Lumentum (NASDAQ:LITE) Posts Quarterly Earnings Results, Misses Estimates By $0.41 EPS

Lumentum (NASDAQ:LITE) posted its earnings results on Thursday. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.41), Zacks reports. Lumentum had a negative return on equity of 6.79% and a negative net margin of 40.70%. Lumentum updated its Q3 2025 guidance to 0.470-0.530 EPS.

Lumentum Trading Up 3.9 %

NASDAQ LITE traded up $3.48 during trading on Thursday, hitting $92.67. 5,118,194 shares of the company’s stock traded hands, compared to its average volume of 2,284,161. The firm has a market cap of $6.37 billion, a P/E ratio of -11.19 and a beta of 0.94. Lumentum has a 12-month low of $38.28 and a 12-month high of $104.00. The company has a debt-to-equity ratio of 2.87, a current ratio of 5.36 and a quick ratio of 4.04. The stock has a fifty day moving average of $87.52 and a two-hundred day moving average of $71.12.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on LITE shares. Rosenblatt Securities lifted their price target on Lumentum from $69.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Northland Securities raised their price target on shares of Lumentum from $45.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, November 8th. Morgan Stanley decreased their price target on shares of Lumentum from $83.00 to $81.00 and set an “equal weight” rating on the stock in a report on Friday, January 31st. Susquehanna boosted their target price on Lumentum from $80.00 to $115.00 and gave the stock a “positive” rating in a research report on Friday, November 8th. Finally, Barclays upgraded Lumentum from an “underweight” rating to an “overweight” rating and upped their target price for the stock from $80.00 to $125.00 in a research note on Friday, January 17th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Lumentum has an average rating of “Moderate Buy” and a consensus target price of $81.77.

Insider Transactions at Lumentum

In related news, Director Penny Herscher sold 1,625 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $81.09, for a total transaction of $131,771.25. Following the completion of the transaction, the director now owns 6,852 shares in the company, valued at $555,628.68. This represents a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harold L. Covert sold 15,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $87.17, for a total value of $1,307,550.00. Following the completion of the sale, the director now directly owns 8,761 shares of the company’s stock, valued at $763,696.37. The trade was a 63.13 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 101,797 shares of company stock worth $8,881,428. Insiders own 0.19% of the company’s stock.

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.