Lumentum (NASDAQ:LITE) Stock Price Down 7.7% – What’s Next?

12 Dec 2025, 19:04 by Mitch Edgeman · The Markets Daily

Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) dropped 7.7% on Friday . The stock traded as low as $337.04 and last traded at $343.5890. Approximately 1,317,548 shares were traded during trading, a decline of 58% from the average daily volume of 3,108,358 shares. The stock had previously closed at $372.09.

Analyst Ratings Changes

Several analysts have recently commented on LITE shares. Weiss Ratings restated a “hold (c-)” rating on shares of Lumentum in a research note on Monday. JPMorgan Chase & Co. raised their price objective on Lumentum from $145.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Raymond James Financial downgraded Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 price objective for the company. in a report on Friday, October 31st. Northland Securities set a $350.00 target price on Lumentum in a report on Wednesday, December 3rd. Finally, Needham & Company LLC upped their price objective on shares of Lumentum to $290.00 and gave the stock a “buy” rating in a report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $215.00.

View Our Latest Stock Report on Lumentum

Lumentum Stock Down 11.9%

The company has a current ratio of 1.37, a quick ratio of 1.02 and a debt-to-equity ratio of 2.77. The firm has a market capitalization of $23.25 billion, a P/E ratio of 220.47 and a beta of 1.53. The stock’s 50-day simple moving average is $234.47 and its 200-day simple moving average is $155.95.

Lumentum (NASDAQ:LITE – Get Free Report) last announced its earnings results on Tuesday, November 4th. The technology company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.07. The firm had revenue of $533.80 million for the quarter, compared to the consensus estimate of $525.10 million. Lumentum had a return on equity of 4.62% and a net margin of 6.11%.The company’s revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 EPS. Lumentum has set its Q2 2026 guidance at 1.300-1.500 EPS. As a group, research analysts predict that Lumentum Holdings Inc. will post 0.03 earnings per share for the current fiscal year.

Insider Transactions at Lumentum

In other news, Director Pamela Fletcher sold 3,421 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $273.53, for a total transaction of $935,746.13. Following the completion of the transaction, the director owned 10,561 shares of the company’s stock, valued at approximately $2,888,750.33. The trade was a 24.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Julia Suzanne Johnson sold 10,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $270.39, for a total value of $2,703,900.00. Following the completion of the transaction, the director owned 12,037 shares of the company’s stock, valued at $3,254,684.43. The trade was a 45.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 28,612 shares of company stock valued at $7,317,398. 0.43% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LITE. EverSource Wealth Advisors LLC lifted its position in Lumentum by 363.9% during the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the period. Danske Bank A S purchased a new position in Lumentum during the 3rd quarter valued at about $33,000. FNY Investment Advisers LLC bought a new stake in Lumentum during the second quarter worth about $38,000. SVB Wealth LLC bought a new stake in Lumentum during the first quarter worth about $40,000. Finally, MAI Capital Management grew its holdings in Lumentum by 27.0% in the second quarter. MAI Capital Management now owns 452 shares of the technology company’s stock worth $43,000 after purchasing an additional 96 shares during the period. Institutional investors own 94.05% of the company’s stock.

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