LITE · NMS S&P 500

Lumentum Holdings Inc.

Technology · Communication Equipment

$585.57 −$10.59 (−1.78%) today

Closing price on Nov 10, 2026 · Source: Yahoo Finance

Consensus of 25 analysts

Buy

Median price target $1,150.00 +96.4%

Open: $575.03
Day range: 570.41 – $612.62
52-week range: 215.35 – $1,143.00
Volume: 4,758,537
Market cap: $53,102M
P/E (TTM): n/a
EPS (TTM): −$89.62
EPS est. FY 2027: $24.94
P/E est. FY 2027: 23.5x
Dividend yield: n/a
Beta: 1.65
Payout: 0%

Lumentum financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$1,263M	+136.5%
Net income	$360M	+8,478.6%
Earnings per share	$3.54	+6,980.0%
Net margin	28.5%	+27.7 pp
Free cash flow	$38M	n/s
Debt / equity	0.31	−92.6%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$534M	$4M
Q4 2025	$666M	$78M
Q1 2026	$808M	$144M
Q2 2026	$1,006M	−$7,162M
Q3 2026	$1,263M	$360M

Lumentum earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 23	$4.2244.17 – 4.37	+284.0%$1.100
Next quarterQ1 2027 · Analysts: 19	$6.8246.12 – 7.51	+308.6%$1.670
Current yearFY 2027 · Analysts: 21	$24.94021.20 – 27.08	+187.7%$8.670
Next yearFY 2028 · Analysts: 22	$40.13532.03 – 49.30	+60.9%$24.940

Forward P/E: 23.5x (FY 2027) and 14.6x (FY 2028) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$0.050	—
Q4 2025	$1.670	$1.409
Q1 2026	$2.370	$2.265
Q2 2026	−$84.650	—
Q3 2026	$4.570	$4.224
Q4 2026	—	$4.224
Q1 2027	—	$6.824

Year	Actual EPS	Estimated EPS
FY 2023	−$1.930	—
FY 2024	−$8.120	—
FY 2025	$0.370	—
FY 2026	−$92.960	—
FY 2027	—	$24.940
FY 2028	—	$40.135

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$6.824	+187.9%
Q4 2026Estimated	$4.224	+152.9%
Q3 2026	$4.570est. $4.224 · surprise +8.2%	+9,040.0%
Q2 2026	−$84.650	n/a
Q1 2026	$2.370est. $2.265 · surprise +4.6%	n/a
Q4 2025	$1.670est. $1.409 · surprise +18.6%	n/a
Q3 2025	$0.050	n/a

Year	EPS	Annual change
FY 2028Estimated	$40.135	+60.9%
FY 2027Estimated	$24.940	n/s
FY 2026	−$92.960	−25,224.3%
FY 2025	$0.370	n/s
FY 2024	−$8.120	n/s
FY 2023	−$1.930	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Lumentum dividend

Lumentum has not paid dividends in recent years.

Lumentum forecasts

25 analyst ratings

Buy76% Hold24% Sell0%

Consensus: Buy · 19 buy, 6 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$1,425.00	+143.4%
Median	$1,150.00	+96.4%
Low	$685.00	+17.0%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$325.16
Dec 31, 2025	$368.59
Jan 30, 2026	$391.84
Feb 27, 2026	$700.91
Mar 31, 2026	$702.76
Apr 30, 2026	$902.32
May 29, 2026	$854.96
Jun 30, 2026	$858.06
Jul 31, 2026	$713.94
Aug 31, 2026	$914.76
Sep 30, 2026	$971.26
Oct 30, 2026	$840.70
Nov 10, 2026	$585.57

Lumentum peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
LITE	Lumentum	53,102	n/a	585.57	−1.78%	215.351,143.00
CSCO	Cisco	386,965	29.5x	98.15	−0.51%	71.10130.37
MSI	Motorola Solutions	87,194	42.4x	527.38	−0.11%	359.36548.29
HPE	Hewlett Packard Enterprise	63,625	24.7x	47.93	+0.82%	19.8473.56
CIEN	Ciena	38,586	60.9x	272.10	+1.03%	168.22637.51
ZBRA	Zebra Technologies	15,133	26.0x	321.38	−1.63%	199.05392.78