Lumen Technologies, Inc. (LUMN)
NYSE: LUMN · Real-Time Price · USD
9.02
+1.41 (18.53%)
At close: Nov 6, 2024, 4:00 PM
8.90
-0.12 (-1.33%)
Pre-market: Nov 7, 2024, 7:31 AM EST

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 6.00. The average target predicts a decrease of -60.64% from the current stock price of 9.02.

Analyst Consensus: Hold
Target Low Average Median High
Price $1.50 $3.55 $4.00 $6.00
Change -83.37% -60.64% -55.65% -33.48%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 547777
Sell 213322
Strong Sell 010000
Total 76101099

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Hold
Maintains
$7$6
Hold Maintains $7$6 -33.48% Nov 6, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$4.5$5
Hold Maintains $4.5$5 -44.57% Nov 6, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$4$4.5
Hold Maintains $4$4.5 -50.11% Oct 4, 2024
Wells Fargo
Wells Fargo
Sell
Downgrades
$1.75$4
Sell Downgrades $1.75$4 -55.65% Aug 16, 2024
B of A Securities
B of A Securities
Sell
Maintains
$1$2
Sell Maintains $1$2 -77.83% Aug 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
13.23B
from 14.56B
Decreased by -9.15%
Revenue Next Year
12.63B
from 13.23B
Decreased by -4.54%
EPS This Year
-0.34
from -10.48
EPS Next Year
-0.63
from -0.34
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
21.46B20.71B19.69B17.48B14.56B13.23B12.63B12.41B
Revenue Growth
-4.97%-3.48%-4.95%-11.22%-16.71%-9.15%-4.54%-1.73%
EPS
-4.92-1.141.91-1.54-10.48-0.34-0.63-0.24
EPS Growth
--------
Forward PE
--------
No. Analysts -----151513
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 13.7B 13.4B 13.2B
Avg 13.2B 12.6B 12.4B
Low 12.6B 11.6B 11.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
-5.8%
1.0%
4.6%
Avg
-9.2%
-4.5%
-1.7%
Low
-13.5%
-12.3%
-7.7%

EPS Forecast

EPS 20242025202620272028
High -0.18 -0.28 -0.12
Avg -0.34 -0.63 -0.24
Low -0.58 -1.45 -0.34

EPS Growth

EPS Growth 20242025202620272028
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.