Needham cuts Lumentum stock price target on Marvell acquisition
Published . Updated .
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This report does not map to a usual set of affected companies.
Directly affected
- LITE Lumentum Holdings-11.9% 30d
Named in this report.
- MRVL Marvell Technology-23.7% 30d
Named in this report.
Indirectly affected
- XLK Technology Select Sector SPDR+9.4% 15d
Technology Select Sector SPDR holds the technology sector that Lumentum Holdings belongs to, so it often moves with news about it.
- QCOM Qualcomm-16.9% 30d
Qualcomm is a large technology company like Lumentum Holdings; big names in a sector often move together.
- MSI Motorola Solutions+4.8% 5d
Motorola Solutions is a large technology company like Lumentum Holdings; big names in a sector often move together.
- CIEN Ciena+6.6% 17d
Ciena is a large technology company like Lumentum Holdings; big names in a sector often move together.
- FN Fabrinet+21.8% 9d
Fabrinet is a large technology company like Lumentum Holdings; big names in a sector often move together.
- PL Planet Labs PBC-21.2% 30d
Planet Labs PBC is a large technology company like Lumentum Holdings; big names in a sector often move together.
- AVGO Broadcom-10.1% 30d
Broadcom is a peer of Marvell Technology in semiconductors and related devices; rivals often move on the same news.
- MU Micron Technology-15.2% 30d
Micron Technology is a peer of Marvell Technology in semiconductors and related devices; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| LITE | +26.67% | +34.57% | base | after close | after close | after close | after close |
| MRVL | +42.22% | +27.45% | base | after close | after close | after close | after close |
| XLK | +8.74% | +8.32% | base | after close | after close | after close | after close |
| QCOM | +13.81% | +14.53% | base | after close | after close | after close | after close |
| MSI | -0.74% | +0.98% | base | after close | after close | after close | after close |
| CIEN | +23.52% | +22.81% | base | after close | after close | after close | after close |
| FN | +9.01% | +10.75% | base | after close | after close | after close | after close |
| PL | +11.72% | +10.25% | base | after close | after close | after close | after close |
| AVGO | +6.21% | +7.02% | base | after close | after close | after close | after close |
| MU | +11.48% | +12.13% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Needham cuts Lumentum stock price target on Marvell acquisition Investing.com
Source: Investing.com
This story
| Company | When | Move | Status |
|---|---|---|---|
| AVGO | three days earlier | +7.02% | final price |
| AVGO | five days earlier | +6.21% | final price |
| CIEN | three days earlier | +22.81% | final price |
| CIEN | five days earlier | +23.52% | final price |
| FN | three days earlier | +10.75% | final price |
| FN | five days earlier | +9.01% | final price |
| LITE | three days earlier | +34.57% | final price |
| LITE | five days earlier | +26.67% | final price |
| MRVL | three days earlier | +27.45% | final price |
| MRVL | five days earlier | +42.22% | final price |
| MSI | three days earlier | +0.98% | final price |
| MSI | five days earlier | -0.74% | final price |
| MU | three days earlier | +12.13% | final price |
| MU | five days earlier | +11.48% | final price |
| PL | three days earlier | +10.25% | final price |
| PL | five days earlier | +11.72% | final price |
| QCOM | three days earlier | +14.53% | final price |
| QCOM | five days earlier | +13.81% | final price |
| XLK | three days earlier | +8.32% | final price |
| XLK | five days earlier | +8.74% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar sold Marvell Technology (MRVL), worth $1,001 - $15,000 on 24 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Marvell Technology (MRVL), worth $250,001 - $500,000 on 21 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 60 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a spouse), worth $15,001 - $50,000 on 24 Aug 2026. That is 71 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Motorola Solutions (MSI) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Ciena (CIEN), worth $1,001 - $15,000 on 24 Aug 2026. That is 71 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Ciena (CIEN), worth $250,001 - $500,000 on 21 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. John J McGuire III sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 24 Sep 2026. That is 40 days before publication. Filed 1 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a dependent child), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. John J McGuire III bought Micron Technology (MU) (held by a spouse), worth $1,001 - $15,000 on 1 Oct 2026. That is 33 days before publication. Filed 1 Nov 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Needham cuts Lumentum stock price target on Marvell acquisition” scores 12 out of 100. The score uses 1 sources.