Lumentum (NASDAQ:LITE) Releases Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.400-0.420 for the period, compared to the consensus earnings per share estimate of 0.350. The company issued revenue guidance of $402.0 million-$402.0 million, compared to the consensus revenue estimate of $389.3 million.

Analyst Ratings Changes

Several brokerages recently weighed in on LITE. Rosenblatt Securities increased their price objective on shares of Lumentum from $69.00 to $110.00 and gave the company a “buy” rating in a report on Friday, November 8th. Morgan Stanley reduced their price target on Lumentum from $83.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Barclays upgraded Lumentum from an “underweight” rating to an “overweight” rating and upped their price objective for the company from $80.00 to $125.00 in a report on Friday, January 17th. Needham & Company LLC restated a “buy” rating and set a $110.00 target price on shares of Lumentum in a report on Thursday, January 9th. Finally, Northland Securities upped their price target on Lumentum from $45.00 to $60.00 and gave the company a “market perform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $81.77.

Lumentum Stock Up 3.3 %

NASDAQ LITE traded up $2.82 on Wednesday, reaching $89.15. The company had a trading volume of 1,389,427 shares, compared to its average volume of 2,083,659. The company has a debt-to-equity ratio of 2.87, a quick ratio of 4.04 and a current ratio of 5.36. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of -10.74 and a beta of 0.94. The company’s fifty day moving average is $87.41 and its 200-day moving average is $71.00. Lumentum has a 1-year low of $38.28 and a 1-year high of $104.00.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings results on Thursday, November 7th. The technology company reported ($0.35) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.48). The business had revenue of $336.90 million for the quarter, compared to the consensus estimate of $326.94 million. Lumentum had a negative return on equity of 6.79% and a negative net margin of 40.70%. During the same period last year, the firm earned ($0.10) earnings per share. On average, research analysts forecast that Lumentum will post -0.02 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Lumentum news, Director Penny Herscher sold 1,625 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $81.09, for a total value of $131,771.25. Following the transaction, the director now directly owns 6,852 shares of the company’s stock, valued at $555,628.68. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Vincent Retort sold 41,710 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $89.52, for a total value of $3,733,879.20. Following the transaction, the insider now directly owns 147,515 shares of the company’s stock, valued at $13,205,542.80. This trade represents a 22.04 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 101,797 shares of company stock worth $8,881,428. Insiders own 0.19% of the company’s stock.

About Lumentum

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.