Lumentum Holdings (NASDAQ:LITE) is set to give its latest quarterly earnings report on Tuesday, 2026-02-03. Here's what investors need to know before the announcement.

Analysts estimate that Lumentum Holdings will report an earnings per share (EPS) of $1.23.

Anticipation surrounds Lumentum Holdings's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.25, leading to a 23.57% increase in the share price the following trading session.

Here's a look at Lumentum Holdings's past performance and the resulting price change:

Stock Performance

Shares of Lumentum Holdings were trading at $391.84 as of January 30. Over the last 52-week period, shares are up 409.54%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on Lumentum Holdings

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Lumentum Holdings.

The consensus rating for Lumentum Holdings is Buy, derived from 16 analyst ratings. An average one-year price target of $322.94 implies a potential 17.58% downside.

Analyzing Analyst Ratings Among Peers

In this analysis, we delve into the analyst ratings and average 1-year price targets of Ubiquiti, Ciena and F5, three key industry players, offering insights into their relative performance expectations and market positioning.

• Analysts currently favor an Buy trajectory for Ubiquiti, with an average 1-year price target of $631.67, suggesting a potential 61.21% upside.
• Analysts currently favor an Buy trajectory for Ciena, with an average 1-year price target of $242.74, suggesting a potential 38.05% downside.
• Analysts currently favor an Outperform trajectory for F5, with an average 1-year price target of $316.75, suggesting a potential 19.16% downside.

Peer Metrics Summary

The peer analysis summary outlines pivotal metrics for Ubiquiti, Ciena and F5, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

Key Takeaway:

Lumentum Holdings ranks at the top for Revenue Growth among its peers. It is at the bottom for Gross Profit and Return on Equity.

Get to Know Lumentum Holdings Better

Breaking Down Lumentum Holdings's Financial Performance

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Positive Revenue Trend: Examining Lumentum Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 58.44% as of 30 September, 2025, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: Lumentum Holdings's net margin excels beyond industry benchmarks, reaching 0.79%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Lumentum Holdings's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.44%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Lumentum Holdings's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.1%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Lumentum Holdings's debt-to-equity ratio surpasses industry norms, standing at 4.2. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

To track all earnings releases for Lumentum Holdings visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.