Mizuho Increases Lumentum (NASDAQ:LITE) Price Target to $525.00

Lumentum (NASDAQ:LITE) had its target price hoisted by research analysts at Mizuho to $525.00 in a report issued on Wednesday, Marketbeat.com reports. The firm currently has an “outperform” rating on the technology company’s stock. Mizuho’s target price would indicate a potential upside of 4.08% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Wolfe Research reissued an “outperform” rating and set a $240.00 price objective on shares of Lumentum in a report on Wednesday, November 5th. Barclays increased their target price on Lumentum from $181.00 to $365.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Stifel Nicolaus boosted their price target on Lumentum from $220.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Needham & Company LLC raised their price objective on Lumentum to $550.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Rosenblatt Securities boosted their target price on shares of Lumentum to $580.00 and gave the stock a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $423.00.

Lumentum Stock Performance

LITE stock opened at $504.42 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.61 and a quick ratio of 1.02. The business has a 50-day moving average price of $363.15 and a 200 day moving average price of $234.43. The company has a market capitalization of $35.76 billion, a P/E ratio of 154.73 and a beta of 1.51. Lumentum has a 1-year low of $45.65 and a 1-year high of $507.55.

Lumentum (NASDAQ:LITE) last issued its earnings results 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. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. The company had revenue of $665.50 million for the quarter, compared to analysts’ expectations of $646.74 million. During the same period in the prior year, the business earned $0.42 EPS. The firm’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. As a group, equities research analysts forecast that Lumentum will post 0.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Julia Suzanne Johnson sold 10,000 shares of the company’s stock in a transaction dated 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 transaction, the director owned 12,037 shares in the company, valued at $3,254,684.43. This represents a 45.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jae Kim sold 1,367 shares of Lumentum stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $234.14, for a total transaction of $320,069.38. Following the completion of the sale, the senior vice president owned 38,570 shares of the company’s stock, valued at $9,030,779.80. This trade represents a 3.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 17,180 shares of company stock valued at $4,551,380. 0.43% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Lumentum

Several institutional investors and hedge funds have recently made changes to their positions in the stock. V Square Quantitative Management LLC acquired a new position in shares of Lumentum in the 4th quarter valued at $28,000. Chesapeake Asset Management LLC purchased a new stake in Lumentum during the 4th quarter valued at about $37,000. BOCHK Asset Management Ltd acquired a new position in shares of Lumentum in the fourth quarter valued at about $37,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Lumentum in the fourth quarter worth about $55,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Lumentum by 363.9% during the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares during the period. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Q2 results beat expectations — EPS and revenue topped estimates, revenue grew ~65% Y/Y and management issued Q3 guidance above Street forecasts, underpinning the rally. LITE Q2 earnings beat (Zacks)
• Positive Sentiment: Citigroup raised its price target to $560 and put a Buy rating on LITE, signaling further upside from analysts keyed to the strong quarter. Citigroup raises LITE PT to $560
• Positive Sentiment: Rosenblatt lifted its target to $580 (Buy), and Mizuho raised its target to $525 (Outperform) — multiple firms boosting targets reinforces bullish professional sentiment. Rosenblatt raises PT to $580 (Benzinga)
• Positive Sentiment: B. Riley and Zacks moved Lumentum toward stronger ratings (B. Riley upgrade; Zacks Rank #1 Strong Buy), adding conviction from sell‑side and quant shops. B. Riley upgrades LITE (MSN)
• Positive Sentiment: Institutional interest noted — Fidelity highlighted Lumentum in its Growth Strategies fund commentary, indicating buy-side recognition of LITE’s growth profile. Fidelity mentions LITE (InsiderMonkey)
• Neutral Sentiment: Bank of America raised its target to $520 but kept a Neutral rating — supportive but less bullish than some peers, reflecting varied analyst assumptions on sustainability of growth. BofA raises PT to $520 (Benzinga)
• Neutral Sentiment: Earnings call and transcripts are available for details on product mix, supply and AI-driven demand; read management commentary for signals on sustainability of the beat. Q2 2026 earnings call transcript (Seeking Alpha)
• Negative Sentiment: One shop (Stifel) set a $480 target — below current levels — which could cap upside if momentum stalls or guidance disappoints. Stifel sets PT $480 (TickerReport)
• Negative Sentiment: Some published targets remain well below the current price (e.g., an earlier $362.94 figure), illustrating dispersion in analyst views and the risk of volatile reactions to any downside surprises. Price target $362.94 (MSN)

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.