Lumentum (LITE) Stock Forecast, Price Target & Predictions
LITE Stock Forecast
Lumentum stock forecast is as follows: an average price target of $74.60 (represents a -9.54% downside from LITE’s last price of $82.47) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
LITE Price Target
LITE Analyst Ratings
Buy
Lumentum Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 15, 2024 | Richard Shannon | Craig-Hallum | $70.00 | $52.15 | 34.23% | -15.12% |
Aug 15, 2024 | Dave Kang | B.Riley Financial | $50.00 | $52.30 | -4.40% | -39.37% |
Aug 15, 2024 | Meta Marshall | Morgan Stanley | $54.00 | $45.53 | 18.60% | -34.52% |
Aug 15, 2024 | Mike Genovese | Rosenblatt Securities | $69.00 | $52.18 | 32.23% | -16.33% |
Aug 15, 2024 | Alex Henderson | Needham | $70.00 | $52.26 | 33.95% | -15.12% |
Aug 15, 2024 | Vivek Arya | Bank of America Securities | $50.00 | $52.17 | -4.16% | -39.37% |
Aug 15, 2024 | Tom O'Malley | Barclays | $40.00 | $45.53 | -12.15% | -51.50% |
Jul 17, 2024 | Christopher Rolland | Susquehanna | $70.00 | $59.09 | 18.46% | -15.12% |
May 07, 2024 | Ananda Baruah | Loop Capital Markets | $80.00 | $44.11 | 81.36% | -3.00% |
May 07, 2024 | Tom O'Malley | Barclays | $38.00 | $44.11 | -13.85% | -53.92% |
10
Lumentum Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 11 |
Avg Price Target | - | - | $58.27 |
Last Closing Price | $82.47 | $82.47 | $82.47 |
Upside/Downside | -100.00% | -100.00% | -29.34% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 21, 2024 | Susquehanna | Positive | Positive | Hold |
Oct 04, 2024 | Raymond James | Outperform | Outperform | Hold |
Aug 15, 2024 | Craig-Hallum | Buy | Buy | Hold |
Aug 15, 2024 | B. Riley Securities | Neutral | Neutral | Hold |
Aug 15, 2024 | Needham | Buy | Buy | Hold |
Aug 15, 2024 | B. Riley | Neutral | Neutral | Hold |
Aug 15, 2024 | Goldman Sachs | Buy | Buy | Hold |
Aug 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Aug 15, 2024 | Wells Fargo | - | Equal-Weight | Downgrade |
Aug 15, 2024 | Citigroup | Buy | Buy | Hold |
10
Lumentum Financial Forecast
Lumentum Revenue Forecast
Quarter
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $366.80M | $317.60M | $370.80M | $383.40M | $506.00M | $506.80M | $422.10M | $395.40M | - | $448.40M | $392.10M | $419.50M | $478.80M | $452.40M | $368.10M | $402.80M |
Avg Forecast | $616.83M | $591.87M | $532.87M | $530.62M | $540.31M | $513.67M | $506.90M | $483.74M | $451.37M | $412.55M | $388.86M | $325.04M | $301.36M | $364.65M | $363.34M | $312.99M | $366.25M | $390.90M | $507.14M | $503.61M | $417.97M | $390.20M | $445.57M | $439.53M | $383.04M | $433.40M | $481.08M | $441.30M | $349.73M | $408.50M |
High Forecast | $639.97M | $614.07M | $552.86M | $550.52M | $560.57M | $532.94M | $525.92M | $501.89M | $468.30M | $439.50M | $390.07M | $337.24M | $301.36M | $364.65M | $366.48M | $316.35M | $379.99M | $405.56M | $526.16M | $503.61M | $417.97M | $390.20M | $445.57M | $439.53M | $383.04M | $433.40M | $481.08M | $441.30M | $349.73M | $408.50M |
Low Forecast | $599.46M | $575.21M | $517.87M | $515.68M | $525.09M | $499.21M | $492.63M | $470.12M | $438.66M | $397.46M | $387.18M | $315.89M | $301.36M | $364.65M | $358.00M | $309.94M | $355.94M | $379.89M | $492.86M | $503.61M | $417.97M | $390.20M | $445.57M | $439.53M | $383.04M | $433.40M | $481.08M | $441.30M | $349.73M | $408.50M |
# Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 10 | 10 | 7 | 3 | 3 | 7 | 14 | 11 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 7 | 12 | 12 | 10 | 10 | 10 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.01% | 0.98% | 1.00% | 1.01% | 1.01% | 1.01% | - | 1.02% | 1.02% | 0.97% | 1.00% | 1.03% | 1.05% | 0.99% |
Forecast
Lumentum EBITDA Forecast
Quarter
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 10 | 10 | 7 | 3 | 3 | 7 | 14 | 11 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 7 | 12 | 12 | 10 | 10 | 10 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-105.20M | $-80.80M | $-55.90M | $-38.40M | $-4.30M | $84.30M | $63.60M | $89.40M | - | $158.30M | $89.60M | $314.10M | $159.10M | $144.10M | $77.20M | $111.70M |
Avg Forecast | $117.25M | $112.51M | $101.29M | $100.86M | $102.70M | $97.64M | $96.36M | $91.95M | $85.80M | $78.42M | $73.92M | $61.79M | $57.28M | $69.31M | $69.07M | $59.50M | $69.62M | $380.06M | $139.34M | $44.32M | $36.79M | $345.51M | $39.22M | $38.68M | $33.71M | $314.10M | $42.34M | $38.84M | $30.78M | $89.36M |
High Forecast | $121.65M | $116.73M | $105.09M | $104.65M | $106.56M | $101.30M | $99.97M | $95.40M | $89.02M | $83.54M | $74.15M | $64.10M | $57.28M | $69.31M | $69.66M | $60.13M | $72.23M | $456.07M | $167.21M | $44.32M | $36.79M | $414.61M | $39.22M | $38.68M | $33.71M | $376.92M | $42.34M | $38.84M | $30.78M | $107.23M |
Low Forecast | $113.95M | $109.34M | $98.44M | $98.02M | $99.81M | $94.89M | $93.64M | $89.36M | $83.38M | $75.55M | $73.60M | $60.05M | $57.28M | $69.31M | $68.05M | $58.92M | $67.66M | $304.05M | $111.47M | $44.32M | $36.79M | $276.41M | $39.22M | $38.68M | $33.71M | $251.28M | $42.34M | $38.84M | $30.78M | $71.49M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.52% | -1.36% | -0.80% | -0.10% | -0.03% | 1.90% | 1.73% | 0.26% | - | 4.09% | 2.66% | 1.00% | 3.76% | 3.71% | 2.51% | 1.25% |
Forecast
Lumentum Net Income Forecast
Quarter
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 10 | 10 | 7 | 3 | 3 | 7 | 14 | 11 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 7 | 12 | 12 | 10 | 10 | 10 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-99.10M | $-67.90M | $-60.20M | $-39.30M | $-31.70M | $-400.00K | $34.70M | $26.00M | - | $81.50M | $21.50M | $225.50M | $83.20M | $67.10M | $-4.60M | $43.40M |
Avg Forecast | $94.49M | $87.00M | $75.77M | $76.80M | $72.95M | $64.34M | $62.45M | $54.39M | $42.59M | $28.40M | $23.84M | $8.30M | $1.68M | $300.14M | $20.85M | $18.72M | $37.91M | $272.86M | $61.58M | $105.76M | $90.03M | $248.05M | $107.00M | $104.94M | $71.62M | $225.50M | $129.71M | $99.62M | $56.06M | $34.72M |
High Forecast | $99.10M | $91.24M | $79.46M | $80.55M | $76.51M | $67.48M | $65.49M | $57.04M | $44.67M | $33.62M | $27.81M | $8.70M | $1.70M | $360.17M | $26.23M | $22.19M | $39.76M | $327.43M | $73.90M | $105.76M | $90.03M | $297.66M | $107.00M | $104.94M | $73.14M | $270.60M | $129.71M | $99.62M | $56.06M | $41.66M |
Low Forecast | $91.03M | $83.81M | $73.00M | $73.99M | $70.28M | $61.99M | $60.16M | $52.39M | $41.03M | $23.18M | $20.66M | $7.99M | $1.67M | $240.11M | $18.83M | $15.26M | $36.52M | $218.28M | $49.26M | $105.76M | $90.03M | $198.44M | $107.00M | $104.94M | $70.09M | $180.40M | $129.71M | $99.62M | $56.06M | $27.78M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.75% | -3.63% | -1.59% | -0.14% | -0.51% | -0.00% | 0.39% | 0.10% | - | 0.78% | 0.30% | 1.00% | 0.64% | 0.67% | -0.08% | 1.25% |
Forecast
Lumentum SG&A Forecast
Quarter
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 10 | 10 | 7 | 3 | 3 | 7 | 14 | 11 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 7 | 12 | 12 | 10 | 10 | 10 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $85.10M | $73.00M | $68.30M | $76.40M | $98.40M | $105.70M | $69.60M | $63.80M | - | $63.30M | $58.30M | $65.50M | $61.30M | $56.30M | $54.80M | $61.30M |
Avg Forecast | $106.07M | $101.77M | $91.63M | $91.24M | $92.91M | $88.33M | $87.16M | $83.18M | $77.61M | $70.94M | $66.87M | $55.89M | $51.82M | $87.18M | $62.48M | $53.82M | $62.98M | $79.25M | $74.94M | $81.05M | $67.27M | $72.05M | $71.71M | $70.74M | $61.65M | $65.50M | $77.43M | $71.03M | $56.29M | $53.20M |
High Forecast | $110.04M | $105.59M | $95.07M | $94.66M | $96.39M | $91.64M | $90.43M | $86.30M | $80.53M | $75.57M | $67.07M | $57.99M | $51.82M | $104.62M | $63.02M | $54.40M | $65.34M | $95.11M | $89.93M | $81.05M | $67.27M | $86.46M | $71.71M | $70.74M | $61.65M | $78.60M | $77.43M | $71.03M | $56.29M | $63.84M |
Low Forecast | $103.08M | $98.91M | $89.05M | $88.67M | $90.29M | $85.84M | $84.71M | $80.84M | $75.43M | $68.34M | $66.58M | $54.32M | $51.82M | $69.74M | $61.56M | $53.29M | $61.20M | $63.40M | $59.95M | $81.05M | $67.27M | $57.64M | $71.71M | $70.74M | $61.65M | $52.40M | $77.43M | $71.03M | $56.29M | $42.56M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.36% | 1.36% | 1.08% | 0.96% | 1.31% | 1.30% | 1.03% | 0.89% | - | 0.89% | 0.95% | 1.00% | 0.79% | 0.79% | 0.97% | 1.15% |
Forecast
Lumentum EPS Forecast
Quarter
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 10 | 10 | 7 | 3 | 3 | 7 | 14 | 11 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 7 | 12 | 12 | 10 | 10 | 10 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.47 | $-1.02 | $-0.88 | $-0.57 | $-0.46 | $-0.01 | $0.50 | $0.37 | - | $1.12 | $0.29 | $2.97 | $1.10 | $0.89 | $-0.06 | $0.58 |
Avg Forecast | $1.38 | $1.27 | $1.11 | $1.12 | $1.07 | $0.94 | $0.91 | $0.80 | $0.62 | $0.42 | $0.35 | $0.12 | $0.02 | $0.26 | $0.31 | $0.27 | $0.56 | $0.78 | $1.33 | $1.56 | $1.33 | $1.12 | $1.58 | $1.55 | $1.06 | $1.40 | $1.91 | $1.47 | $0.83 | $1.05 |
High Forecast | $1.45 | $1.34 | $1.16 | $1.18 | $1.12 | $0.99 | $0.96 | $0.84 | $0.65 | $0.49 | $0.41 | $0.13 | $0.02 | $0.26 | $0.38 | $0.32 | $0.58 | $0.82 | $1.39 | $1.56 | $1.33 | $1.12 | $1.58 | $1.55 | $1.08 | $1.40 | $1.91 | $1.47 | $0.83 | $1.05 |
Low Forecast | $1.33 | $1.23 | $1.07 | $1.08 | $1.03 | $0.91 | $0.88 | $0.77 | $0.60 | $0.34 | $0.30 | $0.12 | $0.02 | $0.26 | $0.28 | $0.22 | $0.53 | $0.75 | $1.28 | $1.56 | $1.33 | $1.12 | $1.58 | $1.55 | $1.03 | $1.40 | $1.91 | $1.47 | $0.83 | $1.05 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.82% | -3.72% | -1.59% | -0.73% | -0.35% | -0.00% | 0.38% | 0.33% | - | 0.72% | 0.27% | 2.13% | 0.57% | 0.61% | -0.07% | 0.55% |
Forecast
Lumentum Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
KVHI | KVH Industries | $5.18 | $13.00 | 150.97% | Buy |
ADTN | ADTRAN | $7.73 | $17.00 | 119.92% | Buy |
CLFD | Clearfield | $29.18 | $59.60 | 104.25% | Buy |
TSAT | Telesat | $11.03 | $20.00 | 81.32% | - |
GILT | Gilat Satellite Networks | $5.27 | $7.00 | 32.83% | Buy |
EXTR | Extreme Networks | $15.43 | $20.00 | 29.62% | Buy |
INFN | Infinera | $6.61 | $6.67 | 0.91% | Hold |
JNPR | Juniper Networks | $35.66 | $35.74 | 0.22% | Buy |
CIEN | Ciena | $66.48 | $65.74 | -1.11% | Buy |
HPE | Hewlett Packard Enterprise Company | $21.18 | $20.82 | -1.70% | Buy |
NTGR | NETGEAR | $24.10 | $22.00 | -8.71% | Buy |
LITE | Lumentum | $82.47 | $74.60 | -9.54% | Buy |
MSI | Motorola Solutions | $492.60 | $344.83 | -30.00% | Buy |