LITE Stock Summary and Trading Ideas (Lumentum Holdings | NASDAQ:LITE)

Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.

Lumentum Holdings trades on the NASDAQ stock market under the symbol LITE.

As of September 16, 2026, LITE stock price climbed to $906.00 with 2,906,017 million shares trading.

LITE has a beta of 1.51, meaning it tends to be more sensitive to market movements. LITE has a correlation of 0.06 to the broad based SPY ETF.

LITE has a market cap of $81.27 billion. This is considered a Large Cap stock.

Last quarter Lumentum Holdings reported $1 billion in Revenue and $3.23 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.33.

In the last 3 years, LITE traded as high as $1,085.68 and as low as $35.35.

The top ETF exchange traded funds that LITE belongs to (by Net Assets): VTI, VOO, VO, QQQ, VUG.

LITE has outperformed the market in the last year with a price return of +436.8% while the SPY ETF gained +16.1%. However, in the short term, LITE had mixed performance relative to the market. It has underperformed in the last 3 months, returning -5.4% vs +0.9% return in SPY. But in the last 2 weeks, LITE shares have fared better than the market returning +4.3% compared to SPY -0.3%.

LITE support price is $796.21 and resistance is $881.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LITE shares will trade within this expected range on the day.