Lumen (LUMN) Stock Forecast, Price Target & Predictions
LUMN Stock Forecast
Lumen stock forecast is as follows: an average price target of $5.63 (represents a -24.73% downside from LUMN’s last price of $7.48) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
LUMN Price Target
The average price target for Lumen (LUMN) is $5.63 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $3.15. This represents a potential -24.73% downside from LUMN's last price of $7.48.
LUMN Analyst Ratings
According to 9 Wall Street analysts, Lumen's rating consensus is 'Hold'. The analyst rating breakdown for LUMN stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 5 'Hold' (55.56%), 4 'Sell' (44.44%), and 0 'Strong Sell' (0.00%).
Lumen Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Eric Luebchow | Wells Fargo | $4.00 | $5.71 | -29.95% | -46.52% |
| Aug 07, 2024 | Gregory Williams | Williams Trading | $7.00 | $6.63 | 5.58% | -6.42% |
| Aug 07, 2024 | James Schneider | Goldman Sachs | $4.00 | $6.63 | -39.67% | -46.52% |
| Aug 06, 2024 | Michael Rollins | Citigroup | $3.15 | $2.59 | 21.62% | -57.89% |
| Jul 01, 2024 | James Schneider | Goldman Sachs | $1.00 | $1.10 | -9.09% | -86.63% |
| Feb 08, 2023 | - | Goldman Sachs | $4.00 | $3.88 | 2.96% | -46.52% |
| Feb 08, 2023 | - | Citigroup | $3.50 | $4.99 | -29.86% | -53.21% |
| Feb 01, 2023 | - | Citigroup | $6.25 | $5.42 | 15.42% | -16.44% |
| Dec 06, 2022 | Brett Feldman | Goldman Sachs | $6.00 | $5.20 | 15.38% | -19.79% |
| May 05, 2022 | Gregory Williams | Williams Trading | $12.00 | $10.70 | 12.20% | 60.43% |
The latest Lumen stock forecast, released on Aug 16, 2024 by Eric Luebchow from Wells Fargo, set a price target of $4.00, which represents a -29.95% decrease from the stock price at the time of the forecast ($5.71), and a -46.52% decrease from LUMN last price ($7.48).
Lumen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 5 |
| Avg Price Target | - | $4.54 | $3.83 |
| Last Closing Price | $7.48 | $7.48 | $7.48 |
| Upside/Downside | -100.00% | -39.30% | -48.80% |
In the current month, the average price target of Lumen stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lumen's last price of $7.48. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Raymond James | Market Perform | Market Perform | Hold |
| Aug 16, 2024 | Wells Fargo | Buy | Underweight | Downgrade |
| Aug 07, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 07, 2024 | MoffettNathanson | Sell | Sell | Hold |
| Aug 07, 2024 | Goldman Sachs | Sell | Neutral | Upgrade |
| Aug 06, 2024 | Citigroup | Neutral | Reduce | Upgrade |
| Jul 01, 2024 | Goldman Sachs | Neutral | Sell | Initialise |
| Sep 05, 2023 | Morgan Stanley | Underweight | Underweight | Hold |
| Jun 06, 2023 | Raymond James | - | Market Perform | Upgrade |
| Feb 08, 2023 | Goldman Sachs | Neutral | Neutral | Hold |
Lumen's last stock rating was published by Raymond James on Oct 21, 2024. The company gave LUMN a "Market Perform" rating, the same as its previous rate.
Lumen Financial Forecast
Lumen Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.64B | $3.66B | $3.74B | $3.80B | $4.39B | $4.61B | $4.68B | $4.85B | $4.89B | $4.92B | $5.03B | $5.13B | $5.17B | $5.19B | $5.23B | $5.57B | $5.61B |
| Avg Forecast | $3.11B | $3.11B | $3.05B | $3.06B | $3.04B | $3.07B | $3.12B | $3.14B | $3.18B | $3.21B | $3.25B | $3.38B | $3.45B | $3.61B | $3.67B | $3.73B | $3.78B | $4.41B | $4.58B | $4.67B | $4.86B | $4.90B | $4.99B | $5.06B | $5.12B | $5.14B | $5.14B | $5.43B | $5.55B | $5.54B |
| High Forecast | $3.11B | $3.11B | $3.05B | $3.06B | $3.04B | $3.07B | $3.12B | $3.14B | $3.18B | $3.24B | $3.25B | $3.38B | $3.46B | $3.62B | $3.67B | $3.73B | $3.78B | $4.41B | $4.58B | $4.67B | $4.86B | $4.90B | $4.99B | $5.06B | $5.12B | $5.14B | $5.14B | $5.43B | $5.55B | $5.54B |
| Low Forecast | $3.11B | $3.11B | $3.05B | $3.06B | $3.04B | $3.07B | $3.12B | $3.14B | $3.18B | $3.18B | $3.25B | $3.38B | $3.43B | $3.59B | $3.67B | $3.73B | $3.78B | $4.41B | $4.58B | $4.67B | $4.86B | $4.90B | $4.99B | $5.06B | $5.12B | $5.14B | $5.14B | $5.43B | $5.55B | $5.54B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.00% | 1.01% | 1.00% | 1.01% | 1.00% | 1.00% | 1.00% | 0.99% | 0.99% | 1.00% | 1.01% | 1.01% | 0.96% | 1.00% | 1.01% |
Lumen's average Quarter revenue forecast for Dec 23 based on 4 analysts is $3.45B, with a low forecast of $3.43B, and a high forecast of $3.46B. LUMN's average Quarter revenue forecast represents a -5.17% decrease compared to the company's last Quarter revenue of $3.64B (Sep 23).
Lumen EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.47B | $-7.24B | $1.16B | $1.69B | $1.51B | $1.77B | $1.91B | $1.79B | $2.06B | $2.10B | $2.17B | $2.02B | $2.08B | $2.09B | $2.04B | $2.04B | $2.14B |
| Avg Forecast | $1.17B | $1.17B | $1.14B | $1.15B | $1.14B | $1.15B | $1.17B | $1.18B | $1.20B | $1.21B | $1.22B | $1.64B | $1.30B | $1.35B | $1.38B | $1.49B | $-298.63M | $1.65B | $1.72B | $1.18B | $1.83B | $1.84B | $1.87B | $2.01B | $1.92B | $1.93B | $1.93B | $1.93B | $2.08B | $2.08B |
| High Forecast | $1.17B | $1.17B | $1.14B | $1.15B | $1.14B | $1.15B | $1.17B | $1.18B | $1.20B | $1.22B | $1.22B | $1.96B | $1.30B | $1.36B | $1.38B | $1.79B | $-238.90M | $1.65B | $1.72B | $1.41B | $1.83B | $1.84B | $1.87B | $2.41B | $1.92B | $1.93B | $1.93B | $2.31B | $2.08B | $2.08B |
| Low Forecast | $1.17B | $1.17B | $1.14B | $1.15B | $1.14B | $1.15B | $1.17B | $1.18B | $1.20B | $1.19B | $1.22B | $1.31B | $1.29B | $1.35B | $1.38B | $1.19B | $-358.35M | $1.65B | $1.72B | $941.28M | $1.83B | $1.84B | $1.87B | $1.61B | $1.92B | $1.93B | $1.93B | $1.54B | $2.08B | $2.08B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | -5.26% | 0.78% | -5.64% | 0.92% | 1.03% | 1.62% | 0.98% | 1.12% | 1.12% | 1.08% | 1.05% | 1.08% | 1.08% | 1.06% | 0.98% | 1.03% |
4 analysts predict LUMN's average Quarter EBITDA for Dec 23 to be $1.30B, with a high of $1.30B and a low of $1.29B. This is -11.82% lower than Lumen's previous annual EBITDA (Sep 23) of $1.47B.
Lumen Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-78.00M | $-8.74B | $511.00M | $-3.07B | $578.00M | $344.00M | $599.00M | $508.00M | $544.00M | $506.00M | $475.00M | $-2.29B | $366.00M | $377.00M | $314.00M | $223.00M | $302.00M |
| Avg Forecast | - | - | - | - | $-101.19M | $-118.47M | $-123.40M | $-115.18M | $-77.34M | $-88.49M | $-51.95M | $500.11M | $-13.14M | $47.74M | $75.82M | $454.64M | $-1.11B | $356.63M | $451.46M | $359.40M | $533.09M | $370.95M | $408.60M | $440.24M | $288.71M | $296.73M | $312.75M | $296.06M | $322.55M | $325.43M |
| High Forecast | - | - | - | - | $-101.19M | $-118.47M | $-123.40M | $-115.18M | $-77.34M | $-88.49M | $-51.95M | $600.13M | $-8.76M | $79.57M | $75.82M | $545.57M | $-886.30M | $356.63M | $451.46M | $431.28M | $533.09M | $370.95M | $408.60M | $528.29M | $288.71M | $296.73M | $312.75M | $355.27M | $322.55M | $325.43M |
| Low Forecast | - | - | - | - | $-101.19M | $-118.47M | $-123.40M | $-115.18M | $-77.34M | $-88.49M | $-51.95M | $400.08M | $-17.51M | $23.87M | $75.82M | $363.71M | $-1.33B | $356.63M | $451.46M | $287.52M | $533.09M | $370.95M | $408.60M | $352.20M | $288.71M | $296.73M | $312.75M | $236.85M | $322.55M | $325.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.63% | -115.22% | 1.12% | 2.77% | 1.62% | 0.76% | 1.67% | 0.95% | 1.47% | 1.24% | 1.08% | -7.93% | 1.23% | 1.21% | 1.06% | 0.69% | 0.93% |
Lumen's average Quarter net income forecast for Jun 23 is $75.82M, with a range of $75.82M to $75.82M. LUMN's average Quarter net income forecast represents a -85.16% decrease compared to the company's last Quarter net income of $511.00M (Mar 23).
Lumen SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $791.00M | $790.00M | $721.00M | $671.00M | $792.00M | $815.00M | $800.00M | $723.00M | $654.00M | $762.00M | $756.00M | $866.00M | $850.00M | $895.00M | $853.00M | $992.00M | $831.00M |
| Avg Forecast | $545.22M | $545.29M | $534.14M | $535.42M | $532.00M | $537.32M | $545.81M | $550.15M | $557.93M | $562.71M | $568.57M | $667.92M | $604.87M | $632.10M | $642.16M | $607.20M | $419.14M | $772.25M | $801.73M | $480.00M | $851.65M | $857.57M | $873.96M | $700.68M | $896.31M | $900.13M | $899.85M | $804.26M | $971.93M | $970.29M |
| High Forecast | $545.22M | $545.29M | $534.14M | $535.42M | $532.00M | $537.32M | $545.81M | $550.15M | $557.93M | $567.99M | $568.57M | $801.50M | $606.63M | $634.90M | $642.16M | $728.64M | $502.97M | $772.25M | $801.73M | $576.00M | $851.65M | $857.57M | $873.96M | $840.82M | $896.31M | $900.13M | $899.85M | $965.11M | $971.93M | $970.29M |
| Low Forecast | $545.22M | $545.29M | $534.14M | $535.42M | $532.00M | $537.32M | $545.81M | $550.15M | $557.93M | $557.44M | $568.57M | $534.34M | $601.36M | $629.32M | $642.16M | $485.76M | $335.32M | $772.25M | $801.73M | $384.00M | $851.65M | $857.57M | $873.96M | $560.55M | $896.31M | $900.13M | $899.85M | $643.41M | $971.93M | $970.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.23% | 1.19% | 1.60% | 1.03% | 1.02% | 1.67% | 0.85% | 0.76% | 0.87% | 1.08% | 0.97% | 0.94% | 0.99% | 1.06% | 1.02% | 0.86% |
Lumen's average Quarter SG&A projection for Dec 23 is $604.87M, based on 4 Wall Street analysts, with a range of $601.36M to $606.63M. The forecast indicates a -23.53% fall compared to LUMN last annual SG&A of $791.00M (Sep 23).
Lumen EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.08 | $-0.01 | $0.52 | $-3.08 | $0.57 | $0.34 | $0.59 | $0.50 | $0.51 | $0.47 | $0.44 | $-2.12 | $0.34 | $0.35 | $0.29 | $0.21 | $0.28 |
| Avg Forecast | - | - | - | - | $-0.10 | $-0.12 | $-0.13 | $-0.12 | $-0.08 | $-0.09 | $-0.05 | $0.02 | $-0.01 | $0.05 | $0.08 | $0.11 | $0.23 | $0.36 | $0.46 | $0.46 | $0.54 | $0.38 | $0.41 | $0.41 | $0.29 | $0.30 | $0.32 | $0.35 | $0.33 | $0.33 |
| High Forecast | - | - | - | - | $-0.10 | $-0.12 | $-0.13 | $-0.12 | $-0.08 | $-0.09 | $-0.05 | $0.02 | $-0.01 | $0.08 | $0.08 | $0.11 | $0.23 | $0.36 | $0.46 | $0.46 | $0.54 | $0.38 | $0.41 | $0.41 | $0.29 | $0.30 | $0.32 | $0.35 | $0.33 | $0.33 |
| Low Forecast | - | - | - | - | $-0.10 | $-0.12 | $-0.13 | $-0.12 | $-0.08 | $-0.09 | $-0.05 | $0.02 | $-0.02 | $0.02 | $0.08 | $0.11 | $0.23 | $0.36 | $0.46 | $0.46 | $0.54 | $0.38 | $0.41 | $0.41 | $0.29 | $0.30 | $0.32 | $0.35 | $0.33 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.64% | -0.12% | 4.93% | -13.64% | 1.58% | 0.74% | 1.29% | 0.93% | 1.36% | 1.14% | 1.08% | -7.25% | 1.13% | 1.10% | 0.84% | 0.64% | 0.85% |
According to 5 Wall Street analysts, Lumen's projected average Quarter EPS for Jun 23 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a -85.23% decrease compared to LUMN previous annual EPS of $0.52 (Mar 23).
Lumen Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CHTR | Charter Communications | $375.83 | $520.08 | 38.38% | Hold |
| CMCSA | Comcast | $42.53 | $53.14 | 24.95% | Buy |
| VZ | Verizon Communications | $41.06 | $49.95 | 21.65% | Buy |
| T | AT&T | $21.92 | $26.05 | 18.84% | Buy |
| ORAN | Orange | $11.15 | $13.00 | 16.59% | Buy |
| TMUS | T-Mobile US | $224.25 | $200.00 | -10.81% | Buy |
| LUMN | Lumen | $7.48 | $5.63 | -24.73% | Hold |
LUMN Forecast FAQ
Is Lumen a good buy?
No, according to 9 Wall Street analysts, Lumen (LUMN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of LUMN's total ratings.
What is LUMN's price target?
Lumen (LUMN) average price target is $5.63 with a range of $3.15 to $10, implying a -24.73% from its last price of $7.48. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lumen stock go up soon?
According to Wall Street analysts' prediction for LUMN stock, the company can go down by -24.73% (from the last price of $7.48 to the average price target of $5.63), up by 33.69% based on the highest stock price target, and down by -57.89% based on the lowest stock price target.
Can Lumen stock reach $11?
LUMN's average twelve months analyst stock price target of $5.63 does not support the claim that Lumen can reach $11 in the near future.
What are Lumen's analysts' financial forecasts?
Lumen's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.36B (high $12.36B, low $12.36B), average EBITDA is $4.64B (high $4.64B, low $4.64B), average net income is $-458M (high $-458M, low $-458M), average SG&A $2.17B (high $2.17B, low $2.17B), and average EPS is $-0.464 (high $-0.464, low $-0.464). LUMN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $12.33B (high $12.33B, low $12.33B), average EBITDA is $4.63B (high $4.63B, low $4.63B), average net income is $0 (high $0, low $0), average SG&A $2.16B (high $2.16B, low $2.16B), and average EPS is $0 (high $0, low $0).
Did the LUMN's actual financial results beat the analysts' financial forecasts?
Based on Lumen's last annual report (Dec 2023), the company's revenue was $3.52B, which missed the average analysts forecast of $14.46B by -75.68%. Apple's EBITDA was $-401M, missing the average prediction of $5.52B by -107.27%. The company's net income was $-1.995B, missing the average estimation of $565.06M by -453.06%. Apple's SG&A was $896M, missing the average forecast of $2.49B by -63.96%. Lastly, the company's EPS was $-2.03, missing the average prediction of $0.217 by -1034.15%. In terms of the last quarterly report (Sep 2023), Lumen's revenue was $3.64B, beating the average analysts' forecast of $3.61B by 0.91%. The company's EBITDA was $1.47B, beating the average prediction of $1.35B by 8.51%. Lumen's net income was $-78M, missing the average estimation of $47.74M by -263.39%. The company's SG&A was $791M, beating the average forecast of $632.1M by 25.14%. Lastly, the company's EPS was $-0.0793, missing the average prediction of $0.0484 by -263.99%