Lumen Technologies, Inc. (LUMN)
Market Cap | 1.49B |
Revenue (ttm) | 14.84B |
Net Income (ttm) | -11.37B |
Shares Out | 1.01B |
EPS (ttm) | -11.48 |
PE Ratio | n/a |
Forward PE | 7.96 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 25,780,874 |
Open | 1.30 |
Previous Close | 1.31 |
Day's Range | 1.24 - 1.50 |
52-Week Range | 0.78 - 6.09 |
Beta | 1.04 |
Analysts | Sell |
Price Target | 2.22 (+50.0%) |
Earnings Date | Oct 31, 2023 |
About LUMN
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as edge cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed se... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for LUMN stock is "Sell." The 12-month stock price forecast is $2.22, which is an increase of 50.00% from the latest price.
News

Lumen Technologies to Present at Investor Conferences
DENVER , Nov. 21, 2023 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will present at the following investor conferences: Bo...

Lumen Technologies Extends its NOL Rights Plan
Lumen extends its NOL Rights Plan to Dec. 1, 2026 to protect valuable federal net operating loss carryforwards DENVER , Nov. 20, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced th...

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Lumen Technologies, Inc. (LUMN)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 14, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Lumen Technologies, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lumen Technologies, Inc. ("Lu...

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Lumen Technologies Investors of a Lead Plaintiff Deadline of November 14, 2023
NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Attention Lumen Technologies, Inc. f/k/a CenturyLink, Inc. ("Lumen Technologies") (NYSE: LUMN) shareholders: The Law Offices of Vincent Wong announce that a cl...

LUMN DEADLINE NOTICE: ROSEN, A LEADING NATIONAL FIRM, Encourages Lumen Technologies, Inc. Investors with Losses to Secure Counsel Before Important November 14 Deadline in Securities Class Action - LUMN
NEW YORK , Nov. 11, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lumen Technologies, Inc. (NYSE: LUMN) between March 11, 2019 and Ju...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lumen Technologies, Inc. f/k/a CenturyLink, Inc. of Class Action Lawsuit and Upcoming Deadline - LUMN
NEW YORK , Nov. 11, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lumen Technologies, Inc. ("Lumen" or the "Company") f/k/a CenturyLink, Inc. ("Centur...
Insider Buys: Lumen, Air Products, Inari, Remitly and Sarepta
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LUMN Investors Have Opportunity to Lead Lumen Technologies, Inc. Securities Fraud Lawsuit
LOS ANGELES , Nov. 10, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit aga...

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Lumen Technologies, Inc. f/k/a CenturyLink, Inc.(LUMN) Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lumen Technologies, Inc. f/k/a CenturyLink, Inc. ("Lumen Technologies" or the "Company") (NYSE: LUMN) of a class act...

Lumen wins $110 million contract from Defense Information Systems Agency
Company will provide mission-critical fiber and network services WASHINGTON , Nov. 7, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) recently won an approximately $110 million contract from the ...

Lumen CEO buys nearly $1 million in stock after historic selloff
Lumen Technologies Inc. shares sold off sharply in the wake of earnings, but the telecommunication company's chief executive has been buying.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Lumen Technologies, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lumen Technologies, Inc. ("Lum...

ROSEN, A LEADING LAW FIRM, Encourages Lumen Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LUMN
NEW YORK , Nov. 2, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lumen Technologies, Inc. (NYSE: LUMN) between March 11, 2019 and Ju...

Lumen's stock extends sharp declines toward lowest level in 42 years
Shares of Lumen Technologies Inc. LUMN, -12.63% were furthering their sharp declines Thursday despite an upbeat day for the S&P 500 SPX, +1.54%. Lumen's stock was off 13.8% to 84 cents in midday actio...

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Lumen Technologies, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lumen Technologies, Inc. ("Lum...

Lumen Completes Sale of EMEA Business to Colt Technology Services for $1.8B
DENVER , Nov. 1, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered in London,...

Lumen's stock erodes further, sinking toward worst day in its history
Lumen Technologies Inc. shares were flirting with their worst-ever daily performance Wednesday as news of an agreement with creditors failed to outweigh disappointing commentary on revenue-growth expe...

Lumen builds on its network cloudification vision to offer burstable on-demand internet
Network-as-a-Service platform expands to more locations to serve more businesses DENVER , Nov. 1, 2023 /PRNewswire/ -- Disrupting an industry requires a deep understanding of business needs and an inv...

Lumen Technologies tops third-quarter revenue estimates on strong demand
Telecommunications services firm Lumen Technologies beat Wall Street estimates for third-quarter revenue on Tuesday, helped by strong demand for its services as businesses digitize their operations.

Lumen Technologies' stock rises on revenue beat
Lumen Technologies Inc.'s LUMN, -2.01% stock gained more than 2% in extended trading Tuesday after the telecommunications computing reported quarterly results. Lumen Technologies reported a fiscal thi...

Lumen Announces Broad Agreement With Creditors That Will Provide The Company with Significant Flexibility to Execute Its Transformation Strategy
DENVER , Oct. 31, 2023 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen" or the "Company") today announced that it has entered into a transaction support agreement with a group of credito...

Lumen Technologies reports third quarter 2023 results
Third Quarter 2023 Highlights Increased Enterprise Channel revenue of $2.124 billion for the third quarter 2023, compared to $2.100 billion for the second quarter 2023. These results showed a signific...

Lumen Technologies, Inc. (LUMN) Investors: Contact Bronstein, Gewirtz & Grossman, LLC to Actively Participate in the Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $LUMN #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been fi...