Lumen Technologies (NYSE:LUMN – Get Free Report) is projected to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Lumen Technologies to post earnings of ($0.2319) per share and revenue of $2.73 billion for the quarter. Individuals can check 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 posted its quarterly earnings data 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 company 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 firm posted ($0.03) earnings per share. The business’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 Performance
NYSE LUMN opened at $4.69 on Wednesday. Lumen Technologies has a 52-week low of $4.25 and a 52-week high of $11.95. The company has a fifty day moving average of $5.81 and a 200-day moving average of $7.29. The company has a market capitalization of $4.84 billion, a P/E ratio of -4.60 and a beta of 1.84.
Insider Buying and Selling
In other Lumen Technologies news, CEO Kathleen Johnson bought 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were bought at an average price of $6.13 per share, for a total transaction of $613,000.00. Following the transaction, the chief executive officer directly owned 100,000 shares in the company, valued at $613,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.30% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Lumen Technologies from a “sell” rating to a “hold” rating in a research report on Sunday, August 9th. The Goldman Sachs Group cut their price objective on Lumen Technologies from $8.50 to $7.25 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Citigroup reduced their price objective on Lumen Technologies from $10.00 to $8.25 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lumen Technologies in a report on Friday, July 17th. Finally, Wells Fargo & Company dropped 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. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lumen Technologies currently has an average rating of “Reduce” and an average price target of $7.86.
Check Out Our Latest Report on LUMN
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
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
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.
