Lumentum (NASDAQ:LITE) Price Target Raised to $565.00

Lumentum (NASDAQ:LITE) had its price objective raised by JPMorgan Chase & Co. to $565.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the technology company’s stock.

Several other equities research analysts have also commented on the company. B. Riley Financial upgraded Lumentum from a “neutral” rating to a “buy” rating and upped their price target for the stock from $147.00 to $526.00 in a research note on Wednesday. Raymond James Financial cut Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 target price for the company. in a report on Friday, October 31st. Needham & Company LLC raised their price target on shares of Lumentum to $550.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lumentum in a research report on Monday, December 29th. Finally, Bank of America increased their price objective on shares of Lumentum to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $444.94.

Lumentum Price Performance

Lumentum stock opened at $551.99 on Wednesday. Lumentum has a 1 year low of $45.65 and a 1 year high of $558.38. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.02 and a current ratio of 0.61. The firm has a 50 day moving average price of $367.68 and a 200 day moving average price of $237.54. The company has a market cap of $39.41 billion, a price-to-earnings ratio of 169.32 and a beta of 1.51.

Lumentum (NASDAQ:LITE) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.26. The company had revenue of $665.50 million for the quarter, compared to analyst estimates of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. Lumentum’s revenue for the quarter was up 65.5% on a year-over-year basis. During the same quarter last year, the business earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Sell-side analysts predict that Lumentum will post 0.03 earnings per share for the current year.

Insider Activity

In related news, Director Julia Suzanne Johnson sold 10,000 shares of Lumentum stock in a transaction on Monday, November 10th. The shares were sold at an average price of $270.39, for a total transaction of $2,703,900.00. Following the sale, the director owned 12,037 shares of the company’s stock, valued at $3,254,684.43. The trade was a 45.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jae Kim sold 170 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $246.00, for a total transaction of $41,820.00. Following the completion of the transaction, the senior vice president owned 38,400 shares in the company, valued at $9,446,400. This represents a 0.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,180 shares of company stock valued at $4,551,380 in the last 90 days. Company insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its stake in Lumentum by 363.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after purchasing an additional 131 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Lumentum during the 4th quarter valued at approximately $28,000. Danske Bank A S acquired a new stake in shares of Lumentum during the third quarter worth approximately $33,000. Chesapeake Asset Management LLC bought a new stake in shares of Lumentum in the fourth quarter worth $37,000. Finally, BOCHK Asset Management Ltd bought a new stake in shares of Lumentum in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: JPMorgan raised its price target to $565 and kept an “overweight” rating, signaling confidence in additional upside from Lumentum. JPMorgan raises PT to $565
• Positive Sentiment: Citigroup raised its price target to $560 and maintained a “buy” rating, supporting the bullish analyst momentum. Citigroup raises PT to $560
• Positive Sentiment: Northland published a much higher FY2027 EPS projection ($10.69 vs. street consensus near $0.03), reflecting expectations for sustained margin expansion and accelerated revenue — a strong forward signal for investors. Northland FY2027 EPS estimate
• Positive Sentiment: Company results: Q2 FY2026 reported EPS of $1.67 (vs. $1.41 consensus) and revenue $665.5M (vs. $646.7M); management set Q3 EPS guidance of $2.15–$2.35 — these beats and the guide raise are the core fundamental reason the stock is rising. Earnings call transcript
• Positive Sentiment: Sector/market tailwind: coverage highlighting hyperscaler capex “explosion” points to strong demand for Lumentum’s optical components, bolstering revenue growth expectations. Capex tailwind article
• Neutral Sentiment: Press pieces noting Lumentum hit new all-time highs and extended a multi-day winning streak after earnings — confirms market momentum but is descriptive rather than new catalyst. All-time high coverage
• Neutral Sentiment: Fund/strategy commentary (e.g., Fidelity growth strategy mentions) highlights Lumentum as a high-growth name, supporting institutional interest but not an immediate catalyst. Fund commentary
• Negative Sentiment: B. Riley upgraded Lumentum to “buy” but set a $526 price target (below the stock’s current level), implying limited near-term upside from that shop’s perspective and introducing a potential anchor on further gains. B. Riley upgrade and PT $526

About Lumentum

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.