Lumentum Stock Surges 1,000% Amid AI-Driven Demand

Lumentum's stock has seen a remarkable 1,000% surge over the past year, with analysts predicting further gains as the company ramps up production of ultrahigh-powered lasers to meet AI-driven demand.

23 Mar, 21:09 — 23 Mar, 21:09

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marketwatchMostly Factual155d ago

Lumentum’s stock has surged 1,000% in a year. Why more big gains may be in store.

A BNP Paribas analyst thinks Lumentum’s stock can climb another 40% as it ramps production capacity for ultrahigh-powered lasers and capitalizes on AI-driven demand for its products.

By Hannah Pedone

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Lumentum Stock Surges 1,000% Amid AI-Driven Demand

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Lumentum’s stock has surged 1,000% in a year. Why more big gains may be in store.

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