Companies /Technology

Lumentum Holdings Inc

NASDAQ: LITE Communication Equipment
$538.59
▲ $28.89 (+5.67%) today
Markets closed · 12:17pm ET

24/7 Wall St. View

Price Prediction $745.23 +43.1% Our analysts’ 12-month view: target, optimistic case, and floor. LITE price prediction → Earnings Beat +8.2% EPS vs. the estimate, revenue, and how the market reacted. LITE earnings history →

LITE at a Glance

Valuation
Market cap
$46.2B
Profitability
Revenue (TTM)
$3.7B
Profit margin
-175.8%
EPS (TTM)
$-89.62
Price
52-week range
$215 – $1,143
24/7 target
$745.23
Street target
$1,110.07
Earnings
Next report
Feb 1, 2027
Q1 2027 EPS
$4.57
vs. $4.22 est.
+8.2%

Headquartered in San Jose, CA Fiscal year ends June NASDAQ: LITE lumentum.com

About Lumentum

Lumentum Holdings Inc. (NASDAQ: LITE) designs and manufactures optical and photonic products used in the networks and infrastructure behind AI, cloud computing and next-generation communications. Its portfolio includes high-performance lasers (including pump lasers), optical modules (including cloud transceiver modules) and optical subsystems such as optical circuit switches (OCS). These products enable scalable, energy-efficient data center connectivity, advanced telecom networks, industrial manufacturing and imaging and sensing applications.

The company reports revenue in two product categories:
- **Components:** roughly 60% of revenue.
- **Systems:** roughly 40% of revenue.

It is increasingly focused on AI data center opportunities, including near-packaged and co-packaged optics (NPO/CPO), where it has secured major design wins backed by multi-billion-dollar purchase commitments. Lumentum operates R&D, manufacturing and sales facilities worldwide and is ramping a facility in Greensboro, North Carolina. Its capital structure includes convertible notes due 2032 with capped calls, Series A Convertible Preferred Stock issued in March 2026, a revolving credit facility and term loans. Updated

Revenue by Segment · Q1 2027
  1. Components60%
  2. Systems40%

Latest Activity

LITELumentum
Regular session
$521.85
-12.35%open $595.40

A 12.35% drop to $521.85 from a $595.40 open erases roughly $6 billion from one of the most heavily owned AI optics names. Moves this size are rare here, and no company announcement explains it yet.

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Biggest movers · At the close
Gainers
  • IDXXIDEXX Laboratories$671.82+21.9%
  • TEMTempus AI$79.36+9.9%
  • RIVNRivian$13.1+7.7%
  • HWMHowmet Aerospace$212.78+6.8%
  • BAMBrookfield Asset Management$51.37+6.4%
Losers
  • LITELumentum$683.66-18.7%
  • MRVLMarvell Technology$171.11-12.9%
  • ALABAstera Labs$229.63-11.2%
  • AAOIApplied Optoelectronics$62.38-9.7%
  • CRWVCoreWeave$49.85-9.2%

IDEXX Laboratories closed up 21.88%, the single largest move in a 383-name universe. Lumentum and Marvell sat at the other end of the session.

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LITELumentum
Regular session
$702.47
-12.20%open $800.12

The 12.2% drop lands the same day Lumentum posted a Q1 FY2027 earnings beat alongside a no-premium Marvell deal, putting the merger terms in front of the results for holders. Moves this size are rare for a $63.6 billion name.

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Biggest movers · On the open
Gainers
  • IDXXIDEXX Laboratories$641.25+16.3%
  • RIVNRivian$13.09+7.6%
  • MARMarriott International$420.95+5.4%
  • CAVACava$61.59+4.8%
  • BABAAlibaba$102.69+4.7%
Losers
  • LITELumentum$750.01-10.8%
  • CIFRCipher Digital$6.82-6.5%
  • EQNREquinor$46.03-5.6%
  • MRVLMarvell Technology$186.03-5.3%
  • ORCLOracle$124.13-5.0%

IDEXX Laboratories opened 16.33% higher, the largest single move across a 380-stock priority universe today. Lumentum anchors the other end, with Oracle and Marvell also lower.

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Wall St. Engine@wallstengine

Management is framing the $115 billion all-stock Lumentum deal as a top-five AI silicon franchise, which sets the bar both stocks will be judged against after their selloff on the announcement.

MARVELL $MRVL CEO: EXPECT COMBINED CO WITH LUMENTUM $LITE TO BECOME ONE OF THE TOP FIVE LARGEST AI INFRASTRUCTURE SEMICONDUCTOR COMPANIES
  • Replies6
  • Reposts16
  • Likes156
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LITELumentum
Q1 2027
EPS
$4.57
est $4.22+8.2%
Revenue
$1.26B
est $1.25B+0.7%

A second major NPO/CPO design win carries more than $5 billion in purchase commitments, and Lumentum says optoelectronic capacity is effectively sold out. EPS topped expectations, and guidance points to higher revenue next quarter.

Quarterly EPS — reported vs estimate
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Biggest movers · At the close
Gainers
  • LITELumentum$818.26+8.2%
  • AAOIApplied Optoelectronics$72.44+7.3%
  • DOCNDigitalOcean$99.48+6.7%
  • ARMArm$223.68+6.3%
  • COHRCoherent$221.57+5.9%
Losers
  • PBR-APetrobras$19.86-15.6%
  • PBRPetrobras$22.46-14.1%
  • MELIMercadoLibre$1,665.83-8.0%
  • DASHDoorDash$169.5-5.5%
  • FIGFigma$23.48-4.7%

Optical and chip names owned the close, with Lumentum up 8.21% to $818.26 and Coherent, Applied Optoelectronics and Arm all gaining more than 5%. Both Petrobras lines sat at the bottom, the preferred shares down 15.6%.

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Biggest movers · At the close
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.

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Biggest movers · At the close
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.

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Biggest movers · On the open
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.

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LITE Coverage

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Frequently Asked Questions

What does Lumentum do?

Lumentum Holdings Inc. (NASDAQ: LITE) designs and manufactures optical and photonic products used in the networks and infrastructure behind AI, cloud computing and next-generation communications.

What is the LITE stock price target?

24/7 Wall St.'s 12-month price target for LITE is $745.23, rated Buy. The Wall Street consensus target is $1,110.07. LITE price prediction →