News

Lumentum LITE shares soared 8.1% in the last trading session to close at $62.05. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to ...
Lumentum reports strong Q3 results fueled by cloud & AI demand. Strategic shifts & growth focus make it a top investment pick with potential upside to $104. Read the full stock analysis.
Investors in Lumentum Holdings Inc. LITE need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $32.50 Call had some of the highest ...
Lumentum Stock Valuation. Lumentum shares are currently trading 20% off their 52-week intraday-high of $104. LITE stock has a forward Price-to-earnings/Growth (PEG) of 0.60.
Raymond James raised the firm’s price target on Lumentum (LITE) to $90 from $80 and keeps a Strong Buy rating on the shares. Lumentum beat the quarter and raised September/December 2025 ...
SAN JOSE, Calif., May 02, 2025--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled participate in the following investor events: ...
Lumentum Holdings said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, as the networking equipment maker looks to capitalize on growing demand for cloud ...
Lumentum's market share declined from 49% in 2021 to 37% in 2022, resulting in the loss of its leadership position to Coherent, which has 41% of the market by 2022.
B. Riley raised the firm’s price target on Lumentum (LITE) to $62 from $50 and keeps a Neutral rating on the shares following the fiscal Q1 report. Published first on TheFly – the ultimate ...
Two friends of a former Lumentum Holdings Inc. executive were sentenced to prison for trading on tips about the company’s merger plans.. Srinivasa Kakkera was sentenced to 18 months behind bars ...
Lumentum to Announce Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results on August 17, 2023. July 27, 2023 04:05 PM Eastern Daylight Time. SAN JOSE, Calif.-- ...
A former Lumentum Holdings Inc. executive faces prison after pleading guilty to trading on and sharing with friends and family secret information about the company’s merger plans.. Amit Bhardwaj ...