Lumentum (NASDAQ:LITE) Issues Q1 2026 Earnings Guidance

Key Points

• Lumentum (NASDAQ:LITE) has provided an optimistic earnings guidance for Q1 2026, expecting earnings per share between 0.950 and 1.100, surpassing the consensus estimate of 0.870.
• The company also forecasts revenue in the range of $510.0 million to $540.0 million, which is above the consensus revenue estimate of $496.7 million.
• Analyst ratings for Lumentum show a consensus of Moderate Buy with an average price target of $88.20, while recent target price adjustments have varied significantly among analysts.

Lumentum (NASDAQ:LITE - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.950-1.100 for the period, compared to the consensus estimate of 0.870. The company issued revenue guidance of $510.0 million-$540.0 million, compared to the consensus revenue estimate of $496.7 million.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. UBS Group decreased their target price on shares of Lumentum from $96.00 to $78.00 and set a "neutral" rating for the company in a research note on Wednesday, May 7th. Wolfe Research began coverage on shares of Lumentum in a research note on Tuesday, July 8th. They set an "outperform" rating for the company. Susquehanna raised their price objective on shares of Lumentum from $95.00 to $125.00 and gave the company a "positive" rating in a research report on Tuesday, July 22nd. Northland Securities set a $80.00 price objective on shares of Lumentum in a research report on Wednesday, May 7th. Finally, Morgan Stanley restated a "positive" rating on shares of Lumentum in a research report on Monday, August 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Lumentum presently has a consensus rating of "Moderate Buy" and an average price target of $88.20.

Lumentum Stock Performance

LITE traded up $4.63 on Tuesday, hitting $119.66. 5,657,073 shares of the company's stock were exchanged, compared to its average volume of 2,511,965. The firm has a market cap of $8.30 billion, a PE ratio of -18.55 and a beta of 1.33. Lumentum has a twelve month low of $44.77 and a twelve month high of $120.30. The stock has a fifty day moving average of $95.61 and a two-hundred day moving average of $77.72. The company has a current ratio of 4.72, a quick ratio of 3.53 and a debt-to-equity ratio of 2.91.

Lumentum (NASDAQ:LITE - Get Free Report) last posted its earnings results on Tuesday, August 12th. The technology company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.47). Lumentum had a negative return on equity of 8.69% and a negative net margin of 29.87%. On average, research analysts anticipate that Lumentum will post 0.03 earnings per share for the current fiscal year.

Insider Transactions at Lumentum

In other Lumentum news, insider Yuen Wupen sold 4,716 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $76.87, for a total value of $362,518.92. Following the completion of the sale, the insider owned 82,957 shares in the company, valued at $6,376,904.59. This represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Wajid Ali sold 2,222 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $83.58, for a total transaction of $185,714.76. Following the completion of the sale, the chief financial officer owned 47,460 shares of the company's stock, valued at approximately $3,966,706.80. The trade was a 4.47% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 85,583 shares of company stock worth $8,002,956. 0.19% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of Lumentum by 109.9% during the 1st quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company's stock valued at $747,000 after acquiring an additional 6,275 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Lumentum by 9.1% during the 1st quarter. Empowered Funds LLC now owns 8,139 shares of the technology company's stock valued at $507,000 after acquiring an additional 680 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company's stock valued at $59,000 after acquiring an additional 254 shares in the last quarter. Institutional investors own 94.05% 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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