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

Shares of Lumentum Holdings Inc. (NASDAQ:LITE) have been assigned a consensus rating of “Moderate Buy” from the nineteen research firms that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $575.0625.

Several equities analysts have issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $900.00 price objective on shares of Lumentum in a report on Wednesday. Northland Securities set a $350.00 target price on Lumentum in a report on Wednesday, December 3rd. JPMorgan Chase & Co. upped their target price on Lumentum to $565.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Lumentum in a research note on Monday, December 29th. Finally, Needham & Company LLC boosted their price objective on Lumentum to $850.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th.

Insider Buying and Selling at Lumentum

In other Lumentum news, insider Vincent Retort sold 45,026 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $591.32, for a total transaction of $26,624,774.32. Following the transaction, the insider directly owned 102,455 shares of the company’s stock, valued at approximately $60,583,690.60. This trade represents a 30.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Penny Herscher sold 4,849 shares of Lumentum stock in a transaction 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 completion of the transaction, the director owned 6,057 shares in the company, valued at approximately $3,243,402.36. This represents a 44.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 65,775 shares of company stock valued at $38,851,343. Insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Lumentum

Several hedge funds have recently made changes to their positions in LITE. EverSource Wealth Advisors LLC increased its position in 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 acquiring an additional 131 shares during the period. V Square Quantitative Management LLC acquired a new stake in Lumentum during the 4th quarter worth approximately $28,000. Truvestments Capital LLC lifted its position in Lumentum by 300.0% during the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock worth $28,000 after acquiring an additional 57 shares during the period. Triumph Capital Management purchased a new position in shares of Lumentum in the 4th quarter valued at approximately $30,000. Finally, Danske Bank A S purchased a new position in shares of Lumentum in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum News Summary

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 Price Performance

LITE stock opened at $706.35 on Friday. The business has a 50 day moving average price of $542.15 and a 200 day moving average price of $348.44. Lumentum has a fifty-two week low of $45.65 and a fifty-two week high of $787.45. 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 cap of $50.43 billion, a price-to-earnings ratio of 216.67 and a beta of 1.38.

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 net margin of 11.95% and a return on equity of 17.27%. The firm had revenue of $665.50 million for the quarter, compared to the consensus estimate of $646.74 million. During the same period last year, the firm posted $0.42 EPS. The company’s revenue was up 65.5% on a year-over-year basis. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Equities research analysts anticipate that Lumentum will post 0.03 earnings per share for the current fiscal 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.