more capacity to fund manufacturing expansion, absorb demand volatility, and pursue strategic opportunities without relying as heavily on additional borrowing.
Broad Optical Product AdoptionAdoption across 800G, 1.6T, OCS, and advanced laser products supports a durable technology-upgrade cycle in optical networking. Broad product momentum reduces reliance on a single offering and can support sustained growth as cloud and AI infrastructure require higher-speed connectivity.
Bears Say
Severe GAAP Earnings VolatilityThe exceptionally large GAAP loss demonstrates substantial volatility in reported earnings and makes normalized profitability harder to assess. Although the charge was non-cash and linked to debt conversion, such distortions can complicate performance evaluation and reduce confidence in near-term accounting earnings quality.
Persistent Supply ConstraintsSupply constraints are limiting the company’s ability to convert strong customer demand into shipments and revenue. Continued shortages in EMLs and high-power lasers could delay customer deployments, constrain growth, and place execution pressure on capacity expansion and supplier actions over the coming quarters.
Uneven Cash-generation HistoryThe latest cash-flow rebound is encouraging, but two prior years of negative free cash flow show that cash generation has not yet demonstrated consistency through the cycle. Variability can constrain investment flexibility and makes funding capacity more dependent on maintaining current operating momentum.
Lumentum Holdings News
LITE FAQ
What was Lumentum Holdings’s price range in the past 12 months?
Lumentum Holdings lowest stock price was $152.54 and its highest was $1143.00 in the past 12 months.
What is Lumentum Holdings’s market cap?
Lumentum Holdings’s market cap is $74.65B.
When is Lumentum Holdings’s upcoming earnings report date?
Lumentum Holdings’s upcoming earnings report date is Nov 05, 2026 which is in 17 days.
How were Lumentum Holdings’s earnings last quarter?
Lumentum Holdings released its earnings results on Aug 11, 2026. The company reported $3.23 earnings per share for the quarter, beating the consensus estimate of $2.969 by $0.261.
Is Lumentum Holdings overvalued?
According to Wall Street analysts Lumentum Holdings’s price is currently Undervalued.
Does Lumentum Holdings pay dividends?
Lumentum Holdings does not currently pay dividends.
What is Lumentum Holdings’s EPS estimate?
Lumentum Holdings’s EPS estimate is 4.21.
How many shares outstanding does Lumentum Holdings have?
Lumentum Holdings has 90,582,855 shares outstanding.
What happened to Lumentum Holdings’s price movement after its last earnings report?
Lumentum Holdings reported an EPS of $3.23 in its last earnings report, beating expectations of $2.969. Following the earnings report the stock price went up 13.634%.
Which hedge fund is a major shareholder of Lumentum Holdings?
Currently, no hedge funds are holding shares in LITE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lumentum Holdings Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$1,141.88 (28.94% Upside)
$1,141.88 (28.94% Upside)
Blogger Sentiment
Bullish
LITE Sentiment 82%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 467.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
404.88%
12-Months-Change
Fundamentals
Return on Equity
-300.07%
Trailing 12-Months
Asset Growth
73.22%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Lumentum Holdings
Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components, modules, and subsystems essential for transmitting video, audio, and data across high-capacity fiber optic networks. Its offerings encompass a wide range of products, including tunable transponders, transceivers, and transmitter modules, alongside various tunable lasers, receivers, and modulators. Furthermore, this segment provides critical transport products such as reconfigurable optical add/drop multiplexers (ROADMs), optical amplifiers, and optical channel monitors. A comprehensive suite of components is also available, featuring 980nm, multi-mode, and Raman pumps; switches; attenuators; photodetectors; gain flattening filters; isolators; wavelength-division multiplexing (WDM) filters; arrayed waveguide gratings (AWGs); multiplex/de-multiplexers; and integrated passive modules. Distinctive innovations from this segment include the Super Transport Blade, which integrates multiple optical transport functions into a single unit; vertical-cavity surface-emitting lasers (VCSELs); directly modulated and electro-absorption modulated lasers; and advanced laser illumination sources for 3D sensing systems. OpComms serves key clientele in the telecommunications, data communications, consumer, and industrial markets. Conversely, the Commercial Lasers segment produces an array of laser technologies, such as diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers. These are primarily utilized in original equipment manufacturer (OEM) applications. This segment's laser solutions cater to a broad spectrum of markets and uses, including sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining.
LITE Company Deck
LITE Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted substantial revenue acceleration, strong margin expansion, record shipments across multiple product lines, and accelerated adoption of 1.6T and new optical architectures (NPO/CPO/ELS). Management provided confident near-term guidance (Q1 midpoint $1.25B) and outlined capacity and supply actions (AXT deal, Greensboro ramp, CapEx). Key challenges were a large one-time GAAP charge from convertible note conversions (non-cash), continued supply constraints in certain products (notably ultra-high-power lasers and ongoing EML demand shortfall), and a cash decline tied to the conversion. Overall, positives (strong growth, margin leverage, product momentum, guidance beat) materially outweigh the negatives, though execution on supply ramp and capacity expansion remains critical.View all LITE earnings summariesLITE Stock 12 Month Forecast
Average Price Target
$1,141.88
▲(28.94% Upside)
Technical Analysis
Ownership Overview
0.77% Insiders
27.44% Mutual Funds
0.72% Other Institutional Investors
36.95% Public Companies and Individual Investors