Lumen Technologies (NYSE:LUMN – Get Free Report) is expected to be posting its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of ($0.2319) per share and revenue of $2.73 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.
Lumen Technologies (NYSE:LUMN – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.06. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the business posted ($0.03) earnings per share. Lumen Technologies’s revenue was down 9.3% on a year-over-year basis. On average, analysts expect Lumen Technologies to post ($0.54) EPS for the current fiscal year and ($0.06) EPS for the next fiscal year.
Lumen Technologies Stock Down 1.0%
LUMN opened at $4.83 on Tuesday. The business has a fifty day moving average of $5.71 and a 200 day moving average of $7.23. The stock has a market cap of $4.98 billion, a P/E ratio of -4.74 and a beta of 1.84. Lumen Technologies has a 52-week low of $4.25 and a 52-week high of $11.95.
Insider Transactions at Lumen Technologies
In other news, CEO Kathleen Johnson acquired 100,000 shares of Lumen Technologies stock in a transaction on Thursday, August 6th. The shares were bought at an average cost of $6.13 per share, for a total transaction of $613,000.00. Following the acquisition, the chief executive officer directly owned 100,000 shares of the company’s stock, valued at $613,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.30% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on LUMN. Wells Fargo & Company decreased their target price on Lumen Technologies from $9.00 to $7.50 and set an “equal weight” rating for the company in a research report on Wednesday, August 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Lumen Technologies in a report on Friday, July 17th. Citigroup cut their price target on shares of Lumen Technologies from $10.00 to $8.25 and set a “neutral” rating on the stock in a report on Tuesday, August 11th. The Goldman Sachs Group reduced their price target on shares of Lumen Technologies from $8.50 to $7.25 and set a “neutral” rating on the stock in a research note on Wednesday, August 5th. Finally, Moffett Nathanson upgraded shares of Lumen Technologies from a “sell” rating to a “neutral” rating and set a $4.00 price objective for the company in a report on Friday. Ten research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $7.38.
Get Our Latest Research Report on Lumen Technologies
About Lumen Technologies
Lumen Technologies, Inc is a communications and technology company that provides network, connectivity, cloud, cybersecurity and managed services primarily to businesses, government organizations and wholesale customers. Its offerings include fiber-based internet and data transport, software-defined networking, network security, unified communications, voice services, edge computing and related information technology solutions.
The company operates one of the largest enterprise fiber networks in the United States and also serves customers internationally through its global network and wholesale operations.
Read More
- Five stocks we like better than Lumen Technologies
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Lumen Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumen Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
