Lumentum (NASDAQ:LITE) Updates Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) updated its second quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.300-0.40 for the period, compared to the consensus EPS estimate of 0.270. The company issued revenue guidance of $380.0 million-$400.0 million, compared to the consensus revenue estimate of $354.3 million. Lumentum also updated its Q2 guidance to $0.30-$0.40 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Morgan Stanley boosted their target price on Lumentum from $50.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 15th. Bank of America boosted their price objective on Lumentum from $45.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, August 15th. Raymond James lifted their target price on shares of Lumentum from $55.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, October 4th. Needham & Company LLC upped their price target on shares of Lumentum from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, August 15th. Finally, Craig Hallum lifted their price objective on shares of Lumentum from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, August 15th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Lumentum has an average rating of “Hold” and a consensus price target of $60.77.

Lumentum Stock Up 2.3 %

Shares of LITE traded up $1.67 during midday trading on Thursday, reaching $73.64. 2,887,145 shares of the stock were exchanged, compared to its average volume of 1,431,453. The company has a market cap of $5.05 billion, a price-to-earnings ratio of -8.90, a P/E/G ratio of 5.48 and a beta of 0.88. The company has a quick ratio of 4.43, a current ratio of 5.90 and a debt-to-equity ratio of 2.61. Lumentum has a 12-month low of $38.28 and a 12-month high of $73.90. The firm has a 50 day simple moving average of $62.39 and a 200-day simple moving average of $53.47.

Lumentum (NASDAQ:LITE) last posted its earnings results on Wednesday, August 14th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Lumentum had a negative net margin of 40.21% and a negative return on equity of 4.79%. The firm had revenue of $308.30 million during the quarter, compared to analysts’ expectations of $301.36 million. During the same period in the previous year, the company earned $0.12 earnings per share. The company’s revenue was down 16.9% compared to the same quarter last year. Research analysts forecast that Lumentum will post 0.2 EPS for the current year.

Lumentum Company Profile

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 through 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.