Lumentum Holdings (LITE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- —
- Estimate
- $2.97
- Surprise
- —
- Score at report (before → after)
- 6.5 → 6.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
TrendMatrix's engine moved from Hold (6.5/10) to Buy (Wait) at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LITE Hold at 6.1/10.
3 of the last 4 quarters beat the estimate. Next scheduled report: 2026-11-05.
What supports the rating
- Strong earnings beat streak (3/4)
- Positive news sentiment (+0.67)
What argues against it
- Concentration risk — Supplier: sole source suppliers for materials, equipment and components
- Analyst target reached - limited upside remaining
- Near 52-week high (0.3% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $1133.40
- Price target
- $1303.41
- Stop
- $1054.06
- Upside to target
- +15.0%
Risk check: RSI 80 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.
LITE at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Communication Equipment
- Market cap
- $101.67B
- P/E (fwd)
- 31.9
- 52-week range
- $147.81–$1137.20
- Off 52-week high
- 0.3%
- RSI (14)
- 80
- Volume vs avg
- 0.90×
- Score today
- 6.1/10