AI-Driven DemandIncreased exposure to the Datacom segment, which is experiencing AI-led growth in demand, positions LITE shares as a potential pick to capitalize on the AI theme.
Optical TAM GrowthOptical TAM is expected to grow significantly, with a 45% CAGR from CY25-CY30, contributing to a favorable view of the company.
Sales MilestonesAnalyst believes Lumentum reaches significant sales milestones earlier than expected, with Street estimates likely to be revised higher.