Lumentum (LITE) Projected to Post Quarterly Earnings on Tuesday

Lumentum (NASDAQ:LITE) is expected to release its Q3 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Lumentum to post earnings of $0.48 per share and revenue of $418.18 million for the quarter.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.41). Lumentum had a negative net margin of 36.98% and a negative return on equity of 7.25%. On average, analysts expect Lumentum to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Lumentum Stock Up 2.2 %

Shares of NASDAQ:LITE opened at $62.86 on Friday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 3.60 and a current ratio of 4.76. Lumentum has a 1-year low of $38.29 and a 1-year high of $104.00. The company’s fifty day moving average is $60.59 and its two-hundred day moving average is $74.74. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of -8.17 and a beta of 1.18.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Morgan Stanley lowered their price objective on Lumentum from $83.00 to $81.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. B. Riley increased their price objective on Lumentum from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price target on shares of Lumentum in a research note on Friday, February 7th. Northland Securities raised shares of Lumentum from a “market perform” rating to an “outperform” rating in a report on Monday, April 7th. Finally, Jefferies Financial Group assumed coverage on shares of Lumentum in a research report on Friday, February 21st. They set a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $82.60.

Insider Activity at Lumentum

In other news, CFO Wajid Ali sold 2,172 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $78.34, for a total value of $170,154.48. Following the sale, the chief financial officer now directly owns 51,976 shares of the company’s stock, valued at approximately $4,071,799.84. This trade represents a 4.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.19% of the stock is owned by company insiders.

About Lumentum

Lumentum Holdings Inc manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.