Lumentum (NASDAQ:LITE) Releases Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.300-0.40 for the period, compared to the consensus EPS estimate of 0.270. The company issued revenue guidance of $380.0 million-$400.0 million, compared to the consensus revenue estimate of $354.3 million. Lumentum also updated its Q2 guidance to $0.30-$0.40 EPS.

Lumentum Price Performance

LITE traded up $10.21 during trading on Friday, hitting $83.85. 7,369,004 shares of the stock traded hands, compared to its average volume of 1,490,137. The business has a 50 day moving average price of $63.25 and a 200 day moving average price of $54.07. The company has a market cap of $5.75 billion, a price-to-earnings ratio of -10.13, a PEG ratio of 7.34 and a beta of 0.88. Lumentum has a twelve month low of $38.28 and a twelve month high of $88.00. The company has a debt-to-equity ratio of 2.61, a current ratio of 5.90 and a quick ratio of 4.43.

Lumentum (NASDAQ:LITE) last released its earnings results on Wednesday, August 14th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Lumentum had a negative return on equity of 4.79% and a negative net margin of 40.21%. The firm had revenue of $308.30 million for the quarter, compared to analysts’ expectations of $301.36 million. During the same quarter in the previous year, the business posted $0.12 earnings per share. The business’s revenue for the quarter was down 16.9% on a year-over-year basis. Equities research analysts forecast that Lumentum will post 0.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Rosenblatt Securities increased their price target on Lumentum from $69.00 to $110.00 and gave the company a “buy” rating in a research note on Friday. JPMorgan Chase & Co. raised their price objective on shares of Lumentum from $57.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, August 12th. Barclays boosted their target price on shares of Lumentum from $38.00 to $40.00 and gave the stock an “underweight” rating in a report on Thursday, August 15th. Susquehanna raised their price target on shares of Lumentum from $80.00 to $115.00 and gave the company a “positive” rating in a research note on Friday. Finally, Northland Securities raised their price objective on Lumentum from $45.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $70.08.

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.