Mizuho has initiated coverage on Lumentum Holdings Inc (LITE) with an Outperform rating, marking the firm's first assessment of the company. This decision reflects Mizuho's analysis of Lumentum's business, industry dynamics, and growth prospects.
Lumentum, headquartered in San Jose, California, operates in the communications sector, providing optical and photonic products. The company, which employs 10,562 full-time staff, went public on July 23, 2015. Its segments include Cloud & Networking and Industrial Tech, with offerings that cater to cloud data center infrastructure and various industrial applications.
As of November 17, 2025, Lumentum's stock is priced at $247.43, and the company boasts a market capitalization of $17.6 billion. The current P/E ratio stands at 156.26, with an EPS of 1.50. Upcoming earnings are anticipated on August 9, 2026, with an estimated EPS of $1.68 and revenue of $728.8 million.
Analyst ratings serve as professional opinions shaped by research and financial models. While they can provide valuable insights, it is essential for investors to consider a range of factors, including company fundamentals and market trends, when making decisions. Ratings can evolve over time as new information becomes available, and different analysts may hold varying views on the same company.