Lumentum (NASDAQ:LITE) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Lumentum (NASDAQ:LITE) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $950.00 to $1,130.00 in a research report issued on Wednesday,MarketScreener reports. JPMorgan Chase & Co.‘s price target points to a potential upside of 16.45% from the stock’s previous close.

Several other research firms have also recently weighed in on LITE. Morgan Stanley set a $900.00 price objective on shares of Lumentum in a research report on Wednesday. Needham & Company LLC lifted their price target on Lumentum from $880.00 to $1,040.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Jefferies Financial Group reissued a “buy” rating and set a $1,200.00 price objective on shares of Lumentum in a report on Wednesday. Stifel Nicolaus boosted their price target on shares of Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Zacks Research lowered Lumentum from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $912.42.

Lumentum Price Performance

NASDAQ:LITE opened at $970.40 on Wednesday. The firm has a market capitalization of $69.29 billion, a price-to-earnings ratio of 302.12 and a beta of 1.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61. The stock has a fifty day moving average of $766.66 and a 200 day moving average of $492.31. Lumentum has a 52-week low of $60.38 and a 52-week high of $1,021.00.

Lumentum (NASDAQ:LITE) last issued its quarterly 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 the consensus estimate of $810.05 million. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The company’s revenue for the quarter was up 90.1% on a year-over-year basis. During the same quarter last year, the company posted $0.57 EPS. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, research analysts expect that Lumentum will post 5.87 EPS for the current fiscal year.

Insider Buying and Selling at Lumentum

In related news, insider Yuen Wupen sold 3,157 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total value of $1,698,466.00. Following the completion of the transaction, the insider directly owned 88,439 shares in the company, valued at $47,580,182. This trade represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Vincent Retort sold 3,441 shares of Lumentum stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $545.78, for a total transaction of $1,878,028.98. Following the transaction, the insider directly owned 95,975 shares of the company’s stock, valued at approximately $52,381,235.50. This trade represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 65,775 shares of company stock valued at $38,851,343 over the last 90 days. 0.43% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Lumentum by 0.6% in the third quarter. Vanguard Group Inc. now owns 7,485,282 shares of the technology company’s stock worth $1,217,930,000 after acquiring an additional 41,975 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Lumentum by 18.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,854,801 shares of the technology company’s stock valued at $683,661,000 after acquiring an additional 291,591 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Lumentum by 9.6% in the 4th quarter. Geode Capital Management LLC now owns 1,412,213 shares of the technology company’s stock worth $521,563,000 after purchasing an additional 123,265 shares during the last quarter. Situational Awareness LP raised its position in shares of Lumentum by 210.9% in the 4th quarter. Situational Awareness LP now owns 1,298,400 shares of the technology company’s stock worth $478,577,000 after purchasing an additional 880,800 shares during the last quarter. Finally, Norges Bank bought a new position in Lumentum in the 4th quarter worth about $474,495,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Q3 EPS beat and strong profitability — Lumentum reported $2.37 EPS, topping estimates and showing large year?over?year improvement (vs $0.57 a year ago); net margin and ROE metrics improved, which underpins higher valuation expectations. MarketBeat earnings summary
• Positive Sentiment: Raised FY/Q4 guidance — Lumentum provided Q4 EPS guidance of $2.85–$3.05 versus consensus ~2.59, signaling continued AI/data?center demand and setting expectations above Street views. Seeking Alpha guidance story
• Positive Sentiment: Analysts raise targets and reiterate buys — Loop Capital to $1,400, Rosenblatt to $1,300, Stifel to $1,100 (all buy), which gives multi?hundred?dollar upside scenarios cited by brokers and can support the stock after the print. Loop Capital note Rosenblatt / Stifel coverage
• Positive Sentiment: Company sees AI-driven revenue upside — Management and press note that AI/data?center optics are driving demand, and some outlets report revenue forecasts above estimates tied to that secular trend. MSN: AI-driven demand
• Neutral Sentiment: Full earnings materials and transcript available — Call transcript, slide deck and press release provide management detail for investors doing deeper due diligence. Earnings call transcript
• Neutral Sentiment: Analyst commentary supports long?term growth thesis — Notes from Zacks/Seeking Alpha highlight very strong YoY revenue growth (~90%) and rapid EPS expansion, arguing valuation reflects growth expectations. Zacks coverage
• Negative Sentiment: Revenue slightly missed Street estimate — Reported revenue $808.4M vs. consensus ~$810.0M; despite beat on EPS, the revenue shortfall and an outsized prior rally appear to have prompted profit?taking. Yahoo: shares tumble
• Negative Sentiment: Short-term technical/positioning risk — After a massive YTD and 1?year run, some outlets warn the bar is very high and volatility/mean reversion could pressure the stock in the near term. 247WallSt: surge caution

About Lumentum

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.