Lumentum Holdings Inc.
Lumentum Holdings Inc. (LITE) Stock News
The latest LITE headlines and market coverage — 5 recent stories, updated throughout the day.
- Zacks Investment Research·
3 Best AI Stocks to Buy on This Pullback (SNDK, LITE, JBL)
Recent market corrections in AI and semiconductor stocks are creating attractive buying opportunities for investors willing to look beyond short-term volatility. Three stocks stand out as compelling investments in AI infrastructure: Sandisk benefits from extraordinary demand for memory and storage with 372% revenue growth; Lumentum leads in optical networking with products sold out through 2029; and Jabil offers diversified manufacturing services with accelerating AI revenue growth. All three companies show strong fundamental tailwinds and supply constraints that should persist well beyond the current correction.
- Zacks Investment Research·Neutral
LITE vs. NVTS: Which AI Data Center Stock Is the Better Buy?
Lumentum Holdings (LITE) and Navitas Semiconductor (NVTS) are two key players benefiting from AI data center demand. Lumentum is experiencing surging demand for optical components with 109% YoY revenue growth and strong earnings momentum, while Navitas faces ongoing losses and execution risks despite ramping AI power programs. Lumentum is rated as the stronger investment opportunity with a Zacks Rank #2 (Buy) versus Navitas's Rank #3 (Hold).
- Zacks Investment Research·
Why Is Lumentum (LITE) Up 6.1% Since Last Earnings Report?
Lumentum (LITE) reported Q4 fiscal 2026 earnings of $3.23 per share, up 267% YoY and beating estimates by 8.03%, with revenues surging 109.3% to $1.01 billion. Strong demand for cloud and AI products, particularly 1.6T transceivers and optical components, drove growth. The company posted record gross margins of 50.4% and operating margins of 36.6%, with guidance for Q1'27 revenues between $1.225-$1.275 billion. Lumentum has a Zacks Rank #1 (Strong Buy) rating with upward estimate revisions.
- GlobeNewswire Inc.·
EVA LIVE TARGETS A $3 TRILLION GLOBAL DEFENSE, SATELLITE AND AI INFRASTRUCTURE OPPORTUNITY WITH PROPOSED ACQUISITION OF AIRBEAM WIRELESS TECHNOLOGIES
Eva Live Inc. (NASDAQ: GOAI) announced a Letter of Intent to acquire a controlling 51% interest in Airbeam Wireless Technologies for approximately $16 million, with an option to acquire the remaining 49%. The acquisition provides access to over 260 patents and advanced millimeter-wave semiconductor technology built on more than $150 million in cumulative R&D investment. Eva Live aims to combine Airbeam's wireless technology with its AI platform to develop next-generation communications for autonomous drone swarms, resilient military networks, smart cities, and satellite infrastructure, targeting a $3 trillion global opportunity.
- GlobeNewswire Inc.·
Arvinas Joins The Michael J. Fox Foundation’s LITE and PPMI Programs to Advance New Therapies Targeting LRRK2 for Parkinson’s Disease
Arvinas announced it has joined The Michael J. Fox Foundation's LRRK2 Investigative Therapeutics Exchange (LITE) program and Parkinson's Precision Medicine Initiative (PPMI) to advance ARV-102, its investigational PROTAC drug targeting LRRK2 for treating Parkinson's disease and progressive supranuclear palsy. The company plans to initiate Phase 1b and potentially Phase 2 registrational trials in PSP patients in the second half of 2026.