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Lumentum Holdings (LITE)
NASDAQ:LITE
Holding LITE?
Track your performance easily
See the Price Targets and Ratings of:
LITE Analyst Ratings
Moderate Buy
8 Buy
3 Hold
2 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
LITE Stock 12 Month Forecast
Average Price Target
$62.33
▼(-13.39% Downside)
| Highest Price Target$80.00 | Average Price Target$62.33 | Lowest Price Target$40.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Craig-Hallum
Assigned
11/06/24
J.P. Morgan
Reiterated
11/04/24
Susquehanna
Reiterated
10/21/24
Morgan Stanley
Reiterated
10/17/24
Raymond James
Reiterated
10/04/24
B.Riley Financial
Reiterated
09/06/24
Loop Capital Markets
Reiterated
08/20/24
Northland Securities
Reiterated
08/16/24
Bank of America Securities
Assigned
08/15/24
Stifel Nicolaus
Reiterated
08/15/24
Jefferies
$65
Buy
-9.68%
Downside
Reiterated
08/15/24
Analysts Offer Insights on Technology Companies: Lumentum Holdings (NASDAQ: LITE) and Riskified (NYSE: RSKD)
Barclays
$40
Sell
-44.42%
Downside
Reiterated
08/15/24
Barclays Keeps Their Sell Rating on Lumentum Holdings (LITE)
Rosenblatt Securities
$65→$69
Buy
-4.13%
Downside
Reiterated
08/15/24
Lumentum (LITE) PT Raised to $69 at RosenblattRosenblatt analyst Mike Genovese raised the price target on Lumentum (NASDAQ: LITE) to $69.00 (from $65.00) while maintaining a Buy rating.
UBS
$52→$51
Hold
-29.14%
Downside
Reiterated
05/07/24
Lumentum (LITE) PT Lowered to $51 at UBSUBS analyst David Vogt lowered the price target on Lumentum (NASDAQ: LITE) to $51.00 (from $52.00) while maintaining a Neutral rating.
Best Analysts Covering Lumentum Holdings
Which Analyst Should I Follow If I Want to Buy LITE and Sell After:
1 Month
xxx
Success Rate
24/43 ratings generated profit
Average Return
+2.21%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 55.81% of your transactions generating a profit, with an average return of +2.21% per trade.
3 Months
xxx
Success Rate
27/47 ratings generated profit
Average Return
+7.13%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 57.45% of your transactions generating a profit, with an average return of +7.13% per trade.
1 Year
Success Rate
29/43 ratings generated profit
Average Return
+19.96%
reiterated a buy rating 3 months ago
Copying Michael Genovese's trades and holding each position for 1 Year would result in 67.44% of your transactions generating a profit, with an average return of +19.96% per trade.
2 Years
xxx
Success Rate
31/43 ratings generated profit
Average Return
+33.26%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 72.09% of your transactions generating a profit, with an average return of +33.26% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
LITE Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
2
2
0
0
0
Buy
7
14
10
11
4
Hold
2
5
5
6
3
Sell
2
4
2
2
0
Strong Sell
0
0
0
0
0
total
13
25
17
19
7
Each month's total comprises the sum of three months' worth of ratings.
LITE Financial Forecast
LITE Stock Forecast FAQ
What is LITE’s average 12-month price target, according to analysts?
Based on analyst ratings, Lumentum Holdings’s 12-month average price target is $62.33.
What is LITE’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for LITE, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is LITE a Buy, Sell or Hold?
Lumentum Holdings has a consensus rating of Moderate Buy which is based on 8 buy ratings, 3 hold ratings and 2 sell ratings.
What is Lumentum Holdings’s price target?
The average price target for Lumentum Holdings is $62.33. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $80.00 ,the lowest forecast is $40.00. The average price target represents -13.39% Decrease from the current price of $71.97.
The highest analyst price target is $80.00 ,the lowest forecast is $40.00. The average price target represents -13.39% Decrease from the current price of $71.97.
What do analysts say about Lumentum Holdings?
Lumentum Holdings’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
How can I buy shares of LITE?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.