Down 36% from Oct 29 to Nov 10.
“Lumentum Q1 Earnings Surges, Shares Fall On Acquisition News.”
−2Dilution
Up 1,409% over the three years to Nov 9 while the S&P 500 rose 80%; down 36% since Oct 29.
7 reasons, from its filings, with the timeline and its peers, for Pro members.
Marvell is buying Lumentum
LITE's Quality Score fell 2 points on Tue, Nov 10, to 8. It closed away from its high of the day (2 chart checks stopped).
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| The company | Sales up 103% on the year |
| Latest filing | 10-Q, Nov 3 |
“SpaceX Stock (SPCX) Rises 8.6% as AI Stocks Rebound (Nov 6)”
LITE closed +10.7% that day.
2 big stories on LITE in the past 12 months, for Pro members.
Wed Nov 18: Annual meeting, online11:00 AM ET. 8 directors, pay, auditor.
After its last 4 reports it closed -0.8% on average, higher 2 of 4 times.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
Net income over four quarters: LITE -$6.58B, COHR $963M, CIEN $654M, FN $481M.
Expected to report Tue Feb 2, before the open (in 84 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $1.3B, 137% more than a year ago; a profit of $3.54 a share, from $0.05.
| Line | Q1 FY27 | Q1 FY26 |
|---|---|---|
| Components | $754M | $379M |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Nov 3)
| Measure | Figure |
|---|---|
| Net revenue | $1.575B to $1.625B |
Sales grew 20% a year over 3 years, fiscal 2023 to 2026.
Its share count grew 3% a year over 3 years.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Nov 2, 2026 | -4.5% | -18.6% | -35.9% |
| Aug 11, 2026 | +9.6% | +13.6% | +6.4% |
| May 5, 2026 | +0.1% | -5.1% | -0.2% |
Sales grew in three of the last four years, to $3B in 2026. It lost money in 2026 after a profit in 2025.
RSI 34.6, MACD below signal, below both averages. Not scored.
2 insiders sold $4.8M across 2 filings in the last 6 months. No open-market buys on record. The newest:
15 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: LITE is 0.3% of XLK, 0.2% of QQQ, and 0.2% of QQQM, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Lumentum is a US-based photonics company specializing in light-based communications technologies. The company designs and manufactures optical components and systems used in cloud computing, artificial intelligence infrastructure, telecommunications, and industrial applications. Its product portfolio includes high-speed optical transceivers, lasers, optical amplifiers, and wavelength management technologies that enable high-capacity data transmission. In 2023, the company acquired Cloud Light, strengthening its optical transceiver and connectivity portfolio for hyperscale data centers as AI demand began to ramp up. The company also supplies industrial lasers and sensing technologies for precision manufacturing, facial recognition, and 3D sensing.
“We compete against various public and private companies providing photonic components, modules, and systems.”
LITE scores 8 today, which Breakaway calls Average. It has 0 of 14 chart checks firing. Down 36% from Oct 29 to Nov 10. Shares: 31.6% more than a year ago (to Sep 26). Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
LITE scores 8 today, which Breakaway calls Average (6 to 10). The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind LITE's 8.
2 insiders sold $4.8M across 2 filings in the last 6 months. No open-market buys on record. The newest is Michael E. Hurlston, President and CEO, who sold $525K on Aug 27. Every filing, with the scored weight, for Pro members.
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Insider and Congress trades, the chart, and the financials, in one score.
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