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Lumentum Price Target & Analyst Ratings (NASDAQ:LITE)

$69.25
+0.34 (+0.49 %)
(As of 11/20/2019 02:28 AM ET)
Today's Range
$68.19
Now: $69.25
$69.41
50-Day Range
$49.18
MA: $58.72
$69.37
52-Week Range
$37.29
Now: $69.25
$69.41
Volume826,500 shs
Average Volume1.50 million shs
Market Capitalization$5.35 billion
P/E Ratio20.98
Dividend YieldN/A
Beta1.37

Analyst Ratings

Lumentum (NASDAQ:LITE) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Lumentum in the last 12 months. Their average twelve-month price target is $71.58, suggesting that the stock has a possible upside of 3.36%. The high price target for LITE is $85.00 and the low price target for LITE is $56.00. There are currently 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.063.063.133.11
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
15 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
15 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
14 Buy Rating(s)
2 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
16 Buy Rating(s)
2 Strong Buy Rating(s)
Consensus Price Target: $71.58$69.64$70.27$68.06
Price Target Upside: 3.36% upside26.94% upside19.03% upside47.43% upside

Lumentum (NASDAQ:LITE) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Lumentum (NASDAQ:LITE) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/11/2019Morgan StanleyDowngradeOverweight ➝ Equal$65.00 ➝ $68.00High
11/1/2019UBS GroupSet Price TargetBuy$71.00Low
11/1/2019MKM PartnersSet Price TargetBuy$75.00Low
11/1/2019JPMorgan Chase & Co.Set Price TargetBuy$74.00Low
11/1/2019B. RileyBoost Price TargetBuy$71.00 ➝ $75.00High
10/31/2019Craig HallumBoost Price TargetBuy$75.00 ➝ $85.00Low
10/28/2019Needham & Company LLCReiterated RatingBuy$70.00Medium
10/18/2019Stifel NicolausSet Price TargetBuy$70.00N/A
9/24/2019Rosenblatt SecuritiesReiterated RatingBuy$80.00High
8/9/2019BarclaysBoost Price TargetOverweight$60.00 ➝ $65.00Medium
8/9/2019Piper Jaffray CompaniesBoost Price TargetOverweight$68.00 ➝ $72.00Low
7/1/2019Northland SecuritiesReiterated RatingBuy$71.25High
5/21/2019Jefferies Financial GroupLower Price TargetBuy$75.00 ➝ $60.00High
5/20/2019DA DavidsonSet Price TargetBuy$75.00High
3/14/2019Raymond JamesBoost Price TargetStrong-Buy ➝ Strong-Buy$75.00 ➝ $78.00Low
11/28/2018Loop CapitalBoost Price TargetBuy$56.00Low
7/17/2018Cascend SecuritiesInitiated CoverageBuy$70.00Low
6/20/2018Goldman Sachs GroupUpgradeNeutral ➝ Buy$79.00Low
5/3/2018Drexel HamiltonSet Price TargetBuy$85.00Low
(Data available from 11/20/2017 forward)
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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