LITE
Lumentum Holdings Inc. Information Technology Communications Equipment, NEC S&P 500Nasdaq-100Russell 3000
$840.70Close
$74.5BMarket cap
$188.36 – $1,133.4052-week range
Nov 5, 2026Next report · after the close
Highlights
Strengths
- Leading the market RS 98 · stronger than 98% of stocks over 12 months
Cautions
- Not in an uptrend 5 of 8 trend conditions
- Far from its high 26% below its 52-week high
- Results soon Nov 5, 2026, in 4 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
26%
1wk
up 11.2%
price change
1mo
down 13.4%
price change
12-month return
up 320%
market up 11% ·
its own up 281%
F-score
5 / 9
Mixed
Altman Z
16.21
Low risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
16.0×
price / book
Earnings yield
up 0.7%
EBIT / enterprise value
Cheaper than
21%
of the market · expensive
Revenue growth
up 83%
year on year
EPS growth
—
latest quarter
Sales growth
—
latest quarter
ROE
down 240%
return on equity
Free cash margin
up 10%
$300.1M FCF
D/E
0.01
long-term debt / equity
Net debt / EBITDA
-3.8×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- profitability slipped from last year
- short-term liquidity weakened
- issued more shares
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- gross margin widened
- assets working harder
Repair signals
- FCF turned positive ($-105M → $300M)
- Long-term debt down 98% ($2.6B → $0.0B)
- Gross margin 28.0% → 41.7%
Trade setup
ATR%
8.7%
$73.04 a day · 2×ATR $694.62
RS
98 / 99
vs the universe
Trend
5 / 8
under the 150/200-day, under the 50-day, over 25% off the high
Relative volume
1.6×
vs 50-day average
Up/down volume
1.17
50 sessions
Implied move
11.4%
by Nov 6, 2026 · report Nov 5, 2026
Trend template · 5 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 26.9% over the year, from 70m to 89m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 11, 2026
Results reaction
Aug 11, 2026+15% vs market2 sessions after results
Options
$182.8M78.8% IV · activity
Financials
- Gross 42%
- Net -230%
- Free cash 10%
- Cash
- Long-term debt
| FY2021Jul 3, 2021 | FY2022Jul 2, 2022 | FY2023Jul 1, 2023 | FY2024Jun 29, 2024 | FY2025Jun 28, 2025 | FY2026Jun 27, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.8B | $1.4B | $1.6B | $3.0B |
| Gross margin | 45% | 46% | 32% | 19% | 28% | 42% |
| Operating income | $527.0M | $303.3M | -$115.7M | -$434.0M | -$180.1M | $524.8M |
| Net income | $397.3M | $198.9M | -$131.6M | -$546.5M | $25.9M | -$6.9B |
| Net margin | 23% | 12% | -7% | -40% | 2% | -230% |
| Earnings per share | $5.07 | $2.68 | -$1.93 | -$8.12 | $0.37 | -$92.96 |
| Free cash flow | $653.9M | $368.1M | $51.3M | -$108.3M | -$104.7M | $300.1M |
| Free cash margin | 38% | 21% | 3% | -8% | -6% | 10% |
| Cash | $774.3M | $1.3B | $859.0M | $436.7M | $520.7M | $2.0B |
| Long-term debt | $1.5B | $1.5B | — | $2.5B | $2.6B | $40.5M |
| Shareholders' equity | $2.0B | $1.9B | $1.4B | $957.3M | $1.1B | $4.6B |
| Shares outstanding | 73m | 68m | 66.40m | 67.90m | 69.80m | 88.60m |
Next report
Nov 5, 2026 · after the close
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±11.4%
$749 – $941 by Nov 6, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±12.3%
last 4: +14.6% · -3.3% · +9.9% · +16.6%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
About usual
0.9× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $695 – $995 ±17.8% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Smaller 78.8% priced · 93.1% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $182.8M calls $102.9M · puts $79.8M · latest session
- 0.78× -2.30 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -22.43k · puts -6.40k past week
For options traders: ATM IV 78.8% (-0.8% 1w) · 1m ÷ 3m IV 1.11 · 25Δ skew 3.6 pts · Net GEX -$21.6M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 17, 2026 | Annual ↗ | Jun 27, 2026 | 51d |
| May 6, 2026 | Quarterly ↗ | Mar 28, 2026 | 39d |
| Feb 4, 2026 | Quarterly ↗ | Dec 27, 2025 | 39d |
| Nov 5, 2025 | Quarterly ↗ | Sep 27, 2025 | 39d |
| Aug 19, 2025 | Annual ↗ | Jun 28, 2025 | 52d |
| May 7, 2025 | Quarterly ↗ | Mar 29, 2025 | 39d |
| Feb 6, 2025 | Quarterly ↗ | Dec 28, 2024 | 40d |
| Nov 8, 2024 | Quarterly ↗ | Sep 28, 2024 | 41d |
| Aug 21, 2024 | Annual ↗ | Jun 29, 2024 | 53d |
| May 7, 2024 | Quarterly ↗ | Mar 30, 2024 | 38d |
| Feb 8, 2024 | Quarterly ↗ | Dec 30, 2023 | 40d |
| Nov 8, 2023 | Quarterly ↗ | Sep 30, 2023 | 39d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 11, 2026 | Results ↗ |
| Jul 30, 2026 | Director or officer change ↗ |
| Jun 1, 2026 | Unregistered share sale ↗ |
| May 5, 2026 | Results ↗ |
| Apr 8, 2026 | Unregistered share sale ↗ |
| Mar 2, 2026 | Unregistered share sale · Charter or bylaws · Regulation FD ↗ |
| Feb 3, 2026 | Results ↗ |
| Jan 5, 2026 | Director or officer change ↗ |
| Dec 22, 2025 | Material agreement · New obligation ↗ |
| Dec 15, 2025 | Director or officer change ↗ |
| Nov 24, 2025 | Director or officer change · Shareholder vote ↗ |
| Nov 4, 2025 | Results ↗ |