Lumen Technologies (NYSE:LUMN) Given Market Perform Rating at Raymond James Financial

Lumen Technologies (NYSE:LUMN)‘s stock had its “market perform” rating reaffirmed by equities research analysts at Raymond James Financial in a research note issued to investors on Wednesday.

Several other brokerages also recently issued reports on LUMN. Weiss Ratings reissued a “sell (d-)” rating on shares of Lumen Technologies in a report on Thursday, January 22nd. Royal Bank Of Canada raised their price objective on shares of Lumen Technologies from $4.25 to $8.00 and gave the stock a “sector perform” rating in a report on Tuesday, November 25th. Citigroup downgraded Lumen Technologies from a “buy” rating to a “neutral” rating and set a $11.00 target price on the stock. in a report on Friday, October 31st. Wall Street Zen upgraded Lumen Technologies from a “sell” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Zacks Research raised Lumen Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $6.72.

Lumen Technologies Price Performance

Lumen Technologies stock opened at $8.47 on Wednesday. The business has a 50 day simple moving average of $8.28 and a 200 day simple moving average of $7.03. Lumen Technologies has a one year low of $3.01 and a one year high of $11.95. The company has a market capitalization of $8.68 billion, a PE ratio of -5.13 and a beta of 1.51.

Lumen Technologies (NYSE:LUMN) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.44. Lumen Technologies had a negative return on equity of 158.40% and a negative net margin of 13.02%.The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.04 billion. During the same period in the prior year, the company posted $0.09 earnings per share. The business’s revenue for the quarter was down 8.7% compared to the same quarter last year. Equities analysts anticipate that Lumen Technologies will post -0.87 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lumen Technologies

Hedge funds have recently added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D boosted its stake in Lumen Technologies by 9.8% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 490,480 shares of the technology company’s stock worth $2,148,000 after purchasing an additional 43,711 shares during the period. Bryce Point Capital LLC acquired a new stake in shares of Lumen Technologies in the second quarter valued at about $169,000. Credit Capital Investments LLC boosted its position in Lumen Technologies by 150.0% during the second quarter. Credit Capital Investments LLC now owns 150,000 shares of the technology company’s stock valued at $657,000 after purchasing an additional 90,000 shares during the last quarter. Prudential Financial Inc. grew its stake in Lumen Technologies by 10.5% in the second quarter. Prudential Financial Inc. now owns 1,099,473 shares of the technology company’s stock valued at $4,816,000 after purchasing an additional 104,362 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its position in shares of Lumen Technologies by 8.5% during the 2nd quarter. Allianz Asset Management GmbH now owns 9,520,500 shares of the technology company’s stock worth $41,700,000 after purchasing an additional 748,185 shares during the last quarter. Institutional investors and hedge funds own 66.19% of the company’s stock.

Lumen Technologies News Roundup

Here are the key news stories impacting Lumen Technologies this week:

• Positive Sentiment: Completed $5.75B AT&T transaction — reduced total debt by ~ $4.8B, cut annual interest expense ~45%, lowered capex and reduced net leverage to below 4x, freeing cash for network modernization and growth initiatives. Read More.
• Positive Sentiment: Q4 beat and improved guidance — Lumen reported $0.23 EPS vs. consensus loss estimates, revenue roughly in line, and forecast annual free cash flow above Street expectations, driven by strong connectivity demand and cost controls. This explains the immediate positive market reaction. Read More.
• Positive Sentiment: Strategic shift toward higher‑margin enterprise and digital products — management highlighted rising adoption of PCF and NaaS and an AI growth focus; analysts and bulls see meaningful margin tailwinds and a discounted valuation vs. larger carriers. Read More.
• Positive Sentiment: Institutional buying reported — CapWealth added ~704,970 shares, signaling some investor confidence following the transaction and results. Read More.
• Neutral Sentiment: Official earnings materials and call — management provided slides and a transcript detailing results, cash‑flow outlook and execution priorities; useful for investors doing due diligence. Read More. and Read More.
• Neutral Sentiment: Partnership/adjacent product news — a SeenThis/Lumen Research collaboration on attention measurement is incremental business development but unlikely to move shares materially today. Read More.
• Negative Sentiment: Large shareholder sale — AIGH Capital sold ~2.55M Lumen shares (~$15.6M based on quarter‑average pricing), which can add selling pressure and signal profit‑taking after the run‑up. Read More.

Lumen Technologies Company Profile

Lumen Technologies is a multinational technology company specializing in integrated network, edge cloud, security and collaboration services for enterprise and public sector clients. The company’s core offerings include high-capacity fiber and IP-based connectivity, managed edge computing solutions designed to accelerate applications and data processing closer to end users, and cybersecurity services ranging from DDoS protection to unified threat management. Through its unified portfolio, Lumen enables organizations to support digital transformation initiatives, modernize infrastructure and enhance operational resilience.

Leveraging one of the largest fiber footprints in North America, as well as infrastructure in Latin America and parts of Europe, Lumen connects customers across more than 60 countries.