Added to YB: 2026-02-16
Pitch date: 2026-02-12
LITE [neutral]
Lumentum Holdings Inc.
+9.3%
current return
Author Info
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Company Info
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Market Cap
$41.0B
Pitch Price
$581.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
153.05
P/E
175.50
EV/Sales
20.50
Sector
Communications Equipment
Category
growth
Lumentum | Earnings Review: All of the LITEs
LITE (earnings): Q2 crushed w/ 42.5% GM (+250bps), 25.2% op margin (+320bps vs guide), $1.67 EPS (20% beat). Q3 guide: $805M rev (18% above consensus), 30-31% op margin. OCS backlog >$400M, now 3 customers vs 1, $10M/qtr run rate hit early. CPO: multi-$100M order for H1'27, ~$50M/qtr by CY26 Q4. 200G EML 2x ASP vs 100G, capacity bottleneck persists despite 40% expansion.
Read full article (10 min)