Lumentum (LITE) Projected to Post Earnings on Tuesday

Lumentum (NASDAQ:LITE) is anticipated to announce its Q4 2026 results after the market closes on Tuesday, August 11th. Analysts expect the company to post earnings of $2.97 per share and revenue of $987.6960 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q4 2026 earning report page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 5:00 AM ET.

Lumentum (NASDAQ:LITE) last announced its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.10. The firm had revenue of $808.40 million during the quarter, compared to analysts’ expectations of $810.21 million. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The business’s revenue was up 90.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. On average, analysts expect Lumentum to post $6 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Lumentum Stock Performance

NASDAQ:LITE traded up $78.06 during mid-day trading on Tuesday, reaching $857.95. 4,002,557 shares of the stock were exchanged, compared to its average volume of 5,725,208. The company has a 50 day simple moving average of $817.73 and a 200-day simple moving average of $742.29. The stock has a market capitalization of $66.75 billion, a P/E ratio of 158.88 and a beta of 1.50. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 0.01. Lumentum has a 1 year low of $106.16 and a 1 year high of $1,085.68.

Wall Street Analysts Forecast Growth

LITE has been the subject of a number of research reports. Citigroup reiterated a “buy” rating on shares of Lumentum in a research note on Thursday, July 16th. Stifel Nicolaus lifted their target price on shares of Lumentum from $800.00 to $1,100.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Needham & Company LLC reiterated a “buy” rating and issued a $1,040.00 price target on shares of Lumentum in a research report on Tuesday, June 9th. JPMorgan Chase & Co. increased their price target on shares of Lumentum from $950.00 to $1,130.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, TD Cowen lowered their price objective on shares of Lumentum from $995.00 to $800.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,012.67.

Insider Activity at Lumentum

In other Lumentum news, Director Isaac Hosojiro Harris sold 1,416 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $1,000.08, for a total transaction of $1,416,113.28. Following the completion of the sale, the director directly owned 6,984 shares of the company’s stock, valued at approximately $6,984,558.72. This trade represents a 16.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Wajid Ali sold 2,487 shares of Lumentum stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $953.95, for a total value of $2,372,473.65. Following the completion of the transaction, the chief financial officer owned 60,951 shares in the company, valued at $58,144,206.45. This trade represents a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 41,260 shares of company stock worth $38,859,220 in the last ninety days. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Lumentum

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Truvestments Capital LLC raised its position in Lumentum by 300.0% during the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock worth $28,000 after buying an additional 57 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Lumentum in the 4th quarter worth $30,000. Danske Bank A S purchased a new stake in shares of Lumentum in the third quarter valued at about $33,000. Zions Bancorporation National Association UT purchased a new stake in shares of Lumentum in the fourth quarter valued at about $42,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of Lumentum during the fourth quarter worth about $44,000. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

Lumentum Company Profile

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.