
Lumentum Holdings (LITE) Stock Forecast & Price Target
Lumentum Holdings (LITE) Analyst Ratings
Bulls say
Lumentum Holdings Inc. is expected to demonstrate improved financial performance, with positive momentum in revenue, margins, income, and cash flow as its major segments gain traction. The company is enhancing transceiver margins through more efficient manufacturing practices and is witnessing significant growth in the ROADM market due to a shift in spending towards Metro-Core infrastructure, supported by its dominant market position. Additionally, Lumentum is poised for robust demand growth driven by advancements in optical technologies and an expansion of its production capacity, which is anticipated to meet increasing customer forecasts despite current demand outpacing supply capabilities.
Bears say
Lumentum Holdings Inc. has reported a significant decline in revenue from its 3D sensing sector, dropping to $100 million, which poses challenges given the reliance on this segment amidst growing competition in alternative 3D applications. The company has faced persistent shortfalls in revenues and gross margins due to ongoing supply chain issues, which have negatively impacted its financial performance, particularly in the Optical Communications segment. Furthermore, weaker-than-expected demand for iPhone 3D sensing technology raises concerns about future revenue growth, compounded by negative industry developments that may hinder Lumentum's long-term competitiveness.
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
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