DailyIQ
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Sector:TechnologyAll sectors
Last updated 27 minutes ago

LITE·Lumentum Holdings Inc.

$.
+. (+.%)
High
$843.00
Open
$810.49
Market Cap
60.82B
52W High
$1,085.68
Low
$787.70
P. Close
$765.55
P/E
138.25
52W Low
$97.55
Fwd P/E
41.78
DailyIQ Est.
$1186.03
Technical Score (1D)
64
BUY
News Sentiment
88
BULLISH
Lumentum is projected to beat earnings again, driven by a surge in demand for its optical and photonics products. Analysts point to continued growth in the data‑center and telecom segments as the main revenue drivers. The company’s guidance also signals higher operating margins, suggesting improved profitability. This combination of revenue growth and margin expansion could lift the stock as investors anticipate stronger cash flow. Over the next 1–10 trading days, the market will be sensitive to the earnings release and margin confirmation. Watch for the earnings announcement date and any revisions to the guidance. Pay close attention to the data‑center segment performance and any comments on telecom orders. Also monitor for any mention of supply‑chain constraints that could impact margins. Finally, keep an eye on analyst upgrades or downgrades that may follow the results.
Earnings Summary
Lumentum Holdings Inc. (LITE) is a global technology provider specializing in optical and photonic solutions, delivering components for cloud data centers, AI infrastructure, and industrial laser applications across diverse industries. In its Cloud & Networking segment, the company supplies chips, modules, and subsystems to hyperscale customers, while its Industrial Tech segment focuses on laser technologies for semiconductor, solar, display, and electric‑vehicle battery manufacturing. In the most recent quarter, Q1 2025, LITE reported earnings per share of $0.57 against an estimate of $0.50151, and revenue of $425.2 million, marking a beat on both metrics; the following quarter, Q3 2026, saw EPS of $2.37 versus an estimate of $2.3138 and revenue of $808.4 million, slightly below the $820.4 million estimate but still a substantial increase from the prior year’s $425.2 million. The company’s EPS has consistently outperformed analyst expectations in the last four quarters, with only the Q4 2026 EPS currently pending; revenue growth has accelerated from $425 million in Q1 2025 to $808 million in Q3 2026, and the Q4 2026 revenue estimate of $1.00765 billion suggests continued expansion. Recent analyst commentary highlights a Zacks Rank #2 Buy upgrade and JPMorgan’s price‑target lift to $1,165, driven by LITE’s expanding role in AI‑focused data‑center optics, while concerns about concentration in a few hyperscale customers and supply constraints temper enthusiasm; index removals from the Russell 2500 and 3000 have applied short‑term pressure. Investors should watch the August 11 Q4 2026 earnings release for guidance on AI‑related revenue, any new product launches, and updates on supply‑chain constraints, as well as any changes in index reconstitution decisions that could influence short‑term volatility.

EPS

EstBeatMiss
$0.13$0.93$1.74$2.54$3.34Q1'25Q3'26Q4'26
QtrEstActual+/−
Q4'26$2.97 - -
Q3'26$2.31$2.37+2.4%
Q1'25$0.50$0.57+13.7%

Revenue

EstBeatMiss
$338M$527M$716M$906M$1.1BQ1'25Q3'26Q4'26
QtrEstActual+/−
Q4'26$1.0B - -
Q3'26$820M$808M-1.5%
Q1'25 - $425M -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

LITE Stock Snapshot

LITE is currently trading at $836.50, giving Lumentum Holdings Inc. a market cap of 60.82B and a P/E ratio of 138.3. Today's range spans $787.70–$843.00, with shares opening at $810.49 and moving up $70.95 (9.3%) from the prior close. DailyIQ's technical score sits at 64/100 (HOLD) with a news sentiment reading of 88/100.

Over the past year LITE has traded between $97.55 and $1085.68 - the current price is +757.5% off the 52-week low and -23.0% from the high. 35 analysts cover the stock with a Buy consensus and a mean 12-month target of $1104.89 (range $600.00–$1400.00), implying upside of +32.1%.

Neutral technical setups in large-cap Technology names are inherently unstable - they resolve. Right now, LITE (64/100, HOLD, price $836.50, in the upper portion of its 52-week range) is waiting for that resolution. Sentiment: bullish at 88/100. The current P/E ratio stands at 138.3. With 60.82B in market cap, the 52-week range of $97.55–$1085.68 is where structural support and resistance live - and which one holds when the next catalyst hits will define the next trade.

In neutral phases, large-cap Technology names like LITE are often where sector rotation debates play out quietly — at 60.82B in capitalization, the stock receives incremental allocation from funds reducing mega-cap exposure without the volatility of a small-cap entry. The 64/100 (HOLD) and bullish sentiment (88/100) at $836.50 (in the upper portion of its 52-week range) describe a stock that is being considered rather than avoided.