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Lumen Technologies (LUMN) Stock Forecast & Price Target

$1.03
-0.01 (-0.96%)
(As of 09:06 AM ET)
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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

Reduce
Based on 4 Analyst Ratings

Consensus Price Target

$1.64
58.98% Upside
High Forecast$2.25
Average Forecast$1.64
Low Forecast$1.00
TypeCurrent Forecast
7/9/23 to 7/8/24		1 Month Ago
6/9/23 to 6/8/24		3 Months Ago
4/10/23 to 4/9/24		1 Year Ago
7/9/22 to 7/9/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
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
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$1.64$1.76$1.81$5.11
Forecasted Upside58.98% Upside27.48% Upside22.02% Upside-7.91% Downside

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
1.50
2.64
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside58.98% Upside154.81% Upside12.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		J. Schneider
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoverageSell$1.00-9.09%
11/2/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral ➝ Neutral$2.50 ➝ $1.50+41.51%
9/5/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetUnderweight ➝ Underweight$2.50 ➝ $1.80+19.86%
8/17/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetSector Perform ➝ Sector Perform$2.75 ➝ $2.25+31.20%
6/6/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeUnderperform ➝ Market Perform
5/4/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$4.00 ➝ $2.00-12.66%
2/8/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeNeutral ➝ Sell$6.25 ➝ $3.50-29.86%
11/3/2022JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetUnderweight$10.00 ➝ $7.00+18.85%
10/5/2022Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOverweight ➝ Equal Weight$8.00-0.50%
9/29/2022Moffett Nathanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$6.00-18.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 09:30 AM ET.

LUMN Forecast - Frequently Asked Questions

What is Lumen Technologies' forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Lumen Technologies is $1.64, with a high forecast of $2.25 and a low forecast of $1.00.

Should I buy or sell Lumen Technologies stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lumen Technologies in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" LUMN shares.

Does Lumen Technologies's stock price have much upside?

According to analysts, Lumen Technologies's stock has a predicted upside of 21.82% based on their 12-month stock forecasts.

What analysts cover Lumen Technologies?

Lumen Technologies has been rated by research analysts at The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like Lumen Technologies more than its competitors?

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.


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This page (NYSE:LUMN) was last updated on 7/8/2024 by MarketBeat.com Staff

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