Equities Analysts Offer Predictions for Lumentum Q1 Earnings

Lumentum Holdings Inc. (NASDAQ:LITE) – Investment analysts at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for shares of Lumentum in a note issued to investors on Monday, April 20th. Northland Securities analyst T. Savageaux expects that the technology company will post earnings of $2.74 per share for the quarter. The consensus estimate for Lumentum’s current full-year earnings is $5.87 per share. Northland Securities also issued estimates for Lumentum’s Q2 2027 earnings at $3.55 EPS, Q3 2027 earnings at $4.03 EPS and Q4 2027 earnings at $4.25 EPS.

Lumentum (NASDAQ:LITE) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 65.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS.

Other research analysts have also recently issued reports about the company. Citigroup upped their price objective on Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday. B. Riley Financial raised Lumentum from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $147.00 to $526.00 in a research report on Wednesday, February 4th. UBS Group upped their price objective on Lumentum from $215.00 to $455.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Bank of America upped their price objective on Lumentum to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Finally, Zacks Research cut Lumentum from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Lumentum currently has an average rating of “Moderate Buy” and a consensus price target of $757.25.

Lumentum Trading Up 4.4%

NASDAQ:LITE opened at $873.60 on Wednesday. The stock has a 50-day simple moving average of $728.12 and a 200-day simple moving average of $454.81. The stock has a market cap of $62.38 billion, a P/E ratio of 267.98 and a beta of 1.38. Lumentum has a 1 year low of $55.00 and a 1 year high of $960.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61.

Institutional Trading of Lumentum

Large investors have recently made changes to their positions in the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Lumentum in the 1st quarter valued at about $25,000. EverSource Wealth Advisors LLC boosted its position in shares of Lumentum by 363.9% in 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 during the period. V Square Quantitative Management LLC acquired a new stake in shares of Lumentum in the 4th quarter valued at about $28,000. Truvestments Capital LLC boosted its position in shares of Lumentum by 300.0% in the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after purchasing an additional 57 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of Lumentum in the 4th quarter valued at about $30,000. 94.05% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lumentum

In related news, Director Penny Herscher sold 4,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $597.29, for a total value of $2,389,160.00. Following the completion of the sale, the director directly owned 2,057 shares of the company’s stock, valued at $1,228,625.53. This represents a 66.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Vincent Retort sold 3,441 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $545.78, for a total value of $1,878,028.98. Following the completion of the sale, the insider directly owned 95,975 shares of the company’s stock, valued at approximately $52,381,235.50. This trade represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 65,775 shares of company stock valued at $38,851,343 in the last 90 days. Company insiders own 0.43% of the company’s stock.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Several major firms raised price targets and maintained buy ratings, signaling stronger Street conviction (Citigroup to $1,100; Needham to $1,040; Susquehanna to $1,100; Morgan Stanley to $710). Susquehanna Increases Lumentum Price Target to $1,100.00 Morgan Stanley Boosts Lumentum Price Target to $710.00 Citigroup Adjusts Price Target
• Positive Sentiment: Coverage pivoting to AI optics and Nvidia commitments: analysts and media are framing LITE as a beneficiary of accelerating AI networking demand and larger customer commitments, boosting the growth narrative. How The Lumentum Holdings (LITE) Story Is Shifting With AI Optics And Nvidia Commitments
• Positive Sentiment: Company management said Lumentum is sold out through 2027, indicating strong backlog and demand visibility—a key driver for revenue and margin upside if capacity expansion keeps pace. Lumentum Holdings (LITE) Sold Out Through 2027 on High Demand
• Positive Sentiment: Research firm Northland issued higher multi-quarter EPS forecasts (Q1–Q4 2027) reflecting accelerated growth expectations, which supports higher forward valuations. Northland Securities EPS Estimates for Lumentum
• Positive Sentiment: Analyst and trade press pieces (Zacks, Seeking Alpha) argue Lumentum is transitioning from telecom optics to higher-content, AI-networking optical platforms — implying higher revenue per unit and longer-term growth. Lumentum’s Transition Toward AI Networking: What’s Ahead?
• Neutral Sentiment: Investor commentary and buy-side pieces reiterate conviction but flag high headline multiples; some point to forward PEG and execution as justification — useful context but opinion-driven. I Am Still Buying Lumentum, But For A Better Reason Now
• Negative Sentiment: Tradr announced first-to-market inverse ETFs on Lumentum, making it easier and cheaper for market participants to bet against LITE — a potential headwind during short-term rallies. Tradr Set to Launch Inverse ETFs on Lumentum and Sandisk

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.