Wall Street analyst estimates for Lumentum Holdings Inc. (LITE): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers.
Consensus price target
$1,116.00 (+22 % vs price $913.95)
between $820.00 and $1,270.00 · 10 targets published in the last quarter
Closing price, Oct 28
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $6.3B | $5.7B – $6.8B | $21.79 | 15 |
| 2028E | $10.0B | $7.2B – $10.9B | $35.23 | 12 |
| 2029E | $14.0B | $10.7B – $16.3B | $49.00 | 5 |
Fiscal year ending in June · figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 17 |
| Hold | 7 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 25 |
| Avg rating (−2 sell to +2 buy) | 0.76 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $4.22 | ||
| 2026-08-11 | $3.23 | $2.97 | +8.8% |
| 2026-05-05 | $2.37 | $2.27 | +4.4% |
| 2026-02-03 | $1.67 | $1.41 | +18.4% |
| 2025-11-04 | $1.10 | $1.03 | +6.8% |
| 2025-08-12 | $0.88 | $0.81 | +8.1% |
| 2025-05-06 | $0.57 | $0.50 | +14.0% |
| 2025-02-06 | $0.42 | $0.34 | +23.5% |
Valuation Ratios
| Price / Book | 14.68 |
| EV / EBITDA | -11.97 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $1.25B | $1.57B | $1.68B | $1.71B | $1.71B | $1.77B | $1.36B | $1.65B | $3.01B |
| Cost of Revenue | $683.5M | $815.6M | $1.14B | $1.03B | $924.0M | $924.0M | $1.20B | $1.11B | $1.19B | $1.76B |
| Gross Profit | $318.1M | $432.1M | $425.9M | $650.2M | $788.6M | $788.6M | $569.0M | $251.5M | $459.9M | $1.26B |
| Research & Development | $148.3M | $156.8M | $184.6M | $198.6M | $220.7M | $220.7M | $307.8M | $302.2M | $303.9M | $356.5M |
| Selling, General & Admin | $110.2M | $128.2M | $200.3M | $235.2M | $265.7M | $265.7M | $348.8M | $310.7M | $348.2M | $363.2M |
| Operating Expenses | $270.5M | $292.2M | $447.5M | $446.1M | $485.3M | $486.4M | $656.6M | $612.9M | $652.1M | $731.1M |
| Operating Income | $47.6M | $139.9M | -$21.6M | $204.1M | $303.3M | $302.2M | -$87.6M | -$361.4M | -$192.2M | $524.8M |
| EBITDA | $6.7M | $224.8M | $160.5M | $427.4M | $492.4M | $482.4M | $188.7M | -$81.6M | $106.8M | -$6.88B |
| Interest Expense | $5.5M | $18.2M | $36.3M | $61.2M | $80.2M | $80.2M | $35.5M | $33.8M | $22.2M | $21.8M |
| Pre-tax Income | -$59.8M | $129.4M | -$33.3M | $174.3M | $235.1M | $235.1M | -$102.4M | -$405.7M | -$172.1M | -$7.17B |
| Income Tax | $42.7M | -$118.7M | $3.1M | $38.8M | $36.2M | $36.2M | $29.2M | $140.8M | -$198.0M | -$237.7M |
| Net Income | -$102.5M | $248.1M | -$36.4M | $135.5M | $198.9M | $198.9M | -$131.6M | -$546.5M | $25.9M | -$6.94B |
| EPS | $-1.71 | $3.88 | $-0.54 | $1.79 | $2.79 | $2.79 | $-1.93 | $-8.12 | $0.38 | $-92.96 |
| EPS (Diluted) | $-1.71 | $3.82 | $-0.54 | $1.75 | $2.68 | $2.68 | $-1.93 | $-8.12 | $0.37 | $-92.96 |
| Shares Outstanding (Diluted) | 60.6 M | 63.3 M | 70.7 M | 77.6 M | 74.2 M | 74.2 M | 68.3 M | 67.3 M | 69.6 M | 74.6 M |
Price
| Price | $913.95 (closing price, October 28, 2026) |
| Market Cap | $82.8B |
| Exchange | NASDAQ |
| Country | US |
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