optical

When NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang said data centers are being rewired around optical interconnects, most traders ran straight to Marvell Technology (NASDAQ:MRVL).  Meanwhile, Coherent Corp. (NYSE:COHR) quietly hit a new all-time high, and it’s playing the exact same trade....

The bullish case for Lumentum Holdings Inc (NASDAQ: LITE) has come to an end, and the company needs to outperform in the 3D market for further sustainable growth, according to Morgan Stanley. The Analyst Meta Marshall downgraded Lumentum from Overweight to Equal-weight with a price target lifted...

Tech giant Cisco Systems, Inc. (NASDAQ: CSCO) proposed Tuesday to acquire optical company Acacia Communications, Inc. (NASDAQ: ACIA) in a deal that is "more expensive than it appears," according to Bank of America Merrill Lynch. The Analysts Bank of America's Tal Liani maintained a...

Optical and photonic products maker Lumentum Holdings Inc (NASDAQ: LITE) reported fiscal second-quarter results Tuesday that prompted a sell-off in the stock, but Rosenblatt Securities remains bullish.  What Happened Lumentum Holdings' revenue for the December-ending quarter...

The bullish case for Lumentum Holdings Inc (NASDAQ: LITE) can't me made today, but the optical stock could become more attractive if consensus estimates are lowered, according to Morgan Stanley. The Analyst Analyst Meta Marshall maintains an Equal-weight rating on Lumentum Holdings...

The bullish case for optical component supplier Lumentum Holdings Inc (NASDAQ: LITE) remains unchanged despite Apple Inc. (NASDAQ: AAPL) cautioning investors Wednesday afternoon, according to Raymond James. The Analyst Raymond James' Simon Leopold maintains a Strong Buy rating on Lumentum ...

Lumentum Holdings Inc (NASDAQ: LITE) confirmed Monday that its acquisition of Oclaro is complete. What Happened Lumentum's finalized acquisition of Oclaro creates a new entity with greater scale in telecom and datacom markets, Barclays' Blayne Curtis said in a research report. The...

A conference call with NeoPhotonics Corp (NYSE: NPTN) has reinforced Rosenblatt Securities' bullish stance on the stock.  The Analyst Analyst Jun Zhang maintains a Buy on NeoPhotonics with an unchanged $13 price target. The Thesis Shares of NeoPhotonics, a designer and...

Engineered materials and optoelectronic components company II-VI, Inc. (NASDAQ: IIVI) reached an agreement to acquire Finisar Corporation (NASDAQ: FNSR), a fellow optical communications company, for $3.2 billion. What Happened II-VI said in a press release it will acquire Finisar through a...

A combination of encouraging industrywide trends and an attractive valuation are behind JPMorgan's bullish Lumentum Holdings Inc (NASDAQ: LITE) stance. The Analyst JPMorgan's Samik Chatterjee upgraded Lumentum from Neutral to Overweight with an unchanged $80 price target. The...

Applied Optoelectronics Inc (NASDAQ: AAOI) has two problems that warrant a bearish stance on the stock, according to Loop Capital Markets' firsthand checks within the optoelectronics sector. The Analyst Analyst James Kisner downgraded Applied Optoelectronics from Hold to Sell...

One day after Piper Jaffray upgraded Acacia Communications, Inc. (NASDAQ: ACIA) to a bullish rating, Bank of America downgraded the optical stock to a bearish rating. The Analyst Bank of America's Tal Liani downgraded Acacia Communications from Neutral to Underperform with an unchanged $37...

Raymond James downgraded Finisar Corporation (NASDAQ: FNSR) Wednesday, but Piper Jaffray has a different take and upgraded the optical name along with its peer Acacia Communications, Inc. (NASDAQ: ACIA). The Analyst Piper Jaffray's Troy Jensen upgraded Finisar from Neutral to...

Applied Optoelectronics Inc (NASDAQ: AAOI) reported Tuesday with second-quarter results that included a notable beat on the earnings line from the data center business. Here's what two Street analysts are saying after the print. The Analysts Cowen's Paul Silverstein maintained an...

II-VI, Inc. (NASDAQ: IIVI) remains a "premier business with premium valuation," but the stock's recent move higher implies that now is a good time for investors to stay neutral, according to Morgan Stanley. The Analyst Morgan Stanley's Meta Marshall downgraded IIVI from...