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 July 10, 2026, LITE stock price climbed to $802.01 with 3,199,585 million shares trading.

LITE has a beta of 0.94, meaning it tends to be less sensitive to market movements. LITE has a correlation of 0.03 to the broad based SPY ETF.

LITE has a market cap of $62.40 billion. This is considered a Large Cap stock.

Last quarter Lumentum Holdings reported $808 million in Revenue and $2.37 earnings per share. This fell short of revenue expectation by $-719,520 and exceeded earnings estimates by $.20.

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, IVV, SPY.

LITE has outperformed the market in the last year with a return of +765.9%, while the SPY ETF gained +21.8%. However, in the most recent history, LITE shares have underperformed the stock market with its stock returning -10.6% in the last 3 month period and -1.8% for the last 2 week period, while SPY has returned +11.4% and +3.6%, respectively.

LITE support price is $741.05 and resistance is $830.49 (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.