Lumen Technologies Inc has a consensus price target of $4.32 based on the ratings of 13 analysts. The high is $8 issued by Citigroup on November 29, 2024. The low is $1.5 issued by Goldman Sachs on November 10, 2023. The 3 most-recent analyst ratings were released by RBC Capital, Citigroup, and TD Cowen on December 20, 2024, November 29, 2024, and November 6, 2024, respectively. With an average price target of $6.08 between RBC Capital, Citigroup, and TD Cowen, there's an implied 3.81% upside for Lumen Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lumen Technologies (NYSE:LUMN) was reported by RBC Capital on December 20, 2024. The analyst firm set a price target for $4.25 expecting LUMN to fall to within 12 months (a possible -27.47% downside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Lumen Technologies (NYSE:LUMN) was provided by RBC Capital, and Lumen Technologies reiterated their sector perform rating.
The last upgrade for Lumen Technologies Inc happened on August 7, 2024 when JP Morgan raised their price target to N/A. JP Morgan previously had an underweight for Lumen Technologies Inc.
The last downgrade for Lumen Technologies Inc happened on August 16, 2024 when Wells Fargo changed their price target from $1.75 to $4 for Lumen Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lumen Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lumen Technologies was filed on December 20, 2024 so you should expect the next rating to be made available sometime around December 20, 2025.
While ratings are subjective and will change, the latest Lumen Technologies (LUMN) rating was a reiterated with a price target of $4.00 to $4.25. The current price Lumen Technologies (LUMN) is trading at is $5.86, which is out of the analyst’s predicted range.
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