🟢 Lumentum is trading 4.4% up in pre-market ahead of fiscal fourth-quarter earnings on August 11

Lumentum is trading 4.4% up at $929.44 after investors positioned ahead of fiscal fourth-quarter earnings on August 11, 2026.

• Analysts expect approximately $987.7 million revenue and $2.62 adjusted EPS; focus remains on AI-driven optical demand and growth outlook.
• Mizuho maintained Outperform and a $1,100 target, citing strong InP demand and second-half momentum.
• The rally includes a 6.22% gain on August 7; Nasdaq futures are up 0.30%, but broader pre-market support is modest; the catalyst appears company-specific and earnings-related.