Lumentum Holdings Inc. (NASDAQ:LITE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Lumentum Holdings Inc. (NASDAQ:LITE) has received a consensus rating of “Moderate Buy” from the nineteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $458.00.

Several equities analysts have recently commented on the company. Stifel Nicolaus upped their price target on Lumentum to $480.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Wall Street Zen cut shares of Lumentum from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. JPMorgan Chase & Co. increased their target price on shares of Lumentum to $565.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Bank of America boosted their price target on shares of Lumentum to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Lumentum in a report on Monday, December 29th.

Lumentum Price Performance

Lumentum stock opened at $674.73 on Tuesday. Lumentum has a 12-month low of $45.65 and a 12-month high of $688.07. The stock has a market cap of $48.18 billion, a P/E ratio of 206.97 and a beta of 1.51. The company has a 50-day moving average price of $425.90 and a 200 day moving average price of $277.51. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 0.06.

Lumentum (NASDAQ:LITE) last posted its earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, beating the consensus estimate 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 was up 65.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Sell-side analysts anticipate that Lumentum will post 0.03 earnings per share for the current year.

Insider Transactions at Lumentum

In related news, insider Yuen Wupen sold 3,157 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total transaction of $1,698,466.00. Following the completion of the transaction, the insider directly owned 88,439 shares in the company, valued at $47,580,182. This trade represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Vincent Retort sold 45,026 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $591.32, for a total transaction of $26,624,774.32. Following the sale, the insider owned 102,455 shares in the company, valued at $60,583,690.60. This trade represents a 30.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 60,473 shares of company stock worth $35,186,972 over the last ninety days. Company insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Lumentum

Several large investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. grew its stake in shares of Lumentum by 36.8% during the first quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after purchasing an additional 254 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Lumentum by 109.9% during the 1st quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company’s stock worth $747,000 after acquiring an additional 6,275 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Lumentum by 9.1% in the 1st quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock valued at $507,000 after acquiring an additional 680 shares during the last quarter. Ethic Inc. raised its position in shares of Lumentum by 32.3% during the 2nd quarter. Ethic Inc. now owns 12,664 shares of the technology company’s stock worth $1,200,000 after acquiring an additional 3,090 shares in the last quarter. Finally, Forum Financial Management LP purchased a new stake in Lumentum during the second quarter worth approximately $292,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Analysts say a 1.6T optics ramp is arriving ahead of plan, tightening laser supply and shifting sales toward higher‑margin 200G lanes — a structural boost to revenue and gross margins. AI Optics Boom: What 1.6T Ramp Means for the LITE Stock’s Prospect
• Positive Sentiment: Coverage highlights that coherent pluggable optics (CPO) orders are moving from “hype” into contracted backlog — improving revenue visibility and making late‑2027 scale more credible, which supports upside to forward guidance. CPO is Moving From Hype to Backlog for LITE: More Upside Ahead?
• Positive Sentiment: Commentary notes LITE shares have nearly doubled in the past month as AI optics demand, OCS backlog and growing CPO orders drive accelerating revenue and margin expansion — fueling momentum and fresh upward analyst attention. Lumentum Rises 99% in a Month: Are the Shares Still a Buy?
• Positive Sentiment: Macro/sector stories are rotating investor money beyond GPUs into AI infrastructure names; LITE appears on several “AI‑infrastructure” buy lists, increasing institutional interest and multiple expansion potential. Forget Nvidia, This Is the Stock to Buy For the AI Boom’s Next Leg Up
• Neutral Sentiment: Unusual options activity: traders bought roughly 13,981 call contracts (about +15% vs typical daily call volume) — a sign of speculative bullish positioning but not definitive proof of sustained buying.
• Neutral Sentiment: Relative comparisons vs. peers underline LITE’s stronger AI-driven revenue outlook versus some equipment vendors with slumping sales — useful context for positioning but not a direct catalyst. Lumentum vs. Amtech: Which Semiconductor Stock is the Better Buy?
• Negative Sentiment: Risk: the rally has produced a rich valuation and fast price moves; high expectations (and a stretched P/E) leave shares exposed to profit‑taking or any miss versus elevated forecasts.

Lumentum Company Profile

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.