Lumentum FY2027 EPS Forecast Raised by Northland Securities

Lumentum Holdings Inc. (NASDAQ:LITE) – Equities research analysts at Northland Securities raised their FY2027 earnings per share estimates for shares of Lumentum in a research note issued on Monday, April 20th. Northland Securities analyst T. Savageaux now forecasts that the technology company will post earnings per share of $14.59 for the year, up from their prior forecast of $10.69. The consensus estimate for Lumentum’s current full-year earnings is $5.87 per share.

A number of other research firms have also recently commented on LITE. Mizuho raised their target price on Lumentum from $750.00 to $930.00 and gave the company an “outperform” rating in a research report on Wednesday, April 8th. Barclays lifted their price objective on Lumentum to $750.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Needham & Company LLC lifted their price objective on Lumentum from $880.00 to $1,040.00 and gave the stock a “buy” rating in a report on Tuesday. UBS Group lifted their price objective on Lumentum from $215.00 to $455.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Finally, Zacks Research cut Lumentum from a “strong-buy” rating to a “hold” rating in a 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, Lumentum currently has an average rating of “Moderate Buy” and an average price target of $757.25.

Lumentum Price Performance

NASDAQ:LITE opened at $846.89 on Thursday. Lumentum has a 52 week low of $55.00 and a 52 week high of $960.00. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $60.47 billion, a PE ratio of 259.78 and a beta of 1.38. The stock’s 50-day moving average price is $733.38 and its 200-day moving average price is $457.53.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Federated Hermes Inc. lifted its stake in Lumentum by 7,168.8% in the 3rd quarter. Federated Hermes Inc. now owns 362,352 shares of the technology company’s stock worth $58,958,000 after purchasing an additional 357,367 shares in the last quarter. FengHe Fund Management Pte. Ltd. purchased a new position in Lumentum in the 3rd quarter worth approximately $71,771,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Lumentum in the 4th quarter worth approximately $6,755,000. Pacer Advisors Inc. purchased a new position in Lumentum in the 3rd quarter worth approximately $1,512,000. Finally, Headwater Capital Co Ltd purchased a new position in Lumentum in the 3rd quarter worth approximately $20,339,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lumentum

In related news, CFO Wajid Ali sold 5,302 shares of Lumentum stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $691.13, for a total value of $3,664,371.26. Following the sale, the chief financial officer directly owned 66,287 shares in the company, valued at approximately $45,812,934.31. The trade was a 7.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Vincent Retort sold 3,441 shares of Lumentum stock in a transaction dated Tuesday, February 17th. The stock was 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 owned 95,975 shares in the company, valued at approximately $52,381,235.50. The trade was a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 65,775 shares of company stock valued at $38,851,343. 0.43% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Multiple firms raised targets and estimates — Needham lifted its price target to $1,040 and Susquehanna to $1,100; Morgan Stanley also raised its target to $710, while Northland materially increased FY2027 EPS and quarterly forecasts, reflecting a much stronger revenue/earnings outlook. Needham price target Susquehanna price target Morgan Stanley price target Northland estimates
• Positive Sentiment: Company demand commentary: management says production is sold out through 2027, supporting the narrative of durable, multi‑year optical demand driven by AI and large customer commitments. This underpins higher revenue visibility and the bullish analyst moves. Sold‑out through 2027
• Positive Sentiment: Shifting industry narrative: recent coverage highlights Lumentum’s pivot to AI networking and stronger ties to Nvidia commitments, which supports a re‑rating of the company from telecom optics to an AI‑driven optical leader. Story shifting with AI optics Zacks AI optics note
• Neutral Sentiment: Media mention unrelated to a direct company update — Jim Cramer’s “Stocks That Got Away” segment referenced other names (SanDisk) and does not provide new company‑specific catalysts for Lumentum. Cramer segment
• Negative Sentiment: Launch of first‑to‑market leveraged inverse ETFs targeting LITE (Tradr 2X Short LITE Daily ETF, ticker LITZ) introduces a new, easily traded vehicle to express bearish views — this can increase intraday and short‑term selling pressure and volatility even while fundamentals look strong. Tradr short ETF debut

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.