Q1 Earnings Forecast for Lumentum Issued By B. Riley

Lumentum Holdings Inc. (NASDAQ:LITE) – Stock analysts at B. Riley issued their Q1 2027 EPS estimates for Lumentum in a research report issued to clients and investors on Wednesday, November 5th. B. Riley analyst D. Kang anticipates that the technology company will earn $1.33 per share for the quarter. B. Riley has a “Neutral” rating and a $147.00 price target on the stock. The consensus estimate for Lumentum’s current full-year earnings is $0.03 per share. B. Riley also issued estimates for Lumentum’s Q2 2027 earnings at $1.45 EPS, Q3 2027 earnings at $1.50 EPS, Q4 2027 earnings at $1.62 EPS and FY2027 earnings at $5.91 EPS.

Lumentum (NASDAQ:LITE) last released its earnings results on Tuesday, November 4th. The technology company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.07. The company had revenue of $533.80 million for the quarter, compared to analysts’ expectations of $525.10 million. Lumentum had a return on equity of 4.62% and a net margin of 6.11%.The firm’s quarterly revenue was up 58.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.18 EPS. Lumentum has set its Q2 2026 guidance at 1.300-1.500 EPS.

Other equities analysts also recently issued research reports about the stock. Barclays increased their price target on shares of Lumentum from $165.00 to $181.00 and gave the company an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on Lumentum from $145.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Lumentum in a research report on Wednesday, October 8th. Morgan Stanley reiterated a “cautious” rating and issued a $190.00 price objective on shares of Lumentum in a research report on Wednesday. Finally, Susquehanna increased their price objective on shares of Lumentum from $140.00 to $190.00 and gave the company a “positive” rating in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $190.67.

Lumentum Price Performance

Shares of Lumentum stock traded down $10.56 during trading on Friday, reaching $229.12. The company’s stock had a trading volume of 3,257,909 shares, compared to its average volume of 2,900,661. The company has a market capitalization of $16.25 billion, a P/E ratio of 154.41 and a beta of 1.48. Lumentum has a 12-month low of $45.65 and a 12-month high of $258.35. The business has a 50 day moving average price of $167.66 and a 200-day moving average price of $117.05. The company has a quick ratio of 3.18, a current ratio of 1.37 and a debt-to-equity ratio of 2.77.

Insider Activity at Lumentum

In related news, SVP Jae Kim sold 4,507 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $116.88, for a total value of $526,778.16. Following the transaction, the senior vice president owned 33,465 shares in the company, valued at approximately $3,911,389.20. This trade represents a 11.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Julia Suzanne Johnson sold 1,250 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $119.06, for a total transaction of $148,825.00. Following the completion of the transaction, the director directly owned 22,037 shares in the company, valued at approximately $2,623,725.22. This represents a 5.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,198 shares of company stock valued at $2,180,887 over the last three months. Insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Steigerwald Gordon & Koch Inc. acquired a new position in Lumentum during the 3rd quarter worth $49,000. Cullen Frost Bankers Inc. acquired a new position in Lumentum during the 3rd quarter valued at approximately $49,000. FNY Investment Advisers LLC acquired a new position in shares of Lumentum during the second quarter valued at $38,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Lumentum in the first quarter valued at approximately $25,000. Finally, MAI Capital Management raised its stake in Lumentum by 27.0% during the 2nd quarter. MAI Capital Management now owns 452 shares of the technology company’s stock valued at $43,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Lumentum Company Profile

Lumentum Holdings Inc manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.