Lumentum Holdings Inc

Lumentum Holdings Inc Stock Forecast & Price Prediction

Live Lumentum Holdings Inc Stock (LITE) Price
$49.77

9

Ratings

  • Buy 5
  • Hold 2
  • Sell 2
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$49.77

P/E Ratio

P/E Ratio not available for LITE

Volume Traded Today

$1.5M

Dividend

Dividends not available for LITE

52 Week High/low

65.16/35.35

Lumentum Holdings Inc Market Cap

$3.35B

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LITE Summary

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 Analyst Ratings

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.

LITE stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

ananda baruah
Loop Capital Markets

Buy

$80.0

reiterated

Feb 9, 2024
michael genovese
Rosenblatt Securities

Buy

$65.0

maintained

Feb 9, 2024
samik chatterjee
J.P. Morgan

Buy

$62.0

maintained

Feb 9, 2024
ruben roy
Stifel Nicolaus

Buy

$62.0

maintained

Feb 9, 2024
david vogt
UBS

Hold

$52.0

maintained

Feb 9, 2024
vivek arya
Bank of America Securities

Sell

$45.0

reiterated

Feb 8, 2024
richard shannon
Craig-Hallum

Buy

None

rated

Feb 8, 2024
thomas o'malley
Barclays

Sell

$40.0

rated

Feb 8, 2024
christopher rolland
Susquehanna

Buy

$65.0

maintained

Jan 23, 2024
meta marshall
Morgan Stanley

Hold

$52.0

maintained

Dec 13, 2023
alex henderson
Needham

Buy

$50.0

maintained

Nov 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
simon leopold
Raymond James

Buy

$51.5

maintained

Aug 18, 2023
blayne curtis
Barclays

Sell

$42.0

downgraded

Jul 5, 2023
hans mosesmann
Rosenblatt Securities

Buy

$115.0

reiterated

Mar 8, 2022
george notter
Jefferies

Buy

$105.0

maintained

Feb 3, 2022
fahad najam
Loop Capital Markets

Buy

$93.0

maintained

Oct 5, 2021
rod hall
Goldman Sachs

Hold

$86.0

downgraded

Jun 1, 2021
thomas diffely
D.A. Davidson

Buy

$95.0

maintained

May 13, 2021

LITE Company Information

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.

LITE
Lumentum Holdings Inc (LITE)

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

Lumentum Holdings Inc(LITE) Financial Data

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

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $1.44B
  • Operating Margin TTM -0.21%
  • Gross profit TTM $569.0M
  • Return on assets TTM -0.03%
  • Return on equity TTM -0.19%
  • Profit margin -0.18525%
  • Book value 18.96%
  • Market capitalisation $3.35B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -3.95
  • EPS next year N/A

Lumentum Holdings Inc(LITE) Latest News

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LITE Frequently asked questions

The highest forecasted price for LITE is $80.00 from ananda baruah at Loop Capital Markets.

The lowest forecasted price for LITE is $45.00 from doug clark from Goldman Sachs

The LITE analyst ratings consensus are 5 buy ratings, 2 hold ratings, and 2 sell ratings.