BNP Paribas lifts target for Lumentum stock to USD 1,425.00

Published on 10/16/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 5, 2026. Lumentum stock costs EUR 753.65 on October 16, 2026, down 2.80 percent versus the Xetra close.

BNP Paribas target update

On October 14, 2026, BNP Paribas lifted its Lumentum target from USD 1,380.00 to USD 1,425.00.
Fiscal fourth-quarter revenue reached USD 1.01 billion, up 109.30 percent year over year.
Lumentum stock costs EUR 753.65 at Lang & Schwarz on October 16, 2026 at 4:02 p.m. CEST, 2.80 percent below the Xetra close of October 15, 2026.
Lumentum is scheduled to report fiscal first-quarter results on November 5, 2026.

LITE, US55024U1097, Illustration mit AI erstellt.

Lumentum Holdings Inc. (ISIN US55024U1097) is trading at EUR 753.65 at Lang & Schwarz on October 16, 2026 at 4:02 p.m. CEST, down 2.80 percent versus the Xetra close of October 15, 2026 at EUR 775.40. BNP Paribas lifted its target from USD 1,380.00 to USD 1,425.00 on October 14, 2026, putting the target 67.90 percent above the Nasdaq price of USD 848.74 at 10:09 a.m. EDT.

Target rises as results approach

According to Yahoo Finance, the BNP Paribas action came as Lumentum remained tied to demand for optical components used in artificial intelligence infrastructure. The higher target is a dated analyst view, not a company forecast.

Revenue sets the operating benchmark

Lumentum reported fiscal fourth-quarter revenue of USD 1.01 billion for the period ended June 27, 2026, up 109.30 percent from USD 480.70 million a year earlier. MarketWatch also reported a GAAP operating margin of 27.80 percent and a non-GAAP operating margin of 36.60 percent for that quarter. The GAAP net loss of USD 7.20 billion included a one-time, non-cash loss on debt extinguishment of USD 7.80 billion.

Price position and trading range

The Nasdaq price of USD 848.74 was 25.73 percent below the 52-week high of USD 1,143.00 and 456.95 percent above the 52-week low of USD 152.54. Lumentum had traded 2.39 percent lower on the Nasdaq at 10:09 a.m. EDT, with volume of 1,177,479 shares against an average volume of 4,797,742 shares.

Valuation and reporting dates

Lumentum's market capitalization was USD 76.9 billion, while its price-to-earnings ratio was minus 9.11 as of October 16, 2026. Simply Wall St listed November 5, 2026 as the next earnings date and November 18, 2026 as the annual meeting date.

Comparison with peers

Lumentum: minus 2.80 percent, P/E minus 9.11, market capitalization USD 76.9 billion
Coherent (Nasdaq, USD): minus 5.11 percent, P/E 57.74, market capitalization USD 46.8 billion
Ciena (NYSE, USD): minus 3.12 percent, P/E 77.34, market capitalization USD 49.0 billion

What the next report will test

The upcoming fiscal first-quarter report will put the earlier outlook against actual demand. Lumentum had guided fiscal first-quarter revenue to USD 1.225 billion to USD 1.275 billion, with non-GAAP operating margin of 39.50 percent to 40.50 percent. That range is the clearest near-term operating benchmark alongside the higher analyst target.

Market position in euros

The Nasdaq quotation and the euro quotation point to the same session's risk-off tone, but they use different currencies and venues. The German reference for the daily move remains the Xetra close of October 15, 2026 at EUR 775.40.

At Lang & Schwarz, Lumentum stock was trading at EUR 753.65 on October 16, 2026 at 4:02 p.m. CEST, 2.80 percent below the Xetra close of October 15, 2026 at EUR 775.40. The further course of trading is shown by the continuously updated real-time quote of Lumentum stock.