LumentumLITE
LITE
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
19% more capital invested
Capital invested by funds: $3.9B [Q2] → $4.62B (+$724M) [Q3]
13% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 62
1% more funds holding
Funds holding: 377 [Q2] → 381 (+4) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
6.14% less ownership
Funds ownership: 113.31% [Q2] → 107.18% (-6.14%) [Q3]
26% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 136
31% less call options, than puts
Call options by funds: $91.7M | Put options by funds: $133M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
36%
downside
Avg. target
$100
6%
upside
High target
$125
32%
upside
7 analyst ratings
5 positive
71%
2 neutral
29%
0 negative
0%
Barclays Tom O'Malley 40% 1-year accuracy 18 / 45 met price target | 32%upside $125 | Overweight Upgraded | 17 Jan 2025 |
Needham Ryan Koontz 74% 1-year accuracy 68 / 92 met price target | 17%upside $110 | Buy Reiterated | 9 Jan 2025 |
Morgan Stanley Meta Marshall 80% 1-year accuracy 20 / 25 met price target | 12%downside $83 | Equal-Weight Maintained | 17 Dec 2024 |
Rosenblatt Mike Genovese 81% 1-year accuracy 29 / 36 met price target | 17%upside $110 | Buy Maintained | 8 Nov 2024 |
Northland Capital Markets Tim Savageaux 62% 1-year accuracy 16 / 26 met price target | 36%downside $60 | Market Perform Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 5 articles about LITE published over the past 30 days
Positive
The Motley Fool
2 days ago
These 2 Artificial Intelligence (AI) Stocks Are Outpacing Nvidia's, and They Can Still Soar Higher
Nvidia stock has been one of the biggest winners of the artificial intelligence (AI) revolution in the past couple of years, clocking remarkable gains of nearly 800% over the past two years on account of the red-hot demand for its data center graphics cards, but the past three months have been difficult for the chipmaker.
Positive
Seeking Alpha
4 days ago
Lumentum Holdings: Growth Should Remain Robust Due To Cloud And AI Growth
I reiterate my buy rating for Lumentum Holdings due to its strong growth potential. LITE's direct relationships with hyperscalers enhance collaboration and customization, providing a competitive advantage and revenue visibility. Recent design wins with Tier-1 hyperscalers validate LITE's product capabilities.
Positive
Investors Business Daily
1 week ago
On The Hunt For Magnificent Earnings Growth? Check These 7 Stocks.
None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
Neutral
Business Wire
1 week ago
Lumentum Earns Equality 100 Award in Human Rights Campaign Foundation's 2025 Corporate Equality Index
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, announced today that it has received a perfect score of 100 on the Human Rights Campaign Foundation's (HRCF) 2025 Corporate Equality Index, the nation's foremost benchmarking survey and report, measuring corporate policies and practices related to LGBTQ+ workplace equality. Lumentum joins.
Positive
The Motley Fool
2 weeks ago
This Magnificent Artificial Intelligence (AI) Stock Has Shot Up 84% in Just Over 4 Months, and It Could Soar Higher in 2025 and 2026
Lumentum Holdings (LITE 0.13%) may not be a household name among investors, but a closer look at its stock price chart for the past four and a half months will tell us that it has been on a tearing run on the market.
Positive
Seeking Alpha
1 month ago
Lumentum: Glowing Path Ahead
Lumentum's consensus growth outlook is significantly higher than its past historical growth rate. We believe the company has a strong competitive position in the VCSEL market while being exposed to high growth opportunities in the Optical Transceiver market. In terms of geography, the company's US segment has been growing the fastest with a 13.9% average growth rate and remains the company's largest market.
Neutral
Business Wire
1 month ago
Lumentum Appoints New Board Member
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent.
Positive
Investors Business Daily
1 month ago
Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks.
None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
Neutral
Business Wire
2 months ago
Lumentum TrueFlex® WSS Wins 2024 Pipeline Award for Innovation in Network Technology
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today that its TrueFlex® Contentionless Twin 16x24 Wavelength Selective Switch (WSS) has won the 2024 Pipeline Innovation Award for Innovation in Network Technology. Lumentum also earned runner-up honors in the categories of Innovation in Network Transformation and Innovation in Network Management. The TrueFlex Contentionless T.
Neutral
Business Wire
2 months ago
Lumentum Announces Upcoming Investor Events
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events: Event: Needham & Company Virtual Tech Week Date: Tuesday, November 19, 2024 Presentation Times: 11:00 a.m. – 3:00 p.m. Eastern Time Event: 2024 UBS Global Technology and AI Conference, Scottsdale, AZ Date: Tuesday, December 3, 2024 Webcast Link: https://url.us.m.mimecastprotect.com/s/bKCmCER7G6SROLGQUNfvH74.
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