
Lumentum Holdings (LITE) Stock Forecast & Price Target
Lumentum Holdings (LITE) Analyst Ratings
Bulls say
Lumentum Holdings Inc. demonstrated a robust financial performance with an operating margin of 25.2%, reflecting significant quarter-over-quarter and year-over-year improvements while maintaining investment in cloud and AI research and development. The company is expected to achieve a gross margin of over 45% in the upcoming quarter, driven by effective pricing strategies and the high-performance mix of 200G EMLs, indicating strong market demand and operational efficiency. Additionally, Lumentum's guidance for third-quarter revenues, projected to increase by approximately $140 million sequentially, underscores the anticipated growth driven primarily by its Components segment, positioning the company favorably for continued revenue growth in the foreseeable future.
Bears say
Lumentum Holdings has faced significant challenges including revenue shortfalls and decreasing gross margins in certain product lines, largely attributed to ongoing supply chain issues and macroeconomic factors. The company's reliance on a limited customer base increases its vulnerability to market share loss and price erosion, compounded by a slowdown in demand for its 3D sensing applications. Additionally, ongoing constraints in chip production and potential shortages of components pose substantial risks to Lumentum’s financial forecasts and overall stability.
This aggregate rating is based on analysts' research of Lumentum Holdings and is not a guaranteed prediction by Public.com or investment advice.
Lumentum Holdings (LITE) Analyst Forecast & Price Prediction
Start investing in Lumentum Holdings (LITE)
Order type
Buy in
Order amount
Est. shares
0 shares