
Lumentum Holdings (LITE) Stock Forecast & Price Target
Lumentum Holdings (LITE) Analyst Ratings
Bulls say
Lumentum Holdings Inc. is projected to experience improved financial performance, with expectations of enhanced top-line growth, margins, income, and cash flow, particularly as its major segments gain momentum. The company has successfully improved transceiver margins through strategic manufacturing relocations and automation, while maintaining a robust position in the ROADM market, holding over 60% market share in a segment identified for solid growth. Overall demand in the optical market is anticipated to accelerate, driven by transitions to higher-speed architectures and significant capacity expansions that align with increasing customer forecasts and orders.
Bears say
Lumentum Holdings Inc. has reported a significant decline in its revenue from the 3D sensing segment, which has dropped to $100 million, raising concerns over its future viability and ability to offset declines with alternative applications. The company has a history of revenue and gross margin shortfalls attributed to persistent supply chain issues, which may continue to hinder performance. Additionally, lower-than-anticipated demand for iPhone 3D sensing technology poses a risk to Lumentum's overall revenue growth, with reports suggesting that sell-side projections for revenues, margins, and earnings may be overly optimistic amid increasing competitive pressures.
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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