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NASDAQ: LITE
LUMENTUM HOLDINGS INC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LITE

Based on 12 analysts offering 12 month price targets for LUMENTUM HOLDINGS INC.
Min Forecast
$86.00+2.81%
Avg Forecast
$108.17+29.31%
Max Forecast
$125.00+49.43%

Should I buy or sell LITE stock?

Based on 12 analysts offering ratings for LUMENTUM HOLDINGS INC.
Strong Buy
Strong Buy
6 analysts 50%
Buy
4 analysts 33.33%
Hold
2 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

LITE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Susquehanna
Top 6%
95
Strong BuyMaintains$110.00+31.50%2022-05-05
Raymond James
Bottom 8%
8
BuyMaintains$118.00+41.06%2022-05-05
Morgan Stanley
Top 5%
96
HoldMaintains$94.00+12.37%2022-05-02
Barclays
Bottom 19%
19
Strong BuyMaintains$100.00+19.55%2022-04-25
Craig-Hallum
Top 28%
73
BuyMaintains$115.00+37.48%2022-04-14
Rosenblatt
Bottom 17%
17
Strong BuyMaintains$125.00+49.43%2022-03-24
Northland Securities
Top 19%
82
BuyMaintains$120.00+43.45%2022-03-09
Anonymous
Morgan Stanley
HoldMaintains$97.00+15.96%2022-02-04
Rosenblatt
Top 4%
97
Strong BuyMaintains$115.00+37.48%2022-02-04
JP Morgan
Top 10%
91
Strong BuyUpgrades$110.00+31.50%2022-01-26

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Forecast return on equity

Is LITE forecast to generate an efficient return?
Company
19.7%
Industry
-26.98%
Market
38.98%
LITE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LITE forecast to generate an efficient return on assets?
Company
9.11%
Industry
12.79%
LITE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LITE earnings per share forecast

What is LITE's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.72+83.66%
Avg 2 year Forecast
$5.60+117.9%
Avg 3 year Forecast
$5.46+112.45%
LITE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

LITE revenue forecast

What is LITE's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.7B+1.69%
Avg 2 year Forecast
$1.9B+15.31%
Avg 3 year Forecast
$2.3B+36.63%
LITE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LITE earnings growth forecast

How is LITE forecast to perform vs Communication Equipment companies and vs the US market?
Company
45.15%
Industry
9.46%
Market
16.32%
LITE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
LITE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
LITE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

LITE revenue growth forecast

How is LITE forecast to perform vs Communication Equipment companies and vs the US market?
Company
8.28%
Industry
4.38%
Market
8.09%
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$83.65$108.17+29.31%Strong Buy
CIEN$48.87$75.00+53.47%Buy
VIAV$14.17$19.00+34.09%Hold
VSAT$40.82$56.33+38.00%Buy
JNPR$29.72$36.82+23.88%Buy
View Top Communication Equipment Stocks

LUMENTUM HOLDINGS Stock Forecast FAQ

Is LUMENTUM HOLDINGS Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: LITE) stock is to Strong Buy LITE stock.

Out of 12 analysts, 6 (50%) are recommending LITE as a Strong Buy, 4 (33.33%) are recommending LITE as a Buy, 2 (16.67%) are recommending LITE as a Hold, 0 (0%) are recommending LITE as a Sell, and 0 (0%) are recommending LITE as a Strong Sell.

What is LITE's earnings growth forecast for 2022-2024?

(NASDAQ: LITE) LUMENTUM HOLDINGS's forecast annual earnings growth rate of 45.15% is forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 9.46%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.32%.

LUMENTUM HOLDINGS's earnings in 2022 is $185,700,000.On average, 6 Wall Street analysts forecast LITE's earnings for 2022 to be $325,680,000, with the lowest LITE earnings forecast at $300,840,000, and the highest LITE earnings forecast at $331,890,000. On average, 6 Wall Street analysts forecast LITE's earnings for 2023 to be $386,400,000, with the lowest LITE earnings forecast at $349,140,000, and the highest LITE earnings forecast at $422,280,000.

In 2024, LITE is forecast to generate $376,740,000 in earnings, with the lowest earnings forecast at $376,740,000 and the highest earnings forecast at $376,740,000.

What is LITE's revenue growth forecast for 2022-2024?

(NASDAQ: LITE) LUMENTUM HOLDINGS's forecast annual revenue growth rate of 8.28% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 4.38%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.09%.

LUMENTUM HOLDINGS's revenue in 2022 is $1,682,600,000.On average, 6 Wall Street analysts forecast LITE's revenue for 2022 to be $118,055,964,000, with the lowest LITE revenue forecast at $117,807,840,000, and the highest LITE revenue forecast at $118,321,200,000. On average, 6 Wall Street analysts forecast LITE's revenue for 2023 to be $133,879,044,000, with the lowest LITE revenue forecast at $128,878,200,000, and the highest LITE revenue forecast at $147,339,840,000.

In 2024, LITE is forecast to generate $158,625,480,000 in revenue, with the lowest revenue forecast at $136,787,670,000 and the highest revenue forecast at $180,463,290,000.

What is LITE's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: LITE) forecast ROA is 9.11%, which is lower than the forecast US Communication Equipment industry average of 12.79%.

What is LITE's Price Target?

According to 12 Wall Street analysts that have issued a 1 year LITE price target, the average LITE price target is $108.17, with the highest LITE stock price forecast at $125.00 and the lowest LITE stock price forecast at $86.00.

On average, Wall Street analysts predict that LUMENTUM HOLDINGS's share price could reach $108.17 by May 5, 2023. The average LUMENTUM HOLDINGS stock price prediction forecasts a potential upside of 29.31% from the current LITE share price of $83.65.

What is LITE's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: LITE) LUMENTUM HOLDINGS's current Earnings Per Share (EPS) is $2.57. On average, analysts forecast that LITE's EPS will be $4.72 for 2022, with the lowest EPS forecast at $4.36, and the highest EPS forecast at $4.81. On average, analysts forecast that LITE's EPS will be $5.60 for 2023, with the lowest EPS forecast at $5.06, and the highest EPS forecast at $6.12. In 2024, LITE's EPS is forecast to hit $5.46 (min: $5.46, max: $5.46).

What is LITE's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: LITE) forecast ROE is 19.7%, which is considered weak.
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