Craig Hallum upgraded Lumentum from Hold to Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 5/10/2023 | $55.00 → $40.00 | Overweight → Equal Weight | Barclays |
| 4/17/2023 | $54.00 → $60.00 | Neutral → Overweight | JP Morgan |
SC 13G/A - Lumentum Holdings Inc. (0001633978) (Subject)
SC 13G/A - Lumentum Holdings Inc. (0001633978) (Subject)
SC 13G/A - Lumentum Holdings Inc. (0001633978) (Subject)
4 - Lumentum Holdings Inc. (0001633978) (Issuer)
4 - Lumentum Holdings Inc. (0001633978) (Issuer)
4 - Lumentum Holdings Inc. (0001633978) (Issuer)
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
144 - Lumentum Holdings Inc. (0001633978) (Subject)
SCHEDULE 13G/A - Lumentum Holdings Inc. (0001633978) (Subject)
SCHEDULE 13G - Lumentum Holdings Inc. (0001633978) (Subject)
Net revenue of $402.2 million GAAP gross margin of 24.8%; Non-GAAP gross margin of 32.3% GAAP operating loss of 12.8%; Non-GAAP operating margin of 7.9% GAAP diluted net loss per share of $0.88; Non-GAAP diluted net income per share of $0.42 Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter ended December 28, 2024. "In the second quarter, we exceeded the high end of our guidance ranges for both revenue and earnings per share, driven by strong demand in the cloud end market. This is an exciting time for Lumentum as we position ourselves to capitalize on expanding cloud opportunities and the recovery of the broader network
Michael Hurlston Appointed President and CEO Alan Lowe to Retire as President and CEO Provides Preliminary Fiscal Second Quarter 2025 Results Lumentum Holdings Inc. ("Lumentum" or the "Company"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that Michael Hurlston has been appointed President and Chief Executive Officer and as a Director of the Company, effective February 7. Hurlston succeeds Alan Lowe, who has served as the Company's President and CEO since 2015. Lowe will continue to serve on Lumentum's Board of Directors and as an advisor to the Company. Hurlston is a pr
Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2025 financial results on Thursday, February 6, 2025, after the market closes. Lumentum will hold a conference call the same day at 2:00 p.m. PT/5:00 p.m. ET. A live webcast of the call and the replay will be available in the Investors section of the Lumentum website at http://investor.lumentum.com. To participate via telephone: Dial-In: (833) 470-1428 or (404) 975-4839 Conference ID: 360050 The Company recommends participants dial in at least 10 minutes before the scheduled start to minimize potential delays in joining the call. Lumentum also encourages those who plan to dial into the
Lumentum Holdings Inc. ("Lumentum" or the "Company"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that on February 7, 2025, it granted to Michael Hurlston, Lumentum's recently appointed President and Chief Executive Officer, the following equity awards: (i) restricted stock units ("RSUs") covering 103,684 shares of Lumentum's common stock that will vest as to 1/3 of the award on the one year anniversary of the grant date and as to the remaining 2/3 of the award in substantially equal quarterly installments over the subsequent eight calendar quarters, subject to Mr. Hurlston rema
Net revenue of $402.2 million GAAP gross margin of 24.8%; Non-GAAP gross margin of 32.3% GAAP operating loss of 12.8%; Non-GAAP operating margin of 7.9% GAAP diluted net loss per share of $0.88; Non-GAAP diluted net income per share of $0.42 Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter ended December 28, 2024. "In the second quarter, we exceeded the high end of our guidance ranges for both revenue and earnings per share, driven by strong demand in the cloud end market. This is an exciting time for Lumentum as we position ourselves to capitalize on expanding cloud opportunities and the recovery of the broader network
Michael Hurlston Appointed President and CEO Alan Lowe to Retire as President and CEO Provides Preliminary Fiscal Second Quarter 2025 Results Lumentum Holdings Inc. ("Lumentum" or the "Company"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud/AI, networking, and industrial applications, today announced that Michael Hurlston has been appointed President and Chief Executive Officer and as a Director of the Company, effective February 7. Hurlston succeeds Alan Lowe, who has served as the Company's President and CEO since 2015. Lowe will continue to serve on Lumentum's Board of Directors and as an advisor to the Company. Hurlston is a pr
Paul Lundstrom Brings Wealth of Knowledge in Finance, Manufacturing, and Business Transformation 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. "I am excited to welcome Paul to the Lumentum Board," said Penelope Herscher, Chair of Lumentum's Board of Directors. "He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation
Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Jae Kim as Senior Vice President, General Counsel and Corporate Secretary, reporting to Alan Lowe, President and Chief Executive Officer. In this role, Kim will be responsible for leading Lumentum's Legal department, including Corporate Affairs, Commercial Transactions, Trade Compliance, and Intellectual Property. He will also be responsible for Facilities, Real Estate and Security. Kim succeeds Judy Hamel, who will be retiring from Lumentum after serving as Senior Vice President, General Counsel and Secretary since 2015. She previ
SAN JOSE, Calif., Feb. 23, 2023 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Pamela Fletcher as an independent member of the Company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. "I am excited to welcome Pam to the Lumentum Board," said President and Chief Executive Officer, Alan Lowe. "She brings a wealth of knowledge and expertise in key sectors of interest to us, as well a fresh perspective on critical growth levers such as sustainability and innovation. I am confident that she