LITE
TechnologyLumentum Holdings Inc. · Communication Equipment · $75B
What is Lumentum Holdings Inc.?
Lumentum Holdings is a San Jose-based manufacturer of optical and photonic products serving global telecommunications, data communications, and industrial markets.
Lumentum operates through two segments: Optical Communications and Commercial Lasers. The Optical Communications segment produces components and modules that move data across fiber optic networks. The Commercial Lasers segment supplies laser systems to industrial and OEM customers. Revenue comes from selling hardware into telecom infrastructure, data centers, and manufacturing applications.
Lumentum was established in 2015 and is headquartered in San Jose, California.
- Fiber optic transceivers and tunable lasers
- Reconfigurable optical networking components
- 3D sensing laser illumination sources
- Industrial and OEM commercial lasers
Is LITE a Good Stock to Buy?
UQS Score rates LITE as Below Average overall.
Growth stands out as the strongest pillar in Lumentum's profile, reflecting expanding demand for optical networking capacity tied to data center and AI infrastructure buildout. Valuation is rated Neutral, meaning the stock is neither clearly cheap nor expensive relative to fundamentals.
Quality, Moat, and Risk are all rated Weak, pointing to inconsistent profitability, limited competitive differentiation, and meaningful financial or operational vulnerabilities.
See the exact pillar breakdown and full financial metrics by signing up for a Pro account at uqs-score.com. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does LITE pay dividends?
No — Lumentum Holdings Inc. does not currently pay a dividend.
Lumentum does not currently pay a dividend. Companies in capital-intensive hardware segments often reinvest available cash into research, manufacturing capacity, and product development rather than returning it to shareholders through distributions.
When does LITE report earnings?
Lumentum reports earnings on a quarterly cadence, typical for US-listed equities.
Results have reflected the cyclical nature of optical networking demand, with revenue sensitive to capital spending cycles at major telecom and cloud customers. Growth trends have shown signs of recovery as AI-driven infrastructure investment accelerates.
For the most recent quarter's results, visit Lumentum's investor relations page directly.
LITE Price History
+928.5% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Lumentum Holdings Inc.?
Based on Lumentum Holdings Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Lumentum do?
Lumentum manufactures optical and photonic products used in fiber optic communications networks and commercial laser applications. Its products help transmit data at high speeds across telecom and data center infrastructure, and it also supplies lasers for industrial manufacturing and 3D sensing.
Does LITE pay dividends?
No, Lumentum does not pay a dividend. The company operates in a capital-intensive hardware segment and has historically prioritized reinvestment in product development and manufacturing over shareholder distributions.
When does LITE report earnings?
Lumentum reports on a standard quarterly schedule. Specific upcoming dates are not covered by our data source — check Lumentum's investor relations page for the current earnings calendar.
Is LITE a good stock to buy?
UQS Score rates LITE as Below Average. While the Growth pillar shows relative strength, the Quality, Moat, and Risk pillars are all rated Weak. Investors should weigh those concerns carefully. The full pillar breakdown is available to Pro members at uqs-score.com.
Is LITE overvalued?
Lumentum's Valuation pillar is rated Neutral, suggesting the stock is neither clearly cheap nor expensive based on the UQS framework. Full valuation metrics are available in the Pro view.
How does LITE compare to its competitors?
Lumentum competes with companies including Ciena Corporation (CIEN), Ubiquiti Inc. (UI), and Nokia Oyj (NOK) in optical networking and communications hardware. Each competitor has a different product mix and market focus. Side-by-side UQS comparisons are available on uqs-score.com.
What is LITE's market cap bracket?
Lumentum is classified as a large-cap company, placing it among the larger publicly traded firms in the optical components and photonics space.
Is LITE a long-term quality investment?
From a long-term quality perspective, LITE's Below Average UQS Score reflects meaningful weaknesses in Quality, Moat, and Risk. The Growth pillar offers some positive signal, but sustained long-term quality typically requires stronger fundamentals across all five pillars.
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Pro Analysis
LITE — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 40.9 | 35.5 | 20.0 | 74.1 | 39.8 | 41.8 | +0.1 |
| May 15, 2026 | 40.8 | 35.4 | 20.0 | 74.1 | 39.8 | 40.7 | +0.1 |
| May 14, 2026 | 40.7 | 35.4 | 20.0 | 74.1 | 39.8 | 40.5 | 0.0 |
| May 11, 2026 | 40.7 | 35.4 | 20.0 | 74.1 | 39.8 | 40.3 | +6.9 |
| May 10, 2026 | 33.8 | 0.0 | 20.0 | 74.1 | 36.9 | 56.6 | -0.1 |
| May 8, 2026 | 33.9 | 0.0 | 20.0 | 74.1 | 36.9 | 56.7 | +1.3 |
| May 7, 2026 | 32.6 | 26.1 | 20.0 | 74.1 | 1.1 | 40.5 | 0.0 |
| May 4, 2026 | 32.6 | 26.1 | 20.0 | 74.1 | 1.1 | 40.4 | 0.0 |
| May 3, 2026 | 32.6 | 26.1 | 20.0 | 74.1 | 1.1 | 40.3 | 0.0 |
| Apr 26, 2026 | 32.6 | 26.1 | 20.0 | 74.1 | 1.1 | 40.9 | 0.0 |
LITE — Pillar Breakdown
Quality
— 35.4/100 (25%)Lumentum Holdings Inc. has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 74.1/100 (20%)Lumentum Holdings Inc. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 39.8/100 (15%)Lumentum Holdings Inc. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 41.0/100 (15%)Lumentum Holdings Inc. has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 20/100 (25%)Lumentum Holdings Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for LITE.
Score Composition
Financial Data
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How is the LITE UQS Score Calculated?
The UQS (Unified Quality Score) for Lumentum Holdings Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Lumentum Holdings Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Lumentum Holdings Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.