--- title: "Société Générale: Lumentum collaborates with NVIDIA and Google to pave the way for growth, significantly raising the target price to $1,040" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/280230482.md" description: "Société Générale raised Lumentum's target stock price from $625 to $1,040, expecting its stock price to exceed $1,000. Lumentum has secured significant design orders in collaboration with NVIDIA and Alphabet, and analyst Karl Ackerman noted that the company's new product portfolio and capacity expansion will drive its annualized earnings per share to exceed $30 by the end of 2028" datetime: "2026-03-24T00:26:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280230482.md) - [en](https://longbridge.com/en/news/280230482.md) - [zh-HK](https://longbridge.com/zh-HK/news/280230482.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/280230482.md) | [English](https://longbridge.com/en/news/280230482.md) # Société Générale: Lumentum collaborates with NVIDIA and Google to pave the way for growth, significantly raising the target price to $1,040 According to the stock research department of BNP Paribas, Lumentum (LITE.US) has recently won design orders, including 100G and 200G EML chipsets in the upcoming mass production of 800G and 1.6T optical modules, which could push the company's stock price above $1,000 per share. BNP Paribas raised Lumentum's target price from $625 to $1,040 and reiterated its "outperform" rating. BNP Paribas analyst Karl Ackerman stated at Lumentum's investor briefing on March 17 that "Lumentum has convincingly articulated its goal of achieving an annualized earnings per share of over $30 by the end of 2028, thanks to the new design orders in its leading 800G and 1.6T transceiver EML chipset product portfolio, as well as the 400mW ultra-high-power lasers for NVIDIA's (NVDA.US) co-packaged optical switches, and its self-developed MEMS-based optical switch, which we believe is primarily used for Google's (GOOGL.US) TPU 3D Taurus network topology." He also pointed out that "Lumentum has clearly stated that as its newly acquired Qorvo factory in Greensboro begins production in early 2028, the new EML capacity will enable its annual sales to reach approximately $8 billion, with an operating profit margin of about 40%, thereby further enhancing its targets." Ackerman added, "We have raised our performance expectations for the next year to reflect the company's newly won multi-year, multi-billion dollar optical switch projects. Additionally, due to NVIDIA's recent $2 billion investment to secure multi-year capacity, we expect the output of the 400mW ultra-high-power lasers to also increase, as NVIDIA plans to expand the capacity of co-packaged optical switches in the upcoming Vera Rubin artificial intelligence infrastructure." BNP Paribas has raised its 2027 earnings per share forecast for Lumentum from $19.40 to $25.89, with its implied earnings per share expectation for 2028 now at $38.95 ### 相關股票 - [SPDR S&P Semicon (XSD.US)](https://longbridge.com/zh-HK/quote/XSD.US.md) - [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/zh-HK/quote/SOXX.US.md) - [Direxion Daily GOOGL Bull 2X Shares (GGLL.US)](https://longbridge.com/zh-HK/quote/GGLL.US.md) - [Lumentum (LITE.US)](https://longbridge.com/zh-HK/quote/LITE.US.md) - [T-Rex 2X Long NVIDIA Daily Target ETF (NVDX.US)](https://longbridge.com/zh-HK/quote/NVDX.US.md) - [Direxion Daily NVDA Bull 2X Shares (NVDU.US)](https://longbridge.com/zh-HK/quote/NVDU.US.md) - [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/zh-HK/quote/SMH.US.md) - [Direxion Semicon Bull 3X (SOXL.US)](https://longbridge.com/zh-HK/quote/SOXL.US.md) - [First Trust Nasdaq Food & Semicon (FTXL.US)](https://longbridge.com/zh-HK/quote/FTXL.US.md) - [GraniteShares 2x Long NVDA Daily ETF (NVDL.US)](https://longbridge.com/zh-HK/quote/NVDL.US.md) - [Alphabet (GOOGL.US)](https://longbridge.com/zh-HK/quote/GOOGL.US.md) - [Invesco Semiconductors ETF (PSI.US)](https://longbridge.com/zh-HK/quote/PSI.US.md) - [Alphabet - C (GOOG.US)](https://longbridge.com/zh-HK/quote/GOOG.US.md) ## 相關資訊與研究 - [Google Mulls Purchase of Cooling Equipment from Envicool, Other Firms, Sources Say](https://longbridge.com/zh-HK/news/279431587.md) - [Judge rejects lawyers' preemptive fee bid in Google ad tech class action](https://longbridge.com/zh-HK/news/279973438.md) - [Google fends off news publishers' antitrust lawsuit over online search](https://longbridge.com/zh-HK/news/280214661.md) - [The Gemini-powered features in Google Workspace that are worth using](https://longbridge.com/zh-HK/news/279639803.md) - [US judge dismisses Google app store antitrust class action by Canadian users](https://longbridge.com/zh-HK/news/279659699.md)