Analysts’ Recent Ratings Updates for Lumentum (LITE)

A number of research firms have changed their ratings and price targets for Lumentum (NASDAQ: LITE):

• 11/10/2026 – Lumentum had its price target lowered by UBS Group from $960.00 to $686.00. They now have a “neutral” rating on the stock.
• 11/10/2026 – Lumentum had its price target raised by Sanford C. Bernstein from $635.00 to $700.00. They now have an “outperform” rating on the stock.
• 11/3/2026 – Lumentum had its price target lowered by Needham & Company LLC from $1,040.00 to $800.00. They now have a “buy” rating on the stock.
• 11/3/2026 – Lumentum had its price target lowered by TD Cowen from $820.00 to $685.00. They now have a “hold” rating on the stock.
• 11/3/2026 – Lumentum had its price target lowered by Susquehanna from $1,100.00 to $950.00. They now have a “positive” rating on the stock.
• 11/3/2026 – Lumentum had its price target lowered by Rosenblatt Securities from $1,300.00 to $900.00. They now have a “buy” rating on the stock.
• 11/3/2026 – Lumentum was downgraded by B. Riley Financial from “buy” to “neutral”. They now have a $770.00 price target on the stock, down from $1,142.00.
• 11/2/2026 – Lumentum was given a new $1,132.00 price target by Mizuho.
• 11/2/2026 – Lumentum was upgraded by Raymond James Financial from “moderate buy” to “strong-buy”. They now have a $1,328.00 price target on the stock.
• 11/2/2026 – Lumentum was given a new $806.00 price target by Stifel Nicolaus.
• 10/26/2026 – Lumentum was upgraded by Stonex Financial to “strong-buy”.
• 10/20/2026 – Lumentum had its price target raised by Jefferies Financial Group from $1,200.00 to $1,250.00. They now have a “buy” rating on the stock.
• 10/12/2026 – Lumentum was downgraded by Zacks Research from “strong-buy” to “hold”.
• 10/5/2026 – Lumentum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $1,300.00 price target on the stock.
• 10/5/2026 – Lumentum had its price target raised by Stifel Nicolaus from $1,100.00 to $1,232.00. They now have a “buy” rating on the stock.
• 9/30/2026 – Lumentum is now covered by Sanford C. Bernstein. They set an “outperform” rating and a $1,220.00 price target on the stock.
• 9/28/2026 – Lumentum had its price target raised by Citigroup from $1,200.00 to $1,400.00. They now have a “buy” rating on the stock.
• 9/23/2026 – Lumentum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $1,300.00 price target on the stock.

Lumentum Stock Down 4.5%

Shares of NASDAQ:LITE traded down $28.03 during midday trading on Friday, reaching $596.62. The company had a trading volume of 3,646,860 shares, compared to its average volume of 5,579,856. Lumentum Holdings Inc. has a 1-year low of $215.35 and a 1-year high of $1,143.00. The stock has a market cap of $54.11 billion, a PE ratio of -7.58 and a beta of 1.64. The company has a quick ratio of 1.27, a current ratio of 1.61 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average price is $872.23 and its 200 day moving average price is $806.93.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings results on Monday, November 2nd. The technology company reported $4.57 EPS for the quarter, beating the consensus estimate of $4.22 by $0.35. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Lumentum had a positive return on equity of 28.85% and a negative net margin of 175.82%. The business’s quarterly revenue was up 136.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.10 earnings per share. Research analysts forecast that Lumentum Holdings Inc. will post 19.93 EPS for the current fiscal year.

Insider Activity

In other Lumentum news, CFO Wajid Ali sold 24,542 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $1,048.50, for a total transaction of $25,732,287.00. Following the transaction, the chief financial officer owned 75,074 shares of the company’s stock, valued at $78,715,089. The trade was a 24.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yuen Wupen sold 307 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $945.00, for a total value of $290,115.00. Following the transaction, the insider directly owned 108,320 shares in the company, valued at approximately $102,362,400. This trade represents a 0.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 94,496 shares of company stock valued at $85,978,498 over the last quarter. 0.28% of the stock is currently owned by company insiders.

Lumentum Holdings Inc. develops and manufactures optical and photonic products used in communications networks and industrial applications. Its offerings include optical components, modules and lasers that help transmit and process data across telecommunications and data center networks. The company also supplies lasers and related technologies for industrial uses, including precision manufacturing and semiconductor production. Its products serve customers in markets around the world. Lumentum became an independent public company in 2015 through a spin-off from JDSU, now Viavi Solutions.