---
title: Lumentum (LITE) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/lite
ticker: LITE
as_of: 2026-10-17
sector: Technology
industry: Communication Equipment
---
# Lumentum (LITE)

Lumentum (LITE) closed at $824.13 on Oct 16, 2026; the valuation models produced no usable figure for this snapshot.

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $824.13 (Oct 16, 2026) |
| Model value (median of the weighted models) | none — out of range |
| Price vs model | — |
| Range across the models | $0.00 – $0.00 |
| Market value | $74.7B |
| P/E (fiscal 2026) | — |
| Net margin (fiscal 2026) | -230.1% |
| Free cash flow (fiscal 2026) | $300.1M |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 1.54 |
| Cost of capital (WACC) | 10.44% |
| Business classification | Cyclical (High revenue growth (~49% recent), Currently unprofitable, Highly cyclical earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Best performing this year | #13 | +123.6% | https://sweetvaluelab.com/lists/best-performing-this-year |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is the median of the primary and cross-check models; sanity checks are shown, not weighted. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $0.00 | $0.00 | $0.00 |
| DCF · Perpetuity growth · 10y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| EV/EBITDA · peers | cross check | $0.00 | $0.00 | $0.00 |
| EV/Revenue · peers | cross check | $0.00 | $0.00 | $0.00 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 37 open-market sales ($56.8M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 1, 2026 | Ali Wajid | EVP & CHIEF FINANCIAL OFFICER | Open-market sell (10b5-1 plan) | 24,542 | $25.7M |
| Sep 29, 2026 | Wupen Yuen | PRESIDENT, GLOBAL BUS. UNITS | Open-market sell (10b5-1 plan) | 307 | $290,115 |
| Sep 28, 2026 | Wupen Yuen | PRESIDENT, GLOBAL BUS. UNITS | Open-market sell (10b5-1 plan) | 500 | $474,250 |
| Sep 25, 2026 | Wupen Yuen | PRESIDENT, GLOBAL BUS. UNITS | Open-market sell (10b5-1 plan) | 500 | $467,875 |
| Sep 24, 2026 | Wupen Yuen | PRESIDENT, GLOBAL BUS. UNITS | Open-market sell (10b5-1 plan) | 500 | $460,535 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 6, 2026 | ARS | Annual report to shareholders | https://www.sec.gov/Archives/edgar/data/1633978/000130817926000422/lite-ars.pdf |
| Oct 6, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/1633978/000130817926000421/lite2026-defa14a.htm |
| Oct 6, 2026 | DEF 14A | Proxy statement | https://www.sec.gov/Archives/edgar/data/1633978/000130817926000420/lite2026-def14a.htm |
| Aug 17, 2026 | 10-K | Annual report | https://www.sec.gov/Archives/edgar/data/1633978/000162828026057358/lite-20260627.htm |
| Aug 11, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1633978/000162828026055726/lite-20260811.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 18,629 | $16.0M |
| Lee Ainslie | 2026-06-30 | 1,032 | $885,518 |
| Polen Capital | 2026-06-30 | 243 | $208,509 |

3 tracked managers in all.

## About

Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components, modules, and subsystems essential for transmitting video, audio, and data across high-capacity fiber optic networks. Its offerings encompass a wide range of products, including tunable transponders, transceivers, and transmitter modules, alongside various tunable lasers, receivers, and modulators. Furthermore, this segment provides critical transport products such as reconfigurable optical add/drop multiplexers (ROADMs), optical amplifiers, and optical channel monitors. A comp…

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Source: https://sweetvaluelab.com/stocks/lite (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.