Large Cap Stock Lumentum Holdings Inc. (LITE) is a OVERWEIGHT – Analysts

Lumentum Holdings Inc. (NASDAQ: LITE) surged in the latest session, closing up 8.67% at $164.88 on volume of 5,789,636 shares. The company’s market capitalization stands at approximately $11.53 billion, with a beta of 1.39. The shares now trade well above the prior 52-week high of $152.65 and are about 261% above the 52-week low of $45.65. In recent trading, the stock touched an intraday high of $167.96 (September 10, 2025). The 3-month average daily volume is around 2.81 million shares.

Analyst View

Wall Street sentiment skews positive: LITE carries a consensus Overweight rating with an average recommendation score of 1.6. Among 20 covering analysts, 13 rate it Buy, 2 Overweight, 5 Hold, and none rate it Underweight or Sell. The current consensus EPS estimate is $2.81.

Performance Snapshot

• Last session: +8.67%.
• 5-day change: +22.93%.
• 30-day change: +43.34%.
• Year-to-date: +96.4%.
• Short interest: 11.03 million shares; days to cover: 3.93.

Price Targets and Valuation

The average analyst price target is $140.56, implying roughly 14.75% downside from the latest close. Targets range from $83 (low) to $165 (high). At $164.88, LITE trades essentially in line with the high end of published targets; a move to the low target would represent an approximate 49.66% decline.

Revenue and Growth Outlook

Analysts expect double-digit revenue growth this quarter, projecting about 14.91% year-over-year, followed by roughly 3.02% growth next quarter. Over the last five years, annual earnings growth averaged around 0%, but forecasts call for a sharp rebound: +136.49% for the current year and cumulative earnings growth of approximately 52.57% over the next five years.

Ownership and Float

• Insider ownership: 0.88%.
• Institutional ownership: 121.35%.
• Public float: approximately 70.0 million shares.
• Institutional base: about 635 holders. Notable holders include SmallCap World Fund Inc. (around 6.31% of shares outstanding as of June 30, 2025) and New Economy Fund (about 3.81%).

Key Takeaways

• Momentum remains strong, with sizable recent gains and the stock testing its recent highs.
• Analysts maintain an Overweight stance, backed by expectations for meaningful earnings acceleration.
• With shares near the top of the target range and above the average target, investors should consider valuation, volatility (beta 1.39), and position sizing.

This article is for informational purposes only and does not constitute investment advice.