Lumentum stock falls 2.34 percent as target trails price

Published on 10/07/2026 at 16:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 23-analyst consensus rates Lumentum Moderate Buy with an average target of USD 1,078.75 on October 7, 2026. Fiscal Q4 revenue rose 109.3 percent.

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Lumentum stock (ISIN US55024U1097) was trading at USD 1,106.89 on Nasdaq on October 7, 2026 at 10:46 a.m. ET, down 2.34 percent. The latest analyst consensus gives the optical technology company a Moderate Buy rating, while its average target sits below the market price.

Consensus stays Moderate Buy

According to MarketBeat on October 7, 2026, 23 analysts assign Lumentum a Moderate Buy consensus. The average one-year price objective is USD 1,078.75, based on 16 Buy ratings, five Holds, one Sell rating and one Strong Buy rating.

The current price was USD 28.14 above that average target during the October 7 session. The gap matters because Lumentum's share price was also 2.7 percent below the same session's 52-week high of USD 1,137.21, leaving expectations elevated after a sharp annual advance.

Revenue more than doubles

Lumentum's latest reported period was fiscal Q4 2026. MarketBeat reported revenue of USD 1.01 billion, up 109.3 percent from the year-earlier period. Adjusted EPS was USD 3.23, exceeding the USD 2.97 consensus by USD 0.26.

Management's fiscal Q1 2027 guidance calls for EPS of USD 4.05-4.35, according to MarketBeat. The guidance midpoint of USD 4.20 is USD 0.97 above the latest adjusted quarterly EPS, a comparison that puts the next report ahead of the current valuation debate.

Next results arrive November 5

Lumentum will publish fiscal Q1 2027 results on November 5, 2026, after the market closes, and will hold an audio webcast at 5:00 p.m. ET, according to Yahoo Finance. The release will test whether the projected USD 4.05-4.35 EPS range can support the premium implied by the stock's USD 86.1 billion market capitalization.

Stock trades below yearly high

At USD 1,106.89 on Nasdaq on October 7, 2026 at 10:46 a.m. ET, Lumentum stock was down 2.34 percent, with the session ranging from USD 1,082.55 to USD 1,119.00. The 52-week range was USD 147.81 to USD 1,137.21.