LITE

Lumentum Holdings Inc.

Technology · $75.6B market cap

Verdict

We can't put a fair value on LITE right now. Our value came out at less than a tenth of the share price. When our answer is that far from the market, the method most likely doesn't fit this company, so we don't publish a number.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-16.7% a year✗
Equity per share growth6.9% a year✗
Sales growth7.2% a year✗
Free cash flow growth39.9% a year✓
Return on invested capital-3.7%✗

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Superinvestors

2 of the investors we track hold LITE. In Q2 2026, 1 opened a position, 1 trimmed and 1 sold out. Who we track

Moves in Q2 2026

New position: Polen Capital Management

Trimmed: Lee Ainslie

Sold out: Chase Coleman

Insider activity

Since Aug 28, 2026: no open-market purchases and 9 sales worth $4.1M. Why purchases matter

Sales

About Lumentum Holdings Inc.

Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components…

Communication Equipment

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works