NASDAQ:LITE News 3 February 2026 - 7 February 2026

Lumentum Holdings shares jumped 8.4% to $504.42 in after-hours trading Thursday after reporting fiscal Q2 revenue of $665.5 million and GAAP earnings of $0.89 per share. The company disclosed an optical circuit switch backlog “well beyond $400 million” and a new co-packaged optics order for delivery in early 2027. Trading volume hit 8.5 million shares. Investors await further guidance at Lumentum’s March 17 briefing.

Lumentum Holdings shares rose 7.2% to $465.54 in after-hours trading Wednesday after the company reported fiscal Q2 revenue of $665.5 million and issued stronger-than-expected Q3 guidance. Analysts at Stifel and B. Riley raised their price targets, with B. Riley upgrading the stock to Buy. The company cited robust demand for transceivers and growth in optical circuit switches but warned of risks from shifting orders and pricing pressure.

Lumentum Holdings shares jumped 3% after hours Tuesday, closing at $435.10, after adjusted earnings of $1.67 per share and $665.5 million revenue beat estimates. The company forecast March-quarter revenue up to $830 million and reported an optical-switch backlog over $400 million. Shares swung sharply after the report, following a volatile session for tech stocks.

Lumentum shares climbed 4.9% to $444.23 by midday Tuesday, following an 8.1% surge Monday. Trading volume reached 4 million shares. The company previously forecasted fiscal Q2 revenue of $630 million to $670 million and non-GAAP EPS of $1.30 to $1.50. Investors await Tuesday’s earnings and updated guidance.

Lumentum shares surged 8.1% Monday to $423.42 ahead of its fiscal Q2 earnings due after Tuesday’s close. Wall Street expects adjusted EPS of $1.40 and revenue near $646.7 million. Morgan Stanley raised its price target to $350 but kept an equal-weight rating. Investors are watching for signals on data-center demand and guidance during the 5 p.m. ET call.

Lumentum Holdings shares surged about 8% Monday, closing near $423.42 after swinging between $384.08 and $444.80 on heavy volume. The company will report fiscal second-quarter results after Tuesday’s close, with a conference call set for 5 p.m. ET. Optical and semiconductor stocks broadly advanced as investors anticipate AI-driven demand.