Lumentum stock soars to 52-week high, hits $91.44
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Lumentum Holdings Inc (LITE)Lumentum Holdings Inc stock price live, this page displays NASDAQ LITE stock exchange data. View the LITE premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Lumentum Holdings Inc real time stock price chart below.
What Is the Lumentum Holdings Inc Stock Price Today?
The Lumentum Holdings Inc stock price today is 92.64.
What Is the Stock Symbol for Lumentum Holdings Inc?
The stock symbol for Lumentum Holdings Inc is "LITE."
What Stock Exchange Does Lumentum Holdings Inc Trade On?
Lumentum Holdings Inc is listed and trades on the NASDAQ stock exchange.
Is Lumentum Holdings Inc a Good Stock to Buy?
Determining whether Lumentum Holdings Inc—or any stock—is a good buy requires comprehensive analysis. To evaluate its potential, users can sign up to InvestingPro, where they can assess stock price fair value and other essential metrics.
You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the LITE quote. (ISIN: US55024U1097)
What Is the Lumentum Holdings Inc Stock Price Today?
The Lumentum Holdings Inc stock price today is 92.64.
What Is the Stock Symbol for Lumentum Holdings Inc?
The stock symbol for Lumentum Holdings Inc is "LITE."
What Stock Exchange Does Lumentum Holdings Inc Trade On?
Lumentum Holdings Inc is listed and trades on the NASDAQ stock exchange.
Is Lumentum Holdings Inc a Good Stock to Buy?
Determining whether Lumentum Holdings Inc—or any stock—is a good buy requires comprehensive analysis. To evaluate its potential, users can sign up to InvestingPro, where they can assess stock price fair value and other essential metrics.
You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the LITE quote. (ISIN: US55024U1097)
92.64
-2.26(-2.38%)
Closed
After Hours
92.43-0.21(-0.23%)
Fair Value
An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Day's Range
92.28
95.30
52 wk Range
38.28
95.92
LITE Scorecard
Full Analysis
15 analysts have revised their earnings upwards for the upcoming period
Fair Value
An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Day's Range
92.2895.30
52 wk Range
38.2895.92
Key Statistics
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Book Value / Share
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Dividends Payment Streak
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Company’s Health
Assesses a company's financial position by analysing its market value, financial ratios, industry benchmarks, and competitors.
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An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Unlock PriceFair Price
Upside
Technical Analysis
Strong Buy
Price Target
86.56
Downside
-6.56%
Members' Sentiments
Bearish
Bullish
ProTips
Tips that distill complex financial data into concise, actionable investment insights.
High return over the last year
Lumentum Holdings Inc Company Profile
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 over high-capacity fiber-optic cables. It offers high-speed transceivers, reconfigurable optical add/drop multiplexers, coherent dense wavelength division multiplexing pluggable transceivers, and tunable small form-factor pluggable transceivers. We also sell laser chips for use in high-speed datacom transceivers and data interconnection solutions. The Industrial Tech segment offers solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers, as well as laser diode products. It serves to customers in semiconductor device, solar cell, display, electric vehicle, and battery manufacturing markets, as well as broader materials processing and precision micromachining end-markets. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
Lumentum Holdings Inc SWOT Analysis
Optical Pivot | Lumentum's strategic shift towards cloud and networking markets reshapes its revenue mix, aiming for an 85%/15% split between cloud & networking and industrial tech. |
AI-Driven Growth | Explore Lumentum's expansion into AI and cloud markets, with projections of a 30% CAGR through 2028 for photonics in cloud data center applications. |
Financial Outlook | Analysts estimate EPS of $1.02 for FY1 and $1.31 for FY2, with price targets ranging from $40 to $62, reflecting varied views on Lumentum's potential. |
Market Challenges | Delve into Lumentum's navigation of telecom market headwinds and customer concentration risks as it pursues leadership in next-generation optical technologies. |
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Lumentum Holdings Inc Earnings Call Summary for Q3/2024
- Q4 earnings surpassed guidance; record Datacom chip orders; expanding data center customer base
- Targeting $500M quarterly revenue by end of 2025; investing in cloud and AI opportunities
- Focusing on optical switching and high-density links; scaling up production capacity
- Expects significant growth in 2026-2027, primarily in cloud business; product transition underway
- Challenges in industrial tech segment; stopped in-house ASIC development; $139.8M tax asset valuation allowance
Last Updated: 15/08/2024, 08:04 pm
Read Full TranscriptCompare LITE to Peers and Sector
Metrics to compare | LITE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLITEPeersSector | |
|---|---|---|---|---|
P/E Ratio | −11.3x | −1.3x | 11.1x | |
PEG Ratio | 0.06 | 0.00 | 0.01 | |
Price/Book | 7.1x | 1.3x | 2.4x | |
Price / LTM Sales | 4.6x | 0.8x | 2.1x | |
Upside (Analyst Target) | −3.1% | 97.4% | 19.9% | |
Fair Value Upside | Unlock | −7.5% | 3.7% | Unlock |
Analysts' Recommendations
9 Buy
5 Hold
2 Sell
Ratings:
16 analysts
Overall Consensus
Buy
Analysts 12-Month Price Target:
Average 86.56
(-6.56% Downside)
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FAQ
What Is the Lumentum Holdings Inc (LITE) Stock Price Today?
The Lumentum Holdings Inc stock price today is 92.64
What Stock Exchange Does Lumentum Holdings Inc Trade On?
Lumentum Holdings Inc is listed and trades on the NASDAQ stock exchange.
What Is the Stock Symbol for Lumentum Holdings Inc?
The stock symbol for Lumentum Holdings Inc is "LITE."
What Is the Lumentum Holdings Inc Market Cap?
As of today, Lumentum Holdings Inc market cap is 6.36B.
What is Lumentum Holdings Inc Earnings Per Share?
The Lumentum Holdings Inc EPS is -8.29.
What Is the Next Lumentum Holdings Inc Earnings Date?
Lumentum Holdings Inc will release its next earnings report on 05 Feb 2025.
From a Technical Analysis Perspective, Is LITE a Buy or Sell?
Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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