Research Analysts Set Expectations for Lumentum Q1 Earnings

Lumentum Holdings Inc. (NASDAQ:LITE) – Research analysts at Northland Securities boosted their Q1 2027 earnings per share estimates for Lumentum in a research note issued to investors on Wednesday, May 6th. Northland Securities analyst T. Savageaux now expects that the technology company will post earnings per share of $3.02 for the quarter, up from their previous estimate of $2.74. The consensus estimate for Lumentum’s current full-year earnings is $5.95 per share. Northland Securities also issued estimates for Lumentum’s Q2 2027 earnings at $3.73 EPS, Q3 2027 earnings at $4.02 EPS, Q4 2027 earnings at $4.23 EPS and FY2027 earnings at $14.97 EPS.

Lumentum (NASDAQ:LITE) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.10. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The company had revenue of $808.40 million during the quarter, compared to the consensus estimate of $810.21 million. During the same quarter last year, the business posted $0.57 earnings per share. Lumentum’s revenue was up 90.1% compared to the same quarter last year. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS.

Other analysts have also issued reports about the company. TD Cowen raised their price target on Lumentum from $875.00 to $995.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. B. Riley Financial reissued a “buy” rating on shares of Lumentum in a research note on Friday, May 1st. Morgan Stanley raised their price target on Lumentum from $710.00 to $900.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Loop Capital raised their price target on Lumentum from $900.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Citigroup raised their price target on Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,012.43.

Lumentum Stock Performance

NASDAQ LITE opened at $1,053.09 on Tuesday. The business’s 50-day moving average price is $787.25 and its 200 day moving average price is $514.43. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01. Lumentum has a twelve month low of $69.26 and a twelve month high of $1,073.33. The company has a market capitalization of $81.93 billion, a PE ratio of 195.02 and a beta of 1.53.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sachetta LLC lifted its stake in shares of Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock worth $25,000 after purchasing an additional 19 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of Lumentum during the first quarter worth about $25,000. Abel Hall LLC lifted its stake in shares of Lumentum by 5.5% during the first quarter. Abel Hall LLC now owns 693 shares of the technology company’s stock worth $487,000 after purchasing an additional 36 shares in the last quarter. Checchi Capital Advisers LLC lifted its stake in shares of Lumentum by 5.1% during the first quarter. Checchi Capital Advisers LLC now owns 790 shares of the technology company’s stock worth $555,000 after purchasing an additional 38 shares in the last quarter. Finally, 180 Wealth Advisors LLC lifted its stake in shares of Lumentum by 2.9% during the first quarter. 180 Wealth Advisors LLC now owns 1,553 shares of the technology company’s stock worth $1,092,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.

Insider Transactions at Lumentum

In related news, insider Yuen Wupen sold 3,157 shares of Lumentum stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total value of $1,698,466.00. Following the transaction, the insider owned 88,439 shares in the company, valued at approximately $47,580,182. This trade represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Vincent Retort sold 45,026 shares of Lumentum stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $591.32, for a total value of $26,624,774.32. Following the completion of the transaction, the insider owned 102,455 shares in the company, valued at $60,583,690.60. The trade was a 30.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,926 shares of company stock worth $36,254,801 over the last ninety days. 0.43% of the stock is owned by insiders.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum was added to the Nasdaq-100, a major milestone that can drive passive fund buying and increased investor interest. Lumentum Joins the Nasdaq-100 Index®, Achieving New Milestone in Global Growth
• Positive Sentiment: Citic Securities lifted its price target to $1,186, reinforcing the view that the stock still has room to run after its strong rally. MarketScreener
• Positive Sentiment: Recent commentary points to Lumentum’s role in AI data-center connectivity, with strong demand for optical components and capacity reportedly filling into 2028. Lumentum: Nvidia Doesn’t Write $2 Billion Checks For Fun
• Positive Sentiment: Investors are also reacting to strong fundamentals: Q3 revenue rose 90% year over year to $808 million, margins improved, and guidance came in above consensus. Lumentum: Nvidia Doesn’t Write $2 Billion Checks For Fun
• Neutral Sentiment: Articles across financial media highlighted Lumentum as one of the biggest movers in the optical-networking group, reflecting strong sector momentum rather than a new company announcement. Lumentum Stock Soars as AI Optical Networking Rally Resumes
• Negative Sentiment: No major negative company-specific developments were reported in the provided articles; the main risk is that the stock has already had a very large run and may be vulnerable to valuation-based pullbacks. A Look At Lumentum Holdings (LITE) Valuation After Its Strong Recent Share Price Run

Lumentum Company Profile

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.