Lumen Technologies, Inc. (LUMN)

US — Communication Services Sector
Peers: TIMB  FYBR  KT  LBRDA  TIGO  SKM  SNAP  PSKY 

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News

Lumen's stock got little love from Wall Street analysts. That's now changing.
LUMN
Published: February 26, 2025 by: Market Watch
Sentiment: Positive

Lumen's stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.

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image for news Lumen's stock got little love from Wall Street analysts. That's now changing.
Why Lumen Stock Jumped Today
LUMN
Published: February 25, 2025 by: The Motley Fool
Sentiment: Neutral

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.

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image for news Why Lumen Stock Jumped Today

About Lumen Technologies, Inc. (LUMN)

  • IPO Date 1980-03-17
  • Website https://www.lumen.com
  • Industry Telecommunications Services
  • CEO Kathleen E. Johnson
  • Employees 24000

Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed security services; and IP and data services, including VPN data network, Ethernet, internet protocol (IP), and voice over internet protocol. The company also provides fiber infrastructure services comprising high bandwidth optical wavelength networks; and unlit optical fiber and related professional services. In addition, it offers voice and other services, including private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; a portfolio of traditional time division multiplexing voice services; and synchronous optical network-based Ethernet, legacy data hosting services, and conferencing services. As of December 31, 2021, the company served approximately 4.5 million broadband subscribers. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.