Lumentum (LITE)
Builds laser components and optical systems for AI data centers, telecom networks, and industrial uses.
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Sells photonic components and complete optical systems for AI data centers, cloud and telecom networks, consumer sensing, and industrial processing. Revenue comes from laser chips, transceivers, wavelength-management products, circuit switches, and industrial lasers, with several large customers and a single integrated operating structure.
Supplies optical and photonic building blocks and finished systems for AI and cloud data centers, telecom networks, consumer sensing, and precision manufacturing. Components include semiconductor laser chips, laser subassemblies, coherent transmission parts, and wavelength-management products; systems include high-speed transceivers, optical modules, circuit switches, and industrial lasers. Its in-house laser and photonic-integration capabilities support sales of both critical inputs and deployable products across data-center and carrier networks.
Operates as a single integrated segment after replacing its prior segment structure. Customers and facilities span the Americas, Asia-Pacific, and Europe, with most shipments outside the United States. A nonexclusive multiyear NVIDIA agreement adds a purchase commitment and capacity rights for advanced lasers. Revenue is concentrated among several large customers, while manufacturing capacity and global trade controls remain key dependencies.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 31, 2026 | Deutsche Bank | Initiate | Rating: —Target: — | Target: $1,200 |
| Aug 31, 2026 | Evercore ISI | Initiate | Rating: —Target: — | Target: $1,100 |
| Aug 12, 2026 | UBS | Target | Target: $960 | Target: $820 |
| Aug 12, 2026 | Raymond James | Reiterate | Rating: —Target: $1,014 | Target: $1,036 |
| Aug 12, 2026 | Needham | Reiterate | Rating: —Target: $550 | Target: $1,040 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $2.74B · Total debt $1.67B · Total assets $7.31B · Shareholders' equity $4.64B
- Revenue
- $1.01B
- Operating income
- $270.3M
- Net income
- −$7.16B
No dividends on record.
| Institutions | ≈ 105.74% | 82.27M shares | |
|---|---|---|---|
| 1,403 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 7.83% | 6.09M shares | |
| 18 holders · as of Sep 18, 2026 | |||
| Adds to | 113.57% | ||
77.80M company shares as of Sep 9, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 113.57%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 11.80% | 9.18M | as of Jun 30, 2026 |
AllianceBernstein L.P.Insider | 6.70% | 5.22M | filed Feb 14, 2022 |
Vanguard Capital Management LLCInstitution | 6.53% | 5.08M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.26% | 4.09M | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 5.22% | 4.06M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 18, 2026 | Yuen Wupen | officer: PRESIDENT, GLOBAL BUS. UNITS | −500 | $920.00 |
| Sep 17, 2026 | Yuen Wupen | officer: PRESIDENT, GLOBAL BUS. UNITS | −500 | $933.45 |
| Sep 16, 2026 | Yuen Wupen | officer: PRESIDENT, GLOBAL BUS. UNITS | −500 | $856.83 |
| Sep 15, 2026 | Yuen Wupen | officer: PRESIDENT, GLOBAL BUS. UNITS | −500 | $841.51 |
| Sep 14, 2026 | Yuen Wupen | officer: PRESIDENT, GLOBAL BUS. UNITS | −500 | $862.14 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Lumentum | $973.07 | +1.95% | $74.26B | — | 45.1 | 24.6 | +109.3% |
| Coherent | $312.62 | −2.77% | $62.90B | 78.2 | 33.4 | 8.8 | +33.7% |
| Broadcom | $362.95 | +0.08% | $1.73T | 46.3 | 20.9 | 19.4 | +85.5% |
| Marvell Technology | $262.51 | +1.99% | $225.40B | 85.3 | 48.0 | 23.9 | +36.6% |
| Ciena | $372.20 | +1.71% | $51.80B | 81.7 | 35.9 | 8.6 | +37.0% |
| Cisco Systems | $107.16 | −3.86% | $439.31B | 33.5 | 20.9 | 6.9 | +17.6% |
| Median | 78.2 | 33.4 | 8.8 | +36.6% |