Companies /Communication Services

Lumen Technologies Inc

NYSE: LUMN Telecom Services
$3.99
▲ $0.01 (+0.25%) today
Markets closed · 6:04pm ET

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LUMN at a Glance

Valuation
Market cap
$4.1B
Profitability
Revenue (TTM)
$11.8B
Profit margin
-8.7%
EPS (TTM)
$-1.02
Price
52-week range
$4 – $11
Street target
$7.49
Earnings
Next report
Feb 1, 2027
Q3 2026 EPS
$-0.14
vs. $-0.24 est.
+41.0%

Headquartered in Monroe, LA Fiscal year ends December NYSE: LUMN lumen.com

About Lumen Technologies

Lumen Technologies provides networking and connectivity services, positioning its network as infrastructure for AI workloads.

Key offerings:
- Metro connectivity and long-haul data transport, including wavelength (Waves) services.
- Dedicated Internet Access and Internet on Demand, now unified as Lumen Intelligent Internet.
- Edge cloud, security, managed services, and a Network-as-a-Service (NaaS) digital platform with multi-cloud networking capabilities.
- Alkira, an acquired multi-cloud networking business.

Revenue is reported by sales channel:
- Large Enterprise, Mid-Market Enterprise, Public Sector and Wholesale, which make up North America Business.
- International and Other.
- Mass Markets, its residual consumer business after the Q1 2026 sale of its Fiber-to-the-Home business to AT&T.

Business revenue is also split into Strategic offerings (including Private Connectivity Fabric and Digital) and Legacy offerings. Under Private Connectivity Fabric (PCF), hyperscalers and AI companies fund custom fiber builds, with more than $13.5 billion in cumulative signed deals.

The company is pursuing a multi-year modernization and simplification program, copper network decommissioning, and debt reduction toward a 3.0–3.5x leverage target. Updated

Revenue by Segment · Q3 2026
  1. Large Enterprise30%
  2. Wholesale22%
  3. Mid-Market Enterprise16%
  4. Public Sector16%
  5. Mass Markets14%
  6. International and Other3%

Latest Activity

LUMNLumen Technologies
Q3 2026
EPS
-$0.14
est -$0.24+41.0%
Revenue
$2.71B
est $2.73B-0.6%

Strategic revenue grew 9.6% to $1.28 billion on AI connectivity demand and now makes up 55% of business revenue, while legacy and the divested fiber-to-the-home unit drag total sales lower year over year. Management reiterated full-year adjusted EBITDA guidance, but shares slid after hours anyway.

Quarterly EPS — reported vs estimate

LUMN Coverage

6:53pm ET
Investing

Lumen Technologies Rises Despite Q3 Revenue Falling Short

Lumen Technologies (NYSE: LUMN) beat adjusted earnings expectations and delivered cash flow ahead of forecast in Q3, but revenue fell short of estimates as legacy telecom segments continued to decline. The stock…

Joel South
1:20pm ET
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The 4 Biggest Risks to AT&T’s (NYSE: T) 4.1% Yield

AT&T (NYSE:T | T Price Prediction) is tempting income investors with a tantalizing 4.1% dividend yield that pays $0.28 quarterly, especially attractive in a jittery market. With a $193 billion market cap…

Rich Duprey
4:12pm ET
Investing

Is Lumen Stock Headed to Bankruptcy or Massive Gains?

Lumen Technologies (NYSE:LUMN) is a company that’s most prominently known for its extensive wireline and cable assets. A key player in the telecommunications sector, Lumen is a company that’s neither “sexy” nor…

Chris MacDonald

Frequently Asked Questions

What does Lumen Technologies do?

Lumen Technologies provides networking and connectivity services, positioning its network as infrastructure for AI workloads.

What is the LUMN stock price target?

The Wall Street consensus 12-month price target for LUMN is $7.49.