Lumentum Holdings (LITE) Stock Rides AI Optical Wave to Record Highs Amid Institutional Buying and Valuation Warnings – November 30, 2025
Lumentum Holdings Inc. (NASDAQ: LITE) has become one of 2025’s most explosive AI infrastructure plays. After a series of blowout earnings, aggressive analyst upgrades and a torrent of AI-related enthusiasm, the stock closed Friday, November 28, at $325.16, near its all‑time high and more than seven times its 52‑week low of $45.65.Investing.com+1 Today’s headlines sharpen a growing tension in the Lumentum story: big money is still buying, but so are valuation red flags. Simply Wall St now pegs the stock as meaningfully overvalued versus its fair value models, while MarketBeat reports that institutional ownership has climbed above 90% even as