Lumentum Holdings Q4 revenue beats on AI-driven optical demand
LITE•Q1 fiscal 2027 outlook
Lumentum forecasts fiscal Q1 2027 revenue of $1.225 bln to $1.275 bln.
The company expects Q1 non-GAAP operating margin of 39.5% to 40.5%.
Lumentum forecasts Q1 non-GAAP diluted EPS of $4.05 to $4.35.
Q4 results beat expectations
Lumentum Holdings said fiscal Q4 revenue rose 109% year over year, beating analyst expectations.
Adjusted EPS for fiscal Q4 also beat consensus.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Revenue | Beat | $1.01 bln | $987.89 mln (16 Analysts) |
| Q4 Adjusted EPS | Beat | $3.23 | $2.97 (19 Analysts) |
| Q4 Loss Per Share | $84.65 | ||
| Q4 Adjusted Net Income | Beat | $326.30 mln | $290.83 mln (16 Analysts) |
| Q4 Adjusted Gross Margin | 50.40% | ||
| Q4 Adjusted Operating Margin | 36.60% |
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the communications & networking peer group is "buy".
Wall Street's median 12-month price target for Lumentum Holdings Inc. is $1,100.00, about 35.2% above its August 10 closing price of $813.51.
