LUMENTUM HOLDINGS INC (LITE)

US55024U1097 - Common Stock

42.21  -1.24 (-2.85%)

Buy % Consensus

75

ChartMill assigns a Buy % Consensus number of 75% to LITE. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 55.32. This target is 31.05% above the current price.
LITE was analyzed by 23 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about LITE.
In the previous month the buy percentage consensus was at a similar level.
LITE was analyzed by 23 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 42.2140.4053.0455.3284.00 - -4.29% 25.66% 31.05% 99.00%
Up and Down Grades
Date Firm Action Rating
2024-04-11 JP Morgan Maintains Overweight -> Overweight
2024-04-01 Stifel Maintains Buy -> Buy
2024-04-01 Raymond James Maintains Outperform -> Outperform
2024-02-09 Needham Reiterate Buy -> Buy
2024-02-09 Rosenblatt Maintains Buy -> Buy
2024-02-09 B. Riley Securities Maintains Neutral -> Neutral
2024-02-09 Susquehanna Maintains Positive -> Positive
2024-02-09 JP Morgan Maintains Overweight -> Overweight
2024-01-16 Barclays Maintains Underweight -> Underweight
2024-01-02 Stifel Maintains Buy -> Buy
2023-12-22 Craig-Hallum Upgrade Hold -> Buy
2023-11-13 Needham Reiterate Buy -> Buy
2023-11-09 Susquehanna Maintains Positive -> Positive
2023-11-09 Raymond James Maintains Outperform -> Outperform
2023-10-31 Rosenblatt Maintains Buy -> Buy
2023-10-31 Raymond James Maintains Outperform -> Outperform
2023-10-27 Morgan Stanley Maintains Equal-Weight -> Equal-Weight
2023-10-24 Susquehanna Maintains Positive -> Positive
2023-10-10 B of A Securities Maintains Underperform -> Underperform
2023-08-18 UBS Maintains Neutral -> Neutral
2023-08-18 Needham Reiterate Buy -> Buy
2023-08-18 Rosenblatt Upgrade Neutral -> Buy
2023-08-18 B. Riley Securities Maintains Neutral -> Neutral
2023-08-18 Stifel Maintains Buy -> Buy
2023-08-18 Raymond James Maintains Outperform -> Outperform
2023-08-18 JP Morgan Maintains Overweight -> Overweight
2023-08-18 Craig-Hallum Maintains Hold -> Hold
2023-07-25 Susquehanna Maintains Positive -> Positive
2023-07-18 B of A Securities Downgrade Neutral -> Underperform
2023-07-05 Barclays Downgrade Equal-Weight -> Underweight