Added to YB: 2026-03-05
Pitch date: 2026-03-03
LITE [neutral]
Lumentum Holdings Inc.
-6.23%
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
$55.9B
Pitch Price
$726.00
Price Target
392.00 (-44%)
Dividend
N/A
EV/EBITDA
206.00
P/E
239.44
EV/Sales
27.59
Sector
Communications Equipment
Category
growth
Lumentum (LITE) Executive Summary: Assessing the Gap Between AI Fundamentals and Market Price
LITE (overview): AI infra supplier w/ $665M Q2 rev (+65% YoY), guiding $780-830M Q3 (+85% YoY). OCS backlog >$400M, exiting 2026 at $100M+ qtrly run rate. InP fab sold out through 2027, undershipping demand 25-30%. NVDA $2B investment validates tech leadership. Path to $4B rev by 2027. BUT: stock up 1,850% in 18 months to $783, extreme parabola w/ no consolidation, heavy insider selling, smart money buying $800 puts. Risk of 30-50% correction despite strong fundamentals.
Read full article (7 min)