Lumen Technologies Inc (NYSE:LUMN) Is Down -13.78 Percent Over The Past 30 Days: What’s Next?

In last trading session, Lumen Technologies Inc (NYSE:LUMN) saw 9.49 million shares changing hands with its beta currently measuring 1.27. Company’s recent per share price level of $4.88 trading at -$0.05 or -1.01% at ring of the bell on the day assigns it a market valuation of $4.95B. That closing price of LUMN’s stock is at a discount of -111.68% from its 52-week high price of $10.33 and is indicating a premium of 80.12% from its 52-week low price of $0.97.

For Lumen Technologies Inc (LUMN), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 7 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.24 in the current quarter.

Lumen Technologies Inc (NYSE:LUMN) trade information

Upright in the red during last session for losing -1.01%, in the last five days LUMN remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $4.88 price level, adding 2.4% to its value on the day. Lumen Technologies Inc’s shares saw a change of -8.10% in year-to-date performance and have moved 1.04% in past 5-day. Lumen Technologies Inc (NYSE:LUMN) showed a performance of -13.78% in past 30-days.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a fall of -22.0% to its current value. Analysts have been projecting 3.15 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 35.45% in reaching the projected high whereas dropping to the targeted low would mean a gain of 35.45% for stock’s current value.

Lumen Technologies Inc (LUMN) estimates and forecasts

This year revenue growth is estimated to fall -5.61% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.14B for the same. And 8 analysts are in estimates of company making revenue of 3.1B in the next quarter. Company posted 3.29B and 3.27B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 59.19% during past 5 years.

Lumen Technologies Inc (NYSE:LUMN)’s Major holders

BLACKROCK INC. is the top institutional holder at LUMN for having 148.83 million shares of worth $163.72 million. And as of 2024-06-30, it was holding 15.1122 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 118.12 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.9933 of outstanding shares, having a total worth of $129.93 million.

On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 47.06 shares of worth $229.66 million or 4.64% of the total outstanding shares. The later fund manager was in possession of 32.07 shares on Sep 30, 2024 , making its stake of worth around $156.51 million in the company or a holder of 3.16% of company’s stock.