Lumentum Stock (NASDAQ: LITE) Today: BofA Raises Price Target to $375 as AI Data Centers Tighten Laser Supply
December 16, 2025 — Lumentum Holdings Inc. (NASDAQ: LITE) is back in the market spotlight on Tuesday, not because the story changed, but because the intensity did: Wall Street is recalibrating how quickly AI data-center networking is moving from “nice-to-have” to “can’t-run-without.” Yet the stock itself is reminding investors that momentum stocks don’t levitate in straight lines. As of the latest available quote in Tuesday’s session, Lumentum shares traded around $314.66, down about 6% on the day, after opening near $334.75 and swinging between roughly $309 and $338. The company’s market capitalization sat near $23.2 billion, with a 52-week range