Lumentum (NASDAQ:LITE) Updates Q2 2025 Earnings Guidance

Lumentum (NASDAQ:LITE) updated its second quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.300-0.40 for the period, compared to the consensus EPS estimate of 0.270. The company issued revenue guidance of $380.0 million-$400.0 million, compared to the consensus revenue estimate of $354.3 million. Lumentum also updated its Q2 guidance to $0.30-$0.40 EPS.

Lumentum Trading Up 13.9 %

Lumentum stock traded up $10.21 during trading on Friday, hitting $83.85. The company had a trading volume of 7,369,004 shares, compared to its average volume of 1,490,137. The company has a current ratio of 5.90, a quick ratio of 4.43 and a debt-to-equity ratio of 2.61. The company’s 50 day simple moving average is $63.25 and its 200-day simple moving average is $54.07. Lumentum has a 1-year low of $38.28 and a 1-year high of $88.00. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of -10.13, a price-to-earnings-growth ratio of 7.34 and a beta of 0.88.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings results on Wednesday, August 14th. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.03. The company had revenue of $308.30 million for the quarter, compared to the consensus estimate of $301.36 million. Lumentum had a negative return on equity of 4.79% and a negative net margin of 40.21%. Lumentum’s revenue was down 16.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 EPS. As a group, analysts expect that Lumentum will post 0.17 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on LITE shares. Raymond James raised their price objective on shares of Lumentum from $70.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday. Barclays raised their target price on shares of Lumentum from $38.00 to $40.00 and gave the company an “underweight” rating in a research note on Thursday, August 15th. B. Riley upped their price target on Lumentum from $40.00 to $50.00 and gave the stock a “neutral” rating in a report on Thursday, August 15th. JPMorgan Chase & Co. raised their target price on Lumentum from $57.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, August 12th. Finally, Bank of America upped their price target on shares of Lumentum from $45.00 to $50.00 and gave the company an “underperform” rating in a report on Thursday, August 15th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $70.08.

About Lumentum

Lumentum Holdings Inc manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.