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Lumentum Holdings Inc
NASDAQ:LITE

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Lumentum Holdings Inc Logo
Lumentum Holdings Inc
NASDAQ:LITE
Watchlist
Price: 42.44 USD 1.1% Market Closed
Updated: Apr 19, 2024

Wall Street
Price Targets

LITE Price Targets Summary
Lumentum Holdings Inc

Wall Street analysts forecast LITE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for LITE is 55.78 USD with a low forecast of 40.4 USD and a high forecast of 84 USD.

Lowest
Price Target
40.4 USD
5% Downside
Average
Price Target
55.78 USD
31% Upside
Highest
Price Target
84 USD
98% Upside

LITE Last Price Targets
Lumentum Holdings Inc

The latest public price target was made on Feb 9, 2024 by Alex Henderson from Needham , who expects LITE stock to rise by 18% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Alex Henderson
Needham
50 USD
Upside 18%
2 months ago
Feb 9, 2024
These Analysts Revise Their Forecasts On Lumentum Holdings After Q2 Results
Benzinga
Alex Henderson
Needham
Price Target 50 USD
Upside/Downside 18%
View Source
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Revenue
Forecast

Revenue Estimate
Lumentum Holdings Inc

For the last 8 years the compound annual growth rate for Lumentum Holdings Inc's revenue is 10%. The projected CAGR for the next 3 years is 3%.

10%
Past Growth
3%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Lumentum Holdings Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-73%
Average Miss

Net Income
Forecast

Net Income Estimate
Lumentum Holdings Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-29%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is LITE's stock price target?
Price Target
55.78 USD

According to Wall Street analysts, the average 1-year price target for LITE is 55.78 USD with a low forecast of 40.4 USD and a high forecast of 84 USD.

What is Lumentum Holdings Inc's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Lumentum Holdings Inc's revenue is 10%. The projected CAGR for the next 3 years is 3%.