From Yahoo Finance: 2025-06-05 15:23:00

Rosenblatt raised Lumentum Holdings Inc. (NASDAQ:LITE) price target from $94 to $105 and maintained a “Buy” rating, citing improved gross margins in the 800G transceiver segment due to vertical integration and new product launches.

Analysts at Rosenblatt have a positive outlook on Lumentum Holdings Inc.’s (NASDAQ:LITE) financial performance, raising EPS estimates to $1.98 for fiscal year 2025, up from $1.91, and to $4.18 for fiscal year 2026, up from $3.76.

Lumentum Holdings Inc. (NASDAQ:LITE) specializes in optical and photonic products for cloud, optical networking, and laser applications, offering critical solutions for high-speed data connectivity in the AI/ML era. Consider other AI stocks with potentially higher returns and less downside risk.

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Read more: Rosenblatt Raises Lumentum (LITE) Price Target, Keeps Buy Rating