Lumentum (LITE) Projected to Post Quarterly Earnings on Tuesday

Lumentum (NASDAQ:LITE) is projected to announce its Q3 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect Lumentum to post earnings of $0.48 per share and revenue of $418.18 million for the quarter.

Lumentum (NASDAQ:LITE) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.27 by ($0.41). Lumentum had a negative net margin of 36.98% and a negative return on equity of 7.25%. On average, analysts expect Lumentum to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Lumentum Stock Up 2.2 %

NASDAQ:LITE opened at $62.86 on Monday. The company has a quick ratio of 3.60, a current ratio of 4.76 and a debt-to-equity ratio of 2.94. Lumentum has a 12-month low of $38.29 and a 12-month high of $104.00. The stock’s fifty day simple moving average is $60.59 and its 200-day simple moving average is $74.77. The firm has a market capitalization of $4.35 billion, a P/E ratio of -8.17 and a beta of 1.18.

Analyst Ratings Changes

LITE has been the topic of a number of recent analyst reports. B. Riley upped their price target on Lumentum from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Barclays decreased their price target on shares of Lumentum from $125.00 to $70.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. UBS Group raised their price objective on Lumentum from $93.00 to $96.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Raymond James upgraded Lumentum from an “outperform” rating to a “strong-buy” rating and lowered their price target for the stock from $96.00 to $82.00 in a report on Monday, March 24th. Finally, Rosenblatt Securities cut their price objective on Lumentum from $110.00 to $85.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Lumentum has an average rating of “Moderate Buy” and a consensus price target of $82.60.

Insider Activity at Lumentum

In other news, CFO Wajid Ali sold 2,172 shares of Lumentum stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $78.34, for a total value of $170,154.48. Following the completion of the transaction, the chief financial officer now owns 51,976 shares of the company’s stock, valued at $4,071,799.84. This trade represents a 4.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.19% of the company’s stock.

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.