Lumentum Receives $629 Average Price Target from Analysts

Eighteen research firms cover the optical technology company, with a 'Moderate Buy' consensus rating.

Apr. 18, 2026 at 7:11am

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Shares of Lumentum Holdings Inc. (NASDAQ:LITE) have received an average price target of $629.44 from the eighteen research firms covering the company, according to MarketBeat.com. The analysts have issued a 'Moderate Buy' consensus rating, with seven hold recommendations, ten buy recommendations, and one strong buy.

Why it matters

Lumentum is a leading provider of photonic technologies for high-speed optical communications and industrial applications. Positive analyst sentiment and a strong average price target suggest confidence in the company's growth prospects and ability to capitalize on trends in cloud data centers, 5G networks, and advanced manufacturing.

The details

The average 12-month price target among the analysts covering Lumentum over the past year is $629.44. Several firms have recently adjusted their price targets, including Needham & Company raising its target to $850 with a 'buy' rating, and Mizuho boosting its target to $930 with an 'outperform' rating.

  • Lumentum reported its fiscal Q3 2026 results on February 3, 2026.
  • The company provided Q3 2026 guidance on February 3, 2026.

The players

Lumentum Holdings Inc.

A leading provider of photonic technologies for high-speed optical communications and advanced industrial applications, headquartered in San Jose, California.

Needham & Company LLC

A research firm that raised its price target on Lumentum to $850 with a 'buy' rating.

Mizuho

A research firm that boosted its price target on Lumentum to $930 with an 'outperform' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, Grocery employee

The takeaway

Lumentum's strong analyst coverage and price targets reflect the company's leadership position in key growth markets like 5G, cloud, and industrial automation. As a provider of critical photonic components, Lumentum is well-positioned to benefit from ongoing technology trends driving demand for high-speed connectivity and advanced manufacturing.