Here’s What Analysts Are Saying About Lumentum Holdings (LITE)

6 hours ago 2

Noor Ul Ain Rehman

Tue, June 9, 2026 astatine 12:24 PM CDT 2 min read

Lumentum Holdings Inc. (NASDAQ:LITE) is 1 of the champion NASDAQ stocks to bargain and clasp for 3 years. On June 3, Northland lifted the terms people connected Lumentum Holdings Inc. (NASDAQ:LITE) to $1,200 from $1,000 portion maintaining an Outperform standing connected the shares. The steadfast stated that pursuing the erstwhile day's comments from Nvidia's CEO inspiring spot successful Marvell, which "bode good for the space," on with the continued beardown AI Data Center results from HPE (HPE), and capex backing for Alphabet. Northland lifted the terms targets connected respective communications exertion names, with further indications of some a sustainable multi-year rhythm and short-term acceleration successful AI optical request from here.

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Lumentum Holdings Inc. (NASDAQ:LITE) besides received a standing update from Jefferies connected May 7. The steadfast lifted the terms people connected the banal to $1,200 from $900 and maintained a Buy standing connected the shares. The standing update came aft what the steadfast described arsenic "another rock-solid print", adding that the March 4th study and June guidance marque wide that margins are "finally opening to inflect".

Lumentum Holdings Inc. (NASDAQ:LITE) provides optical and photonic products. The company's operations are divided into the Cloud and Networking, and Industrial Tech segments.

While we admit the imaginable of LITE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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