Lumentum Holdings Inc (LITE) Options

LITE is a zombie company losing $100 million in net income per year. This is far overvalued.

They just raised their guidance on revenue and income, that's not terrible.

Lumentum is doing terrible. They are losing $100 million per quarter. They have not been able to get their head on straight. The company is also dropping in revenue. Intrinsically, LITE is worth about $20 per share. People are going to get burned. They have billions in debt and now tangible book value has gone even more deeply negative. BK is coming soon. Beware.

Hmm....

https://investorshub.advfn.com/Lumentum-Holdings-Inc-LITE-31388

enough to make a guy start Gambling !!!!!

Here are some of the top news headlines about Lumentum Holdings (LITE) stock:

Lumentum Holdings Reports Q3 Earnings Beat, Revenue Miss
Lumentum Holdings CEO Sees 'Strong' Growth in 2023
Analysts Upgrade Lumentum Holdings Stock on 'Attractive' Valuation
Lumentum Holdings Stock Up 10% on Strong Q3 Earnings
Lumentum Holdings Announces Acquisition of NeoPhotonics
For more news about Lumentum Holdings stock, please visit your favorite news source.

Here are some additional details about the recent news headlines:

Lumentum Holdings Reports Q3 Earnings Beat, Revenue Miss
Lumentum Holdings reported earnings of $0.37 per share on revenue of $431 million for the third quarter of fiscal 2023. Both earnings and revenue beat analyst expectations. The company's guidance for the fourth quarter and full year of fiscal 2023 was also above analyst expectations.

Lumentum Holdings CEO Sees 'Strong' Growth in 2023
Lumentum Holdings CEO Jeff Healey said that he sees "strong" growth in the company's business in 2023. Healey said that the company is seeing strong demand for its products from customers in the telecommunications, data center, and industrial markets.

Analysts Upgrade Lumentum Holdings Stock on 'Attractive' Valuation

down again ?

ALERT---New year low now

$LITE bulls and bears Lumentum Holdings Inc Nasdaq Lite Short Squeeze

News: $LITE Why Lumentum Holdings' Stock Gained 17% Last Month

Shares of Lumentum Holdings (NASDAQ: LITE) rose 17% in October 2019, according to data from S&P Global Market Intelligence . The former optical products division of JDS Uniphase spent most of the month tracking close to the overall market's ups and downs. That changed on Oct. 31, when ...

Got this from LITE - Why Lumentum Holdings' Stock Gained 17% Last Month

$LITE JUMP SHIP TIME IN LUMENTUM , $37 TARGET

It is a horrible time to be invested in TECH, it is obviously going to be sacrificed in the trade war, Huawei has become enemy Number 1 and any company with Chinese exposure has suffered great loss in value in the past few weeks. NASDAQ:LITE has considerable exposure and has now lowered guidance due to the ban initialised on Huawei. The chart of Lite is technically broken, having lost the support off all MA's and the RSI is now at a historical low due to the velocity of the selling. That low is just about the only positive to cling to, there is a chance of a bounce but that it not a trade we would be willing to take. The stock is now in a wee defined downtrend from March 18 with $42 and $37 the next targets on the downside.
If by any chance there is a resolution with China this will rocket higher but that is not on the horizon, given the rhetoric.

News: $LITE AR, VR and the Merger of the Digital and Physical World

POINT ROBERTS, Wash. and DELTA, British Columbia, March 15, 2019 (GLOBE NEWSWIRE) --   Investorideas.com , a global investor news source covering tech stocks, releases a snapshot looking at VR and AR stocks and future implications and applications for these technologies. One of th...

In case you are interested https://marketwirenews.com/news-releases/ar-vr-and-the-merger-of-the-digital-and-physical-world-7849496.html

LITE did well yesterday in a dying market. A green emerald. Let's do this again today LITE:) Looking good pre-market.

Looking for a good rebound on LITE from the dip. So far, so good:)

shorty just won't stop & nobody stopping shorty.

GL Longs

I wish the SEC would send Shorty folks to JAIL.

GL Longs

up $3.45 in pre, I believe a good day again.

GL Longs

Looks like the boat full of Institutions are sailing this week.

GL Longs

New VIAV board started on 5-7-18.

GL Longs

Maybe a Class Action Lawsuit will help us.

GL Longs

119.19% of Float held by Institutions.????????????.....WTF.

GL Longs

60M share Float....23.40% held by the shorty folks.

GL Longs

JPM says to $74 we go. I wish this board would wake up.

GL Longs

Can't wait for LITE to ask us if we would like AAPL to buy us at a very nice price.

GL Longs

Totolly overblown.

Great day to ADD shares.


Finisar and Lumentum each have about 2% exposure to ZTE. Our Lumentum estimate does not account for revenue from the Apple iPhone X into China. For Lumentum, 3D sensing sales were nearly 50% of the December revenue, and contribute over 25% of our 2018 estimate. Applied Optoelectronics has modest China sales that mostly come from its cable TV segment and no known exposure to ZTE.

$74.40 for the high so far today. I am sitting in absolute awe. And yes, our shares sold. This has been an amazing stock since its birth in 2015, climbing steadily upward from $18 to $74 and who knows where beyond.

3/12: Today's high, $72.95 so far... and it's still early. :D

A nickel short! LITE shot up to just a nickel under my sell point. And now it pulled back. Eeegghh! Oh how they love to tease!

3/9: Target price $76 at Raymond James, up from $59. (Dow Jones)

2/12: Target price $76 per Loop Capital, up from $70 (current price $59.25)

Crappy news ..... silver lining...

So Apple decides to invest on Finisar,
a company struggling to produce what Apple needs.

The truth is that both Lumentum and Finisar are going to benefit from the coming boom in VCsels.

The silver lining is that demand is 10 times higher this quarter ..... both companies will be struggling to keep up with demand in the future.

ALL smart phones, not just Apple, will be using these VCsels

Nope. After a similar downturn this summer it shot up $10 beyond where it was before the downturn. Doesn't happen after all downturns, but I have faith. No stock is a straight line upward. I'm holding long for the 70s.

No news out on the recent decline?

Still a BUY. Target price $71.53. Marketwatch round up lists 18 small-cap stocks that analysts expect to rise at least 50% in 2018. LITE is on the list expected to go up 52% from today's price of $47.15. They gave it a target price of $71.53.

11/17: Top Ranked Growth Stocks to Buy (Zacks)

LITE, which carries a Zacks rank of #2 (Buy)

Jefferies says BUY. Per Dow Jones news on 11/1.

Craig-Hallum says BUY. Per Dow Jones.

Current price $63.51.

Price target raised to $90 at DA Davidson, up from $82. Upgrade due to their opportunity to supply lasers to the 3D market.

LITE broke out of its three month base on Tuesday to close at $63.10, according to Harry Boxer via Marketwatch. He attributed it to talk about the 3D face recognition sensing in Apple's iPhone X. If the price breaks through $65, he sees it moving up to $68. Others predict $75 coming, as per previous posts.

Current price $55.75

LITE target price $75 upgraded from $70 by Rosenblatt, who reiterated its BUY rating. Date October 4, posted by PR Newswire on Oct 16 under the headline "Today's Research Report Coverage on Communication Equipment Stocks."

LITE is in the top two out of eleven communication picks, according to an Oct 11 article entitled, "Investors' Soapbox: 2 Communications Picks for Upside Earnings -- Barrons.com." Rated at BUY with a $66 price target.

LITE upgraded to buy from neutral at MKM Partners. -- per Marketwatch

Price target $77. On 6/22, Lumentum initiated with a Buy at DA Davidson. Analyst Mark Kelleher initiated Lumentum with a Buy and a $77 price target saying the company is well positioned for significant growth in the optical networking market and has a significant market opportunity to supply lasers to the 3D Sensing market. On 7/24 it was up to $68, it's currently at $51.35.

competitor $IIVI big beat this morning, big because the stock price is up 10% in pre-market.

LITE tanked Friday when another competitor $AAOI disappointed on the next Qtr estimates.


$LITE
$FNSR
$AAOI
$IIVI

$58.85 - LITE Q4 - Wed Aug 9th 08:29 est .34 vs 0.41, rev 229.29M vs 241.7M, have always beat or met
Q1 est .55 rev 270.16M

That is a big earnings estimate for Q1. Biggest concern.

7/2/17
%GAIN SYMBOL TREND WINS LOSSES
73.80 NMKD DN 2 2
31.30 TQQQ UP 3 0
29.70 MU UP 3 0
18.90 TSLA UP 2 0
17.69 TNA UP 3 0
11.10 TECL UP 1 0
10.50 LITE UP 2 0
10.50 UDOW UP 3 0
8.80 FB UP 3 0
8.40 SPXL UP 2 0
8.00 GOOGL UP 2 0
7.80 NFLX UP 3 0
7.40 MSFT UP 3 0
6.80 QQQ UP 4 0
5.30 IJR UP 3 0
5.20 AMZN UP 1 0
5.00 AMAT UP 1 0
3.40 SPY UP 2 0
2.40 FAS UP 1 0
1.10 AAPL UP 1 0
-0.60 RAD DN 1 1
-1.90 RIG DN 0 1

Short Interest = 5.09M

Float = 53.25M