Lumentum Holdings Inc. (LITE) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Lumentum Holdings Inc. (LITE) stock forecast summary
Our AI scores Lumentum Holdings Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Lumentum Holdings Inc. is a large-cap company with a market capitalization of $48.31B. It ranks number 1 by market capitalization among the 15 Communications Equipment, NEC issuers in our coverage with a current forecast. Its P/B Ratio of 10.57x is the highest of the 12 peers that report one.
For LITE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 54.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 39.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, LITE included.
LITE price chart and AI forecast
How LITE ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Lumentum Holdings Inc. (LITE) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Communications Equipment, NEC peers listed below that report each metric.
Valuation & Market
| Metric | LITE | Rank |
|---|---|---|
| Market Cap | $48.31B | 1/15 |
| P/B Ratio | 10.57x | 1/12 |
| EPS | $-89.47 | – |
| Book Value/Share | $50.98 | – |
| Revenue/Share | $41.73 | – |
| FCF/Share | $3.97 | – |
Profitability & Margins
| Metric | LITE | Rank |
|---|---|---|
| ROE | -143.9% | 9/10 |
| ROA | -90.5% | 10/11 |
| ROIC | 18.0% | 3/13 |
| Gross Margin | 48.0% | 7/13 |
| Operating Margin | 23.5% | 2/13 |
| Net Margin | -175.8% | 10/11 |
| EBT Margin | 23.5% | 4/14 |
| Tax Rate | -26.1% | – |
Financial Health
| Metric | LITE | Rank |
|---|---|---|
| Current Ratio | 1.61x | 8/14 |
| Quick Ratio | 1.27x | 6/13 |
| D/E Ratio | 0.59x | 7/12 |
| Financial Leverage | 1.59x | 7/12 |
| Interest Coverage | 133.3x | 3/14 |
| Working Capital | $1.46B | 1/14 |
Cash Flow
| Metric | LITE | Rank |
|---|---|---|
| Operating Cash Flow | $961M | 1/15 |
| Free Cash Flow | $356M | 1/9 |
| Capital Spending | -$605M | 9/9 |
| OCF Growth YoY | 564.7% | 1/6 |
| FCF/Sales | 9.5% | 4/9 |
| CapEx/Sales | 16.2% | 1/9 |
Operational Efficiency
| Metric | LITE | Rank |
|---|---|---|
| Asset Turnover | 0.51x | 6/12 |
| Receivables Turnover | 37.4x | 1/11 |
| Inventory Turnover | 2.4x | 7/13 |
| Fixed Assets Turnover | 2.6x | 10/10 |
| Days Sales Outstanding | 10 days | 11/11 |
| Days Inventory | 151 days | 7/13 |
| Payables Period | 138 days | 3/10 |
| Cash Conversion Cycle | 23 days | 7/10 |
Income Statement
| Metric | LITE | Rank |
|---|---|---|
| Total Revenue | $3.74B | 1/12 |
| Operating Income | $878M | 1/14 |
| Net Income | -$6.58B | 12/12 |
| R&D Expense | $467M | 1/13 |
| SG&A Expense | $377M | 1/13 |
| Cost of Goods Sold | $1.95B | 1/14 |
Dividend & Shareholder Information
| Metric | LITE | Rank |
|---|---|---|
| Shares Outstanding | 90M | – |
| Net Income Growth | -5948.0% | 5/5 |
| EPS Growth | -5589.0% | 5/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $3.85B | 53.0% of assets |
| Cash & Short-term Investments | $1.27B | 17.5% of assets |
| Accounts Receivable | $100M | 1.4% of assets |
| Inventory | $808M | 11.1% of assets |
| Total Liabilities | $2.70B | 37.1% of assets |
| Short-term Debt | $1.65B | 22.7% of assets |
LITE quarterly financials and insider trading
Lumentum Holdings Inc. (LITE) industry peers
Companies classified under the same SEC industry code as Lumentum Holdings Inc. (Communications Equipment, NEC): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| LITE Lumentum Holdings Inc. | $48.31B | |
| ESE Esco Technologies Inc | $5.97B | |
| NSSC Napco Security Technologies, Inc | $1.08B | |
| AIOT Powerfleet, Inc. | $361M | |
| TBCH Turtle Beach Corp | $272M | |
| RSKIA George Risk Industries, Inc. | $104M | |
| AMPG Amplitech Group, Inc. | $69M | |
| INSG Inseego Corp. | $65M | |
| REKR Rekor Systems, Inc. | $44M | |
| TRCK Track Group, Inc. | $20M | |
| KSCP Knightscope, Inc. | $10M | |
| VISL Vislink Technologies, Inc. | $10M | |
| MTEK Maris Tech Ltd. | $3M | |
| ASNS Actelis Networks Inc | $1M | |
| IWAL Iwallet Corp | $1M |
Where LITE sits on the market map
Lumentum Holdings Inc. (LITE) stock news
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Lumentum Holdings Inc. (LITE) stock forecast FAQ
What is the Lumentum Holdings Inc. (LITE) stock forecast?
Our AI scores Lumentum Holdings Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Lumentum Holdings Inc. stock predictions?
For LITE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 54.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 39.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Lumentum Holdings Inc. forecasts updated?
Lumentum Holdings Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Lumentum Holdings Inc.'s industry peers?
15 issuers in our coverage, LITE included, share the SEC industry code Communications Equipment, NEC. The largest are: Esco Technologies Inc (ESE), Napco Security Technologies, Inc (NSSC), Powerfleet, Inc. (AIOT), Turtle Beach Corp (TBCH), George Risk Industries, Inc. (RSKIA), Amplitech Group, Inc. (AMPG).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.