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

Lumentum is a US-based photonics company specializing in light-based communications technologies. The company designs and manufactures optical components and systems used in cloud computing, artificial intelligence infrastructure, telecommunications, and industrial applications. Its product portfolio includes high-speed optical transceivers, lasers, optical amplifiers, and wavelength management technologies that enable high-capacity data transmission. In 2023, the company acquired Cloud Light, strengthening its optical transceiver and connectivity portfolio for hyperscale data centers as AI demand began to ramp up. The company also supplies industrial lasers and sensing technologies for precision manufacturing, facial recognition, and 3D sensing.

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

As of October 30, 2026, LITE stock price declined to $840.70 with 7,162,971 million shares trading.

LITE has a beta of 1.87, meaning it tends to be more sensitive to market movements. LITE has a correlation of 0.08 to the broad based SPY ETF.

LITE has a market cap of $75.41 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 $1,143.00 and as low as $37.99.

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

LITE has outperformed the market in the last year with a return of +292.3%, while the SPY ETF gained +11.0%. In the last 3 month period, LITE beat the market returning +39.6%, while SPY returned +3.9%. However, in the most recent 2 weeks LITE has underperformed the stock market by returning -3.3%, while SPY returned -2.1%.

LITE support price is $867.05 and resistance is $972.01 (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.