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LumentumB
Nasdaq / Technology Hardware & Equipment
Last Price
At close
2026-06-02
View Chart
Current thesis
The post-earnings bull case is that Lumentum has moved from recovery into an AI-optics acceleration phase: Q3 revenue rose 90.1% year over year, non-GAAP gross margin reached 47.9%, and Q4 guidance stepped higher again [#8-K-2026-05-05]. Reuters also framed the guide as above Wall Street expectations on AI-driven demand.
Posture
Constructive
Lead driver
Momentum
What changed
3 setup hits (3d) with net bullish as of 2026-06-02.
What can break
Current portion of long-term debt was $3.24 billion at March 28, 2026, leaving the capital structure more complex even after the cash build [#10-Q-2026-05-06].
Momentum
87
Value
39
Sentiment
41
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $850.00 · Bull $1,100.00 · Bear $650.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $638.50
Why
Momentum87 · Δ7d -1.5
Value39 · Δ7d +0.1
Sentiment41 · Δ7d +7.2
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
87
34% active weight
Current posture
7d trendImproving
Δ7d
-1.5
Δ21d
-2.9
Value
39
32% active weight
Current posture
7d trendFlat
Δ7d
+0.1
Δ21d
-0.1
Sentiment
41
33% active weight
Current posture
7d trendImproving
Δ7d
+7.2
Δ21d
+20.5
Why this grade

Composite grade B. Momentum 86.6 / Value 39.3 / Sentiment 40.6

Fundamentals (TTM)
As of 2026-06-01
Market Cap
$70.41B
Beta
1.51
Shares Out
70.9M
P/E (TTM)
238.7
P/S (TTM)
13.74
P/FCF (TTM) · Derived
-809.35
Rev YoY
+58.4%
EPS YoY
+104.4%
Gross Margin
+30.6%
Op Margin
-4.9%
Net Debt
$1.7B
Current Ratio
1.37
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology