Analyst Price Target is $4.59
▲ +28.32% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Lumen Technologies in the last 3 months. The average price target is $4.59, with a high forecast of $6.50 and a low forecast of $2.00. The average price target represents a 28.32% upside from the last price of $3.58.
Current Consensus is
Reduce
The current consensus among 9 contributing investment analysts is to reduce stock in Lumen Technologies. This Reduce consensus rating has held steady for over two years.
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber, edge cloud services, internet protocol, managed security, software-defined wide area networks, secure access service edge, unified communications and collaboration, and optical wavelengths services; ethernet and VPN data networks services; and legacy services to manage cash flow, including time division multiplexing voice, private line, and other legacy services, as well as sells communication equipment, and IT solutions. The company also provides high speed and lower speed broadband service to residential and small business customers; local and long-distance voice services, professional services, and other ancillary services; and federal broadband and state support programs. It serves its products and services under the Lumen, Quantum Fiber, and CenturyLink brands. The company was formerly known 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.
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