Lumentum Holdings Inc. - Common Stock (LITE)

Lumentum Holdings Inc (NASDAQ: LITE) stock gains Tuesday following a major optical fiber supply deal between Corning and Verizon Communications.

Ciena beat Q3 earnings estimates with record margins, yet shares fell on margin concerns, prompting a look at rivals Lumentum and Coherent for AI optical networking exposure.

Stocks pulled back after a strong jobs report stoked rate-hike concerns. MarketBeat writers recap earnings-season themes, covering AI, cybersecurity, retail, energy, and dividend stocks.

Lumentum Holdings (NASDAQ:LITE) has outperformed the market over the past 10 years by 23.2% on an annualized basis producing an average annual return of 36.64%. Currently, Lumentum Holdings has a market capitalization

Sandisk, Micron, and Lumentum have been huge winners over the past year.

Apple jumped 3% on its first day under a new CEO, and the market fell anyway. When a rising trillion-dollar stock can't lift the indexes, look at the bond market.

Lumentum shares have surged about 140% in 2025 on AI optical demand, backed by strong earnings growth and a Moderate Buy rating with roughly 22% analyst upside.

The manufacturer of optical and photonic products reported a notable insider sale as shares delivered a one-year return of more than 600%.