
Lumentum Holdings (LITE) Stock Forecast & Price Target
Lumentum Holdings (LITE) Analyst Ratings
Bulls say
Lumentum Holdings Inc. is projected to achieve improved performance across revenue, margins, income, and cash flow, with expectations that shares will rise as key segments gain momentum. The company is securing a dominant position in the ROADM market, holding over 60% market share in a segment anticipated for solid growth due to shifting spending patterns, while also benefiting from improving transceiver margins through operational efficiencies. Furthermore, the overall optical market appears set for accelerated growth, driven by increasing demand in the cloud-to-cloud and metro core segments, alongside Lumentum's strategic capacity expansion to meet surging customer orders.
Bears say
Lumentum Holdings has experienced significant declines in revenue within its 3D sensing segment, which has decreased to $100 million from a previous high of $500 million, indicating a major drop in operational performance. The company has faced persistent supply chain challenges leading to shortfalls in revenues and gross margins for specific products, with additional concerns stemming from weaker-than-expected demand for iPhone 3D sensing technology, potentially impacting overall financial performance. Furthermore, recent competitive developments, such as discussions around MicroLED-based applications, suggest that Lumentum may face long-term headwinds, complicating its ability to recover financially.
This aggregate rating is based on analysts' research of Lumentum Holdings and is not a guaranteed prediction by Public.com or investment advice.
Lumentum Holdings (LITE) Analyst Forecast & Price Prediction
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