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 August 14, 2026, LITE stock price climbed to $926.14 with 3,995,727 million shares trading.

LITE has a beta of 1.41, 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 $72.05 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, QQQ, VO, IVV.

LITE has outperformed the market in the last year with a price return of +708.0% while the SPY ETF gained +21.5%. However, in the short term, LITE had mixed performance relative to the market. It has underperformed in the last 3 months, returning -7.6% vs +4.0% return in SPY. But in the last 2 weeks, LITE shares have fared better than the market returning +29.7% compared to SPY +3.9%.

LITE support price is $809.57 and resistance is $951.25 (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.