The Lumentum Holdings Inc (LITE) share price is expected to increase by 17.88% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered LITE. Price targets range from $45.00 at the low end to $80.00 at the high end. The current analyst consensus for LITE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
LITE is a stock in Technology which has been forecasted to be worth $58.67 as an average. On the higher end, the forecast price is $80.00 USD by ananda baruah from Loop Capital Markets and on the lower end LITE is forecasted to be $45.00 by doug clark from Goldman Sachs.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
david vogt UBS | Hold | $52.0 | maintained | Feb 9, 2024 |
meta marshall Morgan Stanley | Hold | $52.0 | maintained | Dec 13, 2023 |
dave kang B.Riley Financial | Hold | $42.0 | maintained | Nov 9, 2023 |
tim savageaux Northland Securities | Hold | $40.0 | maintained | Aug 18, 2023 |
rod hall Goldman Sachs | Hold | $86.0 | downgraded | Jun 1, 2021 |
john marchetti Stifel Nicolaus | Hold | $87.0 | maintained | May 12, 2021 |
ryan koontz Needham | Hold | $97.0 | downgraded | Mar 18, 2021 |
tejas venkatesh UBS | Hold | $93.0 | maintained | Feb 5, 2020 |
david williams Benchmark Co. | Hold | None | maintained | Jun 29, 2018 |
doug clark Goldman Sachs | Hold | $45.0 | upgraded | Mar 16, 2017 |
greg mesniaeff Drexel Hamilton | Hold | None | initiatedcoverage | Apr 8, 2016 |
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. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers, such as argon-ion and helium-neon lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, solar cell processing, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
When did it IPO
0
Staff Count
7,500
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Alan S. Lowe
Market Cap
$3.35B
In 2023, LITE generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LITE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
NARI-USD
$58.44
NCNO-USD
$29.95
MQ-USD
$6.52
RELY-USD
$18.38
ACIW-USD
$30.56
ARCB-USD
$138.8