Several brokerages have updated their recommendations and price targets on shares of Lumentum (NASDAQ: LITE) in the last few weeks:
- 8/31/2026 – Lumentum is now covered by Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $1,200.00 price target on the stock.
- 8/31/2026 – Lumentum is now covered by Evercore Inc. They set an “outperform” rating and a $1,100.00 price target on the stock.
- 8/31/2026 – Lumentum is now covered by Evercore Inc. They set an “outperform” rating and a $1,100.00 price target on the stock.
- 8/31/2026 – Lumentum is now covered by Evercore Inc. They set an “outperform” rating and a $1,100.00 price target on the stock.
- 8/21/2026 – Lumentum had its “outperform” rating reaffirmed by Wolfe Research.
- 8/20/2026 – Lumentum was upgraded by Zacks Research from “hold” to “strong-buy”.
- 8/19/2026 – Lumentum was downgraded by Weiss Ratings from “hold (c-)” to “sell (d-)”.
- 8/12/2026 – Lumentum was given a new $820.00 price target by UBS Group AG.
- 8/12/2026 – Lumentum had its price target raised by TD Cowen from $800.00 to $820.00. They now have a “hold” rating on the stock.
- 8/12/2026 – Lumentum had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $1,036.00 price target on the stock.
- 8/12/2026 – Lumentum had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $1,040.00 price target on the stock.
- 8/12/2026 – Lumentum had its price target raised by Mizuho from $1,100.00 to $1,140.00. They now have an “outperform” rating on the stock.
- 8/12/2026 – Lumentum had its “buy” rating reaffirmed by Citigroup Inc..
- 8/12/2026 – Lumentum had its price target raised by Morgan Stanley from $900.00 to $1,000.00. They now have an “equal weight” rating on the stock.
- 8/12/2026 – Lumentum had its price target lowered by Bank of America Corporation from $1,100.00 to $1,000.00. They now have a “neutral” rating on the stock.
- 8/12/2026 – Lumentum had its price target raised by JPMorgan Chase & Co. from $1,165.00 to $1,280.00. They now have an “overweight” rating on the stock.
- 8/12/2026 – Lumentum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $1,300.00 price target on the stock.
- 8/5/2026 – Lumentum was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
- 7/17/2026 – Lumentum had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 7/16/2026 – Lumentum had its “buy” rating reaffirmed by Citigroup Inc..
- 7/13/2026 – Lumentum had its price target lowered by TD Cowen from $995.00 to $800.00. They now have a “hold” rating on the stock.
Insider Buying and Selling
In other Lumentum news, insider Vincent Retort sold 38,663 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $852.59, for a total value of $32,963,687.17. Following the completion of the sale, the insider owned 78,440 shares of the company’s stock, valued at $66,877,159.60. The trade was a 33.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yuen Wupen sold 1,500 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $827.82, for a total value of $1,241,730.00. Following the sale, the insider owned 100,434 shares of the company’s stock, valued at approximately $83,141,273.88. This trade represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 66,147 shares of company stock valued at $56,741,571 in the last three months. 0.43% of the stock is currently owned by corporate insiders.
The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.
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