Lumentum Stock Surges: Analyze Market Reaction
Lumentum Holdings Inc. stocks have been trading up by 7.79 percent following notable strategic advancements boosting investor confidence.
Market Performance Highlights:
- Lumentum has introduced new products at ECOC 2025, targeting AI and data centers with innovations like ELSFP transceivers.
- Recent analysis from JPMorgan increased Lumentum’s price target to $185, driven by strong data center investments.
- Susquehanna raised the stock target to $190 following an optimistic earnings preview, despite market concerns.
- Morgan Stanley also adjusted Lumentum’s price target to $145, noting the demand for optical and networking solutions.
- Lumentum is set to release its upcoming earnings report on Nov 4, 2025, adding anticipation…
