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

Analyst price target for LITE

Based on 14 analysts offering 12 month price targets for Lumentum Holdings Inc.
Min Forecast
$40.00-12.43%
Avg Forecast
$52.39+14.7%
Max Forecast
$62.00+35.73%

Should I buy or sell LITE stock?

Based on 14 analysts offering ratings for Lumentum Holdings Inc.
Buy
Strong Buy
5 analysts 35.71%
Buy
2 analysts 14.29%
Hold
5 analysts 35.71%
Sell
1 analysts 7.14%
Strong Sell
1 analysts 7.14%

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LITE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Craig-Hallum
Bottom 17%
17
HoldMaintains$53.00+16.02%2023-08-18
B. Riley Securities
Top 12%
89
HoldMaintains$45.00-1.49%2023-08-18
Stifel Nicolaus
Top 6%
95
Strong BuyMaintains$55.00+20.40%2023-08-18
JP Morgan
Top 5%
96
Strong BuyMaintains$57.00+24.78%2023-08-18
UBS
Top 18%
83
HoldMaintains$49.00+7.27%2023-08-18
Raymond James
Bottom 6%
6
BuyMaintains$51.50+12.74%2023-08-18
Rosenblatt
Top 16%
85
Strong BuyUpgrades$62.00+35.73%2023-08-18
Needham
Top 2%
99
BuyReiterates$59.00+29.16%2023-08-18
Susquehanna
Top 2%
99
Strong BuyMaintains$60.00+31.35%2023-07-25
Bank of America
Top 2%
99
SellDowngrades$50.00+9.46%2023-07-18

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Forecast return on equity

Is LITE forecast to generate an efficient return?
Company
30.7%
Industry
30.99%
Market
58.28%
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
8.99%
Industry
13.48%
LITE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LITE revenue growth forecast

How is LITE forecast to perform vs Communication Equipment companies and vs the US market?
Company
17.87%
Industry
2.57%
Market
8.32%
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$45.68$52.39+14.70%Buy
EXTR$24.48$31.57+28.97%Buy
CRDO$15.94$18.00+12.92%Strong Buy
VSAT$17.99$51.50+186.27%Buy
BDC$96.48$116.67+20.92%Strong Buy

Lumentum Holdings Stock Forecast FAQ

Is Lumentum Holdings Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NASDAQ: LITE) stock is to Buy LITE stock.

Out of 14 analysts, 5 (35.71%) are recommending LITE as a Strong Buy, 2 (14.29%) are recommending LITE as a Buy, 5 (35.71%) are recommending LITE as a Hold, 1 (7.14%) are recommending LITE as a Sell, and 1 (7.14%) 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 forecast return on equity (ROE) for 2024-2025?

(NASDAQ: LITE) forecast ROE is 30.7%, which is considered strong.

What is LITE's Price Target?

According to 14 Wall Street analysts that have issued a 1 year LITE price target, the average LITE price target is $52.39, with the highest LITE stock price forecast at $62.00 and the lowest LITE stock price forecast at $40.00.

On average, Wall Street analysts predict that Lumentum Holdings's share price could reach $52.39 by Aug 18, 2024. The average Lumentum Holdings stock price prediction forecasts a potential upside of 14.7% from the current LITE share price of $45.68.

What is LITE's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: LITE) forecast ROA is 8.99%, which is lower than the forecast US Communication Equipment industry average of 13.48%.
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