Lumentum Holdings Inc. (LITE) Social Stream
LUMENTUM HOLDINGS INC (LITE) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering LITE.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 12 | $115 | $86 | $100.769 | $50.86 | 98.13% |
| 2021-12-13 | 12 | $115 | $86 | $101.153 | $50.86 | 98.89% |
| 2021-12-15 | 12 | $120 | $86 | $103.461 | $50.86 | 103.42% |
| 2022-01-20 | 10 | $120 | $86 | $104.23 | $50.86 | 104.94% |
| 2022-01-26 | 10 | $120 | $86 | $104.23 | $50.86 | 104.94% |
| 2022-02-01 | 12 | $120 | $86 | $104.23 | $50.86 | 104.94% |
| 2022-02-04 | 11 | $120 | $86 | $104.769 | $50.86 | 105.99% |
| 2022-03-09 | 11 | $120 | $86 | $105.538 | $50.86 | 107.51% |
| 2022-03-16 | 11 | $120 | $86 | $106.692 | $50.86 | 109.78% |
| 2022-04-25 | 11 | $120 | $86 | $107.461 | $50.86 | 111.29% |
| 2022-05-05 | 11 | $120 | $86 | $107.076 | $50.86 | 110.53% |
| 2022-07-25 | 8 | $120 | $94 | $107.6 | $50.86 | 111.56% |
| 2022-08-04 | 8 | $120 | $94 | $106 | $50.86 | 108.42% |
| 2022-08-17 | 8 | $125 | $94 | $108.5 | $50.86 | 113.33% |
| 2022-08-18 | 8 | $125 | $95 | $110.6 | $50.86 | 117.46% |
| 2022-09-17 | 9 | $125 | $95 | $110.09 | $50.86 | 116.46% |
| 2022-10-12 | 9 | $125 | $84 | $109.727 | $50.86 | 115.74% |
| 2022-10-19 | 9 | $125 | $84 | $109.09 | $50.86 | 114.49% |
| 2022-10-24 | 9 | $125 | $80.001 | $107.727 | $50.86 | 111.81% |
| 2022-11-08 | 8 | $125 | $80.001 | $107.727 | $50.86 | 111.81% |
| 2022-11-09 | 10 | $115 | $65 | $85.272 | $50.86 | 67.66% |
| 2022-11-11 | 10 | $90 | $62 | $78.083 | $50.86 | 53.53% |
| 2022-12-01 | 11 | $90 | $62 | $77.307 | $50.86 | 52% |
| 2022-12-14 | 12 | $90 | $50 | $74.714 | $50.86 | 46.9% |
| 2022-12-16 | 12 | $90 | $50 | $74.571 | $50.86 | 46.62% |
| 2022-12-20 | 12 | $90 | $50 | $73.214 | $50.86 | 43.95% |
| 2023-01-12 | 12 | $90 | $50 | $72.857 | $50.86 | 43.25% |
| 2023-01-27 | 10 | $90 | $50 | $73 | $50.86 | 43.53% |
| 2023-02-10 | 12 | $85 | $50 | $72.071 | $50.86 | 41.7% |
| 2023-03-06 | 12 | $85 | $50 | $71 | $50.86 | 39.6% |
| 2023-03-09 | 13 | $84 | $50 | $69.928 | $50.86 | 37.49% |
The Trend in the Analyst Price Target
Over the past 34 months, LITE's average price target has gone down $25.26.
Over the past 50 weeks, LITE's average upside potential has been 31.87%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-05-05 | 11 | 120 | 94 | 108.833 | 88.82 | 22.53% |
| 2022-08-18 | 8 | 125 | 95 | 110.600 | 92.71 | 19.3% |
| 2022-12-01 | 11 | 90 | 62 | 77.307 | 54.35 | 42.24% |
| 2022-12-20 | 12 | 90 | 50 | 73.214 | 50.45 | 45.12% |
| 2023-01-19 | 12 | 90 | 50 | 73.000 | 58.68 | 24.4% |
LITE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.08 | 5 | 2 | 6 | 0 | 0 | 13 |
The Trend in the Broker Recommendations
Over the past 13 months, LITE's average broker recommendation rating worsened by 0.84.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for LITE as an investment opportunity.
- LUMENTUM HOLDINGS INC's average analyst price target is greater than 2795.05% of all US stocks.
- In terms of how LUMENTUM HOLDINGS INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 3043.32% of that group.
- To contextualize these metrics, consider that out of Technology stocks, LUMENTUM HOLDINGS INC's variance in analysts' estimates is lower than -1013.27% of them.
- LITE has a higher upside potential (average analyst target price relative to current price) than 2697.44% of Electronic Equipment stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to LUMENTUM HOLDINGS INC are UTSI, IRDM, and ESE.
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Is LITE a Buy, Hold or Sell? See the POWR Ratings now!