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Lumentum Holdings Inc. (LITE)

Technology | Communication Equipment | San Jose, United States | NasdaqGS
894.07 USD +2.85 (0.320%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 890.00 -4.07 (-4.070%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★★★★ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:19 p.m. EDT

Lumentech (LITE) is flashing a high-conviction short-term bullish signal backed by aggressive options flow emphasizing a move above $950 within weeks. The data suggests a speculative bet on an immediate parabolic run driven by AI infrastructure demand, though the long-term fundamentals remain overextended with a P/S of 30x, warranting caution for multi-year holds despite the current momentum.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.476518
AutoARIMA0.579272
AutoETS0.599022
MSTL0.604699

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 35%
H-stat 2.41
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 1.14
Attribute Value
Sector Technology
Debt to Equity Ratio 392.476
Revenue per Share 30.053
Market Cap 63,836,598,272
Trailing P/E 256.18
Forward P/E 56.45
Beta 1.39
Profit Margins 11.95%
Website https://www.lumentum.com

As of April 18, 2026, 10:19 p.m. EDT: Speculative capital is heavily bullish, positioning for significant upside volatility. Call volume and Open Interest (OI) are exploding at strikes ranging from $900 to $1350, with notable 'New Flow' and volume spikes indicating aggressive demand for leveraged upside exposure in the 45-day window. Market makers are absorbing this long call volume, which creates a potential gamma squeeze effect as price approaches these profit targets. Conversely, put protection is concentrated deep out of the money (OTM) at strikes like $585-$720 across longer expirations, while near-term expiration puts show declining interest. This distribution suggests a narrative of 'expansion play' rather than 'deleveraging,' with sentiment firmly on the long side.


Info Dump

Attribute Value
52 Week Change 16.856401
Address1 1,001 Ridder Park Drive
All Time High 960.0
All Time Low 13.97
Ask 895.97
Ask Size 1
Audit Risk 4
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 6,095,760
Average Daily Volume3 Month 6,284,288
Average Volume 6,284,288
Average Volume10Days 6,095,760
Beta 1.391
Bid 890.88
Bid Size 1
Board Risk 6
Book Value 11.857
City San Jose
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 894.07
Current Ratio 0.606
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 910.0
Day Low 865.02
Debt To Equity 392.476
Display Name Lumentum
Earnings Call Timestamp End 1,778,014,800
Earnings Call Timestamp Start 1,778,014,800
Earnings Timestamp 1,778,011,200
Earnings Timestamp End 1,778,011,200
Earnings Timestamp Start 1,778,011,200
Ebitda 267,700,000
Ebitda Margins 0.12716
Enterprise To Ebitda 246.56
Enterprise To Revenue 31.353
Enterprise Value 66,003,996,672
Eps Current Year 7.78552
Eps Forward 15.83801
Eps Trailing Twelve Months 3.49
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 703.5914
Fifty Day Average Change 190.47864
Fifty Day Average Change Percent 0.27072337
Fifty Two Week Change Percent 1,685.6401
Fifty Two Week High 960.0
Fifty Two Week High Change -65.92999
Fifty Two Week High Change Percent -0.068677075
Fifty Two Week Low 49.13
Fifty Two Week Low Change 844.94
Fifty Two Week Low Change Percent 17.198046
Fifty Two Week Range 49.13 - 960.0
Financial Currency USD
First Trade Date Milliseconds 1,437,658,200,000
Float Shares 70,805,238
Forward Eps 15.83801
Forward P E 56.450905
Free Cashflow -21,325,000
Full Exchange Name NasdaqGS
Full Time Employees 10,562
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.37118
Gross Profits 781,400,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00612
Held Percent Institutions 1.13989
Implied Shares Outstanding 71,400,000
Industry Communication Equipment
Industry Disp Communication Equipment
Industry Key communication-equipment
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,751,068,800
Long Business Summary Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates through two segments, Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers optical and photonic chips, components, modules, and subsystems supplied to cloud data center operators, AI/ML infrastructure providers, and network equipment manufacturer customers that are building cloud data centers and network infrastructures. Its Industrial Tech segment provides short-pulse solid-state lasers, kilowatt-class fiber lasers, diode lasers, and gas lasers that serves the semiconductor device, solar cell, display, and electric vehicle and battery manufacturing markets. The company was incorporated in 2015 and is headquartered in San Jose, California.
Long Name Lumentum Holdings Inc.
Market us_market
Market Cap 63,836,598,272
Market State CLOSED
Max Age 86,400
Message Board Id finmb_272054403
Most Recent Quarter 1,766,793,600
Net Income To Common 251,600,000
Next Fiscal Year End 1,782,604,800
Non Diluted Market Cap 63,836,598,000
Number Of Analyst Opinions 23
Open 909.01
Operating Cashflow 247,000,000
Operating Margins 0.10729
Overall Risk 9
Payout Ratio 0.0
Peg Ratio 0.63
Phone 408 546 5483
Post Market Change -4.0700073
Post Market Change Percent -0.45522243
Post Market Price 890.0
Post Market Time 1,776,470,391
Previous Close 891.22
Price Eps Current Year 114.83755
Price Hint 2
Price To Book 75.4044
Price To Sales Trailing12 Months 30.323294
Profit Margins 0.11951
Quick Ratio 0.408
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.6087
Region US
Regular Market Change 2.85004
Regular Market Change Percent 0.31979
Regular Market Day High 910.0
Regular Market Day Low 865.02
Regular Market Day Range 865.02 - 910.0
Regular Market Open 909.01
Regular Market Previous Close 891.22
Regular Market Price 894.07
Regular Market Time 1,776,456,001
Regular Market Volume 4,281,541
Return On Assets 0.0029199999
Return On Equity 0.29275
Revenue Growth 0.655
Revenue Per Share 30.053
Sand P52 Week Change 0.38150132
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 7
Shares Outstanding 71,400,000
Shares Percent Shares Out 0.1607
Shares Short 11,473,984
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 10,900,267
Short Name Lumentum Holdings Inc.
Short Percent Of Float 0.17959999
Short Ratio 1.55
Source Interval 15
State CA
Symbol LITE
Target High Price 1,225.0
Target Low Price 455.0
Target Mean Price 773.34784
Target Median Price 800.0
Total Cash 1,155,299,968
Total Cash Per Share 16.181
Total Debt 3,322,700,032
Total Revenue 2,105,200,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 3.49
Trailing P E 256.1805
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 340.18527
Two Hundred Day Average Change 553.88477
Two Hundred Day Average Change Percent 1.6281856
Type Disp Equity
Volume 4,281,541
Website https://www.lumentum.com
Zip 95,131