Lumentum's AI-Driven Growth Surges
Update: 2025-11-27
Description
Lumentum Holdings, a San Jose-based company, has seen a significant surge in revenue and earnings per share in its first quarter fiscal 2026 results, driven by its growing focus on cloud and AI infrastructure. The companys management projects a rapid expansion in the second quarter, with revenue expected to reach between $630 million and $670 million. Analysts are optimistic about Lumentums growth potential, with several firms reiterating Buy ratings and raising price targets for the companys stock.
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