| Lumen Technologies, Inc. (LUMN) Annual JPMorgan Global Technology, Media and Communications Conference (Transcript) |
Lumen Technologies, Inc. (NYSE:LUMN ) Annual JPMorgan Global Technology, Media and Communications Conference Call May 15, 2025 8:40 AM ET Company Participants Chris Stansbury - Executive Vice President and Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Chase & Co. Sebastiano Petti Good morning, everyone. I'm Sebastiano Petti, and I cover the telecom, cable and satellite space at JPMorgan. |
seekingalpha.com |
2025-05-15 16:13:45 |
Czytaj oryginał (ang.) |
| Lumen Technologies (NYSE: LUMN) Stock Price Prediction and Forecast 2025-2030 (May 2025) |
Concerns about the future prospects for Lumen Technologies Inc. (NYSE: LUMN) have lingered. |
247wallst.com |
2025-05-15 12:40:50 |
Czytaj oryginał (ang.) |
| Lumen Technologies Appoints Michelle J. Goldberg and Steve McMillan to Board, Strengthening Company's AI and Digital Strategy |
DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced the election of Michelle J. Goldberg and Steve McMillan to its Board of Directors, effective as of the company's 2025 annual meeting of shareholders, which was held on May 15, 2025. “As Lumen transforms to serve the digital networking needs of our enterprise customers, Michelle and Steve's expertise will be invaluable to our board and our business,” said Kate Johnson, Lumen's president and CEO. “Michelle's experience scali. |
businesswire.com |
2025-05-15 12:05:00 |
Czytaj oryginał (ang.) |
| Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade. |
Most Americans believe they need at least $1.26 million to retire comfortably, according to Northwestern Mutual's 2025 Planning & Progress Study. Unfortunately, only 3.2% of American retirees have actually saved up more than $1 million across their retirement accounts, according to a recent Federal Reserve Survey of Consumer Finances. |
fool.com |
2025-05-13 08:08:00 |
Czytaj oryginał (ang.) |
| Lumen Appoints Mark Hacker as Executive Vice President and Chief Legal Officer |
DENVER--(BUSINESS WIRE)--New Legal Officer Named. |
businesswire.com |
2025-05-12 16:00:00 |
Czytaj oryginał (ang.) |
| Buy The Dividend Cut: 8-9% Yields The Market Got Completely Wrong |
Stocks that cut their dividends are often eschewed due to containing clear flaws. However, sometimes the market completely misprices a stock after it cuts its dividend, providing tremendous investment opportunities. We share some high-yields that are extremely compelling buys after cutting their dividends. |
seekingalpha.com |
2025-05-11 15:30:00 |
Czytaj oryginał (ang.) |
| Lumen Technologies: AI Optimism Is Premature |
Since my last writing, Lumen Technologies has embarked on an AI transformation and showed material progress. The company secured $8 billion in AI infrastructure orders, substantially improved its financial stability and flexibility. But it is still facing significant financial challenges, including continued EPS losses, debt burden, and heavy capital expenditure needs. |
seekingalpha.com |
2025-05-08 16:08:19 |
Czytaj oryginał (ang.) |
| Lumen and IBM Collaborate to Unlock Scalable AI for Businesses |
Companies to develop AI solutions that bring inferencing to the edge, helping businesses overcome cost and security challenges as they scale AI DENVER and ARMONK, N.Y. , May 6, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and IBM (NYSE: IBM) today announced a new collaboration to develop enterprise-grade AI solutions at the edge—integrating watsonx, IBM's portfolio of AI products, with Lumen's Edge Cloud infrastructure and network. |
prnewswire.com |
2025-05-06 10:00:00 |
Czytaj oryginał (ang.) |
| Why Lumen Stock Is Soaring Today |
Lumen (LUMN 11.64%) stock is soaring higher Monday. The telecom company's share price was up 11% as of 3:30 p.m. |
fool.com |
2025-05-05 19:44:53 |
Czytaj oryginał (ang.) |
| Lumen Technologies: Turnaround Opens Up New Income Opportunity |
Lumen Technologies is undergoing a transformation driven by AI demand, with first-quarter earnings showing a shift from legacy services to AI infrastructure. The company's debt profile improved, refinancing loans to reduce interest expenses by $55 million annually, with most debt maturing in 2029 or later. Positive cash flow and reiterated 2025 guidance, with 2026 EBITDA expected to exceed $3.5 billion, indicate a promising growth trajectory. |
seekingalpha.com |
2025-05-05 04:18:22 |
Czytaj oryginał (ang.) |
| Lumen Q1 Loss Narrower Than Expected, Revenues Fall Y/Y |
LUMN's first-quarter performance has been cushioned by increases in North American Business Grow and Waves revenues. The company reiterates outlook for 2025. |
zacks.com |
2025-05-02 15:10:43 |
Czytaj oryginał (ang.) |
| Lumen Technologies, Inc. (LUMN) Q1 2025 Earnings Call Transcript |
Lumen Technologies, Inc. (NYSE:LUMN ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Jim Breen - SVP, IR Kate Johnson - CEO Chris Stansbury - CFO Conference Call Participants Michael Rollins - Citi Batya Levi - UBS Jim Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Greg Williams - TD Cowen Frank Louthan - Raymond James Jonathan Chaplin - New Street Research Operator Greetings, and welcome to the Lumen Technologies' First Quarter 2025 Earnings Call. During the presentation, all lines will be in a listen-only mode. |
seekingalpha.com |
2025-05-02 01:35:50 |
Czytaj oryginał (ang.) |
| Lumen (LUMN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-02 00:35:47 |
Czytaj oryginał (ang.) |
| Lumen (LUMN) Reports Q1 Loss, Tops Revenue Estimates |
Lumen (LUMN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.04 per share a year ago. |
zacks.com |
2025-05-01 22:45:40 |
Czytaj oryginał (ang.) |
| Lumen beats quarterly revenue estimates on AI driven demand for connectivity |
Lumen Technologies topped Wall Street estimates for first-quarter revenue on Thursday, driven by strong demand for its connectivity solutions from enterprise customers amid a rapid growth in AI-intensive workloads. |
reuters.com |
2025-05-01 20:03:45 |
Czytaj oryginał (ang.) |
| Lumen Technologies reports first quarter 2025 results |
DENVER , May 1, 2025 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the first quarter ended March 31, 2025. Q1 results highlight progress in key priorities; Drive Operational Excellence, Build the Backbone for AI, and Cloudify Telecom Key areas of focus showed strong growth in the quarter, such as North American Business Grow and Waves revenue. |
prnewswire.com |
2025-05-01 20:01:00 |
Czytaj oryginał (ang.) |
| Should You Add LUMN Stock to Your Portfolio Pre-Q1 Earnings? |
LUMN's first-quarter performance is likely to have been affected by secular headwinds in legacy business. Increasing uptake of PCF solutions bodes well. |
zacks.com |
2025-04-28 14:25:35 |
Czytaj oryginał (ang.) |
| Lumen (LUMN) Moves to Buy: Rationale Behind the Upgrade |
Lumen (LUMN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-04-23 17:00:39 |
Czytaj oryginał (ang.) |
| Lumen Brings Big Bandwidth to the Big Hats: Powering the Kentucky Derby® with Network-as-a-Service |
DENVER , April 23, 2025 /PRNewswire/ -- 'The Most Exciting Two Minutes in Sports®' just got a serious tech upgrade. As Churchill Downs Racetrack ("Churchill Downs") prepares to host the 151st running of the Kentucky Derby, the historic venue has teamed up with Lumen Technologies (NYSE: LUMN) to bring Network-as-a-Service (NaaS) capabilities to the racetrack, delivering enhanced connectivity for hundreds of thousands of guests, media outlets, and mutuel operations during Derby Week. |
prnewswire.com |
2025-04-23 12:50:00 |
Czytaj oryginał (ang.) |
| LUMN vs. CCOI: Which Enterprise Fiber Stock is the Better Buy? |
Lumen appears to be a better investment option compared to Cogent at the moment. |
zacks.com |
2025-04-22 15:25:38 |
Czytaj oryginał (ang.) |
| Why Lumen Stock Is Jumping Today |
Lumen (LUMN 5.07%) stock is posting big gains in Wednesday's trading. The company's share price was up 5.5% as of 3 p.m. |
fool.com |
2025-02-26 17:38:32 |
Czytaj oryginał (ang.) |
| Lumen's stock got little love from Wall Street analysts. That's now changing. |
Lumen's stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares. |
marketwatch.com |
2025-02-26 13:35:00 |
Czytaj oryginał (ang.) |
| Why Lumen Stock Jumped Today |
Lumen (LUMN 2.54%) stock managed to post gains in Tuesday's trading despite a big pullback for artificial intelligence (AI) stocks. The telecom specialist's share price ended the session up 2.5% despite a 0.5% pullback for the S&P 500 index and a 1.4% decline for the Nasdaq Composite. |
fool.com |
2025-02-25 18:49:00 |
Czytaj oryginał (ang.) |
| Why Lumen Stock Sank Today |
Lumen (LUMN -7.08%) stock lost significant ground Monday. The company's share price closed out the day down 7.1%. |
fool.com |
2025-02-24 20:26:01 |
Czytaj oryginał (ang.) |
| Why Lumen Stock Fell Today After First Posting Big Gains |
Lumen (LUMN -0.64%) stock ended Friday's trading in the red despite posting big gains early in the session. The telecommunications company's share price ended the day down 0.5%, even though it had been up as much as 7.9%. |
fool.com |
2025-02-21 21:09:39 |
Czytaj oryginał (ang.) |
| Lumen Technologies to Attend Investor Conferences |
DENVER , Feb. 6, 2025 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will attend the following investor conferences: JP Morgan Global High Yield & Leveraged Finance Conference on February 25. Raymond James Annual Institutional Investors Conference on March 3. |
prnewswire.com |
2025-02-06 12:09:00 |
Czytaj oryginał (ang.) |
| Lumen Stock Rises on Better-Than-Expected Q4 Earnings |
LUMN's fourth-quarter revenue performance is affected by headwinds in the legacy business. Momentum in Quantum Fiber and PCF deals bodes well. |
zacks.com |
2025-02-05 18:01:14 |
Czytaj oryginał (ang.) |
| Why Lumen Technologies Is Sinking Today |
Shares of Lumen Technologies (LUMN -3.95%) are down Wednesday. The firm's stock lost 3.4% as of 1 p.m. |
fool.com |
2025-02-05 15:28:24 |
Czytaj oryginał (ang.) |
| Lumen Technologies Q4 Earnings Review: Long-Term Growth Reaffirmed |
Lumen Technologies exceeded Q4 earnings and revenue expectations. The company is positioned to disrupt the industry by "cloudifying telecom" and supporting the AI economy. Short-term challenges are expected as turnaround continues. |
seekingalpha.com |
2025-02-05 13:47:01 |
Czytaj oryginał (ang.) |
| Lumen Technologies, Inc. (LUMN) Q4 2024 Earnings Call Transcript |
Lumen Technologies, Inc. (NYSE:LUMN ) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - Chief Executive Officer Chris Stansbury - Chief Financial Officer Conference Call Participants Michael Rollins - Citi Sebastiano Petti - JPMorgan Batya Levi - UBS David Barden - Bank of America Jim Schneider - Goldman Sachs Jonathan Chaplin - New Street Research Nick Del Deo - MoffettNathanson Greg Williams - TD Cowen Frank Louthan - Raymond James Sam McHugh - BNP Paribas Operator Greetings everyone, and welcome to Lumen Technologies' Fourth Quarter and Full Year 2024 Earnings Call. During the presentation, all participants will be in a listen-only mode. |
seekingalpha.com |
2025-02-04 22:47:31 |
Czytaj oryginał (ang.) |
| Lumen (LUMN) Reports Q4 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-02-04 21:01:17 |
Czytaj oryginał (ang.) |
| Lumen (LUMN) Q4 Earnings and Revenues Top Estimates |
Lumen (LUMN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to earnings of $0.08 per share a year ago. |
zacks.com |
2025-02-04 20:16:08 |
Czytaj oryginał (ang.) |
| Lumen beats quarterly revenue estimates on data center demand |
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom. |
reuters.com |
2025-02-04 18:03:55 |
Czytaj oryginał (ang.) |
| Lumen Technologies reports fourth quarter and full year 2024 results |
DENVER , Feb. 4, 2025 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the fourth quarter ended December 31, 2024. Drove solid sales growth across enterprise in the fourth quarter and FY2024, bolstered by improved customer satisfaction scores in all four segments. |
prnewswire.com |
2025-02-04 18:01:00 |
Czytaj oryginał (ang.) |
| Lumen (LUMN) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures |
Beyond analysts' top -and-bottom-line estimates for Lumen (LUMN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024. |
zacks.com |
2025-02-03 12:21:20 |
Czytaj oryginał (ang.) |
| Lumen Set to Report Q4 Earnings: Here's What Investors Should Know |
LUMN's fourth-quarter performance is likely to have been affected by secular headwinds in legacy business. Increasing uptake of PCF solutions bodes well. |
zacks.com |
2025-01-31 11:40:29 |
Czytaj oryginał (ang.) |
| Lumen Technologies: The Turnaround Goes On Well |
Lumen Technologies' new management's AI-focused strategy and turnaround plan show promise, with a potential 70% upside, making LUMN a BUY. The company has faced significant financial losses due to previous management's strategic errors but is now improving free cash flow and reducing debt. Lumen's partnerships in AI and cybersecurity, along with fiber expansion, position it well for future growth despite industry competition. |
seekingalpha.com |
2025-01-30 06:39:46 |
Czytaj oryginał (ang.) |
| Why Lumen Technologies Is Soaring Today |
Shares of Lumen Technologies (LUMN 2.69%) are up Friday. The stock gained 3.8% as of 1:50 p.m. |
fool.com |
2025-01-24 16:36:05 |
Czytaj oryginał (ang.) |
| Why Lumen Technologies Stock Is Soaring Today |
Lumen Technologies (LUMN 6.30%) stock is seeing strong bullish momentum in Wednesday's trading. The telecommunications company's share price was up 6.3% as of 3:20 p.m. |
fool.com |
2025-01-22 17:49:11 |
Czytaj oryginał (ang.) |
| Lumen Technologies announces Q4 earnings release date |
DENVER , Jan. 14, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will publish its fourth-quarter financial results following market close on Feb. 4, 2025. A live broadcast of the earnings conference call will be available on the company's Investor Relations page at 5 p.m. |
prnewswire.com |
2025-01-14 18:00:00 |
Czytaj oryginał (ang.) |
| Lumen Reportedly Looking to Offload its Consumer Fiber Business |
Citing sources familiar with the matter, Reuters adds that LUMN has sought assistance from Goldman Sachs as the company looks to sell its consumer fiber unit. |
zacks.com |
2024-12-20 10:16:10 |
Czytaj oryginał (ang.) |
| Lumen Technologies launches sale of consumer fiber unit, sources say |
Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its sizable debt pile, according to people familiar with the matter. |
reuters.com |
2024-12-19 17:28:14 |
Czytaj oryginał (ang.) |
| Lumen & Prometheus Hyperscale Partner for Sustainable AI Data Centers |
LUMN and Prometheus Hyperscale collaborate to power sustainable AI data centers, advancing connectivity, scalability and renewable energy solutions. |
zacks.com |
2024-12-18 13:06:13 |
Czytaj oryginał (ang.) |
| Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers |
Lumen ® Private Connectivity Fabric℠ will expand Prometheus' network capacity across its growing data center footprint DENVER , Dec. 17, 2024 /PRNewswire/ -- Prometheus Hyperscale has chosen Lumen Technologies (NYSE: LUMN) to connect its energy-efficient data centers to meet growing AI data demands. Lumen network services will help Prometheus with the rapid growth in AI, big data, and cloud computing as they address the critical environmental challenges faced by the AI industry. |
prnewswire.com |
2024-12-17 10:40:00 |
Czytaj oryginał (ang.) |
| 3 Top Bargain Stocks Ready for a Bull Run |
With the S&P 500 and Nasdaq Composite hovering near their all-time highs, many investors might be reluctant to add new stocks to their portfolios. After all, Warren Buffett famously told investors to "be fearful when others are greedy and greedy when others are fearful," and a lot of greed is driving many stocks to historically high valuations. |
fool.com |
2024-12-14 11:30:00 |
Czytaj oryginał (ang.) |
| Lumen Surges 241% YTD: Will the Stock Sustain Momentum in 2025? |
Increasing opportunities driven by AI proliferation are emerging as a tailwind for LUMN. Debt-laden balance sheet and competition in the AI space are overhangs. |
zacks.com |
2024-12-11 11:05:19 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (Pbu/E) ratio, there are lingering concerns about the tech company’s future prospects. Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Recent Lumen Stock Updates and News 12/9/2024 Lumen Technologies is focusing heavily on AI and forging partnerships with major tech giants. The company’s recent Q3 earnings report sparked a significant rally, and its strong connectivity infrastructure positions it to capitalize on the increasing demand for AI-powered solutions. 12/5/2024 Lumen Technologies and Quantum Fiber have introduced a new internet plant called Simply Fiber. This new, low-cost plan offers speeds of up to 200 Mbps for just $30 per month, including free installation and 360 Wi-Fi for broader home coverage. 12/3/2024 Lumen received a positive outlook from Citigroup, which raised its target price from $6.50 to $8.00. Citigroup maintained a “Neutral” rating on the stock. 11/26/2024 Lumen and its subsidiary, Level Financing, have successfully completed their cash tender offers for unsecured 2028 Notes. The settlement for these tender offers is expected to be finalized by November 26, 2024. 11/22/2024 Lumen’s current P/S ratio of 0.6x is lower than the average P/S ratio for U.S. telecompanies, which is around 1.3x. 11/20/2024 Lumen’s stock continues to decline today, falling 3.10% during the afternoon trade. If it continues to fall, the stock may reach seven straight sessions of losses. 11/19/2024 Lumen’s stock declined 8.2% today, reaching a low of $7.42 during the trading session. Trading volume was also much lower than average, with only 3,415,937 shares changing hands, an 83% decrease from the average session volume. 11/18/2024 Analysts have given Lumen a consensus rating of “Reduce” based on an assessment from eight research firms. Three analysts recommend a “Sell” and five suggest a “Hold”. The average 12-month price target for the stock is $4.02. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -37.79% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than -38.84% downside potential over the next 12 months given the current price per share of $6.54. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -3.67%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -14.17%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 Cash Back Credit Cards Have Never Been This Good Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers. Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-12-11 05:58:49 |
Czytaj oryginał (ang.) |
| Lumen Technologies: Building The AI Backbone |
Lumen Technologies is executing a successful transformation, focusing on AI exposure and partnerships with tech giants. The Q3 earnings release catalyzed a mid-November rally, highlighting Lumen's $8 billion in Private Connectivity Fabric sales, primarily with hyper-scalers. Lumen's fair share price is $9.71, offering a 39% upside, driven by AI growth and strategic resource allocation despite Wall Street's pessimism. |
seekingalpha.com |
2024-12-09 11:30:00 |
Czytaj oryginał (ang.) |
| Why Is Lumen (LUMN) Down 27.1% Since Last Earnings Report? |
Lumen (LUMN) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-12-05 14:35:39 |
Czytaj oryginał (ang.) |
| Lumen Technologies, Inc. (LUMN) Bank of America Securities 2024 Leveraged Finance Conference (Transcript) |
Lumen Technologies, Inc. (NYSE:LUMN ) Bank of America Securities 2024 Leveraged Finance Conference Call December 3, 2024 10:10 AM ET Company Participants Chris Stansbury - Executive Vice President & Chief Financial Officer Conference Call Participants Ana Goshko - Bank of America Ana Goshko Joining us at the Bank of America Leverage Finance Conference. I'm Ana Goshko from the fixed income research side, I cover Telecom and Technology. |
seekingalpha.com |
2024-12-03 15:21:04 |
Czytaj oryginał (ang.) |
| Lumen price target raised to $8 from $6.50 at Citi |
Citi analyst Michael Rollins raised the firm's price target on Lumen to $8 from $6.50 and keeps a Neutral rating on the shares after having updated the firm's model incorporating Q3 results that were "generally mixed with respect to the operations." Optionality to monetize the mass market fiber opportunity has become more important to the national wireless carriers as they increasingly compete with converged mobile-plus-broadband bundles from cable competitors, the analyst tells investors. |
https://thefly.com |
2024-11-29 08:50:15 |
Czytaj oryginał (ang.) |
| Lumen Announces Expiration and Results of Any and All Cash Tender Offers for Unsecured 2028 Notes of Lumen and Level 3 |
DENVER , Nov. 26, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") announced today the expiration and results of the cash tender offers (the "Amended Offers") of Lumen and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. ("Level 3" and, together with Lumen, the "Offerors" and each, an "Offeror") to purchase any and all of their respective outstanding senior unsecured notes maturing in 2028 identified in the table below (collectively, the "2028 Notes") pursuant to the terms and subject to the conditions set forth in an Offer to Purchase, dated November 12, 2024, as amended by the Company's press release dated November 19, 2024 (collectively, as so amended, the "Offer to Purchase"). The Amended Offers expired at 5:00 p.m. |
prnewswire.com |
2024-11-26 10:45:00 |
Czytaj oryginał (ang.) |
| Lumen Announces (1) Expiration and Results of Certain Previously-Announced Cash Tender Offers of Lumen and Level 3 and (2) Amendments to the Remaining Previously-Announced Cash Tender Offers to Increase the Tender Consideration and Extend the Expiration Time |
Results are set forth below for (i) Lumen's tender offers for its unsecured senior notes maturing in 2025, 2026 and 2027 and (ii) Level 3's tender offers for its unsecured senior notes maturing in 2027 Amended terms are set forth below for (i) Lumen's tender offer for its unsecured senior notes maturing in 2028 and (ii) Level 3's tender offer for its unsecured senior notes maturing in 2028 DENVER , Nov. 19, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") announced today (1) the expiration and results of certain of the previously-announced cash tender offers (each, an "Expired Offer" and collectively, the "Expired Offers") of it and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. ("Level 3" and, together with Lumen, the "Offerors"), and (2) amendments to increase the tender offer consideration for each Offeror's outstanding unsecured notes maturing in 2028 and extend the Expiration Time for the Amended Offers (as defined below) (collectively, with the Expired Offers, the "Offers"). Results of Below-Specified Expired Cash Tender Offers The Offers of Lumen and Level 3 to purchase any and all of their respective outstanding unsecured notes identified in the table below (collectively, the "Expired Offer Notes") pursuant to the terms and subject to the conditions set forth in an Offer to Purchase, including the related Notice of Guaranteed Delivery attached as Appendix A thereto (the "Notice of Guaranteed Delivery"), dated November 12, 2024 (collectively, as amended by this press release, the "Offer to Purchase") expired at 5:00 p.m. |
prnewswire.com |
2024-11-19 10:55:00 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (Pbu/E) ratio, there are lingering concerns about the tech company’s future prospects. Founded in 1968, Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a mega trend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Recent Lumen Stock Updates and News 11/18/2024 Analysts have given Lumen a consensus rating of “Reduce” based on an assessment from eight research firms. Three analysts recommend a “Sell” and five suggest a “Hold”. The average 12-month price target for the stock is $4.02. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -25.48% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than 53.33% downside potential over the next 12 months given the current price per share of $8.57. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -26.49%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation. A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes. Have questions about retirement or personal finance? Email us at Retire@247wallst.com! By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on 247wallst.com. By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-11-19 06:01:43 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (P/E) ratio, there are lingering concerns about the tech company’s future prospects. Founded in 1968, Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a mega trend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -22.43% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than 55.41% downside potential over the next 12 months given the current price per share of $8.97. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -29.77%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation. A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes. Have questions about retirement or personal finance? Email us at Retire@247wallst.com! By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on 247wallst.com. By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-11-15 01:19:47 |
Czytaj oryginał (ang.) |
| Lumen Technologies to Present at BofA 2024 Leveraged Finance Conference |
DENVER , Nov. 13, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Chris Stansbury, Lumen's executive vice president and chief financial officer will present at the BofA 2024 Leveraged Finance Conference on December 3, 2024. The presentation is scheduled to begin at 10:10 a.m. |
prnewswire.com |
2024-11-13 18:15:00 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (P/E) ratio, there are lingering concerns about the tech company’s future prospects. Founded in 1968, Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a mega trend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -11.69% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than 60.51% downside potential over the next 12 months given the current price per share of $10.13. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation. A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes. Have questions about retirement or personal finance? Email us at Retire@247wallst.com! By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on 247wallst.com. By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-11-12 23:04:59 |
Czytaj oryginał (ang.) |
| Why Lumen Technologies Stock Is Sinking Today |
Lumen is making moves to reduce its debt. So why are investors bailing on the stock? |
fool.com |
2024-11-12 17:32:58 |
Czytaj oryginał (ang.) |
| Lumen Announces Any and All Cash Tender Offers for Unsecured Notes of Lumen and Level 3 |
DENVER , Nov. 12, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. ("Level 3") have commenced cash tender offers (each, an "Offer" and collectively, the "Offers") to purchase any and all of their respective outstanding notes identified in the table below (collectively, the "Notes"). The Offers are being made by Lumen and Level 3 (each, an "Offeror" and, collectively, the "Offerors") on the terms and subject to the conditions set forth in an Offer to Purchase, including the related Notice of Guaranteed Delivery attached as Appendix A thereto (the "Notice of Guaranteed Delivery"), dated November 12, 2024 (collectively, the "Offer to Purchase"). |
prnewswire.com |
2024-11-12 11:00:00 |
Czytaj oryginał (ang.) |
| 3 Artificial Intelligence (AI) Stocks That Could Go Parabolic |
Innodata, MicroStrategy, and Lumen could skyrocket in the near future. |
fool.com |
2024-11-09 11:28:06 |
Czytaj oryginał (ang.) |