Lumentum (NASDAQ:LITE) Stock Price Expected to Rise, Mizuho Analyst Says

Lumentum (NASDAQ:LITE) had its price target raised by research analysts at Mizuho to $645.00 in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Mizuho’s price target would indicate a potential upside of 8.54% from the company’s previous close.

Several other equities research analysts have also commented on the stock. Raymond James Financial lowered shares of Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 price target for the company. in a report on Friday, October 31st. Wolfe Research reissued an “outperform” rating and issued a $240.00 price objective on shares of Lumentum in a research note on Wednesday, November 5th. Bank of America increased their target price on Lumentum to $520.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Needham & Company LLC lifted their price target on Lumentum to $550.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Finally, Susquehanna upped their price objective on Lumentum to $550.00 and gave the stock a “positive” rating in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $447.38.

Lumentum Stock Down 1.0%

Shares of NASDAQ LITE opened at $594.26 on Tuesday. Lumentum has a 52-week low of $45.65 and a 52-week high of $616.52. The firm has a market capitalization of $42.43 billion, a price-to-earnings ratio of 182.29 and a beta of 1.51. The stock has a 50 day moving average price of $406.96 and a 200 day moving average price of $264.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61.

Lumentum (NASDAQ:LITE) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share 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 revenue for the quarter was up 65.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Sell-side analysts expect that Lumentum will post 0.03 earnings per share for the current year.

Insider Activity at Lumentum

In other Lumentum news, Director Penny Herscher sold 4,849 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $535.48, for a total transaction of $2,596,542.52. Following the sale, the director owned 6,057 shares of the company’s stock, valued at approximately $3,243,402.36. The trade was a 44.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Yuen Wupen sold 3,157 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total transaction of $1,698,466.00. Following the transaction, the insider owned 88,439 shares in the company, valued at $47,580,182. The trade was a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 60,473 shares of company stock valued at $35,186,972 in the last three months. 0.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LITE. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Lumentum during the fourth quarter worth about $4,415,000. CTC Alternative Strategies Ltd. purchased a new position in Lumentum during the 4th quarter worth approximately $355,000. Empowered Funds LLC lifted its stake in Lumentum by 12.2% during the 4th quarter. Empowered Funds LLC now owns 4,176 shares of the technology company’s stock valued at $1,539,000 after acquiring an additional 454 shares during the period. Utah Retirement Systems boosted its holdings in shares of Lumentum by 3.8% in the 4th quarter. Utah Retirement Systems now owns 3,735 shares of the technology company’s stock valued at $1,377,000 after acquiring an additional 135 shares during the last quarter. Finally, VARCOV Co. acquired a new stake in shares of Lumentum in the fourth quarter worth $223,000. 94.05% of the stock is owned by institutional investors and hedge funds.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Mizuho raised its price target to $645 and maintained an “outperform” rating, signaling analyst conviction in further upside from current levels. Read More.
• Positive Sentiment: Seeking Alpha published a bullish thesis (“AI’s Hidden Bottleneck Winner”) arguing Lumentum is well-positioned as a critical supplier for AI infrastructure, citing strong demand, margin expansion and operating leverage as growth drivers. Read More.
• Positive Sentiment: News outlets reported Lumentum hitting a new 12‑month / all‑time high after analyst upgrades, which likely attracted momentum buying ahead of the pullback. Read More.
• Neutral Sentiment: Broader media coverage called out the stock’s recent highs and updated targets, increasing visibility but not adding new fundamental data. Read More.
• Negative Sentiment: Insider sale — Vincent Retort sold 3,441 shares at an average price of $545.78 (~$1.88M); his holdings fell ~3.46%. The Form 4 is filed with the SEC. Read More.
• Negative Sentiment: Insider sale — Yuen Wupen sold 3,157 shares at $538.00 (~$1.70M); holdings decreased ~3.45%. That transaction is also disclosed with the SEC. Read More.

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.