LITE

Nasdaq

Lumentum Holdings Inc.

Information Technology, Communications Equipment

$890.17

close 7 Aug 2026

+673.86%

52-week change

$63.83B

market cap

$111.20

$1,085.68

52-week range

Expected price

$186.03 – $227.37

Current price

$890.17

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)160.68x

P/S (TTM)25.65x

P/B21.47x

EV/EBITDA (TTM)181.81x

FCF yield (TTM)0.18%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average125.32x

P/E, sector median37.34x*

Price at 5-year median P/E$201.16*

Forward — analyst consensus

Forward P/E (FY2026)108.21x*

Forward P/E (FY2027)47.51x

Forward PEG0.85*

Consensus EPS FY2026 (23 analysts)$8.23

EPS growth (FY2026→FY2027)127.73%

Revenue growth (FY2026)81.96%

Street view

Price target (mean)$1,125.93*

Target upside26.48%

Ratings (buy / hold / sell)20 / 4 / 0

FY2026 EPS revisions, 30d (up / down)3 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 28 Mar 2026, filed 6 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$890.17

Cash & equivalents$2.62B

Total debt$3.28B

Shares outstanding71.70M

Result

DCF price per share$26.76

Current price$890.17

Margin of safety-96.99%

PV of years 1–10$979.57M

PV of terminal value$1.60B

Equity value$1.92B

Market-implied growth+49.36%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$119.70M	$125.69M	$131.97M	$138.57M	$145.50M	$152.77M	$160.41M	$168.43M	$176.85M	$185.69M	$3.46B
PV	$110.83M	$107.75M	$104.76M	$101.85M	$99.02M	$96.27M	$93.60M	$91.00M	$88.47M	$86.01M	$1.60B

period to 28 Mar 2026, filed 6 May 2026, close 7 Aug 2026