Lumentum (LITE) Hits New 52-Week High

As seen on the 24/7 Wall St. homepage on October 2, 2026.

LITE Lumentum

Oct 2, 6:00pm ET

New 52-week high $1,085.42 +3.1% vs prior high · 2026-05-11

Lumentum cleared $1,085.42, taking out its May 11 record by 3.07% and ending nearly five months of chop below that line. The optical name now carries a $97.4 billion market cap.

Mentioned: LITE

Related Market Updates

Biggest movers · At the close Oct 22, 4:10pm ET

Gainers

SPOTSpotify$582.23+10.8%
LCIDLucid$3.5+8.9%
BXBlackstone$118.69+8.3%
ACNAccenture$258.15+7.5%
NDAQNasdaq$103.09+7.3%

Losers

MRNAModerna$202.11-17.8%
COHRCoherent$207.45-12.7%
AAOIApplied Optoelectronics$68.18-11.8%
LRCXLam Research$230.24-11.7%
LITELumentum$754.19-11.3%

Moderna's 17.8% drop was the single biggest move at Tuesday's close, and four of the five worst performers were chip and photonics names. Spotify topped the winners.

Biggest movers · At the close Oct 12, 4:11pm ET

Gainers

SHOPShopify$179.5+5.1%
SNAPSnap$6.53+4.8%
CCZComcast$65+4.1%
METAMeta$743.16+3.4%
MDTMedtronic$91.45+3.4%

Losers

CIENCiena$402.61-10.5%
LITELumentum$994.95-9.8%
IONQIonQ$36.17-9.3%
LCIDLucid$3.44-9.2%
AAOIApplied Optoelectronics$100.76-8.1%

The optical names took the worst of it at the close, with Ciena down 10.49% and Lumentum and Applied Optoelectronics close behind. Shopify's gain led a much tamer move on the other side of the 382-stock board.

Biggest movers · On the open Oct 12, 9:54am ET

Gainers

AIC3.ai$12.68+10.0%
NOWServiceNow$146.84+4.3%
CRMSalesforce$238.32+4.0%
SHOPShopify$177.66+4.0%
INTUIntuit$313.58+3.6%

Losers

AAOIApplied Optoelectronics$103.05-6.0%
CIENCiena$424.25-5.7%
LITELumentum$1,042.18-5.5%
NVTSNavitas Semiconductor$10.2-5.4%
SNDKSanDisk$1,507.87-4.7%

C3.ai is up 9.97% at the open, leading a board where ServiceNow, Salesforce, Shopify and Intuit all gained 3.5% or more. Applied Optoelectronics is down 6% on the other end of the same board.

Biggest movers · On the open Oct 9, 9:51am ET

Gainers

AAOIApplied Optoelectronics$115.37+8.9%
CLOVClover Health$4.99+8.8%
COHRCoherent$324.08+7.2%
AMTAmerican Tower$178.57+7.1%
LITELumentum$1,120.85+6.9%

Losers

TMUST-Mobile US$156.09-8.9%
TAT&T$22.75-8.5%
VZVerizon$43.13-7.0%
JOBYJoby Aviation$5.46-5.1%
APLDApplied Digital$22.97-3.7%

All three major US wireless carriers are at the bottom of the board at the open, with T-Mobile down 8.9% and AT&T and Verizon close behind. Optical names lead the other side, Applied Optoelectronics up 8.9%.

52-week highs Oct 2, 6:00pm ET

19 stocks hit new 52-week highs this week

HPEHewlett Packard Enterprise$69.33+9.2%
ASXASE Technology Holding$47.45+5.0%
AMCAMC Entertainment$2.77+4.4%
MRNAModerna$190.01+4.4%
SSentinelOne$25.06+4.0%
LITELumentum$1,085.42+3.1%
KEYSKeysight Technologies$384.64+3.0%
CRWDCrowdStrike$270.04+2.9%
RBRKRubrik$118.58+2.6%
PANWPalo Alto Networks$403.24+1.8%

Nineteen stocks cleared fresh 52-week highs this week, and Hewlett Packard Enterprise led the pack by topping its prior peak by 9.2% at $69.33. ASE Technology, AMC, Moderna and a cluster of security names including CrowdStrike and Palo Alto Networks also broke out.

Biggest movers · At the close Oct 1, 4:10pm ET

Gainers

ACNAccenture$211.97+15.6%
SNPSSynopsys$490.81+12.8%
COHRCoherent$318.52+10.7%
AAOIApplied Optoelectronics$107.16+8.0%
LITELumentum$1,043.95+7.5%

Losers

AMCAMC Entertainment$2.75-8.2%
TEMTempus AI$76.51-6.6%
BRKRBruker$61.76-4.6%
DHRDanaher$211.34-4.6%
NWGNatWest Group$17.36-4.3%

Three names in our 383-stock board closed with double-digit gains, led by Accenture's 15.6% jump to $211.97, a move that size is rare for a mega-cap consultant. The downside was far tamer, with AMC's 8.2% slide the worst of it.

Biggest movers · At the close Sep 29, 4:10pm ET

Gainers

BEBloom Energy$292.34+11.2%
RCLRoyal Caribbean Cruises$260.42+7.3%
LITELumentum$972.47+5.5%
DUOLDuolingo$141.67+5.5%
AMATApplied Materials$512.29+5.2%

Losers

AMCAMC Entertainment$3.05-7.5%
DKNGDraftKings$19.62-7.3%
ASANAsana$8.28-4.2%
FUBOfuboTV$9.1-3.7%
SLBSchlumberger$49.63-3.6%

Bloom Energy closed up 11.21% at $292.34, the only double-digit gain in a 383-name priority list. The other end was just as loud: AMC and DraftKings both gave up more than 7%.

AI Portfolio · Eric Bleeker

LITE

Sep 28, 8:00pm ET

Milestone +1061.00%since recommended · 690 days

Eric Bleeker's AI Portfolio pick in Lumentum has turned an $83.85 entry into a 11x position in 690 days, one of the few optical names to ride the AI data center buildout this far. Eleven-bagger in under two years is rare air, and the position is still compounding.

AI Portfolio · Eric Bleeker

LITE

Sep 27, 8:00pm ET

Milestone +998.80%since recommended · 689 days

Lumentum has turned every $1,000 into nearly $11,000 since Eric Bleeker added it to the AI Portfolio in November 2024. Less than two years to get there, and the optical networking buildout behind it is still ramping.