Analysts Set Lumentum Holdings Inc. (NASDAQ:LITE) Price Target at $575.06

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

Several analysts have recently commented on the company. Mizuho raised their target price on Lumentum to $645.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Citigroup upped their price target on Lumentum to $560.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. B. Riley Financial raised Lumentum from a “neutral” rating to a “buy” rating and raised their price objective for the company from $147.00 to $526.00 in a research note on Wednesday, February 4th. UBS Group boosted their price objective on Lumentum from $215.00 to $455.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Northland Securities set a $350.00 target price on Lumentum in a research report on Wednesday, December 3rd.

Lumentum Stock Down 3.1%

Shares of NASDAQ LITE opened at $777.17 on Friday. 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 firm has a market cap of $55.49 billion, a PE ratio of 238.40 and a beta of 1.38. The company’s fifty day simple moving average is $567.66 and its 200 day simple moving average is $363.11. Lumentum has a 12-month low of $45.65 and a 12-month high of $808.80.

Lumentum (NASDAQ:LITE) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, beating 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 firm had revenue of $665.50 million during the quarter, compared to the consensus estimate of $646.74 million. During the same period in the previous year, the firm posted $0.42 earnings per share. The business’s revenue was up 65.5% compared to the same quarter last year. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. As a group, sell-side analysts forecast that Lumentum will post 0.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Lumentum

In other Lumentum news, insider Yuen Wupen sold 3,157 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total value of $1,698,466.00. Following the transaction, the insider directly owned 88,439 shares of the company’s stock, valued at approximately $47,580,182. This trade represents a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Penny Herscher sold 4,000 shares of Lumentum stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $597.29, for a total transaction of $2,389,160.00. Following the transaction, the director owned 2,057 shares of the company’s stock, valued at $1,228,625.53. This represents a 66.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 65,775 shares of company stock worth $38,851,343. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Lumentum

A number of hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. increased its holdings in Lumentum by 123.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,623 shares of the technology company’s stock worth $1,704,000 after purchasing an additional 2,553 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Lumentum by 6,239.0% in the fourth quarter. Hsbc Holdings PLC now owns 194,163 shares of the technology company’s stock valued at $71,724,000 after purchasing an additional 191,100 shares in the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Lumentum during the fourth quarter valued at approximately $1,136,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Lumentum by 46,666.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 8,418 shares of the technology company’s stock valued at $3,103,000 after buying an additional 8,400 shares during the last quarter. Finally, Reflection Asset Management bought a new stake in Lumentum during the fourth quarter worth $59,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Analyst upgrades and big price‑target increases pushed LITE to an all‑time high as two firms boosted targets by roughly 50% and 66%, triggering fresh momentum from investors. Lumentum (LITE) Soars to All-Time High on 66% PT Hike
• Positive Sentiment: LITE’s recent addition to the S&P 500 is a structural catalyst that typically attracts index and ETF flows, supporting demand for the shares after a massive one‑year rally. Lumentum Just Joined the S&P 500: What Could Keep the Huge Rally Going and What Could End It
• Positive Sentiment: Market positioning as a photonics player tied to NVIDIA’s strategic focus is a longer‑term growth story — NVIDIA’s investments and industry attention make Lumentum a beneficiary of AI infrastructure buildout (photonics for high‑bandwidth data centers). 2 Lesser-Known Photonics Firms May Play an Outsized Role in AI (LITE)
• Neutral Sentiment: Morgan Stanley raised its price target to $595 after an investor briefing but kept an Equal Weight rating, signaling incremental optimism but not a clear buy endorsement—this creates mixed near‑term signaling for investors. Morgan Stanley Raises its Price Target on Lumentum Holdings Inc. (LITE) to $595
• Neutral Sentiment: Recent short‑interest headlines show reports of a large increase but the published numbers appear inconsistent (zeros reported), so current short‑interest data are noisy and shouldn’t be relied on without confirmation from official filings.
• Negative Sentiment: Valuation risk: LITE’s forward multiples are very high after the rally (market data show elevated P/E), so the stock is vulnerable to profit‑taking or a re‑rating if growth guidance or AI‑related demand disappoints.

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.