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Lumen Technologies (LUMN) Stock Forecast & Price Target

Lumen Technologies logo
$8.88 -0.35 (-3.79%)
(As of 11/13/2024 ET)

Lumen Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
3
Hold
5
Buy
0

Based on 8 Wall Street analysts who have issued ratings for Lumen Technologies in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 3 have given a sell rating, and 5 have given a hold rating for LUMN.

Consensus Price Target

$4.02
-54.74% Downside
According to the 8 analysts' twelve-month price targets for Lumen Technologies, the average price target is $4.02. The highest price target for LUMN is $6.00, while the lowest price target for LUMN is $2.00. The average price target represents a forecasted downside of -54.74% from the current price of $8.89.
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LUMN Analyst Ratings Over Time

TypeCurrent Forecast
11/14/23 to 11/13/24
1 Month Ago
10/15/23 to 10/14/24
3 Months Ago
8/16/23 to 8/15/24
1 Year Ago
11/14/22 to 11/14/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$4.02$4.09$3.53$2.09
Forecasted Upside-54.74% Downside-32.68% Downside-38.32% Downside60.90% Upside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

LUMN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LUMN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lumen Technologies Stock vs. The Competition

TypeLumen TechnologiesBusiness Services CompaniesS&P 500
Consensus Rating Score
1.63
2.68
2.50
Consensus RatingReduceModerate BuyHold
Predicted Upside-54.74% Downside339.26% Upside8.03% Upside
News Sentiment Rating
Neutral News

See Recent LUMN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/6/2024TD Cowen
4 of 5 stars
 Lower TargetHold ➝ Hold$7.00 ➝ $6.00-31.82%
11/6/2024The Goldman Sachs Group
2 of 5 stars
J. Schneider
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Boost TargetNeutral ➝ Neutral$4.50 ➝ $5.00-40.97%
8/16/2024Wells Fargo & Company
3 of 5 stars
E. Luebchow
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DowngradeEqual Weight ➝ Underweight$1.75 ➝ $4.00-30.01%
8/8/2024Bank of America
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 Boost TargetUnderperform ➝ Underperform$1.00 ➝ $2.00-61.32%
8/7/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$1.50 ➝ $5.00-23.78%
8/7/2024Moffett Nathanson
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 Boost TargetSell ➝ Sell$1.00 ➝ $3.00-39.94%
8/7/2024JPMorgan Chase & Co.
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 UpgradeUnderweight ➝ Neutral
8/6/2024Citigroup
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M. Rollins
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UpgradeSell ➝ Neutral$1.25 ➝ $3.15+21.62%
9/5/2023Morgan Stanley
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 Lower TargetUnderweight ➝ Underweight$2.50 ➝ $1.80+19.86%
8/17/2023Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$2.75 ➝ $2.25+31.20%
6/6/2023Raymond James
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 UpgradeUnderperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:41 PM ET.


LUMN Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Lumen Technologies is $4.02, with a high forecast of $6.00 and a low forecast of $2.00.

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lumen Technologies in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" LUMN shares.

According to analysts, Lumen Technologies's stock has a predicted downside of -54.74% based on their 12-month stock forecasts.

Over the previous 90 days, Lumen Technologies's stock had 1 downgrade by analysts.

Lumen Technologies has been rated by research analysts at TD Cowen, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Analysts like Lumen Technologies less than other "business services" companies. The consensus rating for Lumen Technologies is Reduce while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how LUMN compares to other companies.


This page (NYSE:LUMN) was last updated on 11/13/2024 by MarketBeat.com Staff
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