Lumentum Holdings Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Lumentum Holdings stock has a consensus rating of "Buy" and an average price target of $1,105. The average 1-year stock price forecast is 54.76% higher than the current stock price, while the lowest is $600 (-15.96%) and the highest is $1,400 (+96.09%).

Price Target: $1,105 (+54.76%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$600	$1,105	$1,100	$1,400
Change	-15.96%	+54.76%	+54.07%	+96.09%

Analyst Ratings

The average analyst rating for Lumentum Holdings stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	14	14	14	15	16	16
Buy	4	4	4	4	4	5
Hold	4	5	5	5	5	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	23	23	24	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Cardoso J.P. Morgan	J.P. Morgan	Buy Maintains $1,165	Buy	Maintains	$1,165	+63.18%	Jul 22, 2026
Thomas O'Malley Barclays	Barclays	Buy Upgrades $1,000	Buy	Upgrades	$1,000	+40.07%	Jul 20, 2026
Papa Talla Sylla Citi	Citi	Buy Maintains $1,100	Buy	Maintains	$1,100	+54.07%	Jul 16, 2026
David Vogt UBS	UBS	Hold Maintains $960	Hold	Maintains	$960	+34.47%	Jul 14, 2026
Joshua Buchalter TD Cowen	TD Cowen	Hold Maintains $995 → $800	Hold	Maintains	$995 → $800	+12.05%	Jul 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.99B

from 1.65B

81.96%

from 1.65B

Revenue Next Year

5.61B

from 2.99B

87.30%

from 2.99B

EPS This Year

8.23

from 2.06

299.35%

from 2.06

EPS Next Year

18.35

from 8.23

123.11%

from 8.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jul 3, 2021	Jul 2, 2022	Jul 1, 2023	Jun 29, 2024	Jun 28, 2025	Jun 30, 2026
Revenue	1.74B	1.71B	1.77B	1.36B	1.65B	2.99B
Revenue Growth	3.83%	-1.73%	3.18%	-23.08%	21.03%	81.96%
Gross Profit	850.20M	851.50M	671.20M	343.70M	542.10M	1.36B
Gross Margin	48.78%	49.72%	37.99%	25.29%	32.95%	45.27%
Operating Income	332.60M	310.60M	-40.00M	-343.50M	-189.50M	873.34M
Net Income	397.30M	198.90M	-131.60M	-546.50M	25.90M	449.89M
EPS	-	-	-	-	2.06	8.23
EPS Growth	-	-	-	-	103.96%	299.35%
Forward PE	15.52	11.78	20.71	54.57	25.92	86.78
Free Cash Flow	397.49M	329.30M	81.51M	41.09M	48.69M	209.10M
No. Analysts	-	-	-	-	-	21

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	3.0B
Avg	3.0B
Low	3.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	83.3%
Avg	82.0%
Low	79.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.51
Avg	8.23
Low	7.60

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	313.1%
Avg	299.4%
Low	268.9%