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

Lumentum Holdings Inc. (NASDAQ:LITE) has been given a consensus recommendation of “Moderate Buy” by the nineteen brokerages that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $575.0625.

Several equities analysts have weighed in on the company. Citigroup lifted their target price on Lumentum to $560.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Lumentum in a research report on Monday, December 29th. Bank of America raised their price objective on shares of Lumentum to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. lifted their price objective on shares of Lumentum to $565.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Finally, Zacks Research raised shares of Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd.

Insider Buying and Selling

In other news, CFO Wajid Ali sold 5,302 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $691.13, for a total transaction of $3,664,371.26. Following the sale, the chief financial officer owned 66,287 shares of the company’s stock, valued at approximately $45,812,934.31. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Yuen Wupen sold 3,157 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total value of $1,698,466.00. Following the completion of the sale, the insider owned 88,439 shares in the company, valued at approximately $47,580,182. The trade was a 3.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 65,775 shares of company stock worth $38,851,343 over the last ninety days. Insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Lumentum

Hedge funds have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. boosted its stake in shares of Lumentum by 123.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,623 shares of the technology company’s stock valued at $1,704,000 after buying an additional 2,553 shares during the period. Hsbc Holdings PLC increased its stake in shares of Lumentum by 6,239.0% during the fourth quarter. Hsbc Holdings PLC now owns 194,163 shares of the technology company’s stock worth $71,724,000 after buying an additional 191,100 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Lumentum during the fourth quarter worth approximately $1,136,000. Caitong International Asset Management Co. Ltd raised its holdings in Lumentum by 46,666.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 8,418 shares of the technology company’s stock valued at $3,103,000 after acquiring an additional 8,400 shares in the last quarter. Finally, Reflection Asset Management purchased a new stake in shares of Lumentum in the 4th quarter valued at approximately $59,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Bank of America raised its price target sharply (reported as a 29% hike) and framed Lumentum as a key AI‑optics beneficiary, boosting investor confidence in the company’s data‑center connectivity positioning. Article Title
• Positive Sentiment: Reports that Lumentum is pursuing an $8 billion annual revenue target and has landed a major OCS contract have fueled bullish sentiment around its optical components backlog and long‑term growth runway. Article Title
• Positive Sentiment: Analyst support increased: Rosenblatt issued a Buy rating and Morgan Stanley boosted its price target (to $595), adding further institutional validation for the stock’s outlook. Rosenblatt Buy MS PT Boost
• Positive Sentiment: Industry research highlights Lumentum’s strength in OCS and CPO product lines and an expanding AI‑era backlog — factors that could sustain revenue growth as hyperscalers shift from copper to optical solutions. Article Title
• Positive Sentiment: Anticipation of official inclusion in the S&P 500 has driven buying into LITE as index funds and ETFs rebalance, supporting near‑term demand for the shares. Article Title
• Neutral Sentiment: Technical/flow factors: Some momentum traders cite a “power inflow” trading signal that helped push the stock higher in the short term; this is supportive but may be transient. Article Title
• Negative Sentiment: Caution from some analysts: while price action is strong, certain writeups note that recent earnings‑estimate revisions and lofty valuation metrics could limit upside or make the stock vulnerable to a pullback if growth expectations slip. Article Title

Lumentum Stock Down 8.5%

NASDAQ:LITE opened at $706.35 on Friday. Lumentum has a 52 week low of $45.65 and a 52 week high of $787.45. The stock’s fifty day moving average is $542.15 and its two-hundred day moving average is $348.44. The stock has a market capitalization of $50.43 billion, a price-to-earnings ratio of 216.67 and a beta of 1.38. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings data 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 business had revenue of $665.50 million during the quarter, compared to analysts’ expectations of $646.74 million. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The company’s revenue was up 65.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 earnings per share. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Research analysts anticipate that Lumentum will post 0.03 EPS for the current year.

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.