Bullish Case: Lumentum's cloud and data center growth potential may eventually reflect in revenue, countering short-term inventory corrections and offering upside revaluation, despite recent downtrend.


Bearish Case: Insider sales, reduced ownership, and a negative price trend amidst low trading volume suggest continuing investor skepticism and potential further declines.


Potential Outcomes: In a low liquidity environment, amplified market reactions to news or earnings could result in either a significant dip (45%) or an opportunistic recovery (55%).


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April 16, 2024


Lumentum Forecast

LITE        Lumentum
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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