LUMENTUM HOLDINGS INC (LITE) Stock Price, Quote, News and Overview
NASDAQ:LITE - Nasdaq - US55024U1097 - Common Stock - Currency: USD
LITE Quote, Performance and Key Statistics
LUMENTUM HOLDINGS INC
NASDAQ:LITE (1/30/2025, 8:00:02 PM)
After market: 84.36 +0.38 (+0.45%)83.98
+6.07 (+7.79%)
The current stock price of LITE is 83.98 USD. In the past month the price increased by 0.17%. In the past year, price increased by 48.69%.
LITE Latest News, Press Releases and Analysis
These 2 Artificial Intelligence (AI) Stocks Are Outpacing Nvidia's, and They Can Still Soar Higher
These 2 Artificial Intelligence (AI) Stocks Are Outpacing Nvidia's, and They Can Still Soar Higher
Nvidia stock has been one of the biggest winners of the artificial intelligence (AI) revolution in the past couple of years, clocking remarkable gains of nearly 800% over the past two years on account of the red-hot demand for its data center graphics cards, but the past three months have been difficult for the chipmaker. What's more, Nvidia's guidance was also better than what analysts were looking for. Meanwhile, two other little-known chip companies have received a big boost in the past three months thanks to the positive impact of AI on their businesses: Ambarella (NASDAQ: AMBA) and Lumentum Holdings (NASDAQ: LITE).
LITE Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CSCO | CISCO SYSTEMS INC | 17.13 | 240.84B | ||
| ANET | ARISTA NETWORKS INC | 53.21 | 143.44B | ||
| MSI | MOTOROLA SOLUTIONS INC | 34.52 | 78.98B | ||
| ERIC | ERICSSON (LM) TEL-SP ADR | 48.25 | 25.72B | ||
| NOK | NOKIA CORP-SPON ADR | 14.24 | 25.30B | ||
| UI | UBIQUITI INC | 60.97 | 24.11B | ||
| FFIV | F5 INC | 21.88 | 17.67B | ||
| CIEN | CIENA CORP | 46.51 | 12.03B | ||
| JNPR | JUNIPER NETWORKS INC | 20.34 | 11.32B | ||
| CALX | CALIX INC | 78.78 | 2.66B | ||
| VIAV | VIAVI SOLUTIONS INC | 32.23 | 2.22B | ||
| EXTR | EXTREME NETWORKS INC | 141.82 | 2.06B |
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About LITE
Company Profile
Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 7,257 full-time employees. The company went IPO on 2015-07-23. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.
Company Info
LUMENTUM HOLDINGS INC
1001 Ridder Park Dr
San Jose CALIFORNIA 95131 US
CEO: Alan Lowe
Employees: 7257
Company Website: https://investor.lumentum.com/
Investor Relations: https://investor.lumentum.com/
Phone: 14085465483
LITE FAQ
What is the stock price of LITE?
The current stock price of LITE is 83.98 USD.
What is the symbol for LUMENTUM HOLDINGS INC stock?
The exchange symbol of LUMENTUM HOLDINGS INC is LITE and it is listed on the Nasdaq exchange.
On which exchange is LITE stock listed?
LITE stock is listed on the Nasdaq exchange.
Is LITE a good stock to buy?
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for LITE, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of LITE.
Does LITE stock pay dividends?
LITE does not pay a dividend.
When does LITE stock report earnings?
LITE will report earnings on 2025-02-06, after the market close.
What is the Price/Earnings (PE) ratio of LITE?
The PE ratio for LITE is 98.8. This is based on the reported non-GAAP earnings per share of 0.85 and the current share price of 83.98 USD.
What is the Short Interest ratio of LITE stock?
The outstanding short interest for LITE is 16.71% of its float.
LITE Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to LITE. When comparing the yearly performance of all stocks, LITE is one of the better performing stocks in the market, outperforming 89.63% of all stocks.
LITE Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to LITE. While LITE seems to be doing ok healthwise, there are quite some concerns on its profitability.
LITE Financial Highlights
Over the last trailing twelve months LITE reported a non-GAAP Earnings per Share(EPS) of 0.85. The EPS increased by -73.52% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -14.13% | ||
| ROE | -62.62% | ||
| Debt/Equity | 2.87 |
LITE Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 75% to LITE. The Buy consensus is the average rating of analysts ratings from 23 analysts.
For the next year, analysts expect an EPS growth of 57.57% and a revenue growth 17.55% for LITE