Professional
Added to YB: 2025-01-20
Pitch date: 2025-01-17
LITE [bullish]
Lumentum Holdings Inc.
+569.09%
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
$95.00
Price Target
125.00 (-80%)
Dividend
N/A
EV/EBITDA
153.05
P/E
175.50
EV/Sales
20.50
Sector
Communications Equipment
Category
growth
Show full summary:
Barclays Upgrades Lumentum (LITE) to Overweight, Raises Price Target to $125
LITE: Barclays upgrades to Overweight, PT $125 from $80. Hyperscalers rapidly qualifying LITE's module biz beyond GOOGL. Massive port count increase & US supply chain preference driving growth. 2025 outlook: port count +59% YoY, Datacom rev +76% YoY. CY26E EPS $4.91 vs Street $4.36.
Read full article (1 min)