Lumentum Holdings Inc. (LITE)

Market Cap	2.92B
Revenue (ttm)	1.44B
Net Income (ttm)	-266.50M
Shares Out	67.40M
EPS (ttm)	-3.94
PE Ratio	n/a
Forward PE	33.17
Dividend	n/a
Ex-Dividend Date	n/a

Volume	397,054
Open	42.16
Previous Close	42.01
Day's Range	42.03 - 43.29
52-Week Range	35.35 - 65.16
Beta	1.08
Analysts	Buy
Price Target	52.67 (+21.74%)
Earnings Date	May 6, 2024

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: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport...

• Industry: Communication Equipment
• Sector: Technology
• CEO: Alan S. Lowe
• Employees: 7,500
• Stock Exchange: NASDAQ
• Ticker Symbol: LITE

Analyst Forecast

According to 13 analysts, the average rating for LITE stock is "Buy." The 12-month stock price forecast is $52.67, which is an increase of 21.74% from the latest price.

Price Target

$52.67

(21.74% upside)

Analyst Consensus: Buy