$42.01
0.67[1.62%]
At close: Apr 23
$42.01
0[0.00%]
After Hours: 4:00PM EDT
Lumentum Holdings
(NASDAQ:LITE)Lumentum Holdings Stock (NASDAQ:LITE), Analyst Ratings, Price Targets, Predictions
Lumentum Holdings Inc has a consensus price target of $60.95, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Raymond James, and Stifel on April 11, 2024, April 1, 2024, and April 1, 2024. With an average price target of $59 between JP Morgan, Raymond James, and Stifel, there's an implied 40.44% upside for Lumentum Holdings Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Raymond James
Stifel
B. Riley Securities
Susquehanna
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Lumentum Holdings
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 35.68% | JP Morgan | Samik Chatterjee | $62 → $57 | Maintains | Overweight | Get Alert |
| 04/01/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 38.06% | Raymond James | Simon Leopold | $51.5 → $58 | Maintains | Outperform | Get Alert |
| 04/01/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 47.58% | Stifel | Ruben Roy | $62 → $62 | Maintains | Buy | Get Alert |
| 02/09/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 47.58% | JP Morgan | Samik Chatterjee | $63 → $62 | Maintains | Overweight | Get Alert |
| 02/09/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | -2.4% | B. Riley Securities | Dave Kang | $42 → $41 | Maintains | Neutral | Get Alert |
| 02/09/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 42.82% | Susquehanna | Christopher Rolland | $65 → $60 | Maintains | Positive | Get Alert |
| 02/09/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 54.73% | Rosenblatt | Mike Genovese | $60 → $65 | Maintains | Buy | Get Alert |
| 02/09/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 19.02% | Needham | Alex Henderson | → $50 | Reiterates | Buy → Buy | Get Alert |
| 01/16/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 7.12% | Barclays | Tom O'Malley | $40 → $45 | Maintains | Underweight | Get Alert |
| 01/02/2024 | LITE | Buy Now | Lumentum Holdings | $42.01 | 47.58% | Stifel | Ruben Roy | $55 → $62 | Maintains | Buy | Get Alert |
| 12/22/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | — | Craig-Hallum | Richard Shannon | — | Upgrade | Hold → Buy | Get Alert |
| 11/13/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 19.02% | Needham | Alex Henderson | → $50 | Reiterates | Buy → Buy | Get Alert |
| 11/09/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 30.92% | Susquehanna | Christopher Rolland | $45 → $55 | Maintains | Positive | Get Alert |
| 11/09/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 28.54% | Raymond James | Simon Leopold | $49.5 → $54 | Maintains | Outperform | Get Alert |
| 10/31/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 30.92% | Rosenblatt | Mike Genovese | $62 → $55 | Maintains | Buy | Get Alert |
| 10/31/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 17.83% | Raymond James | Simon Leopold | $51.5 → $49.5 | Maintains | Outperform | Get Alert |
| 10/27/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 7.12% | Morgan Stanley | Meta Marshall | $55 → $45 | Maintains | Equal-Weight | Get Alert |
| 10/24/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 7.12% | Susquehanna | Christopher Rolland | $55 → $45 | Maintains | Positive | Get Alert |
| 10/10/2023 | LITE | Buy Now | Lumentum Holdings | $42.01 | 7.12% | B of A Securities | Vivek Arya | $50 → $45 | Maintains | Underperform | Get Alert |
FAQ
What is the target price for Lumentum Holdings (LITE)?
The latest price target for Lumentum Holdings (NASDAQ: LITE) was reported by JP Morgan on April 11, 2024. The analyst firm set a price target for $57.00 expecting LITE to rise to within 12 months (a possible 35.68% upside). 39 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Lumentum Holdings (LITE)?
The latest analyst rating for Lumentum Holdings (NASDAQ: LITE) was provided by JP Morgan, and Lumentum Holdings maintained their overweight rating.
When was the last upgrade for Lumentum Holdings (LITE)?
The last upgrade for Lumentum Holdings Inc happened on December 22, 2023 when Craig-Hallum raised their price target to N/A. Craig-Hallum previously had a hold for Lumentum Holdings Inc.
When was the last downgrade for Lumentum Holdings (LITE)?
The last downgrade for Lumentum Holdings Inc happened on July 18, 2023 when B of A Securities changed their price target from N/A to $50 for Lumentum Holdings Inc.
When is the next analyst rating going to be posted or updated for Lumentum Holdings (LITE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lumentum Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lumentum Holdings was filed on April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating Lumentum Holdings (LITE) correct?
While ratings are subjective and will change, the latest Lumentum Holdings (LITE) rating was a maintained with a price target of $62.00 to $57.00. The current price Lumentum Holdings (LITE) is trading at is $42.01, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.