Lumentum (LITE) Stock Price, News & Analysis

Company Overview

Lumentum Holdings Inc. is a photonics and optical technology company that develops and manufactures products used to transmit, process and manage light. Its solutions support communications networks, data centers, cloud computing infrastructure, industrial applications, and other technology markets that rely on high-speed optical connectivity and precision lasers.

The company’s product portfolio includes optical components and modules for telecommunications and networking, lasers and laser systems, optical amplifiers, wavelength-management products, and photonic subsystems. Lumentum also supplies technologies used in communications test equipment, industrial manufacturing, sensing, and selected consumer electronics applications.

Lumentum was formed in 2015 through the separation of the optical communications and commercial lasers businesses from JDS Uniphase. Based in San Jose, California, the company serves customers worldwide through operations, manufacturing and sales activities spanning North America, Europe and Asia. Its customers include communications service providers, network equipment manufacturers, data-center operators, industrial companies and other technology businesses.

Key Stats

• Today's Range: $1,098.70 to $1,098.70
• 50-Day Range: $602.35 to $1,133.40
• 52-Week Range: $147.81 to $1,137.20
• Volume: 128,221 shs
• Average Volume: 5.48 million shs
• Market Capitalization: $99.24 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1,078.75
• Consensus Rating: Moderate Buy

Lumentum Stock Analysis - MarketRank™

Lumentum scored higher than 63% of companies evaluated by MarketBeat, and ranked 269th out of 597 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lumentum has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 1 strong buy rating, 16 buy ratings, 5 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Lumentum is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Lumentum has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 66.63%

Earnings Growth

Earnings for Lumentum are expected to grow by 66.63% in the coming year, from $19.78 to $32.96 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lumentum is -13.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lumentum is -13.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lumentum has a P/B Ratio of 18.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.29% of the float of Lumentum has been sold short.

Short Interest Ratio / Days to Cover

Lumentum has a short interest ratio ("days to cover") of 1.63, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lumentum has recently decreased by 8.55%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lumentum does not currently pay a dividend.

Dividend Growth

Lumentum does not have a long track record of dividend growth.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.53

News Sentiment

Lumentum has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.

News Coverage This Week

MarketBeat has tracked 40 news articles for Lumentum this week, compared to 10 articles on an average week.

Search Interest

140 people have searched for LITE on MarketBeat in the last 30 days. This is an increase of 1% compared to the previous 30 days.

MarketBeat Follows

69 people have added Lumentum to their MarketBeat watchlist in the last 30 days. This is an increase of 44% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lumentum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $85,978,498.00 in company stock.

Percentage Held by Insiders

0.43% of the stock of Lumentum is held by insiders.

Percentage Held by Institutions

94.05% of the stock of Lumentum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/11/2026
• Today: 10/07/2026
• Next Earnings (Confirmed): 11/05/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Communications Equipment
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:LITE
• Previous Symbol: NASDAQ:LITEV
• CIK: 1633978
• Web: www.lumentum.com
• Phone: (408) 546-5483
• Fax: N/A
• Employees: 13,757
• Year Founded: 2009

Price Target and Rating

• Average Price Target for Lumentum: $1,078.75
• High Price Target: $1,400.00
• Low Price Target: $240.00
• Potential Upside/Downside: -4.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.74
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): ($82.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 57.30
• P/E Growth: N/A
• Net Income: -$6.94 billion
• Net Margins: -230.15%
• Pretax Margin: -237.98%
• Return on Equity: 26.34%
• Return on Assets: 10.25%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.68
• Quick Ratio: 1.40

Sales & Book Value

• Annual Sales: $3.01 billion
• Price / Sales: 33.73
• Cash Flow: $13.52 per share
• Price / Cash Flow: 83.83
• Book Value: $59.69 per share
• Price / Book: 18.99

Miscellaneous

• Outstanding Shares: 89,700,000
• Free Float: 89,314,000
• Market Cap: $101.67 billion
• Optionable: Optionable
• Beta: 1.53