Lumentum Set For Growth: Analysts See Strong Recovery Ahead With AI And Telecom Momentum
Lumentum Set For Growth: Analysts See Strong Recovery Ahead With AI And Telecom Momentum
Lumentum Holdings Inc. (NASDAQ:LITE) shares are trading higher after the company reported fourth-quarter results and several analysts raised the price target on the stock.
Lumentum控股（NASDAQ:LITE）股份上涨，原因是公司公布了第四季度业绩报告，同时多家分析师上调了该股目标价。
On Wednesday, the company reported net revenue of $308.3 million, beating the consensus of $300.8 million, and adjusted EPS of $0.06, which surpassed the street view of $0.03.
周三，该公司宣布净营业收入为3,083万美元，超过3008万美元的共识，并且调整后每股收益为0.06美元，超过0.03美元的街头预期。
Lumentum expects first-quarter net revenue of $315 million – $335 million (vs. consensus of $312.57 million), adjusted operating margin of 0% – 3%, and adjusted EPS of $0.07 – $0.17 (vs. street view of $0.13).
Lumentum预计第一季度净营业收入为3,150-3,350万美元（预计值为3,125.7万美元），调整后营业利润率为0-3%，调整后每股收益为0.07-0.17美元（街头预期为0.13美元）。
Rosenblatt analyst Mike Genovese raised the price target to $69.00 from $65.00 with a Buy rating.
Rosenblatt分析师Mike Genovese将该股的目标价从65美元上调至69美元，并给出买入评级。
The analyst writes that despite trailing Coherent Corp. (NYSE:COHR), Innolight, and Fabrinet (NYSE:FN) in 800+G AI transceivers, the company is well-positioned to catch up and achieve similar growth.
该分析师认为，尽管在800+G人工智能收发器方面落后于Coherent Corp.（NYSE: COHR）、Innolight和Fabrinet（NYSE: FN），但该公司很有可能赶上并实现类似的增长。
Genovese adds that Lumentum's positive outlook on the Telecom market, which has been weak recently, mainly highlights ZR and ZR+ technologies driven by Web Scale customers.
Genovese补充说，Lumentum对电信市场的积极前景，其主要的互联网规模客户驱动的ZR和ZR+技术，是近期疲软的电信市场的一大亮点。
Since ZR often replaces traditional DWDM systems for DCI applications, the analyst does not see LITE's Telecom comments as beneficial for Telecom optical players.
由于ZR经常取代传统的DWDm系统用于DCI应用，该分析师认为，LITE的电信评论对电信光学产品制造商并不有利。
Instead, they may pose a headwind for optical vendors primarily focused on Telecom customers, writes the analyst.
相反，他们可能对主要专注于电信客户的光学供应商构成风险，写道该分析师。
Genovese raised the revenue estimate to $1.58 billion (from $1.51 billion) for FY25 and $1.90 billion (from $1.82 billion) for FY26.
Genovese将FY25年的收入预估从15.1亿美元提高至15.8亿美元，将FY26年的收入预估从18.2亿美元提高至19亿美元。
Moreover, Needham analyst Alex Henderson maintained a Buy rating and upped the price target to $70 (from $65).
此外，Needham分析师Alex Henderson维持买入评级，并将目标价从65美元上调至70美元。
The analyst writes that they expect CY25 to be a strong recovery year for the company, driven by growth in AI transceivers and EML/CW chips, which could see quarterly revenue jump from ~$111 million to $215 million.
该分析师认为，由于人工智能收发器和EML/CW芯片的增长，他们预计CY25年是该公司的强劲复苏年，季度收入从大约1.11亿美元跳至2.15亿美元。
The analyst adds that telecom demand seems to be bottoming out, with a rebound anticipated in late CY24/early CY25.
该分析师补充说，电信需求似乎正在触底，并预计在CY24年底/ CY25年初出现反弹。
Henderson writes that the stock responded positively to Lumentum's announcement of a major new AI transceiver customer, with more potential customer wins anticipated in the coming quarters.
Henderson写道，Lumentum宣布获得一家大型新人工智能收发器客户的消息对股票产生了积极影响，未来几个季度预计会获得更多潜在客户赢得。
The analyst raised EPS estimates to $1.60 from $1.26 for FY25 and $3.04 from $3.26 for FY26.
该分析师将FY25的每股收益预测从1.26美元上调至1.6美元，将FY26的每股收益预测从3.26美元下调至3.04美元。
Investors can gain exposure to the stock via SPDR S&P Telecom ETF (NYSE:XTL) and Syntax Stratified MidCap ETF (NYSE:SMDY).
投资者可以通过SPDR S&P电信ETF（NYSE:XTL）和Syntax Stratified MidCap ETF（NYSE:SMDY）获取该股。
Price Action: LITE shares are up 13.5% to $51.70 at the last check Thursday.
股票价格：在上周四最后一次查询时，LITE的股价上涨了13.5％至51.7美元。
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免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
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