Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
7/1/2024 | $1.00 | Sell | Goldman |
6/6/2023 | Underperform → Mkt Perform | Raymond James | |
2/8/2023 | $6.25 → $3.50 | Neutral → Sell | Citigroup |
12/6/2022 | $6.00 | Neutral | Goldman |
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
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
Microsoft Corporation (NASDAQ:MSFT) is partnering with Lumen Technologies, Inc. (NYSE:LUMN) to leverage Microsoft Cloud for Lumen’s digital transformation. What Happened: The Redmond, Washington-based tech giant selected Lumen to enhance network capacity and support increased demand at its AI-driven datacenters. Lumen’s Private Connectivity Fabric provides dedicated fiber access and advanced digital services, enhancing connectivity and capacity for Microsoft’s datacenters to meet growing data demands. Lumen is transforming its operations by adopting Microsoft’s cloud and AI technologies to cut costs, eliminate legacy systems, enhance offerings, and develop new solutions. See Also
Goldman Sachs analyst James Schneider, Ph. D., initiated coverage on the U.S. Telecom Services and infrastructure sector (14 companies) and is most constructive on wireless carriers and data centers. Schneider noted that the U.S. telecom industry is in a state of transformation. The U.S. telecom operators have refocused on their core business after emerging from a period as conglomerates marked by shareholder capital destruction. For the first time in a decade, the U.S. wireless operators are entering a period where both competitive and capital intensity are moderating simultaneously. He said this backdrop drove healthier growth and margin dynamics, with the potential for significan
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
10-Q - Lumen Technologies, Inc. (0000018926) (Filer)
8-K - Lumen Technologies, Inc. (0000018926) (Filer)
8-K - Lumen Technologies, Inc. (0000018926) (Filer)
Qurate Retail, Inc. ("Qurate Retail") (NASDAQ:QRTEA, QRTEB, QRTEP))) today announced the payment of a semi-annual interest payment and Regular Additional Distribution to the holders as of August 1, 2024 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 $0.3145 per $1,000 original principal amount of Debentures. Under the Indenture for the Debentures, the original principal amount of the Debentures is adjusted in an amount equal to each E
DENVER, Aug. 6, 2024 /PRNewswire/ -- Lumen Technologies (NYSE:LUMN) reported results for the second quarter ended June 30, 2024. Driving Commercial Excellence, Stabilizing the Base, and Innovating for Growth Continued success in North American Large and Mid-Market Enterprise sales. Large and Mid-Market new logo sales increased and net total contract value for all channels was up year over year.Delivered improved customer satisfaction across customer channels, which should manifest in lower churn, higher gross sales, and improved overall revenue growth over time.Recently announ
Agreement reserves 10% of Corning's global fiber capacity for each of the next two years to interconnect AI-enabled data centers Agreement will more than double Lumen's intercity network miles to unlock the next phases and capabilities of AI for cloud data centers, enterprises, and public agencies Lumen Technologies (NYSE:LUMN) today announced an agreement with Corning Incorporated (NYSE:GLW) for a substantial supply of next-generation optical cable. This fiber-dense cable will more than double Lumen's U.S. intercity fiber miles, offering significant capacity to major cloud data centers racing to stay ahead of AI workloads and high bandwidth applications fueled by massive amounts of dat
SC 13G - Lumen Technologies, Inc. (0000018926) (Subject)
SC 13G/A - Lumen Technologies, Inc. (0000018926) (Subject)
SC 13G/A - Lumen Technologies, Inc. (0000018926) (Subject)
DENVER, Sept. 17, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE:LUMN) ("Lumen") announced the early results of its offers to exchange newly-issued secured notes for certain of its outstanding unsecured senior notes. In addition, Lumen also announced the early results of the offers by Level 3 Financing, Inc., its indirect, wholly-owned subsidiary ("Level 3" and, together with Lumen, the "Issuers"), to exchange newly-issued second lien notes for certain of its outstanding unsecured senior notes. Lumen Exchange Offers As previously announced, Lumen has offered to exchange (
DENVER, Sept. 3, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE:LUMN) ("Lumen") announced that it has commenced offers to exchange newly-issued superpriority senior secured notes for certain of its outstanding unsecured senior notes. In addition, Lumen also announced that Level 3 Financing, Inc., its indirect, wholly-owned subsidiary ("Level 3" and, together with Lumen, the "Issuers"), has commenced offers to exchange newly-issued second lien secured notes for certain of its outstanding unsecured senior notes. Lumen Exchange Offers Lumen is offering to exchange (collectiv
Improved network inventory data will help drive operational efficiency, reduce cost and spur innovation across Lumen Lumen Technologies (NYSE:LUMN) has selected intelligent automation software from Blue Planet, a division of Ciena (NYSE:CIEN), to help drive its strategic network inventory transformation initiative. Blue Planet Inventory (BPI) will enable Lumen to consolidate multiple legacy inventory systems, streamline its service delivery and assurance processes, digitize its network assets, and improve global customer experience. Streamlined visibility into its network inventory with BPI will also help accelerate the development, implementation and support of Lumen solutions, including
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
4 - Lumen Technologies, Inc. (0000018926) (Issuer)
4 - Lumen Technologies, Inc. (0000018926) (Issuer)