BNP Paribas raises target for Lumentum stock to USD 1,425

Published on 10/26/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q4 revenue hit USD 1.01 billion, up 109.30 percent year over year. Lumentum stock costs EUR 678.90 on October 26, 2026 versus Xetra close EUR 676.30.

Targets and reporting dates

BNP Paribas lifted its target to USD 1,425 on October 14, 2026.
Fiscal fourth-quarter revenue reached USD 1.01 billion, up 109.30 percent year over year.
Lumentum stock trades at EUR 678.90 at 11:42 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.38 percent above the Xetra close of October 23, 2026.

LITE, US55024U1097, Illustration mit AI erstellt.

Lumentum Holdings Inc. (US55024U1097) was trading at EUR 678.90 at Lang & Schwarz on October 26, 2026 at 11:42 a.m. CEST, 0.38 percent above the Xetra close of October 23, 2026 at EUR 676.30. MarketScreener reported that BNP Paribas raised its Lumentum target from USD 1,380 to USD 1,425 on October 14, 2026.

Target rises to USD 1,425

The analyst action extends a run of higher targets while the share price remains below the latest dollar valuation. A target in the primary trading currency cannot be directly netted against the euro quotation, but the gap highlights how strongly the investment case depends on continued optical demand.

Three dated signals

MarketWatch reported that Lumentum's fiscal fourth-quarter results on August 11, 2026 included USD 1.01 billion of revenue, up 109.30 percent from the prior year quarter. On October 12, 2026, Evercore ISI lifted its target from USD 1,100 to USD 1,500, while on October 14, 2026, BNP Paribas raised its target from USD 1,380 to USD 1,425, according to MarketScreener.

What does the target reset mean?

Lumentum's latest operating figures provide the numerical basis for the optimism. Fiscal fourth-quarter non-GAAP operating margin was 36.60 percent, compared with 32.20 percent in the preceding fiscal quarter, while fiscal-year 2026 revenue reached USD 3.01 billion, up 83.20 percent year over year. The company also guided fiscal first-quarter 2027 revenue to USD 1.225 billion to USD 1.275 billion and non-GAAP operating margin to 39.50 percent to 40.50 percent, according to the August 11 release carried by MarketWatch. The main risk is execution: the company said capacity, product mix and customer demand can materially affect margins.

Upcoming reporting dates

Zacks lists November 5, 2026 as Lumentum's next earnings release date. The annual general meeting is scheduled for November 18, 2026, according to Simply Wall St.

Euro quotation stays nearly unchanged

The euro quotation was 0.38 percent above the Xetra close, a move below the threshold for a directional headline. The next test is whether the November report supports the higher revenue and margin path already embedded in recent targets. The further course of trading is shown by the continuously updated real-time quote of Lumentum stock.