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Coherent vs. Lumentum: Why Coherent Is the Better Buy for the Optics Boom

A Tale of Two High-Flyers in Optical Networking

Nick Nemeth's avatar
Nick Nemeth
Jan 07, 2026
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Giving Lumentum Its Due – A Stellar 2025 Performance

First, credit where it’s due: Lumentum LITE 0.00%↑ had an absolutely phenomenal run last year. The stock rocketed roughly +340% in 2025 (versus about +95% for Coherent), reflecting exceptional execution by Lumentum’s management. This was not hype – it was backed by real growth. Lumentum’s revenue accelerated to …

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