Lumen Technologies, Inc. (LUMN)

Lumen Technologies Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Lumen Technologies stock have an average target of 3.55, with a low estimate of 1.50 and a high estimate of 7.00. The average target predicts a decrease of -48.85% from the current stock price of 6.94.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.50	$3.55	$4.00	$7.00
Change	-78.39%	-48.85%	-42.36%	+0.86%

* Price targets were last updated on Aug 16, 2024.

Analyst Ratings

The average analyst rating for LUMN stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	5	4	7	7
Sell	2	2	2	1	3	2
Strong Sell	0	0	0	1	0	0
Total	7	7	7	6	10	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Luebchow Wells Fargo	Wells Fargo	Hold → Sell Downgrades $1.75 → $4	Hold → Sell	Downgrades	$1.75 → $4	-42.36%	Aug 16, 2024
David Barden B of A Securities	B of A Securities	Sell Maintains $1 → $2	Sell	Maintains	$1 → $2	-71.18%	Aug 8, 2024
Gregory Williams TD Cowen	TD Cowen	Hold Maintains $2.5 → $7	Hold	Maintains	$2.5 → $7	+0.86%	Aug 7, 2024
Batya Levi UBS	UBS	Hold Maintains $1.5 → $5	Hold	Maintains	$1.5 → $5	-27.95%	Aug 7, 2024
Sebastiano Petti JP Morgan	JP Morgan	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Aug 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

13.24B

Decreased by -9.08%

from 14.56B

Revenue Next Year

12.69B

Decreased by -4.16%

from 13.24B

EPS This Year

-0.33

from -10.48

EPS Next Year

-0.53

from -0.33

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	21.46B	20.71B	19.69B	17.48B	14.56B	13.24B	12.69B	12.51B
Revenue Growth	-4.97%	-3.48%	-4.95%	-11.22%	-16.71%	-9.08%	-4.16%	-1.39%
EPS	-4.92	-1.14	1.91	-1.54	-10.48	-0.33	-0.53	-0.22
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	15	15	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.8B	13.6B	13.5B
Avg	13.2B	12.7B	12.5B
Low	12.6B	11.6B	11.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-5.5%	2.8%	6.5%
Avg	-9.1%	-4.2%	-1.4%
Low	-13.5%	-12.4%	-8.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.18	0.14	-0.12
Avg	-0.33	-0.53	-0.22
Low	-0.58	-1.45	-0.33

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.