Lumentum (LITE) Projected to Post Quarterly Earnings on Tuesday

Lumentum (NASDAQ:LITE - Get Free Report) will likely be posting its Q3 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Lumentum to post earnings of $0.48 per share and revenue of $418.18 million for the quarter.

Lumentum (NASDAQ:LITE - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.41). Lumentum had a negative return on equity of 7.25% and a negative net margin of 36.98%. On average, analysts expect Lumentum to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Lumentum Stock Performance

NASDAQ:LITE opened at $60.08 on Tuesday. The stock has a market cap of $4.16 billion, a P/E ratio of -7.81 and a beta of 1.14. The stock has a 50 day simple moving average of $61.57 and a 200 day simple moving average of $74.99. The company has a current ratio of 4.76, a quick ratio of 3.60 and a debt-to-equity ratio of 2.94. Lumentum has a 1-year low of $38.29 and a 1-year high of $104.00.

Analysts Set New Price Targets

Several research firms recently weighed in on LITE. Rosenblatt Securities dropped their price target on Lumentum from $110.00 to $85.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Raymond James raised Lumentum from an "outperform" rating to a "strong-buy" rating and dropped their price target for the stock from $96.00 to $82.00 in a report on Monday, March 24th. BNP Paribas raised Lumentum from a "neutral" rating to an "outperform" rating and set a $92.00 price target for the company in a report on Tuesday, March 11th. Morgan Stanley dropped their price objective on Lumentum from $83.00 to $81.00 and set an "equal weight" rating for the company in a report on Friday, January 31st. Finally, Barclays dropped their price objective on Lumentum from $125.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Lumentum presently has a consensus rating of "Moderate Buy" and a consensus target price of $82.60.

Insider Activity

In other news, CFO Wajid Ali sold 2,172 shares of Lumentum stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $78.34, for a total value of $170,154.48. Following the transaction, the chief financial officer now owns 51,976 shares in the company, valued at approximately $4,071,799.84. This trade represents a 4.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.19% of the company's stock.

Lumentum Company Profile

Lumentum Holdings Inc manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.

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