Lumentum (NASDAQ:LITE) Updates Q4 2026 Earnings Guidance

Lumentum (NASDAQ:LITE) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.850-3.050 for the period, compared to the consensus earnings per share estimate of 2.590. The company issued revenue guidance of $960.0M-$1.0 billion, compared to the consensus revenue estimate of $913.3 million.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LITE. Stifel Nicolaus increased their price target on Lumentum from $800.00 to $1,100.00 and gave the company a “buy” rating in a research note on Tuesday. Loop Capital increased their price target on Lumentum from $900.00 to $1,400.00 and gave the company a “buy” rating in a research note on Tuesday. TD Cowen increased their price target on Lumentum from $675.00 to $875.00 and gave the company a “hold” rating in a research note on Friday, April 10th. Northland Securities set a $1,000.00 price target on Lumentum in a research note on Monday, April 20th. Finally, Needham & Company LLC increased their price target on Lumentum from $880.00 to $1,040.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Twelve analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $812.71.

Lumentum Stock Performance

NASDAQ LITE traded up $18.38 on Tuesday, reaching $994.56. The stock had a trading volume of 6,328,268 shares, compared to its average volume of 5,902,814. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.61 and a quick ratio of 0.45. The firm has a fifty day moving average of $760.12 and a two-hundred day moving average of $486.41. Lumentum has a 1-year low of $60.38 and a 1-year high of $1,021.00. The company has a market cap of $71.01 billion, a P/E ratio of 305.08 and a beta of 1.53.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.26. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The firm had revenue of $665.50 million for the quarter, compared to analyst estimates of $646.74 million. During the same period in the prior year, the firm posted $0.42 EPS. The company’s revenue for the quarter was up 65.5% on a year-over-year basis. On average, equities research analysts anticipate that Lumentum will post 5.87 EPS for the current year.

Insider Transactions at Lumentum

In other Lumentum news, CFO Wajid Ali sold 5,302 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $691.13, for a total value of $3,664,371.26. Following the transaction, the chief financial officer directly owned 66,287 shares of the company’s stock, valued at $45,812,934.31. This represents a 7.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Yuen Wupen sold 3,157 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total value of $1,698,466.00. Following the sale, the insider directly owned 88,439 shares in the company, valued at approximately $47,580,182. This trade represents a 3.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 65,775 shares of company stock valued at $38,851,343. Corporate insiders own 0.43% of the company’s stock.

Lumentum News Summary

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Loop Capital raised its price target to $1,400 and maintained a buy rating, signaling stronger conviction in LITE’s AI/datacenter-driven demand and implying material upside from recent levels. Loop Capital PT Raise
• Positive Sentiment: Stifel Nicolaus boosted its target to $1,100 and reiterated a buy — another institutional endorsement that supports the current rally and narrows analyst skepticism. Stifel PT Raise
• Positive Sentiment: Media and TV exposure: Jim Cramer publicly said he would buy Lumentum, which can amplify retail demand into earnings. Jim Cramer Bullish Comment
• Positive Sentiment: Bullish investor write?ups and substack analyses (covered by Yahoo Finance) reiterate a growth/AI infrastructure thesis that supports higher forward multiples. Bullish Thesis Coverage
• Neutral Sentiment: Copy?trading/hedge interest: a high?profile copy?trading portfolio has been buying winners and listed Lumentum among holdings, which can add flows but is not a primary fundamentals driver. Copy?trading Portfolio Piece
• Negative Sentiment: Risk note — several articles highlight Lumentum’s extraordinary 1,444% one?year surge and warn the bar is high heading into earnings; this raises the chance of a sharp pullback if guidance or execution disappoints. Volatility / Earnings Risk

Institutional Investors Weigh In On Lumentum

Several institutional investors and hedge funds have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership lifted its position in Lumentum by 8,579.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,563,210 shares of the technology company’s stock worth $254,350,000 after purchasing an additional 1,545,199 shares during the period. Value Aligned Research Advisors LLC bought a new stake in Lumentum during the fourth quarter worth about $432,062,000. Voloridge Investment Management LLC lifted its position in Lumentum by 107.5% during the third quarter. Voloridge Investment Management LLC now owns 644,194 shares of the technology company’s stock worth $104,817,000 after purchasing an additional 333,734 shares during the period. Northern Trust Corp lifted its position in Lumentum by 1.7% during the third quarter. Northern Trust Corp now owns 578,117 shares of the technology company’s stock worth $94,065,000 after purchasing an additional 9,580 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in Lumentum by 66.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 499,612 shares of the technology company’s stock worth $184,153,000 after purchasing an additional 199,726 shares during the period. Institutional investors own 94.05% of the company’s stock.

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.