Lumentum (LITE) is presented by the author as an AI infrastructure player that could beat expectations when it reports fiscal 2027 first-quarter results. McKinsey estimates that supply of 1.6 Tbps transceivers could be 30% to 40% below demand through 2029, which the author links to rising prices and margins. Analysts expect revenue to rise 135% year over year to $1.25 billion and adjusted EPS to jump 284% to $4.22, while Goldman Sachs sees optical networking revenue growing from $15 billion in 2026 to $154 billion in 2028. The shares have fallen 19% from their 52-week high and trade at 43 times forward earnings; the author's scenario of $48.28 EPS in fiscal 2029 at 30 times earnings implies a price of $1,448, a potential gain of 58%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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