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Lumentum Holdings Inc has a consensus price target of $72.31 based on the ratings of 16 analysts. The high is $115 issued by Susquehanna on November 8, 2024. The low is $49 issued by UBS on August 18, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, Barclays, and Rosenblatt on November 14, 2024, November 11, 2024, and November 8, 2024, respectively. With an average price target of $88.67 between Morgan Stanley, Barclays, and Rosenblatt, there's an implied 8.73% upside for Lumentum Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lumentum Holdings (NASDAQ:LITE) was reported by Morgan Stanley on November 14, 2024. The analyst firm set a price target for $76.00 expecting LITE to fall to within 12 months (a possible -6.81% downside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for Lumentum Holdings (NASDAQ:LITE) was provided by Morgan Stanley, and Lumentum Holdings maintained their equal-weight rating.
The last upgrade for Lumentum Holdings Inc happened on December 22, 2023 when Craig-Hallum raised their price target to N/A. Craig-Hallum previously had a hold for Lumentum Holdings Inc.
The last downgrade for Lumentum Holdings Inc happened on July 18, 2023 when B of A Securities changed their price target from N/A to $50 for Lumentum Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lumentum Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lumentum Holdings was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Lumentum Holdings (LITE) rating was a maintained with a price target of $61.00 to $76.00. The current price Lumentum Holdings (LITE) is trading at is $81.55, which is out of the analyst’s predicted range.
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