Lumentum Holdings Inc. (LITE)Technology | Communication Equipment | San Jose, United States | NasdaqGS
869.54 USD
-26.79
(-2.989%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 867.00 -2.54 (-2.540%) ⇩ (Oct. 15, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 6:26 a.m. EDT
Lumentum is riding a powerful wave of momentum right now, with shares surging past the 52-week high and revenue exploding by nearly 110% year-over-year. The options market is screaming bullishness, with traders piling into calls at much higher price targets while using lower-strike puts as insurance. However, this comes with a steep price tag; trading at over 30 times forward earnings and negative return on equity, the stock is priced for perfection. While the balance sheet is strong and the growth is undeniable, the lack of profitability and massive valuation leave little room for error. This is a high-octane growth play rather than a steady investment, suitable for those willing to tolerate volatility for the chance of a major breakout. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.191998 |
| AutoETS | 0.210408 |
| AutoARIMA | 0.213699 |
| AutoTheta | 0.273641 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 1.98 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 3.28 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 35.987 |
| Revenue per Share | 40.402 |
| Market Cap | 78,765,416,448 |
| Forward P/E | 24.14 |
| Beta | 1.54 |
| Profit Margins | -230.10% |
| Website | https://www.lumentum.com |
As of Oct. 10, 2026, 6:26 a.m. EDT: Speculators are aggressively buying calls at strikes well above the current price (1200 to 1600 range), signaling a strong bullish bet on continued upside momentum. Conversely, put buyers are establishing heavy floors at lower strikes (600 to 900), creating a defensive wall against a sharp reversal. Implied volatility remains elevated across the board, reflecting expectations for significant price swings in the near term.
| Attribute | Value |
|---|---|
| 52 Week Change | 4.4912086 |
| Address1 | 1,001 Ridder Park Drive |
| All Time High | 1,143.0 |
| All Time Low | 13.97 |
| Ask | 1,023.21 |
| Ask Size | 3 |
| Audit Risk | 4 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 4,919,450 |
| Average Daily Volume3 Month | 4,740,485 |
| Average Volume | 4,740,485 |
| Average Volume10Days | 4,919,450 |
| Beta | 1.536 |
| Bid | 850.0 |
| Bid Size | 1 |
| Board Risk | 6 |
| Book Value | 52.414 |
| City | San Jose |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 869.54 |
| Current Ratio | 1.678 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 874.73 |
| Day Low | 800.0 |
| Debt To Equity | 35.987 |
| Display Name | Lumentum |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,908,800 |
| Earnings Call Timestamp Start | 1,793,908,800 |
| Earnings Timestamp | 1,793,908,800 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | 800,700,032 |
| Ebitda Margins | 0.26566 |
| Enterprise To Ebitda | 96.079 |
| Enterprise To Revenue | 25.524 |
| Enterprise Value | 76,930,539,520 |
| Eps Current Year | 21.79072 |
| Eps Forward | 36.02159 |
| Eps Trailing Twelve Months | -84.34 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 931.0666 |
| Fifty Day Average Change | -61.52661 |
| Fifty Day Average Change Percent | -0.06608186 |
| Fifty Two Week Change Percent | 449.12085 |
| Fifty Two Week High | 1,143.0 |
| Fifty Two Week High Change | -273.46002 |
| Fifty Two Week High Change Percent | -0.23924762 |
| Fifty Two Week Low | 152.54 |
| Fifty Two Week Low Change | 717.0 |
| Fifty Two Week Low Change Percent | 4.7004066 |
| Fifty Two Week Range | 152.54 - 1143.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,437,658,200,000 |
| Float Shares | 89,072,997 |
| Forward Eps | 36.02159 |
| Forward P E | 24.13941 |
| Free Cashflow | 224,700,000 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 13,757 |
| Fullday Change | -28.110046 |
| Fullday Change Percent | -3.1361268 |
| Fullday Price | 869.54 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.44244 |
| Gross Profits | 1,333,500,032 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00562 |
| Held Percent Institutions | 0.94044 |
| Implied Shares Outstanding | 90,582,856 |
| Industry | Communication Equipment |
| Industry Disp | Communication Equipment |
| Industry Key | communication-equipment |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,782,518,400 |
| 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 offers component products, including semiconductor laser chips, laser sub-assemblies, line subsystems, and wavelength management systems. The company also offers system products, such as optical modules, optical circuit switches, and industrial lasers, including short-pulse solid-state lasers and kilowatt-class fiber lasers. Its products and solutions are used in cloud, artificial intelligence and machine learning (AI/ML), telecommunications, consumer, and industrial end-market applications. The company was incorporated in 2015 and is headquartered in San Jose, California. |
| Long Name | Lumentum Holdings Inc. |
| Market | us_market |
| Market Cap | 78,765,416,448 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_272054403 |
| Most Recent Quarter | 1,782,518,400 |
| Net Income To Common | -6,935,099,904 |
| Next Fiscal Year End | 1,814,054,400 |
| Non Diluted Market Cap | 84,048,900,000 |
| Number Of Analyst Opinions | 26 |
| Open | 845.0 |
| Operating Cashflow | 751,400,000 |
| Operating Margins | 0.27954 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.63 |
| Phone | 408 546 5483 |
| Post Market Change | -2.539978 |
| Post Market Change Percent | -0.29210594 |
| Post Market Price | 867.0 |
| Post Market Time | 1,792,108,771 |
| Previous Close | 896.33 |
| Price Eps Current Year | 39.90414 |
| Price Hint | 2 |
| Price To Book | 16.589842 |
| Price To Sales Trailing12 Months | 26.133183 |
| Profit Margins | -2.3009598 |
| Quick Ratio | 1.318 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | -26.79 |
| Regular Market Change Percent | -2.98886 |
| Regular Market Day High | 874.73 |
| Regular Market Day Low | 800.0 |
| Regular Market Day Range | 800.0 - 874.73 |
| Regular Market Open | 845.0 |
| Regular Market Previous Close | 896.33 |
| Regular Market Price | 869.54 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 7,564,592 |
| Return On Assets | 0.05815 |
| Return On Equity | -2.40027 |
| Revenue Growth | 1.093 |
| Revenue Per Share | 40.402 |
| Sand P52 Week Change | 0.16440773 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 90,582,856 |
| Shares Percent Shares Out | 0.082200006 |
| Shares Short | 7,446,554 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 7,122,028 |
| Short Name | Lumentum Holdings Inc. |
| Short Percent Of Float | 0.082399994 |
| Short Ratio | 1.66 |
| Source Interval | 15 |
| State | CA |
| Symbol | LITE |
| Target High Price | 1,500.0 |
| Target Low Price | 820.0 |
| Target Mean Price | 1,179.071 |
| Target Median Price | 1,200.0 |
| Total Cash | 2,738,400,000 |
| Total Cash Per Share | 30.528 |
| Total Debt | 1,671,200,000 |
| Total Revenue | 3,014,000,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -84.34 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 772.7225 |
| Two Hundred Day Average Change | 96.817505 |
| Two Hundred Day Average Change Percent | 0.12529401 |
| Type Disp | Equity |
| Volume | 7,564,592 |
| Website | https://www.lumentum.com |
| Zip | 95,131 |