Lumentum Holdings Inc. (LITE) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$994.56
Price Target
$643.18
Target Range
$240.00 — $1270.00
Analyst Rating
Buy
Forward P/E127.5x
Trailing P/E2688.0x
Forward PEG—
Implied Growth+157.7%
Median Target$550.00
Analyst Spread160.1%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$240
-75.9%
Consensus
$643
-35.3%
Bull Case
$1270
+27.7%
LITE Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Lumentum Holdings Inc. (LITE) has a Wall Street consensus price target of $643.18, based on estimates from 24 covering analysts. With the stock currently trading at $994.56, this represents a potential downside of -35.3%. The company has a market capitalization of $71.01B.
Analyst price targets range from a low of $240.00 to a high of $1270.00, representing a 160% spread in expectations. The median target of $550.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 17 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, LITE trades at a trailing P/E of 2688.0x and forward P/E of 127.5x. Analysts expect EPS to grow +157.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-9.5%
Avg Forward P/E62.8x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 COHRCoherent, Inc. | $62.9B | $335.73 | $252.50 | -24.8% | Buy | 62.6x | 29 |
 AAOIApplied Optoelectronics, Inc. | $14.3B | $180.57 | $46.00 | -74.5% | Buy | 191.6x | 16 |
 IPGPIPG Photonics Corporation | $3.9B | $90.84 | $151.67 | +67.0% | Buy | 56.0x | 27 |
 VIAVViavi Solutions Inc. | $12.5B | $53.97 | $32.25 | -40.2% | Buy | 58.3x | 19 |
 CIENCiena Corporation | $77.1B | $544.75 | $334.17 | -38.7% | Buy | 88.6x | 41 |
 ACMRACM Research, Inc. | $3.5B | $52.80 | $40.00 | -24.2% | Buy | 26.5x | 10 |
 MTSIMACOM Technology Solutions Holdings, Inc. | $22.8B | $303.57 | $254.00 | -16.3% | Buy | 67.8x | 23 |
 OLEDUniversal Display Corporation | $4.6B | $98.45 | $141.00 | +43.2% | Buy | 20.6x | 19 |
 CSCOCisco Systems, Inc. | $373.4B | $94.30 | $96.50 | +2.3% | Buy | 22.7x | 73 |
 AAPLApple Inc. | $4.2T | $284.18 | $317.11 | +11.6% | Buy | 33.4x | 110 |
Upside Potential Comparison
IPGPOLEDAAPLCSCOMTSIACMRCOHRCIENFull LITE Stock Analysis
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Start ComparisonLITE — Frequently Asked Questions
Quick answers to the most common questions about buying LITE stock.
What is the LITE stock price target for 2026?
LITE's consensus price target is $643.18, -35.3% below the current price of $994.56. The 24 analysts tracking LITE see downside risk at present valuations.
Is LITE a buy, sell, or hold?
LITE has a consensus rating of "Buy" based on 24 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $643.18 implies -35.3% downside from current levels.
Is LITE stock overvalued or undervalued?
At a forward P/E of 127.4701x, LITE trades at a premium valuation. The consensus price target of $643.18 (-35.3% downside) suggests analysts may view current valuations as stretched.
How high can LITE stock go?
The most bullish Wall Street analyst has a price target of $1270 for LITE, while the most conservative target is $240. The consensus of $643.18 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover LITE stock?
LITE is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 16 have Buy ratings, 7 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the LITE stock forecast?
The 12-month LITE stock forecast based on 24 Wall Street analysts shows a consensus price target of $643.18, with estimates ranging from $240 (bear case) to $1270 (bull case). The median consensus rating is "Buy".
What is LITE's forward P/E ratio?
LITE trades at a forward P/E ratio of 127.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 2688.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy LITE stock?
Analysts are cautious on LITE, with 0 Sell ratings and a price target of $643.18 (-35.3% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do LITE price targets vary so much?
LITE analyst price targets range from $240 to $1270, a 160% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $643.18 consensus represents the middle ground.