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

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Analyst price target for LITE

Based on 11 analysts offering 12 month price targets for Lumentum Holdings Inc.
Min Forecast
$95.00+28.43%
Avg Forecast
$109.27+47.73%
Max Forecast
$125.00+68.99%

Should I buy or sell LITE stock?

Based on 11 analysts offering ratings for Lumentum Holdings Inc.
Strong Buy
Strong Buy
7 analysts 63.64%
Buy
3 analysts 27.27%
Hold
1 analysts 9.09%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LITE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Top 15%
86
Strong BuyInitiates Coverage On$105.00+41.95%2022-09-06
Morgan Stanley
Top 4%
97
HoldMaintains$98.00+32.49%2022-08-17
Raymond James
Bottom 4%
4
BuyMaintains$114.00+54.12%2022-08-17
Barclays
Bottom 13%
13
Strong BuyMaintains$95.00+28.43%2022-07-25
JP Morgan
Top 9%
92
Strong BuyMaintains$100.00+35.19%2022-07-14
Susquehanna
Top 7%
94
Strong BuyMaintains$110.00+48.71%2022-05-05
Craig-Hallum
Top 32%
69
BuyMaintains$115.00+55.47%2022-04-14
Rosenblatt
Bottom 18%
18
Strong BuyMaintains$125.00+68.99%2022-03-24
Northland Securities
Top 17%
84
BuyMaintains$120.00+62.23%2022-03-09
Anonymous
Morgan Stanley
HoldMaintains$97.00+31.13%2022-02-04

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Forecast return on equity

Is LITE forecast to generate an efficient return?
Company
22.66%
Industry
33%
Market
122.96%
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
10.21%
Industry
14%
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
$4.93+76.7%
Avg 2 year Forecast
$5.98+114.34%
Avg 3 year Forecast
$6.24+123.66%
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
$2.2B+26.77%
Avg 2 year Forecast
$2.4B+41.7%
Avg 3 year Forecast
$2.5B+43.36%
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
36.08%
Industry
9.24%
Market
17.18%
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
14.34%
Industry
4.76%
Market
8.5%
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$73.97$109.27+47.73%Strong Buy
CIEN$41.93$62.50+49.06%Strong Buy
VIAV$14.24$17.00+19.38%Buy
VSAT$40.24$56.50+40.41%Buy
COMM$11.70$10.00-14.53%Hold

Lumentum Holdings Stock Forecast FAQ

Is Lumentum Holdings Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: LITE) stock is to Strong Buy LITE stock.

Out of 11 analysts, 7 (63.64%) are recommending LITE as a Strong Buy, 3 (27.27%) are recommending LITE as a Buy, 1 (9.09%) are recommending LITE as a Hold, 0 (0%) are recommending LITE as a Sell, and 0 (0%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: LITE) Lumentum Holdings's forecast annual earnings growth rate of 36.08% is forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 9.24%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17.18%.

Lumentum Holdings's earnings in 2022 is $198,900,000.On average, 6 Wall Street analysts forecast LITE's earnings for 2023 to be $335,733,000, with the lowest LITE earnings forecast at $328,242,000, and the highest LITE earnings forecast at $344,586,000. On average, 4 Wall Street analysts forecast LITE's earnings for 2024 to be $407,238,000, with the lowest LITE earnings forecast at $372,507,000, and the highest LITE earnings forecast at $437,202,000.

In 2025, LITE is forecast to generate $424,944,000 in earnings, with the lowest earnings forecast at $424,944,000 and the highest earnings forecast at $424,944,000.

What is LITE's revenue growth forecast for 2023-2025?

(NASDAQ: LITE) Lumentum Holdings's forecast annual revenue growth rate of 14.34% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 4.76%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.5%.

Lumentum Holdings's revenue in 2022 is $1,712,600,000.On average, 6 Wall Street analysts forecast LITE's revenue for 2023 to be $147,843,806,100, with the lowest LITE revenue forecast at $145,100,670,000, and the highest LITE revenue forecast at $150,050,178,000. On average, 4 Wall Street analysts forecast LITE's revenue for 2024 to be $165,256,567,500, with the lowest LITE revenue forecast at $158,085,297,000, and the highest LITE revenue forecast at $170,965,050,000.

In 2025, LITE is forecast to generate $167,195,715,000 in revenue, with the lowest revenue forecast at $167,195,715,000 and the highest revenue forecast at $167,195,715,000.

What is LITE's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: LITE) forecast ROA is 10.21%, which is lower than the forecast US Communication Equipment industry average of 14%.

What is LITE's Price Target?

According to 11 Wall Street analysts that have issued a 1 year LITE price target, the average LITE price target is $109.27, with the highest LITE stock price forecast at $125.00 and the lowest LITE stock price forecast at $95.00.

On average, Wall Street analysts predict that Lumentum Holdings's share price could reach $109.27 by Sep 6, 2023. The average Lumentum Holdings stock price prediction forecasts a potential upside of 47.73% from the current LITE share price of $73.97.

What is LITE's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: LITE) Lumentum Holdings's current Earnings Per Share (EPS) is $2.79. On average, analysts forecast that LITE's EPS will be $4.93 for 2023, with the lowest EPS forecast at $4.82, and the highest EPS forecast at $5.06. On average, analysts forecast that LITE's EPS will be $5.98 for 2024, with the lowest EPS forecast at $5.47, and the highest EPS forecast at $6.42. In 2025, LITE's EPS is forecast to hit $6.24 (min: $6.24, max: $6.24).

What is LITE's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: LITE) forecast ROE is 22.66%, which is considered strong.
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