Lumen Technologies (NYSE:LUMN) Earns Market Perform Rating from Raymond James Financial

Lumen Technologies (NYSE:LUMN)‘s stock had its “market perform” rating reiterated by investment analysts at Raymond James Financial in a report released on Wednesday, Marketbeat reports.

Several other research analysts have also issued reports on the company. Wall Street Zen raised Lumen Technologies from a “sell” rating to a “hold” rating in a research report on Sunday, November 9th. Citigroup cut Lumen Technologies from a “buy” rating to a “neutral” rating and set a $11.00 price target on the stock. in a research note on Friday, October 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Lumen Technologies in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their price target on shares of Lumen Technologies from $4.25 to $8.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 25th. Finally, Zacks Research raised shares of Lumen Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $6.88.

Lumen Technologies Stock Down 6.6%

Shares of LUMN stock opened at $6.19 on Wednesday. The firm has a market capitalization of $6.35 billion, a price-to-earnings ratio of -3.56 and a beta of 1.51. The stock has a fifty day moving average of $8.21 and a 200 day moving average of $7.02. Lumen Technologies has a 52 week low of $3.01 and a 52 week high of $11.95.

Lumen Technologies (NYSE:LUMN) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.23 EPS for the quarter, topping the consensus estimate of ($0.21) by $0.44. The business had revenue of $3.04 billion during 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 company’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.09 EPS. Equities research analysts anticipate that Lumen Technologies will post -0.87 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Kathleen E. Johnson bought 78,685 shares of the stock in a transaction on Thursday, February 5th. The shares were acquired at an average price of $6.35 per share, for a total transaction of $499,649.75. Following the purchase, the chief executive officer owned 8,562,582 shares of the company’s stock, valued at approximately $54,372,395.70. The trade was a 0.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Lumen Technologies

A number of large investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. lifted its holdings in shares of Lumen Technologies by 15.5% during the 3rd quarter. Bessemer Group Inc. now owns 7,209 shares of the technology company’s stock valued at $43,000 after buying an additional 968 shares during the period. Fifth Third Bancorp lifted its holdings in Lumen Technologies by 24.5% in the third quarter. Fifth Third Bancorp now owns 5,343 shares of the technology company’s stock valued at $33,000 after acquiring an additional 1,051 shares during the period. Crossmark Global Holdings Inc. boosted its position in Lumen Technologies by 2.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 61,599 shares of the technology company’s stock worth $479,000 after purchasing an additional 1,230 shares during the last quarter. Xponance Inc. grew its stake in shares of Lumen Technologies by 1.7% during the 3rd quarter. Xponance Inc. now owns 75,686 shares of the technology company’s stock valued at $463,000 after purchasing an additional 1,273 shares during the period. Finally, Arkadios Wealth Advisors increased its position in shares of Lumen Technologies by 10.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 14,154 shares of the technology company’s stock valued at $87,000 after purchasing an additional 1,340 shares during the last quarter. Institutional investors 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: CEO Kathleen E. Johnson bought 78,685 shares at ~$6.35, increasing her stake and signaling management confidence in the company’s outlook. SEC Filing: CEO Purchase
• Positive Sentiment: Lumen completed a ~$5.75B transaction with AT&T that materially reduced debt and cut interest expense (~45%), improving balance-sheet flexibility to fund network modernization and AI-focused growth initiatives. Why Bullish on 2026 (Seeking Alpha)
• Positive Sentiment: Q4 delivered a non-GAAP EPS beat and management highlighted strong demand for connectivity/AI-driven fiber products and sizable PCF deals, supporting margin improvement despite revenue declines. Q4 Beat (Zacks)
• Neutral Sentiment: UBS raised its price target modestly from $5 to $6 while keeping a “neutral” rating — a small vote of confidence but not a conviction buy. UBS PT Raise (Benzinga)
• Neutral Sentiment: Raymond James reaffirmed a “market perform” / “market perform” stance (mixed signal: steady rating but flagged the company’s execution risks). Raymond James Reaffirmation
• Negative Sentiment: Raymond James also published a note downgrading Lumen on a “growth hurdle” — analysts flagged that top-line decline and the pace of enterprise recovery are key risks to the turnaround. Raymond James Downgrade (Investing/News)
• Negative Sentiment: Citigroup trimmed its price target from $11 to $10, which, despite implying upside, is a downward revision that can pressure sentiment. Citigroup PT Cut (Benzinga)
• Negative Sentiment: Investors reacted to a 9% YoY revenue decline in Q4 and concerns that top-line weakness may persist even as margins improve via cost cuts — a key reason for the share weakness. Q4 Revenue Decline (Investing.com)
• Negative Sentiment: Analyst commentary and write-ups (AAII and others) highlighted why LUMN pulled back sharply — the market is wrestling with execution risk, valuation, and the pace of revenue recovery. Why LUMN Is Down (AAII)

About Lumen Technologies

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.