Lumentum Holdings Inc. - Common Stock (LITE)

The rally in optical stocks could just be beginning.

Ciena Corporation (NYSE: CIEN) stock is surging on Wednesday as fiber optic connectivity companies move higher following strong Q4 earnings from Lumentum Holdings Inc. (NASDAQ: LITE).

Lumentum (NASDAQ: LITE) stock jumped premarket after smashing Q4 earnings and revenue estimates, fueled by massive AI optical demand.

Lumentum (NASDAQ:LITE) reported fiscal fourth-quarter revenue of $1.01 billion, up 109% from a year earlier and 23% sequentially, as demand tied to AI data-center connectivity lifted sales of optical components and systems. The company said the quarter marked its eighth consecutive period of year-ov

A potential FCC ban on Chinese optical transceivers could disrupt data center supply chains, positioning Lumentum and Coherent as key beneficiaries amid surging AI infrastructure demand.

Lumentum Holdings (NASDAQ:LITE) has outperformed the market over the past 10 years by 24.93% on an annualized basis producing an average annual return of 38.36%. Currently, Lumentum Holdings has a market capitalization