Lumentum (NASDAQ:LITE) Releases Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.300-0.40 for the period, compared to the consensus estimate of 0.270. The company issued revenue guidance of $380.0 million-$400.0 million, compared to the consensus revenue estimate of $354.3 million. Lumentum also updated its Q2 guidance to $0.30-$0.40 EPS.

Lumentum Stock Performance

LITE stock traded up $1.67 during mid-day trading on Thursday, reaching $73.64. 2,887,145 shares of the stock traded hands, compared to its average volume of 1,431,453. The company has a quick ratio of 4.43, a current ratio of 5.90 and a debt-to-equity ratio of 2.61. The business has a 50-day moving average of $62.39 and a two-hundred day moving average of $53.47. The firm has a market capitalization of $5.05 billion, a PE ratio of -8.90, a P/E/G ratio of 5.48 and a beta of 0.88. Lumentum has a 52 week low of $38.28 and a 52 week high of $73.90.

Lumentum (NASDAQ:LITE) last released its earnings results on Wednesday, August 14th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The firm had revenue of $308.30 million for the quarter, compared to analyst estimates of $301.36 million. Lumentum had a negative return on equity of 4.79% and a negative net margin of 40.21%. The company’s revenue was down 16.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 EPS. As a group, equities analysts predict that Lumentum will post 0.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on LITE shares. Needham & Company LLC upped their target price on shares of Lumentum from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, August 15th. Northland Securities increased their target price on shares of Lumentum from $40.00 to $45.00 and gave the company a “market perform” rating in a research note on Friday, August 16th. Rosenblatt Securities lifted their target price on Lumentum from $65.00 to $69.00 and gave the stock a “buy” rating in a research report on Thursday, August 15th. JPMorgan Chase & Co. upped their price target on Lumentum from $57.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, August 12th. Finally, Susquehanna raised their price objective on Lumentum from $70.00 to $80.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $60.77.

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.