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Stock impact report

Lumentum Holdings: A Hidden Gem Among AI Stocks [Seeking Alpha]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
The company's FY26 revenue grew 58.44% YoY, beating estimates, and with guidance surpassing its $600M quarterly revenue milestone two quarters early in the second quarter. Its first quarter FY 2026 EBITDA more than doubled sequentially, reducing its debt-to-EBITDA from 41.73 to 24.48, partially mitigating concerns about high leverage. Despite persistent negative FCF, increased cash reserves and rapid deleveraging support a bullish outlook for growth investors. I maintain a buy rating for Lumentum due to its robust revenue growth driven by high demand from the cloud and AI. JHVEPhoto/iStock Editorial via Getty Images Lumentum ( LITE has risen dramatically since my buy recommendation on Oct. 11, 2025, to its Dec. 12 closing price of $324.35, mainly because of its excellent earnings on Nov. 4 that quieted some doubts about the company's lack of profitability while highlighting several reasons This article was written by Analyst's Disclosure: I/we have no stock, option or s Show less Read more
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