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.
AI-Driven Growth | Explore Lumentum's strategic positioning in the burgeoning AI market, driving significant revenue growth and attracting increased analyst attention |
Financial Outlook | Lumentum's improved guidance and ambitious revenue targets reflect strong execution and growing confidence in its market potential |
Market Dynamics | Delve into the evolving landscape of optical and photonic products, with Lumentum at the forefront of industry trends and technological advancements |
Analyst Perspectives | Learn about varied analyst views on Lumentum, with price targets ranging from $62 to $125, highlighting the company's potential and market challenges |
Metrics to compare | LITE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLITEPeersSector | |
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P/E Ratio | 339.6x | −22.0x | 11.7x | |
PEG Ratio | 3.22 | −0.84 | 0.01 | |
Price/Book | 7.8x | 4.3x | 2.4x | |
Price / LTM Sales | 5.3x | 3.8x | 2.2x | |
Upside (Analyst Target) | 12.3% | 24.6% | 17.5% | |
Fair Value Upside | Unlock | −8.6% | 3.5% | Unlock |