Bank of America Corp DE Increases Stake in Lumen Technologies, Inc. $LUMN
Bank of America Corp DE significantly increased its stake in Lumen Technologies (LUMN) by 28.9% in the first quarter, now holding over 3 million shares valued at approximately $20.9 million. This move comes as institutional investors collectively own 66.19% of LUMN, and the company's CEO recently acquired 100,000 shares. Despite better-than-expected Q1 revenue and adjusted EPS, analysts remain cautious with a "Reduce" rating and an average price target of $7.86, as revenue declined year-over-year.
Russell Investments Group Ltd. Increases Holdings in Lumen Technologies, Inc. $LUMN
Russell Investments Group Ltd. significantly increased its stake in Lumen Technologies, acquiring over 433,000 additional shares, bringing its total holdings to 1.30 million shares valued at approximately $10 million. This comes as Lumen's CEO also purchased 100,000 shares, increasing insider ownership to 2.30%. Despite recent positive earnings reports, analysts maintain a cautious "Reduce" rating for LUMN, with an average target price of $7.86.
Mitsubishi UFJ Trust & Banking Corp Has $1.05 Million Stock Position in Lumen Technologies, Inc. $LUMN
Mitsubishi UFJ Trust & Banking Corp significantly reduced its stake in Lumen Technologies, selling 81.6% of its shares but still retaining 137,269 shares valued at approximately $1.05 million. Despite a 9.3% year-over-year revenue decline, Lumen Technologies exceeded Q2 earnings expectations with a smaller-than-anticipated EPS loss. The stock, currently trading at $6.70, faces a cautious outlook from analysts, holding a "Reduce" consensus rating and a $7.86 price target, even as CEO Kathleen Johnson recently purchased 100,000 shares.
Lumen Appoints Jim Ortbals Senior Vice President of Global Partner Solutions
Lumen Technologies has appointed Jim Ortbals as Senior Vice President of Global Partner Solutions to lead the company's channel partner strategy and execution. Ortbals brings over 25 years of experience in growing global channel organizations and will focus on simplifying partner motions and strengthening execution to accelerate growth for enterprise customers. This appointment is part of Lumen's multi-year transformation to become a trusted network for AI, with partners being crucial to extending its capabilities.
Lumen (LUMN) Stock Looks Pricey Even If Sales Still Look Cheap
Lumen Technologies (LUMN) has seen a significant 277.5% return over the past three years. While a Discounted Cash Flow (DCF) model suggests the stock is overvalued by about 49.7%, its Price/Sales (P/S) ratio indicates it might be undervalued compared to industry averages and its risk profile. The article highlights that the market may be paying for potential growth in digital networking, even as the intrinsic value model is more cautious on future cash flows.
Citigroup Has Lowered Expectations for Lumen Technologies (NYSE:LUMN) Stock Price
Citigroup has lowered its price target for Lumen Technologies (NYSE:LUMN) from $10.00 to $8.25, while maintaining a neutral rating, indicating a potential upside of 29.4%. Other analysts have also adjusted their targets, with a consensus "Reduce" rating and an average price target of $7.86. Despite exceeding quarterly EPS and revenue estimates, Lumen's revenue declined 9.3% year over year, though institutional investors hold a significant stake and the CEO recently purchased 100,000 shares.
Lumen Technologies Jumps 6.3% After Goldman Sachs Maintains Neutral
Lumen Technologies (LUMN) stock rose 6.3% despite Goldman Sachs and Wells Fargo cutting their price targets by double digits. Goldman Sachs maintained a Neutral rating, lowering its target from $8 to $7, while Wells Fargo kept an Equal-Weight stance, reducing its target from $9 to $8. The article notes the disconnect between analyst pessimism and the stock's performance, suggesting possible short covering or investor disagreement with the revisions.
Lumen Technologies Jumps 6.3% After Goldman Sachs Maintains Neutral
Lumen Technologies shares rose 6.3% despite Goldman Sachs and Wells Fargo cutting their price targets for the telecom company. Goldman Sachs maintained a Neutral rating, lowering its target from $8 to $7, while Wells Fargo kept an Equal-Weight stance, reducing its target from $9 to $8. This unexpected stock surge, contrary to analyst pessimism, suggests potential short covering, bargain hunting, or investor disagreement with the reduced outlooks.
Wall Street Zen Upgrades Lumen Technologies (NYSE:LUMN) to Hold
Wall Street Zen has upgraded Lumen Technologies (NYSE:LUMN) from "sell" to "hold," though the broader analyst consensus remains "Reduce" with an $8.11 price target. Despite beating quarterly earnings and revenue expectations, the company saw a 9.3% year-over-year revenue decline, indicating ongoing challenges in legacy businesses. CEO Kathleen Johnson's recent purchase of 100,000 shares signals management confidence, and institutional investors have also increased their positions.
Insider Buys Additional US$613k In Lumen Technologies Stock
This article reports that a Lumen Technologies insider recently purchased an additional US$613k worth of company stock. This significant buy could signal confidence in the company's future prospects. The article would likely detail who the insider is and possibly the timing of the transaction.
Lumen Technologies (NYSE: LUMN) awards director 27,350 RSUs
Lumen Technologies director John M. Hinshaw was awarded 27,350 restricted stock units (RSUs) on August 5, 2026, valued at $6.08 per share. These RSUs are set to vest on August 5, 2027, and will be settled in shares at a later date based on his deferral election. The Form 4 filing also indicates Hinshaw indirectly holds 379 shares through The EAG Family Trust, for which he is a trustee.
Lumen Technologies (LUMN) Faces A Fresh Valuation Test After Earnings And AI Network Push
Lumen Technologies (LUMN) recently reported Q2 2026 results, showing a narrower net loss but continued revenue decline. The company is actively repositioning itself in AI-focused enterprise networking, despite a 30% stock price drop over the last three months. While some analysts view the stock as undervalued at $10.00, a discounted cash flow model suggests it may be trading above its cash flow-based value.
Lumen Technologies (NYSE:LUMN) CEO Acquires 100,000 Shares
Lumen Technologies CEO Kathleen Johnson recently purchased 100,000 shares of the company's stock for $613,000. This insider buying follows the company's latest quarterly results, which surpassed analyst expectations for adjusted loss per share and revenue, despite an overall revenue decline. Analyst sentiment remains cautious, with an average "Reduce" rating and a price target of $8.11, while the stock currently trades around $5.89.
Lumen Technologies Appoints John M. Hinshaw to Board of Directors, Strengthening Technology, Security and Operational Expertise
Lumen Technologies has appointed John M. Hinshaw, former HSBC Group COO and a seasoned technology executive, to its Board of Directors. This strategic addition aims to bolster the company's expertise in digital transformation, risk management, and operational excellence, supporting Lumen's commitment to the AI economy. Hinshaw's extensive background in leading technology-driven transformations at major organizations is expected to provide valuable insights as Lumen continues its strategic evolution and pursues growth opportunities.
Lumen Technologies | 4: Statement of changes in beneficial ownership of securities-Officer Johnson Kathleen E
This document from Lumen Technologies is a Statement of Changes in Beneficial Ownership of Securities (Form 4) for Officer Kathleen E. Johnson. It details alterations in her beneficial ownership of the company's securities.
Lumen reinvents itself as the fiber network behind AI and enterprise—from Anthropic to the Yankees
Lumen Technologies is transforming from a traditional telecom into a key player in AI networking, with clients like Anthropic and the New York Yankees. The company has focused on stabilizing its balance sheet, acquiring Alkira to enhance its network-as-a-service (NaaS) offerings, and expanding its fiber-optic network. This strategy positions Lumen as a neutral infrastructure provider for the AI-driven economy, emphasizing elasticity and user control over network services.
Lumen Technologies, Inc. Stock 12‑Month Price Target Cut to $7.71, Implies 15% Upside
The average 12-month price target for Lumen Technologies, Inc. (LUMN) stock has been reduced from $7.99 to $7.71 by 10 analysts, implying a potential 15% upside from its August 4 closing price. Despite this, the consensus rating for LUMN from 15 analysts remains "Hold," with 1 Buy, 11 Holds, and 3 Sells. Investors can find more detailed price target data and analyst recommendations on the Forecasts tab and News Flow sections of TradingView.
Lumen Technologies (NYSE:LUMN) Price Target Lowered to $7.25 at The Goldman Sachs Group
The Goldman Sachs Group has lowered its price target for Lumen Technologies (NYSE:LUMN) to $7.25 from $8.50, while maintaining a "neutral" rating, indicating an 18.4% potential upside. This adjustment comes despite Lumen beating Q2 earnings expectations with a narrower loss and higher revenue than anticipated, driven by strategic revenue growth in digital, cloud, and AI networking services. However, concerns remain as the company's overall revenue declined year-over-year due to a contraction in its legacy business, and it continues to face a cautious analyst consensus.
California State Teachers Retirement System Increases Stake in Lumen Technologies, Inc. $LUMN
The California State Teachers Retirement System increased its stake in Lumen Technologies (NYSE:LUMN) by 23.2% in the first quarter, now owning over 1.13 million shares. This comes as Lumen Technologies reported a narrower-than-expected quarterly loss of $0.07 per share and beat revenue estimates with $2.81 billion, despite a year-over-year revenue decline and continued unprofitability. Analysts, however, maintain a cautious "Reduce" rating for the stock, with a consensus price target of $8.32.
Lumen Technologies Q2 Earnings Call Highlights
Lumen Technologies reported Q2 results in line with expectations, continuing its shift towards strategic networking services. The company's strategic revenue increased 14% year-over-year, now comprising 53% of total business revenue, driven by growth in high-speed wavelength and digital networking. Lumen plans to integrate Alkira into its Lumen Connect platform and saw expanded adoption of its Network-as-a-Service, while also reaffirming cost-savings targets for 2026 and 2027.
Lumen Technologies (LUMN) Appoints John M. Hinshaw To Its Board
Lumen Technologies (NYSE:LUMN) has appointed John M. Hinshaw to its Board of Directors, bringing extensive executive experience from various technology and telecommunications companies. This appointment is expected to provide broader operational and governance insights for Lumen's strategic decisions, particularly concerning capital allocation and long-term positioning. While the company's stock shows positive recent momentum, it faces valuation risk and remains unprofitable with negative shareholders' equity.
Transcript : Lumen Technologies, Inc., Q2 2026 Earnings Call, Aug 04, 2026
This article provides the transcript of Lumen Technologies, Inc.'s Q2 2026 Earnings Call, held on August 4, 2026. The transcript includes the operator's initial message and indicates that the full content is reserved for subscribers, offering subscription benefits like unlimited browsing and pro tools. The page also features related news about Lumen's Q2 performance, including widening adjusted loss, declining revenue, and the appointment of a new board member.
Lumen Technologies (NYSE:LUMN) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Lumen Technologies (NYSE: LUMN) reported better-than-expected quarterly earnings, with an adjusted loss of $0.07 per share, beating estimates by $0.06, and revenue of $2.81 billion, surpassing the consensus of $2.74 billion. Following the announcement, shares rose 4.6% to $6.75, though the stock remains below its key moving averages. Analyst sentiment remains cautious, with an average "Reduce" rating and an average price target of $8.32.
Lumen Technologies, Inc. 2026: Revenue $2.81B, EPS ($0.2) — 10-Q Summary
Lumen Technologies, Inc. reported its 2026 quarterly results, showing revenue of $2.81 billion, a net loss of ($201M), and a diluted loss per share of ($0.2). While revenue decreased year-over-year, the net loss and EPS narrowed significantly compared to 2025. The company highlighted a shift towards strategic business lines, the completion of the Fiber-to-the-Home sale to AT&T, and the acquisition of Alkira to expand cloud and networking services.
Lumen Technologies posts narrower Q2 loss than feared, revenue beat; Shares jump 4%
Lumen Technologies (NYSE:LUMN) reported better-than-expected second-quarter results, with a narrower adjusted loss per share of -$0.07 against an estimated -$0.13, and revenue of $2.8 billion surpassing the $2.74 billion consensus. The company's shares jumped 4% after hours. Lumen also reiterated its full-year 2026 financial outlook, projecting adjusted EBITDA between $3.1 billion and $3.3 billion, and free cash flow of $1.9 billion to $2.1 billion.
Lumen Technologies Appoints John M. Hinshaw to Board of Directors, Strengthening Technology, Security and Operational Expertise
Lumen Technologies (NYSE: LUMN) has announced the appointment of John M. Hinshaw to its Board of Directors, effective August 4, 2026. Hinshaw, a former HSBC Group COO and veteran technology executive, brings over three decades of leadership experience to the board. His appointment is expected to enhance Lumen's expertise in digital transformation, risk management, and operational excellence, supporting the company's focus on the AI economy.
Lumen Technologies Appoints John M. Hinshaw to Board of Directors, Strengthening Technology, Security and Operational Expertise
Lumen Technologies has appointed John M. Hinshaw, former HSBC Group COO and veteran technology executive, to its Board of Directors, effective August 4, 2026. This appointment aims to bolster the Board's expertise in digital transformation, enterprise technology, risk management, and operational excellence as Lumen continues its focus on the AI economy. Hinshaw brings over three decades of leadership experience from companies like HSBC, Hewlett-Packard, and Boeing, and will provide valuable insights to Lumen's strategy and growth opportunities.
Earnings Flash (LUMN) Lumen Technologies, Inc. Posts Q2 Adjusted Loss $0.07 per Share, vs. FactSet Est of $-0.13
Lumen Technologies, Inc. (LUMN) reported an adjusted loss of $0.07 per share for Q2 2026, which is better than the FactSet estimate of a $0.13 loss per share. This financial update was published on August 4, 2026, and is part of the company's second-quarter earnings announcements. Lumen Technologies provides digital networking services and operates under brands like Lumen and CenturyLink.
Lumen Technologies Appoints John M. Hinshaw to Board of Directors, Strengthening Technology, Security and Operational Expertise – Company Announcement - FT.com
Lumen Technologies has appointed John M. Hinshaw, former HSBC Group COO and veteran technology executive, to its Board of Directors, effective August 4, 2026. This appointment aims to enhance the Board's expertise in digital transformation, enterprise technology, risk management, and operational excellence. Hinshaw's extensive experience will support Lumen's focus on enabling the AI economy through its infrastructure and network.
378,642 Shares in Lumen Technologies, Inc. $LUMN Purchased by Edgestream Partners L.P.
Edgestream Partners L.P. recently acquired 378,642 shares of Lumen Technologies, Inc. (NYSE:LUMN), valued at approximately $2,632,000, during the first quarter. Other institutional investors like JPMorgan Chase & Co., Charles Schwab Investment Management Inc., and Dimensional Fund Advisors LP also increased their stakes in the technology company. Despite institutional interest, Lumen Technologies reported a mixed financial performance with a missed EPS target and a revenue decline, and analysts currently have a "Reduce" consensus rating with an average target price of $8.32.
Lumen Technologies, Inc. (NYSE:LUMN) Given Consensus Recommendation of "Reduce" by Brokerages
Brokerages have issued a "Reduce" consensus recommendation for Lumen Technologies (NYSE:LUMN), with one sell rating and nine hold ratings, and an average 12-month price target of $8.32. The company's shares opened at $6.36, below moving averages, and it reported a quarterly loss of $0.47 per share, missing expectations, despite revenue exceeding estimates. Institutional investors have made various changes to their holdings in the stock.
Will $475M Alkira Buyout Boost LUMN's Cloud & Security Revenues?
Lumen Technologies is set to acquire Alkira for $475 million to transform into a software-driven enterprise infrastructure platform, aiming to build a programmable AI-era network. This acquisition is expected to expand Lumen's enterprise reach, boost digital growth, and strengthen its position in the rapidly growing enterprise networking segment, with an estimated addressable market of $70 billion. The deal also aims to reduce execution risk, prioritize long-term platform transformation, and is anticipated to close in the third quarter of 2026.
Lumen Technologies Inc expected to post a loss of 14 cents a share - Earnings Preview
Lumen Technologies Inc is projected to report a loss of 14 cents per share. This information comes from an earnings preview provided by Refinitiv, indicating upcoming financial results for the company.
RBC Capital Maintains Lumen Technologies(LUMN.US) With Hold Rating, Maintains Target Price $9
RBC Capital has reiterated its Hold rating on Lumen Technologies (LUMN.US) and maintained its price target at $9. This indicates that the firm sees the stock performing in line with the market and believes its current valuation is fair given the target price.
LUMN|Lumen Technologies Inc|Price:6.240|Chg%:+0.050
This article provides a comprehensive stock analysis of Lumen Technologies Inc (LUMN) by TradingKey, assigning it a score of 5.95/10. It highlights that LUMN's fundamentals are relatively stable with significant growth potential, although its valuation is considered fairly valued within the Telecommunications Services industry. The analysis notes high institutional ownership and a recent "Hold" rating from multiple analysts, with an expected downtrend in stock price in the medium term.
Lumen Technologies (LUMN) Wins Yankees Network Deal, Where Does Fair Value Sit?
Lumen Technologies (LUMN) recently secured a deal with the New York Yankees to manage their network infrastructure, despite the company's recent weak share price performance. Analysts have a fair value target of $8.29, suggesting the stock is undervalued, driven by optimistic expectations for Lumen's AI-driven network and a reduction in legacy services. However, Simply Wall St's own Discounted Cash Flow model suggests a fair value of $4.42, presenting a conflicting view and highlighting differing assumptions about the company's future.
Lumen (LUMN) Stock Looks Richer After Fresh AI Connectivity Recognition
Lumen Technologies (LUMN) has seen a significant 205% stock gain over the last three years, but its current valuation presents a mixed picture. While a Discounted Cash Flow (DCF) analysis suggests the stock is overvalued by 40.1% compared to its intrinsic value, its Price-to-Sales (P/S) ratio indicates it is undervalued relative to its industry and fair ratio models. The company's recent recognition in a Gartner report for AI-focused enterprise connectivity may be driving investor optimism despite the DCF valuation.
Lumen Technologies (LUMN) to Release Earnings on Tuesday
Lumen Technologies (LUMN) is set to announce its Q2 2026 earnings on Tuesday, August 4th, with analysts forecasting a loss of ($0.15) per share and revenue of $2.7404 billion. The company reported a miss on EPS in its previous earnings call, though revenue exceeded estimates. Institutional investors have been adjusting their holdings in LUMN, and analysts have recently provided varied price targets and ratings.
Arrowstreet Capital Limited Partnership Has $55.28 Million Stock Position in Lumen Technologies, Inc. $LUMN
Arrowstreet Capital Limited Partnership significantly increased its holdings in Lumen Technologies, Inc. (NYSE:LUMN) by 8.3% in the first quarter, now owning 7,954,306 shares valued at $55.28 million. Several other institutional investors also adjusted their stakes in the company. Lumen Technologies reported missing EPS estimates in its last earnings release but exceeded revenue expectations, with analysts projecting an EPS of -0.39 for the current year.
Lumen Technologies Inc (LUMN) Cash Flow
This article provides an in-depth look at Lumen Technologies Inc's cash flow statements, including operating, investing, and financing activities. It presents both quarterly and annual data, alongside year-over-year changes for key financial metrics. The document also includes an FAQ section explaining various cash flow concepts and their relevance to LUMN.
Renaissance Technologies LLC Sells 322,700 Shares of Lumen Technologies, Inc. $LUMN
Renaissance Technologies LLC reduced its stake in Lumen Technologies (NYSE:LUMN) by 3.2% in the first quarter, selling 322,700 shares and holding 9,720,567 shares valued at $67,558,000. Other hedge funds have shown varied activity, with some increasing their holdings and others purchasing new positions. Lumen Technologies recently reported disappointing quarterly earnings, missing consensus estimates, and analysts have issued updated price targets and ratings, with a consensus of "Reduce."
Lumen Technologies Inc (LUMN) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a revenue breakdown for Lumen Technologies Inc (LUMN), detailing its financial performance by business segments. It lists "Grow," "Nurture," "Harvest," and "Other" as key segments, along with their respective revenues and proportions. The data is presented with a focus on FY2025 and earlier fiscal years, though detailed regional and profit contribution information has not yet been disclosed by the company.
Lumen Technologies, Inc. $LUMN Shares Sold by Bank of New York Mellon Corp
Bank of New York Mellon Corp decreased its stake in Lumen Technologies (NYSE:LUMN) by 7.5% in the first quarter, selling over 451,000 shares. Despite this, Lumen Technologies' stock, currently trading at $6.35, has seen several institutional investors modify their holdings, and analysts have issued various "Hold" and "Neutral" ratings with an average target price of $7.91. The company recently missed Q1 earnings per share estimates but exceeded revenue expectations, and is predicted to post -0.39 EPS for the current year.
Lumen Technologies Inc (LUMN) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Lumen Technologies Inc (LUMN), including its current earnings forecast score, average price target, and analyst ratings. It details expected revenue and EPS for upcoming quarters and compares LUMN to its peers in the Telecommunications Services industry. The report is based on analysis from 13 analysts, with a consensus "Hold" rating.
LUMN Stock Climbs 5% Pre-Market – What’s The Anthropic Connection?
Lumen Technologies (LUMN) shares rose over 5% pre-market after the company announced a partnership to expand Anthropic's fiber network across North America. This deal is part of Lumen's plan to boost EBITDA margins to the mid-30% range by 2030 and achieve 47 million fiber miles by the end of 2028, backed by significant Private Connectivity Fabric agreements. Despite a recent decline in stock price following Q4 earnings, retail sentiment has shifted to 'neutral' as the company focuses on AI investment and an enterprise-centric strategy.
First Trust Advisors LP Has $88.77 Million Stake in Lumen Technologies, Inc. $LUMN
First Trust Advisors LP reduced its stake in Lumen Technologies by 8.4% in the first quarter, though it still holds 12.77 million shares worth $88.77 million. Lumen Technologies reported a wider-than-expected loss of $0.47 per share, despite revenues of $2.90 billion slightly beating estimates but still down 8.9% year-over-year. Wall Street maintains a "Reduce" consensus rating with an average target price of $7.91 for LUMN.
Fifth Third Bancorp Has $1.56 Million Holdings in Lumen Technologies, Inc. $LUMN
Fifth Third Bancorp significantly increased its stake in Lumen Technologies, Inc., boosting its holdings by 3,775.1% to a total of 224,216 shares valued at $1.56 million. Other institutional investors also adjusted their positions in LUMN. Despite this, analysts have a "Reduce" consensus rating with a target price of $7.91, and the company recently missed earnings per share estimates.
Lumen Technologies Inc (LUMN) Fundamental & Financial Data
This article provides fundamental and financial data for Lumen Technologies Inc (LUMN), including its current stock price, market capitalization, dividend yield, and pertinent analytical ratios. It also highlights recent news, such as Lumen's recognition in a Gartner report and upcoming investor conferences, alongside trending discussions related to other major companies like Google, Tesla, and Super Micro Computer.
Lumen Technologies (LUMN) Plans Investor Meetings in Q3 2026
Lumen Technologies (LUMN) announced plans to attend several investor meetings in Q3 2026 to discuss its business progress and strategic direction, including the TD Cowen Communications Infrastructure Summit, Citi 2026 Global TMT Conference, and Goldman Sachs Communacopia + Technology Conference. The company is positioning itself as the "AI Trust Network" following the acquisition of Alkira, focusing on enterprise services which now constitute 85-90% of revenue. GuruFocus indicates LUMN is significantly overvalued at $6.64 against a GF Value of $3.86, with an average GF Score of 53/100, showing strengths in profitability and momentum but weaknesses in financial strength and growth.
Lumen Technologies To Attend Investor Conferences
Lumen Technologies (NYSE: LUMN) announced it will participate in three investor conferences during Q3 2026: the TD Cowen Communications Infrastructure Summit on August 11, the Citi 2026 Global TMT Conference on September 9, and the Goldman Sachs Communacopia + Technology Conference on September 10. The company, which positions itself as a trusted network for AI, will provide webcast links to investor presentations on its Investor Relations website where applicable.
