(LITE) Lumentum Holdings - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55024U1097

Stock:

Total Rating 67

Risk 40

Buy Signal 1.05

Communication Equipment +0.4
Communications Equipment +9.0

Market Cap: 45,385m
Avg Trading Vol: 2.73B USD

ATR: 6.86%
Peers RS (IBD): 97.44

Risk 5d forecast
Volatility	71.5%
Relative Tail Risk	-6.59%

Reward TTM
Sharpe Ratio	3.16
Alpha	757.00

Character TTM
Beta	2.525
Beta Downside	3.010

Drawdowns 3y
Max DD	50.63%
CAGR/Max DD	2.69

EPS (Earnings per Share)

EPS CAGR: 9.46%
EPS Trend: -29.6%

Last SUE: 4.00
Qual. Beats: 4

Revenue

Rev. CAGR: 14.89%
Rev. Trend: 26.2%

Last SUE: 0.54
Qual. Beats: 0

Primary Risks

P/E ratio: 185.3178

Description: LITE Lumentum Holdings

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates through two segments, Cloud & Networking and Industrial Tech. The Cloud & Networking segment offers optical and photonic chips, components, modules, and subsystems supplied to cloud data center operators, AI/ML infrastructure providers, and network equipment manufacturer customers that are building cloud data centers and network infrastructures. Its Industrial Tech segment provides short-pulse solid-state lasers, kilowatt-class fiber lasers, diode lasers, and gas lasers that serves the semiconductor device, solar cell, display, and electric vehicle and battery manufacturing markets. The company was incorporated in 2015 and is headquartered in San Jose, California.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 251.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 4.30 > 1.0
NWC/Revenue: -70.51% < 20% (prev 94.24%; Δ -164.7% < -1%)
CFO/TA 0.05 > 3% & CFO 247.0m > Net Income 251.6m
Net Debt (2.69b) to EBITDA (322.2m): 8.34 < 3
Current Ratio: 0.61 > 1.5 & < 3
Outstanding Shares: last quarter (87.8m) vs 12m ago 27.43% < -2%
Gross Margin: 33.44% > 18% (prev 0.22%; Δ 3322 % > 0.5%)
Asset Turnover: 48.00% > 50% (prev 34.90%; Δ 13.10% > 0%)
Interest Coverage Ratio: 3.21 > 6 (EBITDA TTM 322.2m / Interest Expense TTM 23.1m)

Altman Z'' -2.65

A: -0.31 (Total Current Assets 2.28b - Total Current Liabilities 3.77b) / Total Assets 4.81b
B: -0.16 (Retained Earnings -778.8m / Total Assets 4.81b)
C: 0.02 (EBIT TTM 74.2m / Avg Total Assets 4.39b)
D: -0.19 (Book Value of Equity -769.3m / Total Liabilities 3.96b)
Altman-Z'' Score: -2.65 = D

Beneish M -2.97

DSRI: 1.09 (Receivables 376.8m/226.9m, Revenue 2.11b/1.38b)
GMI: 0.66 (GM 33.44% / 22.16%)
AQI: 0.86 (AQ_t 0.35 / AQ_t-1 0.41)
SGI: 1.52 (Revenue 2.11b / 1.38b)
TATA: 0.00 (NI 251.6m - CFO 247.0m) / TA 4.81b)
Beneish M-Score: -2.97 (Cap -4..+1) = A

What is the price of LITE shares?

As of February 24, 2026, the stock is trading at USD 674.73 with a total of 4,490,644 shares traded.
Over the past week, the price has changed by +12.38%, over one month by +98.92%, over three months by +125.39% and over the past year by +831.05%.

Is LITE a buy, sell or hold?

Lumentum Holdings has received a consensus analysts rating of 4.19. Therefore, it is recommended to buy LITE.

StrongBuy: 8
Buy: 4
Hold: 3
Sell: 1
StrongSell: 0

What are the forecasts/targets for the LITE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	571.5	-15.3%
Analysts Target Price	571.5	-15.3%

LITE Fundamental Data Overview February 21, 2026

P/E Trailing = 185.3178
P/E Forward = 95.2381
P/S = 21.5584
P/B = 47.46
P/EG = 0.97
Revenue TTM = 2.11b USD
EBIT TTM = 74.2m USD
EBITDA TTM = 322.2m USD
Long Term Debt = 47.1m USD (from longTermDebt, last quarter)
Short Term Debt = 3.25b USD (from shortTermDebt, last quarter)
Debt = 3.35b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.69b USD (from netDebt column, last quarter)
Enterprise Value = 47.57b USD (45.38b + Debt 3.35b - CCE 1.16b)
Interest Coverage Ratio = 3.21 (Ebit TTM 74.2m / Interest Expense TTM 23.1m)
EV/FCF = 365.1x (Enterprise Value 47.57b / FCF TTM 130.3m)
FCF Yield = 0.27% (FCF TTM 130.3m / Enterprise Value 47.57b)
FCF Margin = 6.19% (FCF TTM 130.3m / Revenue TTM 2.11b)
Net Margin = 11.95% (Net Income TTM 251.6m / Revenue TTM 2.11b)
Gross Margin = 33.44% ((Revenue TTM 2.11b - Cost of Revenue TTM 1.40b) / Revenue TTM)
Gross Margin QoQ = 36.08% (prev 34.00%)
Tobins Q-Ratio = 9.90 (Enterprise Value 47.57b / Total Assets 4.81b)
Interest Expense / Debt = 0.19% (Interest Expense 6.30m / Debt 3.35b)
Taxrate = 18.96% (18.3m / 96.5m)
NOPAT = 60.1m (EBIT 74.2m * (1 - 18.96%))
Current Ratio = 0.61 (Total Current Assets 2.28b / Total Current Liabilities 3.77b)
Debt / Equity = 3.95 (Debt 3.35b / totalStockholderEquity, last quarter 846.6m)
Debt / EBITDA = 8.34 (Net Debt 2.69b / EBITDA 322.2m)
Debt / FCF = 20.63 (Net Debt 2.69b / FCF TTM 130.3m)
Total Stockholder Equity = 910.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.74% (Net Income 251.6m / Total Assets 4.81b)
RoE = 27.64% (Net Income TTM 251.6m / Total Stockholder Equity 910.4m)
RoCE = 7.75% (EBIT 74.2m / Capital Employed (Equity 910.4m + L.T.Debt 47.1m))
RoIC = 1.57% (NOPAT 60.1m / Invested Capital 3.83b)
WACC = 14.19% (E(45.38b)/V(48.73b) * Re(15.22%) + D(3.35b)/V(48.73b) * Rd(0.19%) * (1-Tc(0.19)))
Discount Rate = 15.22% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 13.80%
[DCF Debug] Terminal Value 47.95% ; FCFF base≈130.3m ; Y1≈85.5m ; Y5≈39.0m
Fair Price DCF = N/A (negative equity: EV 382.3m - Net Debt 2.69b = -2.31b; debt exceeds intrinsic value)
EPS Correlation: -29.56 | EPS CAGR: 9.46% | SUE: 4.0 | # QB: 4
Revenue Correlation: 26.20 | Revenue CAGR: 14.89% | SUE: 0.54 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.23 | Chg30d=+0.705 | Revisions Net=+19 | Analysts=19
EPS current Year (2026-06-30): EPS=7.57 | Chg30d=+1.848 | Revisions Net=+20 | Growth EPS=+267.7% | Growth Revenue=+76.6%
EPS next Year (2027-06-30): EPS=14.08 | Chg30d=+5.513 | Revisions Net=+17 | Growth EPS=+85.9% | Growth Revenue=+59.7%

Additional Sources for LITE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle