Lumen Technologies Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Lumen Technologies stock has a consensus rating of "Hold" and an average price target of $8.29. The average 1-year stock price forecast is 1.66% lower than the current stock price, while the lowest is $7.00 (-16.96%) and the highest is $10 (+18.62%).

Price Target: $8.29 (-1.66%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.00	$8.29	$8.20	$10
Change	-16.96%	-1.66%	-2.73%	+18.62%

* Price targets were last updated on May 11, 2026.

Analyst Ratings

The average analyst rating for Lumen Technologies stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	0	0	0	0
Buy	1	0	0	0	0	0
Hold	8	10	10	10	9	10
Sell	2	1	1	1	2	1
Strong Sell	0	0	0	0	0	0
Total	12	12	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sebastiano Petti J.P. Morgan	J.P. Morgan	Hold Maintains $6 → $7	Hold	Maintains	$6 → $7	-16.96%	May 11, 2026
Jonathan Atkin RBC Capital	RBC Capital	Hold Maintains $9	Hold	Maintains	$9	+6.76%	May 9, 2026
Mike Ng Goldman Sachs	Goldman Sachs	Hold Maintains $7.25 → $8	Hold	Maintains	$7.25 → $8	-5.10%	May 7, 2026
Batya Levi UBS	UBS	Hold Maintains $6 → $8	Hold	Maintains	$6 → $8	-5.10%	May 7, 2026
Frank Louthan Raymond James	Raymond James	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

10.95B

from 12.40B

-11.70%

from 12.40B

Revenue Next Year

10.56B

from 10.95B

-3.58%

from 10.95B

EPS This Year

-0.80

from -0.13

EPS Next Year

-0.29

from -0.80

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	19.69B	17.48B	14.56B	13.11B	12.40B	10.95B
Revenue Growth	-4.95%	-11.22%	-16.71%	-9.95%	-5.39%	-11.70%
Gross Profit	11.20B	9.61B	7.41B	6.41B	5.76B	5.27B
Gross Margin	56.89%	54.98%	50.92%	48.86%	46.48%	48.15%
Operating Income	4.29B	3.29B	1.07B	455.00M	-304.00M	688.59M
Net Income	2.03B	-1.55B	-10.30B	-55.00M	-1.74B	-604.66M
EPS	-	-	-	-	-0.13	-0.80
Dividend / Share	1.00	0.75	-	-	-	-
Free Cash Flow	-4.04B	7.70B	252.88M	-918.13M	-5.90B	1.98B
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	11.2B
Avg	11.0B
Low	10.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-9.5%
Avg	-11.7%
Low	-17.8%

EPS Forecast

EPS	2026	2027	2028
High	-0.54
Avg	-0.80
Low	-0.94

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-