Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated services and solutions under CenturyLink name to business and residential customers in the United States and internationally. The company operates through five segments: International and Global Accounts Management, Enterprise, Small and Medium Business, Wholesale, and Consumer. It offers IP and data services, including VPN data network, Ethernet, internet protocol (IP), and content delivery services. The company also offers transport and infrastructure services comprising high bandwidth optical networks; unlit optical fiber networks, and related professional and management services; private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; colocation and data center services; and consulting services, which include network management, installation and maintenance of data equipment, and building of proprietary fiber-optic broadband networks for government and business customers. In addition, the company provides voice and collaboration services, including primary rate interface service, local inbound service, switched one-plus, toll free, long distance, and international services; and voice over internet protocol services. Further, it offers IT and managed service that include network, hosting, public and private cloud, and other IT services, as well as intuitive management tools. Additionally, the company is involved in leasing and subleasing of space. As of December 31, 2020, it served approximately 4.5 million broadband subscribers. The company was formerly knowen 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.
IPO Year:
Exchange: NYSE
Website: lumen.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/4/2026 | Outperform → Mkt Perform | Raymond James | |
| 10/31/2025 | $11.00 | Buy → Neutral | Citigroup |
| 9/2/2025 | $4.09 | Neutral | Goldman |
| 5/5/2025 | $4.50 | Mkt Perform → Outperform | Raymond James |
| 2/26/2025 | $8.00 → $6.50 | Neutral → Buy | Citigroup |
| 2/21/2025 | $5.00 | Underweight → Equal Weight | Wells Fargo |
| 8/16/2024 | $1.75 → $4.00 | Equal Weight → Underweight | Wells Fargo |
| 8/7/2024 | $1.00 → $4.00 | Sell → Neutral | Goldman |
| 8/7/2024 | Underweight → Neutral | JP Morgan | |
| 8/6/2024 | $1.25 → $3.15 | Sell → Neutral | Citigroup |
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Raymond James downgraded Lumen Technologies from Outperform to Mkt Perform
Citigroup downgraded Lumen Technologies from Buy to Neutral and set a new price target of $11.00
Goldman resumed coverage of Lumen Technologies with a rating of Neutral and set a new price target of $4.10
Raymond James upgraded Lumen Technologies from Mkt Perform to Outperform and set a new price target of $4.50
Citigroup upgraded Lumen Technologies from Neutral to Buy and set a new price target of $6.50 from $8.00 previously
Wells Fargo upgraded Lumen Technologies from Underweight to Equal Weight and set a new price target of $5.00
Wells Fargo downgraded Lumen Technologies from Equal Weight to Underweight and set a new price target of $4.00 from $1.75 previously
Goldman upgraded Lumen Technologies from Sell to Neutral and set a new price target of $4.00 from $1.00 previously
JP Morgan upgraded Lumen Technologies from Underweight to Neutral
Citigroup upgraded Lumen Technologies from Sell to Neutral and set a new price target of $3.15 from $1.25 previously
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4 - Lumen Technologies, Inc. (0000018926) (Issuer)
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3 - Lumen Technologies, Inc. (0000018926) (Issuer)
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
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NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, Feb. 26, 2026 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Laura Diorio delivers the pre-market update on February 26thStocks are little changed early Thursday after Nvidia reported earnings after the close on Wednesday, beating estimates on the top and bottom lines.Burker King has unveiled its AI-powered BK assistant solution, which aims to deliver real-time, voice-enabled intelligence to restaurant teams.Lumen Technologies (NYSE:LUM
Declares completion of turnaround and outlines multi-year growth plan Updates key initiatives supporting company's position as the trusted network for AI, including planned network expansion to 58 million fiber miles by 2031, NaaS platform surpassing 2,000 customers, and the rollout of Multi-Cloud Gateway Selected to expand Anthropic's fiber network across North America, part of Lumen's nearly $13 billion in total Private Connectivity Fabric (PCF) contracts Targets margin expansion, free cash flow, and enterprise revenue growth in 2028 Lumen Technologies (NYSE: LUMN) today announced at its 2026 Investor Day the company's multi-year vision, strategy and financial framework as it acce
Expanded off-net reach and multi-cloud simplicity drive more than 2,000 enterprises to adopt Lumen's programmable network platform for Cloud 2.0 and AI workloads Lumen Technologies (NYSE: LUMN) today announced the company has doubled its network-as-a-service (NaaS) customer base to more than 2,000 businesses since Q3 2025, reflecting how quickly enterprises are shifting to on-demand, programmable networking for AI and cloud workloads. "Enterprises are redesigning their networks for a world where AI workloads move massive amounts of data across clouds and geographies in real time," said Jim Fowler, Lumen chief technology and product officer. "Surpassing 2,000 NaaS customers so quickly sh
Upgrades reflect strengthened balance sheet, improved liquidity profile, and disciplined execution against its financial and strategic priorities Lumen Technologies (NYSE: LUMN) today announced that it has received upgraded ratings from all three major global ratings agencies – Fitch Ratings (Fitch), Moody's Investor Service (Moody's), and S&P Global (S&P) – marking a significant milestone in the company's multi-year financial and operational transformation. "These upgrades validate the hard work of our teams and the structural progress we've made to strengthen our balance sheet and reposition Lumen for sustainable growth," said Kate Johnson, Chief Executive Officer of Lumen. "We have r
Blue Planet AI agents to help automate Lumen's network operations Initial use cases include device model generation and digital network twin applications AI agents support Lumen's success in building an AI-ready network Blue Planet, a division of Ciena (NYSE:CIEN), today announced that Lumen Technologies (NYSE:LUMN) is adopting the company's AI agents across its network operations to help enhance efficiency and deliver exceptional customer experiences. As part of its strategy to build the trusted network for AI, Lumen will use Blue Planet AI Studio, an operations support system (OSS)-native platform, to build, manage, and run AI agents across multiple network domains to drive fast
As previously announced, Lumen Technologies (NYSE: LUMN) will host an Investor Day on Wednesday, Feb. 25, 2026. Presentations will begin at approximately 8:30 a.m. ET and conclude around 12 p.m. ET. During the program, Lumen's senior leadership team will outline the company's next phase of transformation, including its commercial engine, product pipeline, financial framework, and multi-year growth strategy designed to strengthen earnings power and long-term value creation. The live webcast and post-event replay will be accessible on Lumen's Investor Relations website under Investor Day. The replay and summary materials from the presentations will be available on the website approximatel
WEST CHESTER, Pa., Feb. 17, 2026 /PRNewswire/ -- QVC Group, Inc. ("QVC Group") (NASDAQ:QVCGA, QVCGP, OTCQB:QVCGB) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of February 1, 2026 of the 3.75% Senior Exchangeable Debentures due 2030 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC ("LI LLC"). The semi-annual interest payment amount is $18.75 per $1,000 original principal amount of Debentures, and the amount of the Regular Additional Distribution is $0.4596 per $1,000 original principal amount of Debentures.
New enterprise capabilities are designed to accelerate data movement across distributed AI environments while lowering complexity and total cost As AI drives explosive data growth, enterprises are under increasing pressure to move information quickly and securely across clouds, data centers, and distributed locations. In response, Lumen Technologies (NYSE:LUMN) today announced an expansion of its enterprise networking portfolio with Lumen Multi-Cloud Gateway and enhanced metro data center connectivity across major U.S. markets. "Moving data across hybrid environments is a lot like managing air traffic – you need clear routes, predictable timing, and the ability to adjust when conditions
Veteran leader to deepen customer relationships, sharpen execution, and scale company's commercial engine in Lumen's next phase of transformation Lumen Technologies (NYSE: LUMN) today announced that Jeff Sharritts has been appointed Executive Vice President and Chief Revenue Officer, effective Feb. 4, 2026. He will report to Lumen CEO Kate Johnson and will lead Lumen's commercial strategy, including the Acceleration and Growth Team, with a focus on deepening customer relationships and driving profitable growth for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203640994/en/LUMN) as EVP and Chief Revenue Officer
Delivers revenue, Adjusted EBITDA and free cash flow in line with expectations as Lumen sharpens focus on high-value enterprise growth Signs additional $2.5B in PCF contracts and grows NaaS customer base, showing continued momentum on company's return to growth Lumen Technologies (NYSE:LUMN) reported results for the fourth quarter and full year ended Dec. 31, 2025. AT&T Transaction Closes: Completed the $5.75 billion transaction with AT&T, reducing total debt by over $4.8 billion and net leverage by a full turn to below 4x. Annual interest expense is down nearly 45% vs. 2025 levels, and capex is reduced by over $1 billion, increasing flexibility to invest in network modernization and
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
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8-K - Lumen Technologies, Inc. (0000018926) (Filer)
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10-Q - Lumen Technologies, Inc. (0000018926) (Filer)
8-K - Lumen Technologies, Inc. (0000018926) (Filer)
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Live Leadership Updates
Veteran leader to deepen customer relationships, sharpen execution, and scale company's commercial engine in Lumen's next phase of transformation Lumen Technologies (NYSE: LUMN) today announced that Jeff Sharritts has been appointed Executive Vice President and Chief Revenue Officer, effective Feb. 4, 2026. He will report to Lumen CEO Kate Johnson and will lead Lumen's commercial strategy, including the Acceleration and Growth Team, with a focus on deepening customer relationships and driving profitable growth for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203640994/en/LUMN) as EVP and Chief Revenue Officer
Lumen Technologies (NYSE: LUMN) today announced that Jim Fowler has been appointed Executive Vice President and Chief Technology & Product Officer, effective Jan. 5, 2026. Fowler will succeed Dave Ward, who is departing to assume the role of President and Chief Architect at Salesforce, the world's #1 AI CRM. Ward will remain with Lumen through Jan. 23, 2026, to support a smooth transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251205883387/en/Jim Fowler, who will assume the role of Executive Vice President and Chief Technology & Product Officer at Lumen Technologies, effective Jan. 5, 2026. Source: Lumen Technologies Fow
Veteran AI and cloud executive to lead co-innovation, ecosystem growth, and enterprise value creation Lumen Technologies (NYSE:LUMN) today announced the appointment of Sean Alexander as Senior Vice President of Connected Ecosystems. A seasoned enterprise growth leader and founding executive of Microsoft AI, Alexander will be responsible for building and scaling a world-class business development team that drives customer co-innovation, strategic partnerships, and new revenue streams for Lumen. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250818165096/en/Sean Alexander, Senior Vice President of Connected Ecosystems at Lumen "
Lumen Technologies (NYSE:LUMN) today announced the election of Michelle J. Goldberg and Steve McMillan to its Board of Directors, effective as of the company's 2025 annual meeting of shareholders, which was held on May 15, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515926693/en/Michelle Goldberg "As Lumen transforms to serve the digital networking needs of our enterprise customers, Michelle and Steve's expertise will be invaluable to our board and our business," said Kate Johnson, Lumen's president and CEO. "Michelle's experience scaling businesses through critical phases of innovation and expansion will support our
Lumen Technologies (NYSE:LUMN) today announced the appointment of Mark Hacker as Executive Vice President and Chief Legal Officer, effective immediately. Hacker brings more than two decades of experience in legal, regulatory, government affairs, and strategic leadership roles, having most recently served as General Counsel and Chief Administrative Officer of Motorola Solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250512943227/en/Mark Hacker named Lumen Executive Vice President and Chief Legal Officer During his tenure at Motorola Solutions, Hacker played a critical role in the company's transformation into a global lea
DENVER, Oct. 29, 2024 /PRNewswire/ -- Lumen Technologies (NYSE:LUMN) today announced the appointment of Chris Capossela to its board of directors, effective immediately. Capossela is a recognized authority in the technology industry and spent over 30 years of his career at Microsoft in a variety of roles. For the last ten years, he served as Microsoft's executive vice president and chief marketing officer. In that role, he led worldwide marketing across both the consumer and commercial businesses, overseeing everything from product marketing and business planning to digital d
Ho to Succeed Veteran Executive Stacey Goff DENVER, May 6, 2024 /PRNewswire/ -- Lumen Technologies (NYSE:LUMN) today announced it has appointed Chad Ho as executive vice president and chief legal officer. His appointment will begin in June. He succeeds Stacey Goff, whose legacy includes a distinguished 26-year career with Lumen and its predecessors. We anticipate that Mr. Goff will remain with the company for a few weeks after Mr. Ho's appointment to ensure a smooth transition. Ho is an experienced chief legal officer with a unique track record of success. He has extensive e
Visionary executive Diankha Linear brings market disruption expertise to the Board DENVER, Feb. 22, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the appointment of Diankha Linear to its board of directors, effective immediately. Linear is a seasoned executive and proven operator with more than 20 years of experience leading across highly regulated technology, logistics, and retail industries. In her current role as president and CEO of Community, Inc., she is disrupting how brands interact with their customers with an engagement platform that connects
Satish Lakshmanan brings extensive cloud and networking expertise to lead Lumen's transformation and growth in 2024 DENVER, Dec. 18, 2023 /PRNewswire/ -- Lumen Technologies (NYSE:LUMN) has named Dr. Satish Lakshmanan as its new Chief Product Officer. Dr. Lakshmanan will lead Lumen's corporate strategy and product portfolio, continuing to innovate network and advanced services to help customers thrive in today's digital economy. He will report to Lumen CEO Kate Johnson. "We are thrilled to welcome Satish to Lumen," said Johnson. "He is a visionary leader with a deep understand
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Oct. 12, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Lumen Technologies, Inc. ("Lumen" or the "Company") f/k/a CenturyLink, Inc. ("CenturyLink") (NYSE:LUMN) investors that a lawsuit filed on behalf of investors that purchased Lumen securities between March 11, 2019 and July 14, 2023, inclusive (the "Class Period") Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluat
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WEST CHESTER, Pa., Feb. 17, 2026 /PRNewswire/ -- QVC Group, Inc. ("QVC Group") (NASDAQ:QVCGA, QVCGP, OTCQB:QVCGB) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of February 1, 2026 of the 3.75% Senior Exchangeable Debentures due 2030 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC ("LI LLC"). The semi-annual interest payment amount is $18.75 per $1,000 original principal amount of Debentures, and the amount of the Regular Additional Distribution is $0.4596 per $1,000 original principal amount of Debentures.
Delivers revenue, Adjusted EBITDA and free cash flow in line with expectations as Lumen sharpens focus on high-value enterprise growth Signs additional $2.5B in PCF contracts and grows NaaS customer base, showing continued momentum on company's return to growth Lumen Technologies (NYSE:LUMN) reported results for the fourth quarter and full year ended Dec. 31, 2025. AT&T Transaction Closes: Completed the $5.75 billion transaction with AT&T, reducing total debt by over $4.8 billion and net leverage by a full turn to below 4x. Annual interest expense is down nearly 45% vs. 2025 levels, and capex is reduced by over $1 billion, increasing flexibility to invest in network modernization and
Transaction Close Marks Strategic Inflection Point; Positions Lumen as a Pure Play Enterprise-Focused Technology Infrastructure Company on Path to Sustainable Growth Lumen Technologies (NYSE: LUMN) today announced that it has completed the sale of its Mass Markets fiber-to-the-home business in eleven states, including Quantum Fiber, to AT&T (NYSE: T) for $5.75 billion in cash. The sale includes substantially all of the related consumer fiber access network and customer relationships in those states, which serves more than 1 million fiber customers and reaches more than 4 million enabled fiber locations. The completed transaction is another strategic milestone in Lumen's transformation int
DALLAS, Feb. 2, 2026 /PRNewswire/ -- Deal extends AT&T's industry-leading, award-winning fiber home internet service to 32 states, bringing millions of Americans the simple, seamless and trusted experience they can depend on, with the best Internet technology available today. Key Takeaways: AT&T has purchased substantially all of Lumen's Mass Markets fiber business, bringing millions more Americans the simple, seamless and trusted experience they can depend on, with the best Internet technology available today.Through this acquisition, more than 1 million fiber subscribers across more than 4 million fiber locations in new major metro areas like Denver, Seattle, and Salt Lake City, are now
Lumen Technologies (NYSE: LUMN), the trusted network for AI, today announced that it will publish its fourth quarter and full year financial results following market close on Feb. 3, 2026. A live broadcast of the earnings conference call will be available on the company's Investor Relations website at 5:00 pm. ET. Additional information regarding the fourth quarter 2025 results, including the company's earnings release, investor presentation, and related materials, will be available on Lumen's Investor Relations website. About Lumen Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortl
WEST CHESTER, Pa., Nov. 17, 2025 /PRNewswire/ -- QVC Group, Inc. ("QVC Group") (NASDAQ:QVCGA, QVCGP, OTCQB:QVCGB) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of Nov 1, 2025 of the 4.0% Senior Exchangeable Debentures due 2029 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC ("LI LLC"). The semi-annual interest payment amount is $20.00 per $1,000 original principal amount of Debentures (a "Debenture"), and the amount of the Regular Additional Distribution is $0.5824 per $1,000 original principal amount of Debentures.
Disciplined execution delivered revenue, EBITDA, and free cash flow above expectations as Lumen sharpens focus on high-value enterprise growth Lumen Technologies (NYSE:LUMN) today reported strong third-quarter results that demonstrate continued progress in its bold transformation and position the company on a path to sustainable growth. Among the company's highlights during the quarter: Financial Performance: Exceeded Revenue, Adjusted EBITDA, and Free Cash Flow expectations. $2.4 billion debt refinancing, term loan repricing, and further debt reduction, saving $135 million in annual interest expense year to date. Operational Execution: Successful Phase I ERP implementation, progres
The company also announced participation in upcoming investor conferences Lumen Technologies (NYSE: LUMN), the trusted network for AI, today announced that it will publish its third quarter financial results following market close on Oct. 30, 2025. A live broadcast of the earnings conference call will be available on the company's Investor Relations website at 5:00 pm. ET. Additional information regarding the third quarter 2025 results, including the company's earnings release, investor presentation, and related materials, will be available on Lumen's Investor Relations website. The company also announced that executives will join institutional investors, analysts and industry leaders
WEST CHESTER, Pa., Aug. 15, 2025 /PRNewswire/ -- QVC Group, Inc. ("QVC Group") (NASDAQ:QVCGA, QVCGP, OTCQB:QVCGB) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of August 1, 2025 of the 3.75% Senior Exchangeable Debentures due 2030 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC ("LI LLC"). The semi-annual interest payment amount is $18.75 per $1,000 original principal amount of Debentures, and the amount of the Regular Additional Distribution is $0.4257 per $1,000 original principal amount of Debentures.
Lumen Technologies, Inc. (NYSE:LUMN) reported results for the second quarter ended June 30, 2025. Outperformance on Key Metrics: Strong revenue and Adjusted EBITDA despite approximately $46 million in one-time revenue givebacks associated with the FCC's Rural Digital Opportunity Fund. AT&T Consumer Fiber Transaction: Announced an agreement to sell Lumen's consumer fiber business to AT&T for $5.75 billion, sharpening the company's enterprise focus and unlocking the financial flexibility to invest in our strengths. Strengthened Financial Position: Successfully completed a $2 billion bond offering, extending maturities to 2033 and reducing annual interest expense by approximately $50
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