Stocks · Technology · Communication Equipment
Lumentum Holdings Inc. LITE
$1,085.42 +3.79% Close, Oct 2, 2026 · NASDAQ · Market cap $84.45B
Strong growthHigh qualityStrong trendExpensive vs sector
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-92.96, down 40517.4% year over year.
- Revenue over the last four quarters was $3.01B, up 83.2% from a year earlier, accelerating from 69.0% a quarter earlier.
- Operating margin widened to 17.4% from -12.3% a year earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 6%
- EPS growth (TTM, YoY)Bottom 1%
- Revenue growth, 3-year CAGRTop 20%
- Revenue growth accelerationTop 8%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 35%
- Gross marginBottom 38%
- Operating marginTop 20%
- Accruals (lower is better)Top 2%
- Interest coverTop 15%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 18%
- Free-cash-flow yieldBottom 31%
- EBITDA / enterprise valueBottom 12%
- Sales / enterprise valueBottom 9%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 1%
- 6-month returnTop 44%
- 1-year return vs S&P 500Top 1%
- Distance from 52-week highTop 1%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 46%
- Consecutive EPS beatsTop 18%
- Share of analysts rating BuyTop 39%
- Upside to consensus price targetBottom 18%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 13%
- Maximum drawdown, 3 yearsTop 28%
- Beta vs S&P 500 (lower is better)Bottom 21%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 69.0% | 83.2% | ↑ |
| Gross margin | 28.0% | 41.7% | ↑ |
| Operating margin | -12.3% | 17.4% | ↑ |
| FCF margin | -6.4% | 18.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 83.2% | 69.0% | ↑ | Top 6% |
| EPS growth (TTM, YoY) | -40517.4% | — | Bottom 1% | |
| Gross margin | 41.7% | 28.0% | ↑ | Bottom 38% |
| Operating margin | 17.4% | -12.3% | ↑ | Top 20% |
| Net margin | -230.1% | 1.6% | ↓ | — |
| Free-cash-flow margin | 18.3% | -6.4% | ↑ | — |
| Return on invested capital | 7.9% | — | Top 35% | |
| Revenue growth, 3-year CAGR | 19.5% | — | Top 20% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -105.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +24.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 24.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -1.84%
- Shareholder yield
- -1.84%
- Share count change, 1 year
- +3.6%
- Share count change, 3-year CAGR
- +3.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Aug 17, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 13
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +9.6%
- Average 2-day reaction, last 8
- +1.5%
- Positive 20 days after report
- 7 of 8
Analysts
- Consensus price target
- $1,102.00
- Target vs current price
- +1.5%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 72%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 11, 2026 | +8.8% | +0.9% | +19.1% | +20.3% | — |
| May 5, 2026 | +4.4% | +1.9% | +7.9% | +5.4% | -29.0% |
| Feb 3, 2026 | +18.4% | +2.8% | +36.3% | +64.0% | +102.7% |
| Nov 4, 2025 | +6.8% | -5.6% | +30.2% | +51.7% | +96.3% |
| Aug 12, 2025 | +8.1% | +4.0% | +3.4% | +31.9% | +63.7% |
| May 6, 2025 | +14.0% | +2.0% | +13.6% | +22.9% | +74.3% |
| Feb 6, 2025 | +23.5% | +3.9% | -11.2% | -31.5% | -29.5% |
| Nov 7, 2024 | +50.0% | +2.3% | +22.4% | +28.7% | +23.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 11, 2026 | $3.23 | $2.97 | +8.8% | $1.01B |
| May 5, 2026 | $2.37 | $2.27 | +4.4% | $808.4M |
| Feb 3, 2026 | $1.67 | $1.41 | +18.4% | $665.5M |
| Nov 4, 2025 | $1.10 | $1.03 | +6.8% | $533.8M |
| Aug 12, 2025 | $0.88 | $0.81 | +8.1% | $480.7M |
| May 6, 2025 | $0.57 | $0.50 | +14.0% | $425.2M |
| Feb 6, 2025 | $0.42 | $0.34 | +23.5% | $402.2M |
| Nov 7, 2024 | $0.18 | $0.12 | +50.0% | $336.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 50.1× | — | — | — |
| EV / Sales | 27.89× | — | — | Bottom 9% |
| Free-cash-flow yield | 0.65% | — | — | Bottom 31% |
| Earnings yield | -8.56% | — | — | Bottom 18% |
P/E over the past five years
Range 16.8× – 174.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +533.3%
- Earnings per share growth (TTM)
- -40517.4%
- Change in P/E multiple
- +369.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 38
- Days above the 200-day average
- 351
- 50-day average slope (20 days)
- +7.7%
- 200-day average slope (20 days)
- +9.3%
- Distance from 50-day average
- +23.5%
- Distance from 200-day average
- +45.6%
- RSI (14)
- 66.7
- Relative volume
- 0.98×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 94.7%
- Volatility vs own 5-year history
- 86th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.12
- Correlation with S&P 500
- 0.45
- Current drawdown from 1-year high
- +0.0%
- Maximum drawdown, 3 years
- -50.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 12, 2021 | Oct 27, 2023 | -66.9% | 703 days | 437 days (Jul 29, 2025) |
| May 11, 2026 | Jul 29, 2026 | -42.8% | 54 days | 46 days (Oct 2, 2026) |
| Mar 2, 2026 | Mar 6, 2026 | -28.7% | 4 days | 12 days (Mar 24, 2026) |
| Jan 6, 2026 | Jan 16, 2026 | -18.4% | 8 days | 10 days (Feb 2, 2026) |
| Mar 24, 2026 | Mar 30, 2026 | -18.4% | 4 days | 3 days (Apr 2, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $84.45B
- EPS, diluted (TTM)
- -$92.96
- Revenue (TTM)
- $3.01B
- 52-week range
- $147.81 – $1,091.61
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $1.71B | $1.77B | $1.36B | $1.65B | $3.01B |
| Gross profit | $788.6M | $569.0M | $251.5M | $459.9M | $1.26B |
| Operating income | $302.2M | -$87.6M | -$361.4M | -$192.2M | $524.8M |
| Net income | $198.9M | -$131.6M | -$546.5M | $25.9M | -$6.94B |
| EPS (diluted) | $2.68 | -$1.93 | -$8.12 | $0.37 | -$92.96 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $336.9M | $402.2M | $425.2M | $480.7M | $533.8M | $665.5M | $808.4M | $1.01B |
| Net income | -$82.4M | -$60.9M | -$44.1M | $213.3M | $4.2M | $78.2M | $144.2M | -$7.16B |
| EPS (diluted) | -$1.21 | -$0.88 | -$0.64 | $2.96 | $0.05 | $0.89 | $1.50 | -$95.40 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $459.3M | $179.8M | $24.7M | $126.3M | $751.4M |
| Capital expenditure | -$91.2M | -$128.5M | -$136.0M | -$231.0M | -$451.3M |
| Free cash flow | $368.1M | $51.3M | -$111.3M | -$104.7M | $300.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$543.9M | -$175.6M | $14.4M | -$41.7M | -$84.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.74B
- Total assets
- $7.31B
- Total liabilities
- $2.66B
- Total debt
- $1.67B
- Net debt
- -$372.3M
- Shareholders’ equity
- $4.64B
As of Jun 27, 2026 (filed Aug 17, 2026).
Short interest
- Shares sold short
- 6,513,349
- Days to cover
- 1.63
- Change vs previous report
- -8.6%
FINRA short interest, settlement date Sep 15, 2026.