Lumentum Holdings: Strong Financial Outlook and Market Potential Drive Buy Rating and Increased Price Target

Analyst Ryan Koontz of Needham reiterated a Buy rating on Lumentum Holdings (LITE – Research Report), boosting the price target to $105.00.

Ryan Koontz has given his Buy rating due to a combination of factors that highlight Lumentum Holdings’ strong financial outlook and market potential. The company has recently updated its fiscal fourth quarter 2025 outlook, indicating an increase in expected metrics across the board. This positive revision suggests robust underlying trends in their business operations.
Moreover, Lumentum Holdings anticipates reaching their $500 million revenue target a quarter earlier than initially projected, showcasing strong near-term revenue strength and visibility. The company’s management has expressed confidence in broad-based growth across their Datacom and Telecom product lines, with new products expected to further drive performance in 2026. These factors have led Koontz to reaffirm his Buy rating and increase the price target to $105.

According to TipRanks, Koontz is an analyst with an average return of -1.6% and a 44.47% success rate. Koontz covers the Technology sector, focusing on stocks such as Extreme Networks, Coherent Corp, and Ciena.

In another report released today, Northland Securities also reiterated a Buy rating on the stock with a $100.00 price target.