LITE Lumentum Holdings Forecast, Technical & Fundamental Analysis

a provider of optical and photonic products

Industry TelecommunicationsEquipment

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LITE

Setup

Buy or SellView

Daily Signalchanged days ago

Gain/Loss if shorted

View Trends For LITE
(Try 14 days for $1 only)

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A.I. Advisor

published Earnings

LITE is expected to report earnings to rise 108.17% to 12 cents per share on November 06

Lumentum Holdings LITE Stock Earnings Reports

Q3'24

Est.

$0.12

Q2'24

Beat

by $0.04

Q1'24

Beat

by $0.03

Q4'23

Beat

by $0.01

Q3'23

Beat

by $0.07

The last earnings report on August 14 showed earnings per share of 5 cents, beating the estimate of 1 cents. With 2.31M shares outstanding, the current market capitalization sits at 3.19B.

A.I. Advisor

published General Information

General Information

a provider of optical and photonic products

Industry TelecommunicationsEquipment

Profile

Fundamentals

Details

Industry

Telecommunications Equipment

Address

1001 Ridder Park Drive

Phone

+1 408 546-5483

Employees

7500

Web

https://www.lumentum.com

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LITE and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, LITE has been loosely correlated with VIAV. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if LITE jumps, then VIAV could also see price increases.

Ticker / NAME	Correlation To LITE	1D Price Change %
LITE	100%	-7.98%
VIAV - LITE	46% Loosely correlated	-6.27%
CIEN - LITE	46% Loosely correlated	-3.99%
ZBRA - LITE	41% Loosely correlated	-4.32%
HPE - LITE	39% Loosely correlated	-1.60%
AAOI - LITE	39% Loosely correlated	+8.02%
More

Groups containing LITE

Correlation & Price change

Ticker / NAME	Correlation To LITE	1D Price Change %
LITE	100%	-7.98%
telecommunication equipment theme (34 stocks)	66% Loosely correlated	+0.77%
3d printing theme (23 stocks)	56% Loosely correlated	+1.28%
Telecommunications Equipment theme (98 stocks)	52% Loosely correlated	+0.25%