Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, Asia-Pacific, Europe, the Middle East, and Africa. The company is headquartered in San Jose, California.
| Revenue (TTM) | $3.74B |
| Gross Profit (TTM) | $1.80B |
| EBITDA | $1.15B |
| Operating Margin | 28.00% |
| Return on Equity | -245.80% |
| Return on Assets | 9.19% |
| Revenue/Share (TTM) | $46.70 |
| Book Value | $50.47 |
| Price-to-Book | 12.43 |
| Price-to-Sales (TTM) | 12.35 |
| EV/Revenue | 15.04 |
| EV/EBITDA | 114.87 |
| Quarterly Earnings Growth (YoY) | 6980.00% |
| Quarterly Revenue Growth (YoY) | 136.50% |
| Shares Outstanding | $90.69M |
| Float | $90.23M |
| % Insiders | 0.31% |
| % Institutions | 95.19% |
Volatility is currently expanding
Michael Hurlston, Lumentum CEO, joins 'Power Lunch' to discuss steep share sell-off, Marvell's plans to Lumentum in an all-stock transaction, outlook for the business and more.
AI optical stocks are rallying, and one laser maker is far ahead of the group as traders take a second look at a quarterly report they'd sold off hard. Coherent (NYSE:COHR | COHR Price Prediction) stock trades at $192.
Lasers for optical interconnect in AI data centers could be a bigger bottleneck than memory chips. Marvell aims to buy Lumentum for $115 billion in enterprise value -- enabling it to address this issue.
Lumentum (LITE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Marvell agreed to buy Lumentum in an all-stock deal, so the offer's value rises and falls with Marvell's share price. The deal isn't expected to close until the first half of 2028 and needs regulatory approvals, including a potentially lengthy review.
AI optical stocks are falling for a second straight session, and strong earnings across the group aren't slowing the selling. Applied Optoelectronics (NASDAQ:AAOI) stock recently traded at $50, down 16%.
NEW YORK, Nov. 3, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Lumentum Holdings Inc. (NASDAQ: LITE ) related to its sale to Marvell Technology, Inc. Under the terms of the proposed transaction, Lumentum shareholders are expected to receive 4.500 shares of Marvell common stock for each share of Lumentum common stock.
Optical networking stocks are bouncing back from a steep slide, and Coherent (NYSE:COHR | COHR Price Prediction) is leading the charge one day before its next earnings report. Coherent stock is at $210.98, up 6% in the morning session.
The selloff has reduced the all-stock offer's value, but termination fees and strategic benefits could help keep the deal on track.
MRVL's proposed $115 billion LITE acquisition highlights surging demand for AI photonics, major synergies and expanding opportunities in AI infrastructure.
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