Lumentum (LITE)

• Market cap: $4.53B
• 1 day: -3.56%
• 5 days: 1.23%
• 1 month: -17.88%
• 3 months: -20.53%
• 6 months: 13.04%
• Year to date: -23.04%
• 1 year: 40.80%
• 5 years: 3.85%
• 10 years: 211.49%
• Sector: Communication Services
• Industry: Communications Equipment

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

147% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 43

71% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 12 (+5) [Q4]

35% more capital invested

Capital invested by funds: $4.62B [Q3] → $6.22B (+$1.6B) [Q4]

15% more funds holding

Funds holding: 382 [Q3] → 440 (+58) [Q4]

14% more repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 121

0.71% more ownership

Funds ownership: 107.18% [Q3] → 107.9% (+0.71%) [Q4]

29% less call options, than puts

Call options by funds: $120M | Put options by funds: $170M

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $70 6% upside
• Avg. target: $96 46% upside
• High target: $125 90% upside

9 analyst ratings

• positive: 5 56%
• neutral: 4 44%
• negative: 0 0%

B. Riley Securities Dave Kang 42% 1-year accuracy 5 / 12 met price target	14% upside $75	Neutral Maintained	7 Feb 2025
Raymond James Simon Leopold 37% 1-year accuracy 7 / 19 met price target	46% upside $96	Outperform Maintained	7 Feb 2025
Stifel Ruben Roy 33% 1-year accuracy 10 / 30 met price target	59% upside $105	Buy Maintained	7 Feb 2025
UBS David Vogt 43% 1-year accuracy 6 / 14 met price target	46% upside $96	Neutral Maintained	7 Feb 2025
Rosenblatt Mike Genovese 51% 1-year accuracy 21 / 41 met price target	67% upside $110	Buy Maintained	7 Feb 2025