Raymond James upgraded Lumentum (LITE) to Strong Buy from Outperform with a price target of $82, down from $96, following Nvidia’s GTC keynote address and Corning’s analyst day meetings.
Shares of NASDAQ LITE opened at $73.63 on Monday. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of -9.57 and a beta of 1.03. Lumentum has a 12 month low of $38.29 and a 12 ...
In this article, we are going to take a look at where Lumentum Holdings Inc. (NASDAQ:LITE) stands against other high-flying AI stocks this week. The proliferation of advanced artificial ...
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Data center AI growth drives up networking market demand: JefferiesMeanwhile, Jefferies lowered its price target on Lumentum to $100 from $110 ... speeds move to 200G/Lane (necessary for 1.6T), current VCSEL solutions have proven to be ineffective.
Lumentum specializes in optical and photonic products that enable advancements in optical communications and industrial lasers. It serves markets such as telecommunications, data communications ...
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events in the coming ...
Fintel reports that on March 24, 2025, Raymond James upgraded their outlook for Lumentum Holdings (BIT:1LITE) from Outperform to Strong Buy. As of March 19, 2025, the average one-year price target ...
SAN JOSE, Calif., March 27, 2025--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a global leader in optical and photonic solutions for the cloud and networking markets, will unveil its ...
Proven MEMS-based technology optimized for high reliability, performance, and increased AI data center scalability Lumentum R300 OCS 300x300 port product currently being sampled by multiple ...
Lumentum's financial outlook has been a subject of intense scrutiny among analysts. The company's earnings per share (EPS) projections show a significant increase from fiscal year 1 (FY1) to ...
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