Lumen Technologies, Inc. (LUMN)
Market Cap | 4.46B |
Revenue (ttm) | 13.11B |
Net Income (ttm) | -55.00M |
Shares Out | 1.01B |
EPS (ttm) | -0.06 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 42,941,403 |
Open | 4.820 |
Previous Close | 4.860 |
Day's Range | 3.950 - 4.980 |
52-Week Range | 0.970 - 10.330 |
Beta | 1.27 |
Analysts | Hold |
Price Target | 4.82 (+9.42%) |
Earnings Date | Apr 29, 2025 |
About LUMN
Lumen Technologies, Inc., a networking company, provides integrated products and services to business and mass customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber and conduit, edge cloud, internet protocol (IP), voice over IP, managed security, software-defined wide area networks, unified communications and collaboration, and optical services; ethernet and VPN data networks services; and legacy services to manage cash flow, including time division multiplexing... [Read more]
Financial Performance
In 2024, Lumen Technologies's revenue was $13.11 billion, a decrease of -9.95% compared to the previous year's $14.56 billion. Losses were -$55.00 million, -99.47% less than in 2023.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for LUMN stock is "Hold." The 12-month stock price forecast is $4.82, which is an increase of 9.42% from the latest price.
News

Lumen: A High-Risk, High-Reward Fiber Play
Lumen Technologies has faced top line contraction due to past asset sales, but expects positive free cash flow by FY 2025. The company's fiber broadband business is a key growth driver, adding 42k new...

AT&T in talks to buy lumen's consumer fiber unit, Bloomberg News reports
AT&T is in talks to acquire Lumen Technologies' consumer fiber operations, Bloomberg News reported on Tuesday, according to people with knowledge of the matter.

Lumen Technologies: The Turnaround Goes On Well
Lumen Technologies is transforming into a key AI player, securing $8.5 billion in deals with tech giants and partnering with OneVizion to streamline operations. Despite a 25% share price drop, Lumen's...

Lumen Technologies to Attend Investor Conferences
DENVER , March 6, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), will attend the following investor conferences: J.P. Morgan Global Technology, Media & Communications Conference on May 15.

Lumen Technologies, Inc. (LUMN) Presents at Raymond James Annual Institutional Investors Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN) Raymond James Annual Institutional Investors Conference March 3, 2025 11:00 AM ET Company Participants Chris Stansbury - Chief Financial Officer Conference Call P...

Lumen's stock got little love from Wall Street analysts. That's now changing.
Lumen's stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.

Lumen Selects Ciena Optical Tech to Support AI Workloads
HANOVER, Md. & DENVER--(BUSINESS WIRE)-- #AI--Lumen Technologies (NYSE:LUMN), the trusted network for AI, is enhancing its network with Ciena's (NYSE:CIEN) coherent optical innovations. This will stre...

Top 3 Tech & Telecom Stocks That Could Lead To Your Biggest Gains This Quarter
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Lumen Technologies Q4 Earnings Review: Long-Term Growth Reaffirmed
Lumen Technologies exceeded Q4 earnings and revenue expectations. The company is positioned to disrupt the industry by "cloudifying telecom" and supporting the AI economy. Short-term challenges are ex...

Lumen Technologies, Inc. (LUMN) Q4 2024 Earnings Call Transcript
Lumen Technologies, Inc. (NYSE:LUMN) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - Chief Execu...

Lumen beats quarterly revenue estimates on data center demand
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom.

Lumen Technologies reports fourth quarter and full year 2024 results
DENVER , Feb. 4, 2025 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the fourth quarter ended December 31, 2024. Drove solid sales growth across enterprise in the fourth qu...

Lumen Technologies announces Q4 earnings release date
DENVER , Jan. 14, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will publish its fourth-quarter fin...

Lumen Technologies launches sale of consumer fiber unit, sources say
Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its sizable debt pil...

Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers
Lumen ® Private Connectivity Fabric℠ will expand Prometheus' network capacity across its growing data center footprint DENVER , Dec. 17, 2024 /PRNewswire/ -- Prometheus Hyperscale has chosen Lumen Tec...

Lumen Technologies: Building The AI Backbone
Lumen Technologies is executing a successful transformation, focusing on AI exposure and partnerships with tech giants. The Q3 earnings release catalyzed a mid-November rally, highlighting Lumen's $8 ...

Lumen Technologies, Inc. (LUMN) Bank of America Securities 2024 Leveraged Finance Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN) Bank of America Securities 2024 Leveraged Finance Conference Call December 3, 2024 10:10 AM ET Company Participants Chris Stansbury - Executive Vice President & C...

Lumen Announces Expiration and Results of Any and All Cash Tender Offers for Unsecured 2028 Notes of Lumen and Level 3
DENVER , Nov. 26, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") announced today the expiration and results of the cash tender offers (the "Amended Offers") of L...

Lumen Announces (1) Expiration and Results of Certain Previously-Announced Cash Tender Offers of Lumen and Level 3 and (2) Amendments to the Remaining Previously-Announced Cash Tender Offers to Increase the Tender Consideration and Extend the Expiration Time
Results are set forth below for (i) Lumen's tender offers for its unsecured senior notes maturing in 2025, 2026 and 2027 and (ii) Level 3's tender offers for its unsecured senior notes maturing in 202...

Lumen Technologies to Present at BofA 2024 Leveraged Finance Conference
DENVER , Nov. 13, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Chri...

Lumen Announces Any and All Cash Tender Offers for Unsecured Notes of Lumen and Level 3
DENVER , Nov. 12, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. ("Level 3") have commenced cas...

North America Implantable Ports Market Outlook to 2033, with Focus on Single Lumen Implantable Ports and Double Lumen Implantable Ports
Dublin, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The "North America Implantable Ports Market Outlook to 2033 - Single Lumen Implantable Ports and Double Lumen Implantable Ports" report has been added to Rese...

Why Lumen Technologies Gained 18% After Q3 2024 Report
Lumen Technologies' Q3 results showed a revenue decline but a significant increase in free cash flow, driven by strong private connectivity fabric (PCF) sales. The stock rallied 18% post-earnings, wit...

Lumen Technologies, Inc. (LUMN) Q3 2024 Earnings Call Transcript
Lumen Technologies, Inc. (NYSE:LUMN) Q3 2024 Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - President a...