Markets· August 16, 2026 at 02:00 p.m.
Lumentum Stock Price Targets Raised by Analysts After Strong Q4 Results
Key takeaways
- Lumentum reported strong Q4 FY2026 results
- Sales increased by triple digits year-over-year
- TD Cowen raised its Lumentum price target to $820
Lumentum Holdings (LITE) reported strong Q4 FY2026 results, beating Wall Street expectations and extending its streak to eight consecutive quarters of revenue growth. The company's sales increased by triple digits year-over-year (YOY), driven by demand for optical components used in AI data centers. TD Cowen raised its Lumentum price target to $820 from $800 while maintaining a 'Hold' rating, and other analysts have also taken a bullish stance on the stock following the earnings report.
