Lumentum Holdings (LITE) Stock Forecast: AI Data Center Star Faces Valuation Jitters After 300% 2025 Rally
Dateline: December 8, 2025 Lumentum Holdings Inc. (NASDAQ: LITE) has turned from a niche optical components maker into one of the stock market’s loudest AI-infrastructure stories in 2025. As of the afternoon of December 8, 2025, Lumentum shares trade around the mid‑$340s, near their all‑time highs, giving the company a market cap of roughly $24 billion and a trailing P/E above 200. StockAnalysis+1 The move has been spectacular: various measures show the stock up roughly 220–270% over the past year and nearly 300% year‑to‑date, massively outpacing both its communication‑equipment peers and the wider tech sector. TradingView+1 On December 8, 2025