
Lumen Technologies (LUMN) Stock Forecast & Price Target
Lumen Technologies (LUMN) Analyst Ratings
Bulls say
Lumen Technologies has demonstrated strong financial performance, with reported revenue of $3,087 million, exceeding consensus estimates by approximately 1.5%, and experiencing notable growth in the public sector at 11% year-over-year. The company's strategic shift towards enterprise services is reflected in the 10.5% year-over-year growth within North American enterprise channels and an impressive 18.4% increase in fiber broadband revenue. Additionally, Lumen's NaaS platform expansion, which has attracted over 1,500 enterprise customers since its launch in January 2024, underscores the company's commitment to enhancing its service offerings and strengthening its market position.
Bears say
Lumen Technologies has exhibited a 3.2% year-over-year decline in Business Segment revenue, despite a positive performance in the Public sector and Large Enterprise revenues, indicating challenges in sustaining growth in core operations. The company is experiencing continued organic revenue declines and anticipates further adjustments due to the normalization of Public sector revenue, alongside significant transformation costs aimed at $1 billion in expense reductions by 2027. Additionally, Lumen's fiber penetration remains at a modest 26%, while legacy copper broadband continues to face deterioration, highlighting ongoing issues with transitioning its service offerings effectively.
This aggregate rating is based on analysts' research of Lumen Technologies and is not a guaranteed prediction by Public.com or investment advice.
Lumen Technologies (LUMN) Analyst Forecast & Price Prediction
Start investing in Lumen Technologies (LUMN)
Order type
Buy in
Order amount
Est. shares
0 shares