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

Lumentum Holdings Inc. (NASDAQ:LITE) has been given a consensus recommendation of “Moderate Buy” by the twenty-two analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, fifteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $1,053.8261.

A number of analysts recently issued reports on LITE shares. Evercore initiated coverage on shares of Lumentum in a research report on Monday, August 31st. They set an “outperform” rating and a $1,100.00 target price for the company. JPMorgan Chase & Co. boosted their price objective on shares of Lumentum from $1,165.00 to $1,280.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Morgan Stanley increased their price objective on shares of Lumentum from $900.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Citigroup reissued a “buy” rating on shares of Lumentum in a research note on Wednesday, August 12th. Finally, Bank of America reduced their target price on shares of Lumentum from $1,100.00 to $1,000.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI-driven optical-networking demand remains the central bullish theme. Investors continue to expect data-center and cloud infrastructure spending on high-speed optical components to support Lumentum’s multiyear growth prospects. Lumentum stock rises as Wall Street bets on AI optical networks
• Positive Sentiment: The sector rebound helped LITE lead the broader market. Reports characterized the move as an oversold bounce in optics stocks, with no single fresh headline explaining the rally. Lumentum stock rises as optical networking names rebound
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive. Lumentum’s latest quarterly results exceeded earnings and revenue expectations, revenue more than doubled year over year, and management provided quarterly EPS guidance of $4.05 to $4.35. The consensus analyst rating is “Moderate Buy,” with a price target above recent trading levels. Lumentum AI capex and optical tailwinds
• Neutral Sentiment: Lumentum will present optical-communications technology and industry insights at ECOC 2026 in Spain from September 20–24. The event could provide updates on technology trends but has no immediate financial impact. Lumentum experts to share insights at ECOC 2026
• Negative Sentiment: An insider sold 500 shares under a pre-arranged Rule 10b5-1 plan. The transaction reduced the insider’s holdings by only 0.44%, making it a limited signal, although repeated sales may draw investor attention. Lumentum insider trading report

Lumentum Price Performance

NASDAQ:LITE opened at $919.40 on Friday. Lumentum has a 12-month low of $144.52 and a 12-month high of $1,085.68. The firm has a market cap of $82.47 billion, a price-to-earnings ratio of -11.18 and a beta of 1.53. The company’s 50-day moving average is $838.62 and its two-hundred day moving average is $831.91. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01.

Lumentum (NASDAQ:LITE) last posted its quarterly earnings data on Tuesday, August 11th. The technology company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.26. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $987.70 million. During the same quarter last year, the firm earned $0.88 earnings per share. The business’s revenue was up 109.3% on a year-over-year basis. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Research analysts expect that Lumentum will post 19.78 EPS for the current year.

Insider Buying and Selling

In other Lumentum news, insider Yuen Wupen sold 1,500 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $827.82, for a total transaction of $1,241,730.00. Following the transaction, the insider owned 100,434 shares in the company, valued at $83,141,273.88. The trade was a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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, SVP Jae Kim sold 12,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total value of $10,230,960.00. Following the completion of the sale, the senior vice president directly owned 37,804 shares of the company’s stock, valued at $32,230,934.32. The trade was a 24.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 66,647 shares of company stock valued at $57,172,641. 0.43% of the stock is owned by company insiders.

Institutional Trading of Lumentum

Several large investors have recently bought and sold shares of LITE. Jupiter Topco LLC acquired a new stake in Lumentum during the 2nd quarter valued at approximately $1,621,396,000. Norges Bank purchased a new stake in Lumentum during the 4th quarter worth approximately $474,495,000. Situational Awareness LP raised its position in shares of Lumentum by 210.9% in the 4th quarter. Situational Awareness LP now owns 1,298,400 shares of the technology company’s stock valued at $478,577,000 after purchasing an additional 880,800 shares in the last quarter. Aspex Management HK Ltd acquired a new position in shares of Lumentum in the 4th quarter valued at approximately $251,363,000. Finally, WT Asset Management Ltd purchased a new position in shares of Lumentum during the 2nd quarter valued at approximately $494,688,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum Company Profile

Lumentum Holdings Inc (NASDAQ: LITE) designs and manufactures optical and photonic products used to transmit, process and control light. Its portfolio includes optical components, modules, subsystems, lasers and photonic integrated circuits that support communications networks, data centers, cloud infrastructure and industrial applications.

The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.