Sector momentum in optical networking reinforces lite stock price forecast bullish bias, especially as telecom providers accelerate 400G deployments. While the analyst consensus points to Lumentum being overvalued, our DCF model paints a slightly different picture. According to this method, the stock trades just below fair value, suggesting there is less downside risk than the multiples imply. Could the market be discounting future cash flows too harshly? Wall Street analysts have issued reports on $LITE in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings. Seasonal trends historically favor lite stock price forecast gains in Q3, with average returns of 5.4% over the past five years during this period.
