Lumen Technologies, Inc. (LUMN)
NYSE: LUMN · IEX Real-Time Price · USD
1.310
-0.010 (-0.76%)
At close: Apr 19, 2024, 4:00 PM
1.290
-0.020 (-1.53%)
After-hours: Apr 19, 2024, 7:59 PM EDT
Lumen Technologies Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Lumen Technologies stock have an average target of 1.93, with a low estimate of 1.50 and a high estimate of 3.00. The average target predicts an increase of 47.33% from the current stock price of 1.31.
Analyst Consensus: Hold
* Price targets were last updated on Mar 11, 2024.
Analyst Ratings
The average analyst rating for LUMN stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $1.25 → $1.75 | Hold | Maintains | $1.25 → $1.75 | +33.59% | Mar 11, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $1.5 | Hold | Maintains | $3 → $1.5 | +14.50% | Nov 10, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $1.5 | Hold | Maintains | $3 → $1.5 | +14.50% | Nov 9, 2023 |
| UBS | UBS | Hold Maintains $2.5 → $1.5 | Hold | Maintains | $2.5 → $1.5 | +14.50% | Nov 2, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $2.5 → $1.8 | Sell | Maintains | $2.5 → $1.8 | +37.40% | Sep 5, 2023 |
Financial Forecast
Revenue This Year
13.59B
from 14.56B
Decreased by -6.62%
Revenue Next Year
13.16B
from 13.59B
Decreased by -3.18%
EPS This Year
-0.02
from -10.48
EPS Next Year
-0.08
from -0.02
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.3B | 13.9B | 13.8B | 14.5B | 14.7B |
| Avg | 13.6B | 13.2B | 13.0B | 13.5B | 14.3B |
| Low | 12.8B | 12.2B | 12.0B | 12.4B | 13.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.7% | 2.4% | 4.9% | 11.7% | 8.9% |
| Avg | -6.6% | -3.2% | -1.1% | 3.7% | 5.8% |
| Low | -11.9% | -9.9% | -9.2% | -4.9% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.29 | 0.36 | 0.15 | 0.15 | -0.05 |
| Avg | -0.02 | -0.08 | -0.02 | 0.03 | -0.05 |
| Low | -0.39 | -0.53 | -0.20 | -0.09 | -0.05 |
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.