Lumentum (NASDAQ:LITE) Updates Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) issued an update on its second quarter 2025 earnings guidance on Thursday morning. 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 Up 13.9 %

NASDAQ:LITE traded up $10.21 during midday trading on Friday, hitting $83.85. 7,369,004 shares of the company were exchanged, compared to its average volume of 1,490,137. Lumentum has a fifty-two week low of $38.28 and a fifty-two week high of $88.00. The company has a market capitalization of $5.75 billion, a PE ratio of -10.13, a price-to-earnings-growth ratio of 7.34 and a beta of 0.88. The company has a current ratio of 5.90, a quick ratio of 4.43 and a debt-to-equity ratio of 2.61. The company has a fifty day simple moving average of $63.25 and a 200 day simple moving average of $54.07.

Lumentum (NASDAQ:LITE) last posted its earnings results on Wednesday, August 14th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. The business had revenue of $308.30 million for the quarter, compared to analysts’ expectations of $301.36 million. Lumentum had a negative return on equity of 4.79% and a negative net margin of 40.21%. The business’s revenue was down 16.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 earnings per share. As a group, equities analysts anticipate that Lumentum will post 0.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on LITE. Barclays raised their price objective on shares of Lumentum from $38.00 to $40.00 and gave the stock an “underweight” rating in a research report on Thursday, August 15th. Raymond James boosted their price target on Lumentum from $70.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday. Bank of America increased their price objective on Lumentum from $45.00 to $50.00 and gave the stock an “underperform” rating in a research report on Thursday, August 15th. Rosenblatt Securities lifted their target price on shares of Lumentum from $69.00 to $110.00 and gave the company a “buy” rating in a report on Friday. Finally, Needham & Company LLC increased their price target on shares of Lumentum from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, August 15th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $70.08.

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.