Lumentum Holdings Inc. reported a 109% surge in Q4 revenue to $1.01 billion and achieved a 50.4% gross margin earlier than expected. The company’s AI-related business is expanding beyond the 1.6T transition cycle into optical circuit switches (OCS), high-power lasers, external light sources, and scaled connectivity solutions. Management’s $40 EPS target for FY2028 increasingly relies on growth in OCS, especially from its largest customer. While capacity expansion supports near-term growth, a $451 million capital expenditure planned for FY2026 raises concerns about potential oversupply and utilization risks if demand slows.
Lumentum (LITE) trades at USD 947.73 on Pluang as of Sep 26, 2026 01:11 WIB, up 2.01% in the last day. The stock’s market cap stands at $83.33 billion with a strong buyer interest of 88% on the platform. This price movement occurs while the company plans a significant $451 million capital expenditure in FY2026, which is noted in the news as a potential risk factor for supply and utilization.
The Tema Photonics & Optical ETF (LAZR) received a Hold rating because its portfolio composition presents risks despite favorable themes in optical interconnect and AI infrastructure. Key holdings like Lumentum are seen as overvalued, while preferred...
Coherent Corp's stock has surged 59% in 2026 due to growth in AI data center optical connectivity. However, its peers Lumentum Holdings and Applied Optoelectronics have outperformed it significantly with gains of 151% and 191% respectively. This gap ...
Qualcomm's stock surged 7% following a demonstration of a high-density die-to-die optical interconnect for AI systems, showcased with partners Lumentum Holdings and Corning. This demo signals Qualcomm's expansion beyond its traditional smartphone mod...
Corning's stock surged 6% following a joint AI optical interconnect demonstration highlighting its fiber technology, signaling strong market interest in AI infrastructure components. The demo, led by Lumentum and featuring Qualcomm's die-to-die inter...
