Lumen Technologies, Inc. (LUMN)

NYSE: LUMN · Real-Time Price · USD
4.660
-0.030 (-0.64%)
At close: Feb 21, 2025, 4:00 PM
4.730
+0.070 (1.50%)
After-hours: Feb 21, 2025, 5:43 PM EST
-0.64%
Market Cap 4.73B
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 13,106,430
Open 4.860
Previous Close 4.690
Day's Range 4.660 - 5.050
52-Week Range 0.970 - 10.330
Beta 1.27
Analysts Hold
Price Target 5.04 (+8.16%)
Earnings Date Feb 4, 2025

About LUMN

Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber, edge cloud services, internet protocol, managed security, software-defined wide area networks, secure access service edge, unified communications and collaboration, and optical wavelengths services; ethernet and VPN data networks services; and legac... [Read more]

IPO Date Dec 15, 1972
Employees 28,000
Stock Exchange NYSE
Ticker Symbol LUMN
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for LUMN stock is "Hold." The 12-month stock price forecast is $5.04, which is an increase of 8.16% from the latest price.

Price Target
$5.04
(8.16% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

Other symbols: CABOTTD
8 days ago - Benzinga

Lumen Technologies to Attend Investor Conferences

DENVER , Feb. 6, 2025 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will attend the following investor conferences: JP Morga...

15 days ago - PRNewsWire

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...

16 days ago - Seeking Alpha

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...

16 days ago - Seeking Alpha

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.

17 days ago - Reuters

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...

17 days ago - PRNewsWire

Lumen Technologies: The Turnaround Goes On Well

Lumen Technologies' new management's AI-focused strategy and turnaround plan show promise, with a potential 70% upside, making LUMN a BUY. The company has faced significant financial losses due to pre...

22 days ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

2 months ago - Reuters

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...

2 months ago - PRNewsWire

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 ...

2 months ago - Seeking Alpha

20 stocks likely to lag the S&P 500 over the next year — for this one reason

Difficult-to-short stocks often trade at artificially inflated, unsustainable prices.

2 months ago - Market Watch

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...

2 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

Lumen CEO on tech partnerships, Google Cloud deal and future of AI

Kate Johnson, Lumen CEO, joins 'Closing Bell: Overtime' to discuss the company's tech partnerships, Google Cloud deal and AI.

3 months ago - CNBC Television

Lumen reveals latest numbers around AI deals, and its stock jumps further

Lumen's CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”

3 months ago - Market Watch

Lumen raises annual cash flow forecast on AI deals, legacy business weighs on results

Fibre-optic cable provider Lumen Technologies raised its annual free cash flow forecast on Tuesday thanks to AI deals with large cloud companies, even as weakness in its legacy business was a drag on ...

3 months ago - Reuters

Lumen Technologies reports third quarter 2024 results

DENVER , Nov. 5, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the third quarter ended September 30, 2024. Big Tech is Choosing Lumen to Build the Backbone for the AI...

3 months ago - PRNewsWire

Lumen Technologies Partners with Google Cloud to Drive AI Innovation and Accelerate Digital Transformation

Google Cloud underpins Lumen® Digital Twin technology, providing proactive insights across the Lumen network Google Cloud's Vertex AI platform enables new AI-powered applications to assist Lumen techn...

3 months ago - PRNewsWire