LITE News and Press, Lumentum Holdings Inc.

2024-07-07 11:21:28 ET Summary Lumentum Holdings lost out on bidding for Coherent, which likely saved the business from real financial struggles. Shares are down 60% standalone as earnings power has crumbled, with alternative M&A and the standalone business not delivering on i...

2024-06-23 00:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-06-10 09:22:42 ET Summary Ciena's stock responded positively after posting Q2 2024 results, with shares spiking to $55.77, but then closed lower last week. Q2 revenue declined by 19.4% YoY to $910.8 million, causing concern among investors. Ciena is optimistic about futur...

2024-05-28 09:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Nasdaq Composite ‘s rally has yet to abate, but there are still Nasdaq stocks to sell. The tech-heavy index has risen over 11% and is likely to edge upwards. Fueling the rally ar...

2024-05-20 15:30:08 ET Needham analyst issues UNDERPERFORM recommendation for LITE on May 20, 2024 02:00PM ET. The previous analyst recommendation was Underperform. LITE was trading at $47.02 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...

2024-05-20 15:30:08 ET Raymond James analyst issues BUY recommendation for LITE on May 20, 2024 02:00PM ET. The previous analyst recommendation was Buy. LITE was trading at $47.02 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current an...

2024-05-12 10:48:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-05-07 18:41:57 ET Market players weren't exactly dialed in to telecom equipment specialist Lumentum Holdings (NASDAQ: LITE) on Tuesday. The company's share price dived by more than 6% in reaction to its latest earnings release. By contrast, the S&P 500 index ended the d...

2024-05-07 09:15:06 ET Loop Capital Markets analyst issues BUY recommendation for LITE on May 7, 2024 07:13AM ET. The previous analyst recommendation was Buy. LITE was trading at $44.11 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...

2024-05-07 07:00:09 ET Tom O'Malley from Barclays issued a price target of $38.00 for LITE on 2024-05-07 05:39:00. The adjusted price target was set to $38.00. At the time of the announcement, LITE was trading at $44.11. The overall price target consensus is at $89.09 wi...