Lumen Technologies (NYSE:LUMN) Price Target Raised to $6.00

Lumen Technologies (NYSE:LUMN) had its target price lifted by UBS Group from $5.00 to $6.00 in a research report sent to investors on Thursday,Benzinga reports. UBS Group currently has a neutral rating on the technology company’s stock.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada upped their price objective on Lumen Technologies from $4.25 to $8.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 25th. The Goldman Sachs Group boosted their price target on Lumen Technologies from $5.50 to $7.25 and gave the company a “neutral” rating in a research note on Wednesday. Zacks Research upgraded Lumen Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 8th. Raymond James Financial reissued a “market perform” rating on shares of Lumen Technologies in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lumen Technologies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $6.88.

Lumen Technologies Price Performance

Shares of Lumen Technologies stock opened at $8.06 on Thursday. Lumen Technologies has a 52-week low of $3.01 and a 52-week high of $11.95. The firm has a market capitalization of $8.27 billion, a PE ratio of -4.63 and a beta of 1.51. The company’s fifty day moving average price is $8.21 and its two-hundred day moving average price is $7.06.

Lumen Technologies (NYSE:LUMN) last issued its earnings results on Tuesday, February 3rd. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.44. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.04 billion. Lumen Technologies had a negative net margin of 14.02% and a negative return on equity of 158.40%. The firm’s revenue was down 8.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.09 EPS. Analysts predict that Lumen Technologies will post -0.87 earnings per share for the current fiscal year.

Insider Activity at Lumen Technologies

In other Lumen Technologies news, CEO Kathleen E. Johnson bought 78,685 shares of the firm’s stock in a transaction dated Thursday, February 5th. The shares were bought at an average price of $6.35 per share, for a total transaction of $499,649.75. Following the completion of the acquisition, the chief executive officer owned 8,562,582 shares of the company’s stock, valued at approximately $54,372,395.70. This trade represents a 0.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Lumen Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. Handelsbanken Fonder AB boosted its holdings in Lumen Technologies by 14.6% in the fourth quarter. Handelsbanken Fonder AB now owns 269,400 shares of the technology company’s stock valued at $2,093,000 after acquiring an additional 34,300 shares during the last quarter. Profund Advisors LLC raised its holdings in Lumen Technologies by 93.5% during the 4th quarter. Profund Advisors LLC now owns 82,711 shares of the technology company’s stock worth $643,000 after purchasing an additional 39,956 shares during the last quarter. ProShare Advisors LLC lifted its position in Lumen Technologies by 3.4% during the 4th quarter. ProShare Advisors LLC now owns 190,038 shares of the technology company’s stock valued at $1,477,000 after purchasing an additional 6,293 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Lumen Technologies by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 120,704 shares of the technology company’s stock valued at $938,000 after purchasing an additional 3,420 shares during the last quarter. Finally, Abacus Wealth Partners LLC acquired a new stake in shares of Lumen Technologies during the 4th quarter worth approximately $271,000. Institutional investors own 66.19% of the company’s stock.

Key Stories Impacting Lumen Technologies

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

• Positive Sentiment: CEO Kathleen (Kate) Johnson purchased ~78,685 shares (~$499.6k) at about $6.35 on Feb. 5, a near 1% increase in her stake — a strong insider signal that likely supported buyer demand. Read More. Read More.
• Positive Sentiment: Recent quarterly results showed an EPS beat and management highlighted AI-driven fiber demand and enterprise/network wins; revenue topped some estimates — supportive fundamental news for recovery narrative. Read More.
• Neutral Sentiment: Major brokers remain mixed: J.P. Morgan moved to “Hold” (neutral), UBS nudged its target up from $5 to $6 while staying neutral, and Goldman raised its target modestly — these provide incremental support but no strong bullish upgrade. Read More. Read More.
• Negative Sentiment: Unusually large put‑option activity: about 76,952 puts traded (a ~157% jump vs. typical daily put volume) — suggests elevated bearish bets or hedging that can pressure the stock or increase intraday volatility.
• Negative Sentiment: Citigroup cut its price target (from $11 to $10), and other coverage has highlighted year‑over‑year revenue declines (~8–9% in the quarter) — reminders that growth re‑acceleration remains uncertain. Read More.
• Negative Sentiment: Coverage noted a prior sharp intraday drop (~19.7%), underscoring recent volatility and the potential for outsized moves on mixed news or analyst actions. 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.