Lumentum (NASDAQ:LITE) Updates Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 0.400-0.420 for the period, compared to the consensus EPS estimate of 0.350. The company issued revenue guidance of $402.0 million-$402.0 million, compared to the consensus revenue estimate of $389.3 million.

Analyst Upgrades and Downgrades

Several brokerages recently commented on LITE. Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 price target on shares of Lumentum in a research report on Thursday, January 9th. Rosenblatt Securities lifted their target price on Lumentum from $69.00 to $110.00 and gave the company a “buy” rating in a report on Friday, November 8th. Morgan Stanley dropped their price target 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. Susquehanna boosted their target price on Lumentum from $80.00 to $115.00 and gave the stock a “positive” rating in a report on Friday, November 8th. Finally, Barclays upgraded shares of Lumentum from an “underweight” rating to an “overweight” rating and raised their price target for the company from $80.00 to $125.00 in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $81.77.

Lumentum Stock Up 3.3 %

NASDAQ LITE traded up $2.82 on Wednesday, hitting $89.15. 1,389,427 shares of the stock traded hands, compared to its average volume of 2,083,659. The company has a market capitalization of $6.12 billion, a P/E ratio of -10.74 and a beta of 0.94. The stock has a 50-day moving average of $87.41 and a 200 day moving average of $71.00. The company has a current ratio of 5.36, a quick ratio of 4.04 and a debt-to-equity ratio of 2.87. Lumentum has a twelve month low of $38.28 and a twelve month high of $104.00.

Lumentum (NASDAQ:LITE) last announced its quarterly earnings results on Thursday, November 7th. The technology company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.48). The company had revenue of $336.90 million for the quarter, compared to analyst estimates of $326.94 million. Lumentum had a negative return on equity of 6.79% and a negative net margin of 40.70%. During the same quarter in the previous year, the company posted ($0.10) earnings per share. As a group, analysts expect that Lumentum will post -0.02 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Harold L. Covert sold 15,000 shares of the business’s 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 owns 8,761 shares in the company, valued at $763,696.37. The trade was a 63.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Julia Suzanne Johnson sold 2,058 shares of Lumentum stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $85.82, for a total transaction of $176,617.56. Following the transaction, the director now owns 23,287 shares in the company, valued at approximately $1,998,490.34. The trade was a 8.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 101,797 shares of company stock worth $8,881,428. 0.19% of the stock is owned by company insiders.

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.