Lumentum Holdings Share Price (LITE.US)

848.20...31.22 (3.82%) ...Bid: 848.08....Ask: 849.00...Spread: 0.92 (0.108%)

Market Cap: $63.56b

Topped up $760.35 at target 3pm on way down to $754 limit went strait through

Did not check live price .

Maybe just as well this time as they improved quickly just after , the limit order was for a higher $ 774.50 ( USA executions seem much fairer buys go through under the limit orders )

Maybe set limit and then check live price before hitting button .

Unlike SCLP earlier today .

858.86...-11.12 (-1.28%) ...Bid: 858.14....Ask: 859.51....Spread: 1.37 (0.16%)

Market Cap: $68.10b.

Bought for $848

Lumentum remains in a volatile uptrend despite a mid-June pullback. Analysts project continued growth driven by record-breaking Q3 fiscal 2026 revenue and an aggressive $2 billion NVIDIA investment. While high valuation multiples incite recent profit-taking, market consensus suggests robust demand for AI infrastructure will likely fuel outperformance in the next quarter.

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Bearish view

Trading at a trailing P/E ratio exceeding 160x, Lumentum is susceptible to sharp volatile episodes, exemplified by an 8.5% drop on June 16. Bears argue the stock is priced for perfection following a gain of over 900% in the past year, making it vulnerable to multiple contraction during market rotations.