Lumentum (NASDAQ:LITE) Releases Q1 2027 Earnings Guidance

Lumentum (NASDAQ:LITE) updated its first quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.050-4.350 for the period, compared to the consensus EPS estimate of 3.550. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion.

Lumentum Stock Performance

Shares of NASDAQ LITE traded up $7.08 during trading on Tuesday, reaching $820.59. 5,422,403 shares of the company traded hands, compared to its average volume of 5,713,804. The stock has a market cap of $63.84 billion, a P/E ratio of 151.96 and a beta of 1.50. The firm’s fifty day simple moving average is $813.40 and its 200 day simple moving average is $760.16. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01. Lumentum has a 12-month low of $111.20 and a 12-month high of $1,085.68.

Lumentum (NASDAQ:LITE) last posted its earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.97 by $0.26. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $987.70 million. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. As a group, research analysts anticipate that Lumentum will post 6.42 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on LITE. B. Riley Financial reaffirmed a “buy” rating on shares of Lumentum in a report on Friday, May 1st. Mizuho set a $1,100.00 target price on Lumentum in a research report on Wednesday, May 6th. Stifel Nicolaus boosted their price target on Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Zacks Research downgraded Lumentum from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Citic Securities upped their target price on shares of Lumentum from $620.00 to $1,186.00 in a report on Monday, May 11th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,012.67.

Insider Transactions at Lumentum

In other Lumentum news, SVP Jae Kim sold 1,422 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $953.95, for a total transaction of $1,356,516.90. Following the transaction, the senior vice president owned 32,333 shares of the company’s stock, valued at approximately $30,844,065.35. The trade was a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Isaac Hosojiro Harris sold 1,416 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $1,000.08, for a total value of $1,416,113.28. Following the completion of the sale, the director directly owned 6,984 shares of the company’s stock, valued at $6,984,558.72. This trade represents a 16.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 23,827 shares of company stock valued at $22,051,069. 0.43% of the stock is currently owned by company insiders.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Analysts say Lumentum is well positioned for fourth-quarter growth because AI infrastructure is increasing demand for optical networking equipment. The earnings report and outlook could reinforce the company’s role as a key supplier to expanding data-center networks. Lumentum well-positioned for Q4 on AI-infrastructure-driven growth, say analysts
• Positive Sentiment: Goldman Sachs argues that the next phase of the AI investment cycle is shifting from processors to the optical and fiber equipment needed to connect AI systems. That rotation places Lumentum within a favored segment of the AI infrastructure trade. Goldman Sachs Says These Are AI’s Next Big Winners
• Positive Sentiment: Market commentary describes Lumentum’s components as crucial to the ongoing AI data-center buildout, with no clear evidence that skepticism about data-center construction is slowing current business momentum. Cory Johnson on LITE’s role in the AI buildout
• Neutral Sentiment: Retail traders are comparing LITE with Coherent, Applied Optoelectronics and IPG Photonics as AI data centers accelerate the transition from copper to optical connectivity. The comparison increases visibility for Lumentum but also highlights intense competition within photonics. LITE versus other photonics stocks
• Negative Sentiment: Investors remain concerned that Lumentum’s elevated valuation leaves little room for disappointment, making the upcoming results and guidance particularly important. AI-optics stocks also recently cooled as traders took profits ahead of earnings. Is Lumentum’s valuation too rich? AI optics stocks cool ahead of earnings

Institutional Investors Weigh In On Lumentum

Several hedge funds and other institutional investors have recently bought and sold shares of LITE. Truvestments Capital LLC boosted its holdings in Lumentum by 300.0% in the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after purchasing an additional 57 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Lumentum during the 4th quarter worth approximately $30,000. Zions Bancorporation National Association UT acquired a new stake in shares of Lumentum during the 4th quarter worth approximately $42,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Lumentum during the 4th quarter valued at approximately $44,000. Finally, Danske Bank A S purchased a new stake in shares of Lumentum during the 3rd quarter valued at approximately $33,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

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.