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LITE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
888.570
Open
881.975
VWAP
851.79
Vol
4.18M
Mkt Cap
67.68B
Low
831.090
Amount
3.56B
EV/EBITDA(TTM)
146.74
Total Shares
77.80M
EV
67.79B
EV/OCF(TTM)
149.85
P/S(TTM)
29.22
Lumentum Holdings Inc. is an optical and photonic technology that powers the networks and infrastructure behind artificial intelligence (AI), cloud computing, and next-generation communications. 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 AI and machine learning 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's products include short-pulse solid-state lasers, kilowatt-class fiber lasers, diode lasers, and gas lasers, serving a range of end-market applications.
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Events Timeline

(ET)
2026-06-03
18:50:00
U.S.-Iran Conflict Boosts Oil Prices, Weighs on Tech Stocks
select
2026-06-02 (ET)
2026-06-02
10:00:00
Hewlett Packard Enterprise Gains 11.45% to $58.45
select
2026-05-21 (ET)
2026-05-21
10:00:00
Ralph Lauren Gains $30.40 to $359.64
select

News

stocktwits
2.0
06-17stocktwits
Photonics Stocks Rebound Amid Strong Market Demand
  • Surge in Market Demand: As hyperscalers ramp up spending on optical networking gear, photonics stocks like Applied Optoelectronics (AAOI) and Lumentum (LITE) rose between 1.3% and 2.3% in overnight trading, indicating strong market demand and rich valuations.
  • Market Volatility: Despite a significant drop of 10.8% for AAOI and 9.2% for POET on Tuesday, the overnight rebound suggests sustained investor confidence in photonic technologies, particularly following Nvidia CEO's mentions of related companies at the Computex conference.
  • Retail Sentiment Shift: Retail sentiment for AAOI shifted from 'neutral' to 'bullish', while LITE remained 'extremely bearish', reflecting differing market expectations that could influence future investment decisions.
  • Production Capacity Expansion: AAOI is projected to ramp up production to 930,000 optical transceivers per month by the end of 2027, a significant increase from 100,000 in Q1, showcasing the company's strategic positioning and enhanced production capabilities in a competitive landscape.
Yahoo Finance
4.5
06-17Yahoo Finance
Dow Jones Hits Record High, AI Stocks Decline
  • Dow Jones Record High: The Dow Jones index reached a new high, reflecting optimistic market sentiment regarding economic recovery, which may attract more investors to traditional sectors and drive related stocks higher.
  • SpaceX Continues to Rise: SpaceX shares continue to rise, indicating market confidence in its future launch plans and commercial potential, which could further strengthen its leadership position in the aerospace industry.
  • Chip Stocks Decline: Despite the overall strong market performance, chip and most AI stocks fell, reflecting investor concerns over these high-valuation stocks, potentially leading to a shift of funds towards more stable investment areas.
  • Fed Chair Comments in Focus: Comments from Fed Chair Kevin Warsh will be a focal point for the market, potentially influencing investor expectations regarding future monetary policy and thereby having a significant impact on the stock market.
Newsfilter
1.0
06-16Newsfilter
Lumentum Executives to Speak at AI Ethics Conference
  • Conference Participation: Lumentum's Chair Penny Herscher and CEO Michael Hurlston will speak at the Rome Conference on AI Ethics and Governance from June 18-20, 2026, showcasing the company's leadership in AI and fostering dialogue with global tech, business, and policy leaders.
  • Session Details: Herscher will participate in a discussion on the benefits and challenges of AI on June 19, while Hurlston will address AI infrastructure and the common good on June 20, aiming to share best practices and promote industry collaboration.
  • Technological Innovation: Lumentum's optical products, such as optical circuit switches and lasers, facilitate the transition of data centers from copper to optics, significantly reducing energy consumption and cooling requirements while enhancing overall water usage efficiency, aligning with sustainability goals.
  • Sustainability Commitment: Lumentum has set a target to achieve net-zero greenhouse gas emissions by 2030, demonstrating its strong commitment to advancing green technology and sustainable operations.
CNBC
2.0
06-16CNBC
Rackspace Partners with AMD for 30MW Computing Capacity Deployment
  • Rackspace and AMD Partnership: Rackspace announced a collaboration to deploy 30 megawatts of AMD computing capacity across its data centers, resulting in a 9% stock price increase for Rackspace while AMD shares fell 4%, indicating mixed market reactions to the partnership.
  • Mobileye's Autonomous Ride-Hailing: Mobileye plans to launch an autonomous ride-hailing service in a U.S. city by 2027, with shares rising nearly 3%, suggesting that this new initiative could significantly enhance its market share and brand presence in the driver-assist technology sector.
  • Southwest Airlines Stock Surge: Southwest Airlines shares rose almost 4% after Jefferies raised its price target from $37 to $44, although the new target still indicates a 4.5% downside from Monday's close, reflecting optimistic sentiment regarding the airline industry's recovery.
  • Gildan's Stock Plunge: Gildan's stock plummeted about 24% following a negative report from Jehoshaphat Research, which claimed the company's
Fool
7.5
06-16Fool
Surging Demand for Optical Networking Components
  • Surging Market Demand: The rapid advancement of artificial intelligence is expected to drive a 9x increase in demand for optical networking components over the next two years, with the total addressable market reaching $154 billion, providing significant growth opportunities for companies like Lumentum, Ciena, and Coherent.
  • Supply Shortage Phenomenon: According to McKinsey, optical transceivers capable of 800 Gbps will face a 40% to 60% supply shortage by 2027, while those at 1.6 Tbps will see a 30% to 40% shortfall, further driving price increases and enhancing company margins.
  • Impressive Financial Performance: Lumentum's non-GAAP earnings per share surged over 4x year-over-year to $2.37, with quarterly earnings expected to rise 236%; Ciena reported a 290% earnings increase and raised its full-year forecast to $6.3 billion, reflecting robust market demand.
  • Long-Term Contracts Signed: Coherent is signing long-term agreements with customers extending into 2030, with orders already in place for 2028, and is expected to see a 55% increase in earnings for fiscal 2027, indicating a successful strategic positioning to meet rising market demand.
NASDAQ.COM
9.5
06-13NASDAQ.COM
Nvidia's Valuation Stabilizes Amid Strong Growth Prospects
  • Valuation Stability: Nvidia's current forward P/E ratio stands at 22, maintaining a range between 18 and 25 throughout 2026, marking the first period of valuation stability since the AI revolution, which may indicate market confidence in future growth.
  • Surge in Data Center Revenue: In Q1 of fiscal 2027, Nvidia's data center revenue soared 92% year-over-year to $75 billion, with management forecasting total revenue of $91 billion next quarter, showcasing robust quarter-over-quarter growth and a staggering 95% year-over-year increase, further solidifying its market position.
  • Expansion of Strategic Partnerships: Nvidia has invested billions in companies like Nokia, Coherent, Lumentum, and Marvell Technology to enhance high-speed optical interconnects and advanced networking, opening new opportunities beyond AI infrastructure and into scalable edge computing and autonomous systems.
  • Market Expectations and Valuation: Despite the forward P/E stabilizing at 22, the market appears to have already priced in significant growth expectations, suggesting that investor optimism regarding Nvidia's future performance may lay the groundwork for potential valuation increases.
Wall Street analysts forecast LITE stock price to rise
14 Analyst Rating
Wall Street analysts forecast LITE stock price to rise
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
147.00
Averages
303.36
High
470.00
Current: 0.000
sliders
Low
147.00
Averages
303.36
High
470.00
Northland
Tim Savageaux
maintain
AI Analysis
2026-06-03
Reason
Northland
Tim Savageaux
Price Target
AI Analysis
2026-06-03
maintain
Reason
Northland analyst Tim Savageaux raised the firm's price target on Lumentum (LITE) to $1,200 from $1,000 and keeps an Outperform rating on the shares. Yesterday's comments from Nvidia's (NVDA) CEO inspired strength in Marvell (MRVL), which along with continued strong AI Data Center results from HPE (HPE) and capex funding for Alphabet (GOOGL) "bode well for the space," says the analyst, who raised price targets on several communications technology names with further indications of both short term acceleration in AI optical demand and a sustainable multi year cycle from here.
JPMorgan
Neutral
maintain
$6 -> $7
2026-05-11
Reason
JPMorgan
Price Target
$6 -> $7
2026-05-11
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Lumentum to $7 from $6 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LITE
Unlock Now

Valuation Metrics

The current forward P/E ratio for Lumentum Holdings Inc (LITE.O) is 51.28, compared to its 5-year average forward P/E of 30.02. For a more detailed relative valuation and DCF analysis to assess Lumentum Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
30.02
Current PE
51.28
Overvalued PE
47.38
Undervalued PE
12.67

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
23.29
Current EV/EBITDA
46.69
Overvalued EV/EBITDA
45.52
Undervalued EV/EBITDA
1.06

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.68
Current PS
12.18
Overvalued PS
6.20
Undervalued PS
1.16

Financials

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Whales Holding LITE

C
Capital Investment Trust Corporation
Holding
LITE
+80.35%
3M Return
C
Cathay Securities Investment Trust Co., LTD
Holding
LITE
+62.60%
3M Return
S
Situational Awareness LP
Holding
LITE
+56.62%
3M Return
O
Oberweis Asset Management, Inc.
Holding
LITE
+50.03%
3M Return
F
Fuh Hwa Securities Investment Trust Co., Ltd.
Holding
LITE
+50.02%
3M Return
W
Wt Asset Management Ltd
Holding
LITE
+48.44%
3M Return

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Frequently Asked Questions

What is Lumentum Holdings Inc (LITE) stock price today?

The current price of LITE is 835.7025 USD — it has decreased -3.94

What is Lumentum Holdings Inc (LITE)'s business?

Lumentum Holdings Inc. is an optical and photonic technology that powers the networks and infrastructure behind artificial intelligence (AI), cloud computing, and next-generation communications. 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 AI and machine learning 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's products include short-pulse solid-state lasers, kilowatt-class fiber lasers, diode lasers, and gas lasers, serving a range of end-market applications.

What is the price predicton of LITE Stock?

Wall Street analysts forecast LITE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LITE is303.36 USD with a low forecast of 147.00 USD and a high forecast of 470.00 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.

What is Lumentum Holdings Inc (LITE)'s revenue for the last quarter?

Lumentum Holdings Inc revenue for the last quarter amounts to 808.40M USD, increased 90.12

What is Lumentum Holdings Inc (LITE)'s earnings per share (EPS) for the last quarter?

Lumentum Holdings Inc. EPS for the last quarter amounts to 1.48 USD, decreased -331.25

How many employees does Lumentum Holdings Inc (LITE). have?

Lumentum Holdings Inc (LITE) has 10562 emplpoyees as of June 18 2026.

What is Lumentum Holdings Inc (LITE) market cap?

Today LITE has the market capitalization of 67.68B USD.