WallStreetZenWallStreetZen

NASDAQ: LITE
Lumentum Holdings Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LITE

Based on 9 analysts offering 12 month price targets for Lumentum Holdings Inc.
Min Forecast
$41.00-2.4%
Avg Forecast
$53.67+27.75%
Max Forecast
$65.00+54.73%

Should I buy or sell LITE stock?

Based on 9 analysts offering ratings for Lumentum Holdings Inc.
Buy
Strong Buy
4 analysts 44.44%
Buy
2 analysts 22.22%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%

Be the first to know when Wall Street analysts revise their LITE stock forecasts and price targets.

LITE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-02-09
lockedlocked$00.00+00.00%2024-02-09
Rosenblatt
Bottom 9%
9
Strong BuyMaintains$65.00+54.73%2024-02-09
Needham
Top 1%
100
BuyReiterates$50.00+19.02%2024-02-09
Barclays
Top 21%
80
Strong SellMaintains$45.00+7.12%2024-01-16
Morgan Stanley
Top 6%
95
HoldMaintains$45.00+7.12%2023-10-27

1 of 1

Forecast return on equity

Is LITE forecast to generate an efficient return?
Company
N/A
Industry
15.71%
Market
19.16%

Forecast return on assets

Is LITE forecast to generate an efficient return on assets?
Company
N/A
Industry
7.27%

LITE revenue forecast

What is LITE's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.4B-3.69%
Avg 2 year Forecast
$1.7B+16.91%
Avg 3 year Forecast
$1.9B+33.96%
LITE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LITE revenue growth forecast

How is LITE forecast to perform vs Communication Equipment companies and vs the US market?
Company
7.68%
Industry
0.76%
Market
9.03%
LITE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LITE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LITE vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
LITE$42.01$53.67+27.75%Buy
CRDO$18.17$27.20+49.70%Strong Buy
BDC$82.89$94.50+14.01%Strong Buy
VSAT$15.33$31.50+105.48%Buy
VIAV$7.97$12.83+61.02%Buy
View Top Communication Equipment Stocks

Lumentum Holdings Stock Forecast FAQ

Is Lumentum Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: LITE) stock is to Buy LITE stock.

Out of 9 analysts, 4 (44.44%) are recommending LITE as a Strong Buy, 2 (22.22%) are recommending LITE as a Buy, 2 (22.22%) are recommending LITE as a Hold, 0 (0%) are recommending LITE as a Sell, and 1 (11.11%) are recommending LITE as a Strong Sell.

If you're new to stock investing, here's how to buy Lumentum Holdings stock.

What is LITE's revenue growth forecast for 2024-2026?

(NASDAQ: LITE) Lumentum Holdings's forecast annual revenue growth rate of 7.68% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.76%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Lumentum Holdings's revenue in 2024 is $1,438,600,000.On average, 7 Wall Street analysts forecast LITE's revenue for 2024 to be $93,384,317,600, with the lowest LITE revenue forecast at $92,533,460,000, and the highest LITE revenue forecast at $94,315,516,000. On average, 7 Wall Street analysts forecast LITE's revenue for 2025 to be $113,362,553,800, with the lowest LITE revenue forecast at $107,849,436,000, and the highest LITE revenue forecast at $120,841,460,000.

In 2026, LITE is forecast to generate $129,888,090,200 in revenue, with the lowest revenue forecast at $125,701,000,000 and the highest revenue forecast at $133,588,148,000.

What is LITE's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: LITE) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 7.27%.

What is LITE's Price Target?

According to 9 Wall Street analysts that have issued a 1 year LITE price target, the average LITE price target is $53.67, with the highest LITE stock price forecast at $65.00 and the lowest LITE stock price forecast at $41.00.

On average, Wall Street analysts predict that Lumentum Holdings's share price could reach $53.67 by Apr 11, 2025. The average Lumentum Holdings stock price prediction forecasts a potential upside of 27.75% from the current LITE share price of $42.01.

What is LITE's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: LITE) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.