Top Stock Picks: Three stocks with a buy rank and strong momentum are highlighted: TAT Technologies Ltd., Lumentum Holdings Inc., and Arista Networks, Inc.
TAT Technologies Ltd.: This aerospace solutions provider has a Zacks Rank #1, with a 10.7% increase in earnings estimates over 60 days and a share price gain of 21.9% in three months.
Lumentum Holdings Inc.: An optical products company also holding a Zacks Rank #1, it saw a 20.5% rise in earnings estimates and a significant share price increase of 57.5% over the last three months.
Arista Networks, Inc.: This cloud networking firm, with a Zacks Rank #1, experienced a 9.8% rise in earnings estimates and a 46.1% increase in share price over the past three months.
LITE
$316.15+Infinity%1D
Analyst Views on LITE
Wall Street analysts forecast LITE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LITE is 251.29 USD with a low forecast of 145.00 USD and a high forecast of 380.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
Wall Street analysts forecast LITE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LITE is 251.29 USD with a low forecast of 145.00 USD and a high forecast of 380.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
5 Hold
0 Sell
Moderate Buy
Current: 334.690
Low
145.00
Averages
251.29
High
380.00
Current: 334.690
Low
145.00
Averages
251.29
High
380.00
JPMorgan
Samik Chatterjee
Overweight
upgrade
$235 -> $350
2025-12-05
Reason
JPMorgan
Samik Chatterjee
Price Target
$235 -> $350
2025-12-05
upgrade
Overweight
Reason
JPMorgan analyst Samik Chatterjee raised the firm's price target on Lumentum to $350 from $235 and keeps an Overweight rating on the shares. The firm upped estimates for the optical companies citing "scale-across and multi-rail opportunities." The firm says the incremental total addressable market associated with scale-across, as well as telecom product innovation to support multi-rail infrastructure in long-haul and metro networks, creates a stronger outlook for the sustainability of "already robust growth rates over a longer period" for the optical names. As it results, JPMorgan is giving the stocks a higher earnings multiple.
Rosenblatt
Mike Genovese
Buy
maintain
$280 -> $380
2025-12-04
Reason
Rosenblatt
Mike Genovese
Price Target
$280 -> $380
2025-12-04
maintain
Buy
Reason
Rosenblatt analyst Mike Genovese raised the firm's price target on Lumentum to $380 from $280 and keeps a Buy rating on the shares. The firm is increasing its estimates and price target after a recent meeting with management, telling investors that the firm sees Lumentum as "the single best positioned name in our coverage for AI scale up, scale out, and scale across." For Lumentum, the firm's estimates are 7% of ahead of consensus on FY26 and FY27 revenues, and 12% to 17% above on EPS, the analyst noted.
Northland
Outperform
upgrade
$250 -> $350
2025-12-03
Reason
Northland
Price Target
$250 -> $350
2025-12-03
upgrade
Outperform
Reason
Northland raised the firm's price target on Lumentum (LITE) to $350 from $250 and keeps an Outperform rating on the shares. The firm is raising price targets on several suppliers of lasers/external light sources and other components for scale up Co-Packaged Optics solutions based on Marvell's (MRVL) $3.25B baseline and $5.5B all in acquisition of start up Celestial AI, the analyst tells investors.
Needham
Needham
Buy
maintain
$235 -> $290
2025-11-24
Reason
Needham
Needham
Price Target
$235 -> $290
2025-11-24
maintain
Buy
Reason
Needham raised the firm's price target on Lumentum to $290 from $235 and keeps a Buy rating on the shares after meeting with its management team, saying the firm has come away from the discussions incrementally bullish on this "Top Pick for 2025" opportunity in data center optics over the coming years. Lumentum is confident that its aggressive capacity expansion investments will enable it to remain the largest commercial laser supplier to the cloud industry, the analyst tells investors in a research note. Lumentum production capacity is also fungible, so the company can easily adapt to demand for both EML or SiPho transceiver designs, the firm added.
About LITE
Lumentum Holdings Inc. is a designer and manufacturer of optical and photonic products enabling optical networking and laser applications worldwide. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
