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Lumentum Holdings ( (LITE) ) has provided an update.
On December 19, 2025, Lumentum Holdings Inc. entered into a new senior secured revolving credit facility of up to $400 million, including a $23 million letter of credit sublimit, with Wells Fargo Bank as administrative and collateral agent, to support working capital and general corporate needs. The facility, which matures on December 19, 2030 and was undrawn at inception, allows for incremental revolving commitments and term loans subject to conditions, ties interest margins and commitment fees to the company’s secured net leverage ratio, and imposes customary covenants, financial ratio tests, guarantees by material domestic subsidiaries, and broad asset collateralization, thereby strengthening Lumentum’s liquidity profile while adding leverage and covenant constraints that will shape its balance sheet flexibility and risk profile for lenders and other stakeholders.
The most recent analyst rating on (LITE) stock is a Hold with a $304.00 price target. To see the full list of analyst forecasts on Lumentum Holdings stock, see the LITE Stock Forecast page.
Spark’s Take on LITE Stock
According to Spark, TipRanks’ AI Analyst, LITE is a Neutral.
Lumentum Holdings’ overall stock score is driven by strong technical momentum and positive earnings call insights, offset by financial performance concerns and high valuation. The company’s growth in AI and cloud infrastructure is promising, but operational and financial risks need careful management.
To see Spark’s full report on LITE stock, click here.
More about Lumentum Holdings
Lumentum Holdings Inc. is a technology company that operates through a Delaware corporate structure and finances its activities using instruments such as convertible senior notes and secured credit facilities, with a focus on maintaining access to revolving credit for working capital and general corporate purposes.
Average Trading Volume: 4,283,064
Technical Sentiment Signal: Buy
Current Market Cap: $26.33B
For detailed information about LITE stock, go to TipRanks’ Stock Analysis page.