Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
IPO Year:
Exchange: NASDAQ
Website: lumentum.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/7/2025 | Market Perform → Outperform | Northland Capital | |
| 3/24/2025 | $96.00 → $82.00 | Outperform → Strong Buy | Raymond James |
| 3/11/2025 | $92.00 | Neutral → Outperform | Exane BNP Paribas |
| 2/21/2025 | Buy | Jefferies | |
| 1/17/2025 | $80.00 → $125.00 | Underweight → Overweight | Barclays |
| 8/15/2024 | $65.00 → $70.00 | Buy | Needham |
| 12/22/2023 | Hold → Buy | Craig Hallum | |
| 8/18/2023 | $67.00 → $62.00 | Neutral → Buy | Rosenblatt |
| 7/18/2023 | $50.00 | Neutral → Underperform | BofA Securities |
| 7/5/2023 | $40.00 → $42.00 | Equal Weight → Underweight | Barclays |
Northland Capital upgraded Lumentum from Market Perform to Outperform
Raymond James upgraded Lumentum from Outperform to Strong Buy and set a new price target of $82.00 from $96.00 previously
Exane BNP Paribas upgraded Lumentum from Neutral to Outperform and set a new price target of $92.00
Jefferies resumed coverage of Lumentum with a rating of Buy
Barclays upgraded Lumentum from Underweight to Overweight and set a new price target of $125.00 from $80.00 previously
Needham reiterated coverage of Lumentum with a rating of Buy and set a new price target of $70.00 from $65.00 previously
Craig Hallum upgraded Lumentum from Hold to Buy
Rosenblatt upgraded Lumentum from Neutral to Buy and set a new price target of $62.00 from $67.00 previously
BofA Securities downgraded Lumentum from Neutral to Underperform and set a new price target of $50.00
Barclays downgraded Lumentum from Equal Weight to Underweight and set a new price target of $42.00 from $40.00 previously