Lumentum Holdings: Is the Surging 2025 Share Price Justified?

Lumentum Holdings has surged 51.7% over 30 days and 253.8% year-to-date, driven by growing optimism around its role in next-generation optical and photonics solutions. However, the stock scores 0 out of 6 on valuation checks, raising concerns about risk building under the surface. A Discounted Cash Flow model estimates an intrinsic value of $206.83 per share, implying the stock is 46.4% overvalued.