Today: 10 June 2026
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NASDAQ:LITE 28 January 2026 - 6 February 2026

Lumentum stock price rises again as AI optics backlog keeps Wall Street lifting targets

Lumentum stock price rises again as AI optics backlog keeps Wall Street lifting targets

Lumentum Holdings shares rose 3.7% to $523.28 Friday after reporting a 65% jump in fiscal Q2 revenue to $665.5 million and forecasting March-quarter revenue of $780–$830 million. The company’s optical-circuit-switch backlog now exceeds $400 million, with a major co-packaged optics order due in 2027. Analysts at Citi, Needham, and B. Riley raised price targets, citing strong AI-related demand.
6 February 2026
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Lumentum stock price jumps after hours as AI optics orders keep NASDAQ:LITE in play

Lumentum stock price jumps after hours as AI optics orders keep NASDAQ:LITE in play

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.
6 February 2026
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Lumentum stock whipsaws as AI-linked outlook meets a choppy tape

Lumentum stock whipsaws as AI-linked outlook meets a choppy tape

Lumentum shares rose 0.7% to $468.58 Thursday morning after swinging nearly 16% between $426.84 and $504. The company reported fiscal Q2 revenue of $665.5 million and forecast Q3 revenue up to $830 million, citing strong demand for optical circuit switches and a large co-packaged optics order. Analysts raised price targets sharply after the update. About 3.5 million shares traded by 10:37 a.m. EST.
5 February 2026
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Lumentum stock price jumps after hours as upbeat outlook and analyst target hikes land

Lumentum stock price jumps after hours as upbeat outlook and analyst target hikes land

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.
4 February 2026
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Lumentum stock jumps as $400 million optics backlog and strong outlook move the price

Lumentum stock jumps as $400 million optics backlog and strong outlook move the price

Lumentum Holdings shares surged 7.3% to $466.89 Wednesday after the company posted $665.5 million in quarterly revenue and forecast stronger sales for the next quarter. CEO Michael Hurlston cited a $400 million optical switch backlog and a major new laser order. Analysts raised price targets following the report. Shares swung between $443.10 and $509.90 in volatile trading.
4 February 2026
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Lumentum stock jumps after earnings beat, AI optics demand lifts outlook

Lumentum stock jumps after earnings beat, AI optics demand lifts outlook

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.
4 February 2026
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Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

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.
3 February 2026
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Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
2 February 2026
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Lumentum stock (Nasdaq: LITE) jumps 13% as earnings day nears

Lumentum stock (Nasdaq: LITE) jumps 13% as earnings day nears

Lumentum shares jumped 13.1% to $443.13 by midday Monday after hitting $448.24, ahead of fiscal Q2 earnings due Tuesday after the close. The company forecast Q2 revenue of $630 million to $670 million and a non-GAAP operating margin of 20% to 22%. Morgan Stanley raised its price target to $350 but kept an equal-weight rating. Trading volume reached about half the three-month average.
2 February 2026
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Lumentum stock jumps 12% ahead of earnings — what traders are watching next

Lumentum stock jumps 12% ahead of earnings — what traders are watching next

Lumentum shares surged 12.2% to $439.52 in late morning trading Monday, ahead of its fiscal Q2 earnings report due after Tuesday’s close. About 2.6 million shares traded as investors focused on demand from AI data centers and margin outlook. Peers Coherent and Ciena also rose over 6%. Lumentum previously forecast Q2 revenue of $630–$670 million and adjusted EPS of $1.30–$1.50.
2 February 2026
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Applied Optoelectronics (AAOI) stock jumps nearly 18% on Oxford Instruments Texas expansion deal

Applied Optoelectronics (AAOI) stock jumps nearly 18% on Oxford Instruments Texas expansion deal

Applied Optoelectronics shares jumped nearly 18% to $44.05 midday after Oxford Instruments announced a plasma equipment supply deal for AOI’s Texas facility. The agreement supports AOI’s expansion in indium phosphide production for optical transceivers used in AI data centers. Investors also watched the Fed’s policy decision for its impact on tech stocks.
28 January 2026
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Stock Market Today

  • Micron Stock Approaches $1 Trillion Market Cap Amid AI Demand Ahead of June 24 Earnings
    June 10, 2026, 5:52 AM EDT. Micron Technology shares fell 1.5% to $935.89 on Tuesday, bringing its market value to about $1.07 trillion. The stock, traditionally a cyclical memory-chip supplier, is now seen as a key beneficiary of artificial intelligence (AI) spending, driven by high-bandwidth memory (HBM) scarcity in data centers. Despite the recent pullback in AI-linked shares, bullish analysts including UBS and Cantor Fitzgerald maintain buy ratings and highlight tight supply and rising demand for Micron's DRAM and NAND products. Micron's fiscal third-quarter earnings call on June 24 is the next major catalyst. Additionally, the company appointed Alexis Black Björlin to its board to strengthen expertise in AI infrastructure and cloud systems, signaling confidence in sustained AI-driven growth.

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Oracle shares slid nearly 3% to $205.81 ahead of Wednesday’s earnings, as investors await proof that its $553 billion AI cloud backlog can convert to revenue quickly enough to justify heavy data-center spending, with options pricing signaling an 11% stock swing after results.
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Micron Stock’s $1 Trillion AI Test Is Here as Traders Look to June 24

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10 June 2026
Micron shares fell 1.5% to $935.89 as the AI-chip rally cooled, despite bullish analyst calls and price targets up to $1,625; investors await the June 24 earnings report to see if tight memory chip supply and AI demand can sustain the stock’s trillion-dollar valuation amid broader market jitters and shifting sentiment.
Ondas Stock Comes Back Into the Spotlight After 13% Drop; Drone Trade Faces Fresh Challenge

Ondas Dips Premarket After 2.7 Million-Share Filing

10 June 2026
SoFi Technologies traded near $16.47 in early premarket, little changed as investors weighed its AI and digital asset product push against a risk-off market mood, with no fresh earnings news and inflation data looming that could impact rates, loan demand, and fintech valuations.
Ondas Dips Premarket After 2.7 Million-Share Filing

SoFi Stock Holds Ahead of Pre-Market Test as Wall Street Grows Defensive

10 June 2026
Rolls-Royce shares rebounded 1.5% in London after Tuesday’s 2.68% drop, as investors weighed fresh airline criticism over engine delays against the company’s reaffirmed 2026 profit and cash flow guidance; CEO Tufan Erginbilgic said Rolls had a “strong start to the year,” but risks remain if airline pressure leads to higher costs or slower cash conversion.
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