Lumentum Holdings Inc. (LITE) – What Are Analysts Saying About This Stock?

14 Oct 2026, 06:01 by Renee Jackson · The Cerbat Gem

Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) have earned an average rating of “Moderate Buy” from the twenty-three ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, sixteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $1,078.75.

A number of analysts have commented on the stock. Rosenblatt Securities restated a “buy” rating and set a $1,300.00 price target on shares of Lumentum in a research report on Monday, October 5th. JPMorgan Chase & Co. increased their price objective on shares of Lumentum from $1,165.00 to $1,280.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Stifel Nicolaus increased their price objective on shares of Lumentum from $1,100.00 to $1,232.00 and gave the company a “buy” rating in a report on Monday, October 5th. Zacks Research upgraded shares of Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Lumentum in a report on Monday, August 31st. They set a “buy” rating and a $1,200.00 target price on the stock.

View Our Latest Stock Report on Lumentum

More Lumentum News

Here are the key news stories impacting Lumentum this week:

Positive Sentiment: Lumentum’s backlog has crossed a significant threshold, with demand reportedly exceeding supply and orders booked well into 2029. Supporters argue that this visibility strengthens the company’s outlook and may justify buying the recent pullback. Lumentum’s Massive Backlog and Demand Justify Buying at Today’s Price
Positive Sentiment: Lumentum, Astera Labs, and Corning demonstrated a PCIe-over-optics platform for AI rack-scale systems at the OCP Global Summit. The technology highlights Lumentum’s role in next-generation data-center connectivity, while management said optical-component demand is largely committed through 2029. Lumentum, Astera Labs, and Corning Demonstrate PCIe over Optics
Positive Sentiment: Several analysts and commentators remain bullish, citing potential free-cash-flow expansion, approximately $1.1 billion in net cash, strong AI exposure, and the possibility of substantial fiscal 2027 revenue growth. Lumentum has also been identified as a potential buy-on-the-dip AI stock. Lumentum: The Free Cash Flow Inflection I’m Betting On
Neutral Sentiment: Analyst opinions are mixed. While some see significant long-term upside from AI connectivity, others are more cautious following Lumentum’s sharp rally and the stock’s demanding valuation. Analysts’ Opinions Are Mixed
Negative Sentiment: The immediate catalyst is sector-wide selling in optical stocks. After gaining roughly 164% in 2026, Lumentum has experienced a recent pullback as investors take profits and question whether AI infrastructure spending can remain at current levels. Optical Networking Selloff and AI Funding Fears
Negative Sentiment: The selloff has been especially pronounced even though Lumentum’s capacity is reportedly sold out, suggesting that valuation and concerns about future demand—not current order visibility—are driving the stock lower. Lumentum Falls as Optics Selloff Hits Hardest

Insider Buying and Selling

In other news, CFO Wajid Ali sold 24,542 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $1,048.50, for a total value of $25,732,287.00. Following the sale, the chief financial officer owned 75,074 shares of the company’s stock, valued at approximately $78,715,089. The trade was a 24.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yuen Wupen sold 307 shares of the company’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $945.00, for a total value of $290,115.00. Following the completion of the sale, the insider owned 108,320 shares of the company’s stock, valued at approximately $102,362,400. This trade represents a 0.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 94,496 shares of company stock valued at $85,978,498 over the last 90 days. 0.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LITE. Red Spruce Capital LLC boosted its stake in shares of Lumentum by 0.4% during the 3rd quarter. Red Spruce Capital LLC now owns 3,200 shares of the technology company’s stock worth $3,108,000 after acquiring an additional 12 shares during the period. CYBER HORNET ETFs LLC increased its holdings in shares of Lumentum by 7.2% during the 2nd quarter. CYBER HORNET ETFs LLC now owns 209 shares of the technology company’s stock worth $179,000 after acquiring an additional 14 shares during the last quarter. Hilltop National Bank raised its stake in Lumentum by 26.8% in the 2nd quarter. Hilltop National Bank now owns 71 shares of the technology company’s stock valued at $61,000 after acquiring an additional 15 shares during the period. Sachetta LLC raised its stake in Lumentum by 118.8% in the 1st quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after acquiring an additional 19 shares during the period. Finally, Kieckhefer Group LLC raised its stake in Lumentum by 0.8% in the 3rd quarter. Kieckhefer Group LLC now owns 3,191 shares of the technology company’s stock valued at $3,099,000 after acquiring an additional 25 shares during the period. 94.05% of the stock is owned by institutional investors and hedge funds.

Lumentum Price Performance

Shares of NASDAQ LITE opened at $987.99 on Wednesday. Lumentum has a fifty-two week low of $152.54 and a fifty-two week high of $1,143.00. The firm’s 50-day simple moving average is $930.77 and its 200 day simple moving average is $873.79. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01. The stock has a market cap of $89.49 billion, a P/E ratio of -12.02 and a beta of 1.53.

Lumentum (NASDAQ:LITE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.26. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $987.70 million. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The company’s quarterly revenue was up 109.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.88 earnings per share. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Equities analysts expect that Lumentum will post 19.79 EPS for the current year.

About Lumentum

(Get Free Report)

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.