StoneX starts coverage. Lumentum stock gains 1.04 percent

Published on 10/27/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

StoneX set a USD 1,200 target on October 26, 2026. Lumentum stock costs EUR 741.60 on October 27, 2026, 1.04 percent above Xetra close of EUR 734.00.

Growth and dates frame the stock

StoneX began coverage with a USD 1,200 target on October 26, 2026.
Fiscal fourth-quarter revenue reached USD 1.01 billion, up 109.30 percent year over year.
Lumentum stock trades at EUR 741.60 at 11:38 a.m. CEST at Lang & Schwarz on October 27, 2026, 1.04 percent above the Xetra close of October 26, 2026.
Fiscal first-quarter 2027 results are scheduled for November 5, 2026.

LITE, US55024U1097, Illustration mit AI erstellt.

Lumentum stock (ISIN US55024U1097) was trading at EUR 741.60 at Lang & Schwarz on October 27, 2026, at 11:38 a.m. CEST, up 1.04 percent against the Xetra close of October 26, 2026, at EUR 734.00. The move followed StoneX starting coverage with a Buy rating and a USD 1,200 price target on October 26, 2026, as reported by The Charlotte Observer.

Revenue sets the operating backdrop

Lumentum reported USD 1.01 billion of revenue for its fiscal fourth quarter ended June 27, 2026, an increase of 109.30 percent from USD 480.70 million a year earlier. The company also reported adjusted earnings per share of USD 3.23, up from USD 0.88 in the year-earlier quarter, according to The Charlotte Observer.

Management guided fiscal first-quarter 2027 revenue to USD 1.225 billion to USD 1.275 billion, with adjusted earnings per share of USD 4.05 to USD 4.35. The midpoint of that revenue range is USD 1.25 billion, which would be higher than the fiscal fourth-quarter result, as reported by Yahoo Finance.

What does the target mean for valuation?

StoneX put the target at USD 1,200, while Jefferies raised its target to USD 1,250 from USD 1,200 on October 20, 2026, and maintained a Buy rating. The Jefferies view was tied to expected demand for optical circuit switching and 1.6T transceivers, according to The Charlotte Observer. The different targets show that the central investment question is how quickly AI-related optical demand converts into reported revenue.

Three dated developments

On August 11, 2026, Lumentum reported fiscal fourth-quarter revenue of USD 1.01 billion. On October 20, 2026, Jefferies lifted its target from USD 1,200 to USD 1,250. On October 26, 2026, StoneX began coverage with a USD 1,200 target, according to The Charlotte Observer.

Upcoming dates for Lumentum

Lumentum is scheduled to report fiscal first-quarter 2027 results on November 5, 2026, and its annual meeting is listed for November 17, 2026, according to MarketScreener. Those dates give the revenue range and the margin trajectory a near-term test.

Stock price and investor context

Lumentum stock was trading at EUR 741.60 at Lang & Schwarz on October 27, 2026, at 11:38 a.m. CEST, 1.04 percent above the Xetra close of October 26, 2026, at EUR 734.00. The further course of trading is shown by the continuously updated real-time quote of Lumentum stock.