Lumentum (NASDAQ:LITE) Updates Q3 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.470-0.530 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $410.0 million-$425.0 million, compared to the consensus revenue estimate of $413.8 million.

Analysts Set New Price Targets

Several research firms recently commented on LITE. Morgan Stanley lowered their target price on Lumentum from $83.00 to $81.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Barclays upgraded shares of Lumentum from an “underweight” rating to an “overweight” rating and upped their target price for the stock from $80.00 to $125.00 in a research note on Friday, January 17th. B. Riley boosted their price target on shares of Lumentum from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday. Susquehanna raised their price objective on shares of Lumentum from $80.00 to $115.00 and gave the company a “positive” rating in a report on Friday, November 8th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $110.00 target price on shares of Lumentum in a research note on Friday. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lumentum has a consensus rating of “Hold” and a consensus price target of $88.07.

Lumentum Stock Down 7.3 %

Shares of Lumentum stock traded down $6.77 during trading on Friday, reaching $85.90. The company had a trading volume of 6,389,714 shares, compared to its average volume of 2,364,608. The company has a market cap of $5.90 billion, a price-to-earnings ratio of -11.17 and a beta of 0.94. Lumentum has a fifty-two week low of $38.28 and a fifty-two week high of $104.00. The firm’s fifty day moving average is $87.68 and its 200-day moving average is $71.49. The company has a debt-to-equity ratio of 2.87, a quick ratio of 4.04 and a current ratio of 5.36.

Lumentum (NASDAQ:LITE) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.41). Lumentum had a negative return on equity of 7.00% and a negative net margin of 36.98%. On average, analysts anticipate that Lumentum will post -0.04 EPS for the current year.

Insider Activity

In related news, insider Vincent Retort sold 41,710 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $89.52, for a total value of $3,733,879.20. Following the sale, the insider now directly owns 147,515 shares in the company, valued at $13,205,542.80. The trade was a 22.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Harold L. Covert sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $87.17, for a total transaction of $1,307,550.00. Following the sale, the director now directly owns 8,761 shares of the company’s stock, valued at approximately $763,696.37. This represents a 63.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 101,797 shares of company stock worth $8,881,428 over the last three months. Corporate insiders own 0.19% of the company’s stock.

Lumentum 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: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.