Lumentum Holdings Inc. (LITE)

Market Cap	5.19B
Revenue (ttm)	1.41B
Net Income (ttm)	-522.80M
Shares Out	69.10M
EPS (ttm)	-7.68
PE Ratio	n/a
Forward PE	26.71
Dividend	n/a
Ex-Dividend Date	n/a

Volume	598,623
Open	77.39
Previous Close	76.34
Day's Range	75.68 - 79.47
52-Week Range	38.29 - 104.00
Beta	0.94
Analysts	Buy
Price Target	86.87 (+15.61%)
Earnings Date	Feb 6, 2025

About LITE

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers components, modules, and subsystems to support the high-speed transmission of data over high-capacity fiber optic links in cloud data center, AI/ML, enterprise and communications services networking applications that enable the transmission and transport of data, video, and audio ...

• Industry: Communication Equipment
• Sector: Technology
• Founded: 2015
• Employees: 7,257
• Stock Exchange: NASDAQ
• Ticker Symbol: LITE
• Website: https://www.lumentum.com

Financial Performance

In 2024, Lumentum Holdings's revenue was $1.36 billion, a decrease of -23.08% compared to the previous year's $1.77 billion. Losses were -$546.50 million, 315.3% more than in 2023.

Analyst Forecast

According to 15 analysts, the average rating for LITE stock is "Buy." The 12-month stock price forecast is $86.87, which is an increase of 15.61% from the latest price.

Price Target

$86.87

(15.61% upside)

Analyst Consensus: Buy