NEW YORK, Jan 4, 2026, 20:46 ET — Market closed
- Lumentum shares closed up 4.75% at $386.11 on Friday, near the top of their recent range. Yahoo Finance
- The stock sits about 4% below its 52-week high of $401.60, according to Nasdaq. Nasdaq
- U.S. payrolls on Jan. 9 and CPI on Jan. 13 headline the week’s macro calendar that can move rate-sensitive tech hardware names. Bureau of Labor Statistics
Lumentum Holdings Inc shares head into Monday’s U.S. session with momentum after ending Friday up 4.75% at $386.11. The stock traded as high as $392 and logged about 2.82 million shares in volume, Yahoo Finance data showed. Yahoo Finance
The move matters because Lumentum has become a fast-moving proxy for spending on higher-speed data-center links that support artificial intelligence (AI) computing. With the stock already pressing toward a 52-week high, traders are bracing for a week where macro data and risk sentiment can reprice growth names quickly.
“The market is looking for direction,” Matthew Maley, chief market strategist at Miller Tabak, said in a Reuters Week Ahead column that flagged Friday’s U.S. jobs report and rapid developments in Venezuela as potential volatility triggers. Reuters also noted semiconductor shares led gains in the first session of 2026. Reuters
On the chart, Lumentum is within striking distance of its 52-week high of $401.60, with the 52-week range spanning $45.65 to $401.60, according to Nasdaq. Friday’s low around $375 is the nearest reference level traders cite as initial support. Nasdaq
Peers moved in the same direction into the long weekend. Coherent gained 5.3% on Friday and Ciena rose about 5.2%, reflecting broader strength across optical and networking-linked hardware.
Lumentum sells optical and photonic components used in cloud data centers and communications networks, and also makes industrial lasers. Reuters describes its two reportable segments as Cloud & Networking and Industrial Tech. Reuters
The next company check-in is earnings. In an earnings release filed with the SEC in November, Lumentum forecast fiscal second-quarter revenue of $630 million to $670 million and non-GAAP earnings per share of $1.30 to $1.50; non-GAAP excludes certain items such as stock-based compensation and other adjustments. SEC
Macro could set the tone first. The Labor Department’s schedule shows the December U.S. employment report due at 8:30 a.m. ET on Jan. 9, followed by the consumer price index for December on Jan. 13. Bureau of Labor Statistics
But Lumentum’s positioning cuts both ways. A stronger-than-expected jobs print or sticky inflation can push bond yields higher and pressure richly valued AI-hardware winners, while any hint of demand slowing or margin friction could sharpen profit-taking into earnings.
For Monday, investors will be watching whether the stock can build on Friday’s close without giving back the move in early trading. Nasdaq estimates Lumentum is scheduled to report earnings around Feb. 5, though the date is algorithm-derived until the company confirms it. Nasdaq
