Lumentum stock: BNP Paribas lifts target for Lumentum stock from USD 1,380.00 to USD 1,425.00

Published on 10/21/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q4 revenue reached USD 1.01 billion, up 109.30 percent. Lumentum stock costs EUR 761.15 on October 21, 2026, up 3.03 percent versus Xetra close.

Target and operating figures

On October 14, 2026, BNP Paribas raised its 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 761.15 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST, up 3.03 percent versus the Xetra close of October 20, 2026.
The next report is expected around November 5, 2026.

LITE, US55024U1097, Illustration mit AI erstellt.

Lumentum (ISIN US55024U1097) received a higher BNP Paribas target, rising from USD 1,380.00 to USD 1,425.00 in a note dated October 14, 2026, as listed by MarketScreener. Using the Nasdaq close of USD 824.13 on October 16, 2026, the new target stood 72.91 percent above that price. Lumentum was trading at EUR 761.15 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST, up 3.03 percent versus the Xetra close of October 20, 2026 at EUR 738.80.

Revenue reached USD 1.01 billion

The latest reported quarter delivered strong operating growth. MarketWatch reported that fiscal fourth-quarter revenue for the period ended June 27, 2026, reached USD 1.01 billion, up 109.30 percent from the prior-year quarter. GAAP operating margin was 27.80 percent, compared with a negative 1.70 percent in the fourth quarter of fiscal 2025.

EUR 761.15 after a 3.03 percent gain

The German quote places Lumentum 24.50 percent below its EUR 1,008.20 52-week high and within a EUR 35.96 to EUR 1,008.20 range as of October 21, 2026. Market capitalization was EUR 68.0 billion, while the price-to-earnings ratio was negative 9.12 on the same quote. The Nasdaq listing is LITE, and the primary exchange is the Nasdaq Global Select Market.

Next report expected November 5

The latest fiscal-quarter release also set first-quarter fiscal 2027 revenue guidance at USD 1.225 billion to USD 1.275 billion and non-GAAP operating margin guidance at 39.50 percent to 40.50 percent. Yahoo Finance reported that the next report was expected around November 5, 2026. The guidance range gives investors a defined operating benchmark for the next update.

What the target says about valuation

BNP Paribas raised its target while Lumentum continued to trade well below the analyst level in the Nasdaq price context. The comparison matters because the fiscal fourth-quarter GAAP loss of USD 7.16 billion included a one-time, non-cash debt-extinguishment loss of USD 7.76 billion, while non-GAAP net income reached USD 326.30 million for the same period, according to MarketWatch.

Stock trades above the Xetra close

Lumentum was trading at EUR 761.15 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST, up 3.03 percent versus the Xetra close of October 20, 2026 at EUR 738.80. The further course of trading is shown by the continuously updated real-time quote of Lumentum stock.