Lumentum (LITE) Joins Nasdaq-100 Index

On May 11, 2026, Lumentum Holdings Inc. (NASDAQ:LITE) announced that it volition beryllium added to the Nasdaq-100 Index, with inclusion acceptable to instrumentality effect earlier the marketplace opens connected May 18, 2026. The institution described the summation arsenic a important milestone pursuing its advancement implicit the past year.

On May 6, 2026, Raymond James expert Simon Leopold raised the firm’s terms people connected Lumentum Holdings Inc. (NASDAQ:LITE) to $1,014 from $491 portion maintaining an Outperform standing connected the shares. The steadfast said Lumentum delivered a humble beat-and-raise 4th supported by improving operational execution and emerging maturation drivers, including co-packaged optics, optical circuit switching, and scale-up infrastructure. Raymond James added that these trends enactment expectations for continued triple-digit maturation and borderline enlargement contempt a comparatively muted marketplace absorption pursuing earnings.

Rosenblatt expert Mike Genovese besides raised the firm’s terms people connected Lumentum Holdings Inc. (NASDAQ:LITE) to $1,300 from $900 portion maintaining a Buy standing connected the shares. The steadfast said Lumentum appears connected way to execute oregon transcend its people of reaching $1.25B successful quarterly gross by the extremity of calendar 2026 and $2B successful quarterly gross by the extremity of 2027, portion margins are progressing up of interior targets.

Lumentum Holdings Inc. (NASDAQ:LITE) manufactures and sells optical and photonic products crossed the Americas, Asia-Pacific, Europe, the Middle East, and Africa.

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