Northland Securities Forecasts Lumentum FY2027 Earnings

Lumentum Holdings Inc. (NASDAQ:LITE) – Investment analysts at Northland Securities issued their FY2027 earnings per share (EPS) estimates for Lumentum in a report released on Wednesday, February 4th. Northland Securities analyst T. Savageaux anticipates that the technology company will earn $10.69 per share for the year. The consensus estimate for Lumentum’s current full-year earnings is $0.03 per share.

A number of other equities research analysts have also recently weighed in on LITE. Wolfe Research restated an “outperform” rating and issued a $240.00 price target on shares of Lumentum in a research note on Wednesday, November 5th. Rosenblatt Securities upped their price objective on shares of Lumentum to $580.00 and gave the company a “buy” rating in a report on Wednesday. Wall Street Zen cut shares of Lumentum from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Mizuho upped their price target on shares of Lumentum to $525.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Stifel Nicolaus increased their price target on shares of Lumentum to $480.00 and gave the company a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $423.00.

Lumentum Stock Performance

NASDAQ LITE opened at $504.42 on Friday. The firm has a market capitalization of $35.76 billion, a P/E ratio of 154.73 and a beta of 1.51. The company has a current ratio of 0.61, a quick ratio of 1.02 and a debt-to-equity ratio of 0.06. The firm’s fifty day moving average price is $363.15 and its two-hundred day moving average price is $234.43. Lumentum has a 1 year low of $45.65 and a 1 year high of $507.55.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.26. The firm had revenue of $665.50 million for the quarter, compared to analyst estimates of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. The company’s revenue was up 65.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS.

Insider Buying and Selling at Lumentum

In other Lumentum news, SVP Jae Kim sold 1,367 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $234.14, for a total value of $320,069.38. Following the completion of the transaction, the senior vice president directly owned 38,570 shares in the company, valued at approximately $9,030,779.80. This represents a 3.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Yuen Wupen sold 822 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $258.96, for a total value of $212,865.12. Following the completion of the sale, the insider directly owned 95,077 shares of the company’s stock, valued at approximately $24,621,139.92. The trade was a 0.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,180 shares of company stock worth $4,551,380 in the last 90 days. Corporate insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. raised its stake in Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after buying an additional 254 shares during the period. NewEdge Advisors LLC raised its position in shares of Lumentum by 109.9% during the first quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company’s stock worth $747,000 after purchasing an additional 6,275 shares during the period. Empowered Funds LLC raised its position in shares of Lumentum by 9.1% during the first quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock worth $507,000 after purchasing an additional 680 shares during the period. Janney Montgomery Scott LLC grew its position in Lumentum by 14.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 19,538 shares of the technology company’s stock valued at $1,857,000 after purchasing an additional 2,409 shares during the period. Finally, KLP Kapitalforvaltning AS grew its position in Lumentum by 7.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 15,071 shares of the technology company’s stock valued at $1,433,000 after purchasing an additional 1,100 shares during the period. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Q2 results beat expectations — EPS and revenue topped estimates, revenue grew ~65% Y/Y and management issued Q3 guidance above Street forecasts, underpinning the rally. LITE Q2 earnings beat (Zacks)
• Positive Sentiment: Citigroup raised its price target to $560 and put a Buy rating on LITE, signaling further upside from analysts keyed to the strong quarter. Citigroup raises LITE PT to $560
• Positive Sentiment: Rosenblatt lifted its target to $580 (Buy), and Mizuho raised its target to $525 (Outperform) — multiple firms boosting targets reinforces bullish professional sentiment. Rosenblatt raises PT to $580 (Benzinga)
• Positive Sentiment: B. Riley and Zacks moved Lumentum toward stronger ratings (B. Riley upgrade; Zacks Rank #1 Strong Buy), adding conviction from sell‑side and quant shops. B. Riley upgrades LITE (MSN)
• Positive Sentiment: Institutional interest noted — Fidelity highlighted Lumentum in its Growth Strategies fund commentary, indicating buy-side recognition of LITE’s growth profile. Fidelity mentions LITE (InsiderMonkey)
• Neutral Sentiment: Bank of America raised its target to $520 but kept a Neutral rating — supportive but less bullish than some peers, reflecting varied analyst assumptions on sustainability of growth. BofA raises PT to $520 (Benzinga)
• Neutral Sentiment: Earnings call and transcripts are available for details on product mix, supply and AI-driven demand; read management commentary for signals on sustainability of the beat. Q2 2026 earnings call transcript (Seeking Alpha)
• Negative Sentiment: One shop (Stifel) set a $480 target — below current levels — which could cap upside if momentum stalls or guidance disappoints. Stifel sets PT $480 (TickerReport)
• Negative Sentiment: Some published targets remain well below the current price (e.g., an earlier $362.94 figure), illustrating dispersion in analyst views and the risk of volatile reactions to any downside surprises. Price target $362.94 (MSN)

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.