Lumentum Trades Near 52-Week High: Is the LITE Stock Still a Buy?
LumentumLumentum(US:LITE) ZACKS·2026-01-06 00:26

Key Takeaways LITE stock has jumped 326.9% in a year, beating industry and sector returns by a wide margin. AI-driven demand for laser chips and transceivers fuels strong sales and record EML shipments. Fiscal Q2 revenues are projected at 630M630M-670M, with EPS guidance of 1.301.30-1.50. Lumentum Holdings (LITE) shares closed at 386.11onFriday,whichisclosetothe52weekhighof386.11 on Friday, which is close to the 52-week high of 401.60 it hit on Dec. 24, 2025. LITE shares have jumped a whopping 326.9% in a year, outperforming the Zacks Communication Com ...