Lumentum Holdings Inc. (LITE)
| Market Cap | 48.84B +199.8% |
| Revenue (ttm) | 3.74B +103.2% |
| Net Income | -6.58B |
| EPS | -82.08 |
| Shares Out | 90.68M |
| PE Ratio | n/a |
| Forward PE | 18.49 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,406,071 |
| Open | 550.70 |
| Previous Close | 509.70 |
| Day's Range | 518.01 - 559.00 |
| 52-Week Range | 215.35 - 1,143.00 |
| Beta | 1.65 |
| Analysts | Buy |
| Price Target | 1,100.15 (+104.27%) |
| Earnings Date | Nov 2, 2026 |
About LITE
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It offers component products, including semiconductor laser chips, laser sub-assemblies, line subsystems, and wavelength management systems. The company also offers system products, such as optical modules, optical circuit switches, and industrial lasers, including short-pulse solid-state lasers and kilowatt-class fiber lasers. Its products and solutions are used in cloud, artificial intelligence an... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 26 analysts, the average rating for LITE stock is "Buy." The 12-month stock price target is $1,100.15, which is an increase of 104.27% from the latest price.
News
Lumentum CEO Michael Hurlston: Our demand couldn't be stronger but we're seeing a massive sell-off
Michael Hurlston, Lumentum CEO, joins 'Power Lunch' to discuss steep share sell-off, Marvell's plans to Lumentum in an all-stock transaction, outlook for the business and more.
Jefferies US semiconductors analyst holds analyst/industry conference call
Semiconductors Analyst Curtis, along with the CEOs of Marvell (MRVL) and Lumentum (LITE), participate in an Analyst/Industry conference call to be held on November 3 at 12:30 pm. Webcast Link…
Marvell and Lumentum Have Lost $91 Billion in Market Value as Merger Doubts Mount
The selloff has reduced the all-stock offer's value, but termination fees and strategic benefits could help keep the deal on track.
Marvell selloff after Lumentum deal ‘seems overdone,’ says Morgan Stanley
Morgan Stanley argues that Marvell’s (MRVL) deal for Lumentum (LITE) “brings risks but also opportunities” as the benefits of co-designing lasers and electronics for next generation optics “seem clear...
Lumentum price target raised to $685 from $620 at TD Cowen
TD Cowen analyst Sean O’Loughlin raised the firm’s price target on Lumentum (LITE) to $685 from $620 and keeps a Hold rating on the shares. The firm said they posted…
Marvell price target lowered to $275 from $365 at B. Riley
B. Riley analyst Craig Ellis lowered the firm’s price target on Marvell (MRVL) to $275 from $365 and keeps a Buy rating on the shares. Marvell’s all-stock Lumentum (LITE) acquisition…
Lumentum price target lowered to $1,132 from $1,140 at Mizuho
Mizuho lowered the firm’s price target on Lumentum (LITE) to $1,132 from $1,140 and keeps an Outperform rating on the shares. The firm views the company’s September quarter report as…
Marvell price target lowered to $225 from $350 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Marvell (MRVL) to $225 from $350 and keeps a Neutral rating on the shares. Marvell’s $115B all-stock acquisition of Lumentum (LITE) strengthens…
Nvidia CEO supports Marvel, Lumentum deal, Bloomberg reports
Before Marvell (MRVL) and Lumentum (LITE) entered a $103B tie-up, Marvell CEO Matthew Murphy and Lumentum CEO Michael Hurlston met with Nvidia (NVDA) CEO Jensen Huang to learn his views…
Want a Tesla-SpaceX Merger? Look at the Marvell-Lumentum Deal.
It almost goes without saying: Tesla investors expect a merger with SpaceX, with the latter offering a premium in an all-stock deal. SpaceX might offer a 20% or 30% premium, pushing Tesla stock as hig...
Marvell Stock (MRVL): Why Wall Street Is Split on the $115B Lumentum Acquisition
Marvell shares ($MRVL) plunged 12.72% on Monday. This came after the U.S. custom chipmaker announced a $115 billion agreement to acquire optical and laser hardware company Lumentum ($LITE). On Wall…
MRVL, LITE stocks downgraded as merger raises dilution and limited-upside concerns
Marvell Technology and Lumentum shares came under heavy selling pressure on Monday after the chipmaker agreed to acquire the optical networking equipment maker in an all-stock transaction valued at $1...
Lumentum downgraded to Neutral from Buy at B. Riley
B. Riley analyst Dave Kang downgraded Lumentum (LITE) to Neutral from Buy with a $770 price target after the company agreed to combine with Marvell (MRVL) in an all-stock transaction.
Lumentum price target lowered to $900 from $1,220 at Bernstein
Bernstein analyst Daniel Zhu lowered the firm’s price target on Lumentum (LITE) to $900 from $1,220 and keeps an Outperform rating on the shares after the company’s confirmed acquisition by…
Marvell and Lumentum shareholders unite in panning merger deal: ‘It's a trash offer'
Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.
Marvell, Lumentum tout historic $115B deal to create ‘category leader' in AI connectivity
Marvell CEO Matt Murphy calls the $115 billion Lumentum acquisition a once-in-a-generation move to create a dominant AI connectivity leader.
Marvell, Lumentum merge in $115 billion deal amid AI spending jitters
U.S. chipmaker Marvell Technology said Monday it will buy optical components maker Lumentum in a $115 billion all-stock deal, the latest bid for scale among AI infrastructure companies as investors in...
Lumentum upgraded to Strong Buy from Outperform at Raymond James
Raymond James analyst Simon Leopold upgraded Lumentum (LITE) to Strong Buy from Outperform with a price target of $1,328, up from $1,036.
Lumentum upgraded at Raymond James on standalone value, Marvell deal
As previously reported, Raymond James upgraded Lumentum (LITE) to Strong Buy from Outperform with a price target of $1,328, up from $1,036. Following the company’s pre-announcement and the announced M...
How Marvell and Lumentum stack up in AI's optical race
Nov 2 (Reuters) - Marvell Technology's (MRVL.O), opens new tab $115 billion buyout of Lumentum (LITE.
Driven by A.I. Boom, Marvell and Lumentum Announce $115 Billion Merger
Marvell and Lumentum said they were combining, in a major bet on a technology known as optical networking that is increasingly being used in A.I. data centers.
In one of the largest deals in tech history, Marvell buys Lumentum for $115B
Custom chip designer Marvell has signed a deal to acquire optical chip and networking equipment maker Lumentum in an all-stock deal with an enterprise value of $115 billion (including debt) and an equ...
MRVL Acquiring LITE for $115B: What Merger Means for AI Trade
Marvell (MRVL) will buy Lumentum (LITE) in a massive all-stock merger that will cost Marvell $115 billion. Marley Kayden takes investors through the key details of the deal and explains what it means ...
Marvell to Buy Lumentum in $115 Billion Deal
Marvell Technology Inc. has reached a deal to buy Lumentum Holdings Inc. at an enterprise value of $115 billion. Paul Sweeney breaks down the deal on Bloomberg Radio.
Marvell CEO Matt Murphy on Lumentum deal: We're creating the 'category leader in AI connectivity'
Marvell CEO Matt Murphy and Lumentum CEO Michael Hurlston join 'Squawk on the Street' to discuss Marvell's acquisition of Lumentum, solutions to potential production hurdles, and more.