Citi Remains a Buy on Lumentum Holdings Inc (LITE)

1 week ago 6

Talha Qureshi

Wed, January 28, 2026 astatine 11:17 AM CST 2 min read

Lumentum Holdings Inc. (NASDAQ:LITE) is 1 of the High-Flying Tech Stocks to Buy. On January 23, Papa Talla Sylla from Citi reiterated a Buy standing connected the banal and raised the terms people from $240 to $450. A time earlier, connected January 22, Ruben Roy from Stifel Nicolaus besides reiterated a Buy standing connected Lumentum Holdings Inc. (NASDAQ:LITE) and raised the terms people from $200 to $400.

Ruben Roy of Stifel noted that the improved bullish outlook connected the banal is based connected the anticipation that agentic AI and reasoning networks volition pb to a step-function summation successful networking intensity. The accrued displacement towards AI and reasoning is expected to ramp up postulation complexity and standard implicit the coming years.

Roy added that the shortening of rhythm times for networking standards. These cycles person historically followed multi-year improvement cycles. However, Roy expects AI networking to standard linearly portion compute show grows quadratically. Therefore, the steadfast sees profitability gains and an enlargement successful valuation multiples for suppliers, including Lumentum Holdings Inc. (NASDAQ:LITE), which leverages IP advantages to fulfill analyzable technological requirements.

That said, connected January 20, Aletheia Capital besides raised the terms people connected the banal from $330 to $500 and maintained a Buy rating. The steadfast noted that the improved outlook is based connected the expanding request for the company’s electro-absorption modulated lasers. The steadfast expects beardown maturation successful EML volumes and 800Gbps power bandwidth done 2028.

Lumentum Holdings Inc. (NASDAQ:LITE) is simply a California-based exertion company.

While we admit the imaginable of LITE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.