LUMENTUM HOLDINGS INC

NASDAQ: LITE (Lumentum Holdings Inc.)

Last update: 25 Aug, 7:02AM

59.17

3.58 (6.44%)

Market Trend

Short Term Medium Term
Industry Communication Equipment (US) Mixed Mixed
Communication Equipment (Global) Mixed Mixed
Stock Lumentum Holdings Inc. Bullish Bullish

Stockmoo Score

0.3

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Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.

Sector Technology
Industry Communication Equipment
Investment Style Small Growth
52 Weeks Range
35.35 (-40%) — 60.99 (3%)
Price Target Range
40.00 (-32%) — 70.00 (18%)
High 70.00 (Craig-Hallum, 18.30%) Buy
70.00 (Needham, 18.30%) Buy
70.00 (Susquehanna, 18.30%) Buy
Median 65.00 (9.85%)
Low 40.00 (Barclays, -32.40%) Sell
Average 58.91 (-0.44%)
Total 6 Buy, 3 Hold, 2 Sell
Avg. Price @ Call 52.04
Firm Date Target Price Call Price @ Call
Northland Capital Markets 16 Aug 2024 45.00 (-23.95%) Hold 51.98
B of A Securities 15 Aug 2024 50.00 (-15.50%) Sell 52.26
B. Riley Securities 15 Aug 2024 50.00 (-15.50%) Hold 52.26
Barclays 15 Aug 2024 40.00 (-32.40%) Sell 52.26
Craig-Hallum 15 Aug 2024 70.00 (18.30%) Buy 52.26
Jefferies 15 Aug 2024 65.00 (9.85%) Buy 52.26
Morgan Stanley 15 Aug 2024 54.00 (-8.74%) Hold 52.26
Needham 15 Aug 2024 70.00 (18.30%) Buy 52.26
Rosenblatt 15 Aug 2024 69.00 (16.61%) Buy 52.26
JP Morgan 12 Aug 2024 65.00 (9.85%) Buy 44.94
Susquehanna 17 Jul 2024 70.00 (18.30%) Buy 57.41
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The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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