Lumentum Holdings Inc. (LITE) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 25 analysts16.0% Below Target
LITE trades 16.0% below Wall Street's consensus target of $985.82.
Current Price$850.00
Average Target$985.82
Target
Current
Low$550.00
Median$1014.00
High$1270.00
Analyst Target Range
Forward P/E103.7x
(High Premium)
PEG Ratio—
Implied Growth+79.3%
(High Growth)
Analyst Spread73.0%
(Wide Disagreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes LITE achieves its forward estimates and maintains a stable P/E multiple of 103.7x. This scenario reflects the blended consensus of 25 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
LITE Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Lumentum Holdings Inc. (LITE) has a Wall Street consensus price target of $985.82, based on estimates from 25 covering analysts. With the stock currently trading at $850.00, this represents a potential upside of +16.0%. The company has a market capitalization of $60.69B.
Analyst price targets range from a low of $550.00 to a high of $1270.00, representing a 73% spread in expectations. The median target of $1014.00 aligns closely with the consensus average. 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,8 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, LITE trades at a trailing P/E of 2297.3x and forward P/E of 103.7x. Analysts expect EPS to grow +79.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $266.44, with bear and bull scenarios of $167.86 and $351.07 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
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
+4.8%
Industry Consensus
Avg Forward P/E
65.3x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 COHRCoherent, Inc. | $61.8B | $389.57 | $324.00 | -16.8% | Buy | 71.4x | 30 |
 AAOIApplied Optoelectronics, Inc. | $12.8B | $161.85 | $160.00 | -1.1% | Buy | 156.6x | 16 |
 IPGPIPG Photonics Corporation | $5.0B | $118.01 | $151.50 | +28.4% | Buy | 92.9x | 27 |
 VIAVViavi Solutions Inc. | $10.9B | $47.17 | $32.25 | -31.6% | Buy | 50.3x | 19 |
 CIENCiena Corporation | $60.6B | $428.22 | $493.42 | +15.2% | Buy | 65.6x | 42 |
 ACMRACM Research, Inc. | $7.3B | $109.87 | $100.00 | -9.0% | Buy | 55.2x | 10 |
 MTSIMACOM Technology Solutions Holdings, Inc. | $29.9B | $391.41 | $360.89 | -7.8% | Buy | 77.9x | 24 |
 OLEDUniversal Display Corporation | $4.2B | $88.94 | $141.00 | +58.5% | Buy | 20.9x | 19 |
 CSCOCisco Systems, Inc. | $471.2B | $119.54 | $123.30 | +3.1% | Buy | 28.0x | 73 |
 AAPLApple Inc. | $4.4T | $298.01 | $326.47 | +9.6% | Buy | 34.0x | 110 |
LITE — Frequently Asked Questions
Quick answers to the most common questions about buying LITE stock.
What is the LITE stock price target for 2026?
Lumentum Holdings Inc. (LITE) has a consensus 12-month price target of $985.82, implying 16.0% upside from $850. The 25 analysts covering LITE see moderate appreciation potential.
Is LITE a buy, sell, or hold?
LITE has a consensus rating of "Buy" based on 25 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $985.82 implies 16.0% upside from current levels.
Is LITE stock overvalued or undervalued?
At a forward P/E of 103.6573x, LITE trades at a premium valuation. The consensus price target of $985.82 (16.0% upside) suggests analysts still see growth justifying the multiple.
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 $550. The consensus of $985.82 represents the median expectation. Our quantitative valuation model projects a bull case target of $351 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover LITE stock?
LITE is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 16 have Buy ratings, 8 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 25 Wall Street analysts shows a consensus price target of $985.82, with estimates ranging from $550 (bear case) to $1270 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $266, with bear/bull scenarios of $168/$351.
What is LITE's fair value based on fundamentals?
Our quantitative valuation model calculates LITE's fair value at $266 (base case), with a bear case of $168 and bull case of $351. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
What is LITE's forward P/E ratio?
LITE trades at a forward P/E ratio of 103.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 2297.3x. 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?
Wall Street analysts are optimistic on LITE, with a "Buy" consensus rating and $985.82 price target (16.0% upside). 17 of 25 analysts rate it Buy or Strong Buy. 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 $550 to $1270, a 73% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $985.82 consensus represents the middle ground. Our model's $168-$351 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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