Lumentum Holdings Inc. (LITE)
NASDAQ: LITE · Real-Time Price · USD
89.35
+3.75 (4.38%)
Jan 3, 2025, 4:00 PM EST - Market closed
Lumentum Holdings Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Lumentum Holdings stock have an average target of 75.38, with a low estimate of 50 and a high estimate of 115. The average target predicts a decrease of -15.64% from the current stock price of 89.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LITE stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 4 | 4 | 3 | 3 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 14 | 14 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $76 → $83 | Hold | Maintains | $76 → $83 | -7.11% | Dec 17, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $61 → $76 | Hold | Maintains | $61 → $76 | -14.94% | Nov 14, 2024 |
| Barclays | Barclays | Sell Maintains $40 → $80 | Sell | Maintains | $40 → $80 | -10.46% | Nov 11, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $69 → $110 | Strong Buy | Maintains | $69 → $110 | +23.11% | Nov 8, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $45 → $60 | Hold | Maintains | $45 → $60 | -32.85% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
1.62B
from 1.36B
Increased by 19.19%
Revenue Next Year
2.08B
from 1.62B
Increased by 28.40%
EPS This Year
1.61
from -8.12
EPS Next Year
3.77
from 1.61
Increased by 134.63%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.7B | 2.3B | 2.5B |
| Avg | 1.6B | 2.1B | 2.3B |
| Low | 1.5B | 1.9B | 2.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 27.6% | 41.4% | 20.0% |
| Avg | 19.2% | 28.4% | 11.6% |
| Low | 10.9% | 17.8% | 5.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.21 | 4.67 | 5.43 |
| Avg | 1.61 | 3.77 | 4.20 |
| Low | 1.24 | 3.11 | 2.43 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 190.7% | 44.0% |
| Avg | - | 134.6% | 11.4% |
| Low | - | 93.3% | -35.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.