Lumentum (LITE) to Release Quarterly Earnings on Tuesday

Lumentum (NASDAQ:LITE) is expected to be announcing its Q2 2026 results after the market closes on Tuesday, February 3rd. Analysts expect Lumentum to post earnings of $1.40 per share and revenue of $646.7350 million for the quarter. Lumentum has set its Q2 2026 guidance at 1.300-1.500 EPS. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, February 3, 2026 at 5:00 PM ET.

Lumentum (NASDAQ:LITE) last posted its earnings results on Tuesday, November 4th. The technology company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.03 by $0.07. The company had revenue of $533.80 million for the quarter, compared to the consensus estimate of $525.10 million. Lumentum had a return on equity of 4.62% and a net margin of 6.11%.The firm’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.18 earnings per share. On average, analysts expect Lumentum to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Lumentum Stock Up 2.7%

Shares of NASDAQ LITE opened at $391.84 on Friday. The stock’s fifty day moving average is $350.73 and its 200 day moving average is $225.41. Lumentum has a 52 week low of $45.65 and a 52 week high of $448.00. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.02 and a current ratio of 1.37. The stock has a market capitalization of $27.78 billion, a P/E ratio of 262.98 and a beta of 1.51.

Insiders Place Their Bets

In other Lumentum news, Director Pamela Fletcher sold 3,421 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $273.53, for a total value of $935,746.13. Following the sale, the director owned 10,561 shares in the company, valued at $2,888,750.33. This trade represents a 24.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Yuen Wupen sold 822 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $258.96, for a total value of $212,865.12. Following the completion of the sale, the insider owned 95,077 shares of the company’s stock, valued at $24,621,139.92. The trade was a 0.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 28,612 shares of company stock worth $7,317,398. Insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of LITE. Danske Bank A S acquired a new stake in shares of Lumentum during the third quarter worth about $33,000. Advisors Asset Management Inc. boosted its stake in Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after purchasing an additional 254 shares during the last quarter. Employees Retirement System of Texas acquired a new position in shares of Lumentum during the 3rd quarter worth approximately $108,000. Diversify Advisory Services LLC purchased a new stake in shares of Lumentum in the third quarter valued at about $164,000. Finally, Glenmede Investment Management LP acquired a new position in Lumentum in the third quarter valued at approximately $204,000. Institutional investors own 94.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on LITE. Rosenblatt Securities upped their price target on shares of Lumentum to $380.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Mizuho set a $455.00 price objective on Lumentum in a research note on Friday, January 9th. Needham & Company LLC boosted their price objective on Lumentum to $290.00 and gave the stock a “buy” rating in a research report on Monday, November 24th. Morgan Stanley upped their price target on Lumentum to $350.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Barclays upped their price target on Lumentum from $181.00 to $365.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lumentum has an average rating of “Moderate Buy” and a consensus target price of $288.06.

Lumentum Company Profile

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.