(LUMN) Lumen Technologies - Overview

Sector: Communication Services | Industry: Telecom Services | Exchange: NYSE (USA) | Market Cap: 9.469m USD | Total Return: 134.1% in 12m

Fiber Networks, Cloud Services, Broadband, Cybersecurity, Voice Services
Total Rating 49
Safety 37
Buy Signal 0.09
Telecom Services
Industry Rotation: +2.0
Market Cap: 9.47B
Avg Turnover: 103M
Risk 3d forecast
Volatility76.4%
VaR 5th Pctl11.8%
VaR vs Median-6.58%
Reward TTM
Sharpe Ratio1.47
Rel. Str. IBD91
Rel. Str. Peer Group88.7
Character TTM
Beta0.565
Beta Downside-2.654
Hurst Exponent0.526
Drawdowns 3y
Max DD69.66%
CAGR/Max DD0.99
CAGR/Mean DD1.96
EPS (Earnings per Share) EPS (Earnings per Share) of LUMN over the last years for every Quarter: "2021-03": 0.44, "2021-06": 0.46, "2021-09": 0.51, "2021-12": 0.5, "2022-03": 0.63, "2022-06": 0.35, "2022-09": 0.14, "2022-12": 0.43, "2023-03": 0.1, "2023-06": 0.1, "2023-09": -0.09, "2023-12": 0.08, "2024-03": -0.04, "2024-06": -0.13, "2024-09": -0.13, "2024-12": 0.09, "2025-03": -0.13, "2025-06": -0.03, "2025-09": -0.2, "2025-12": 0.23, "2026-03": -0.47,
Last SUE: -1.56
Qual. Beats: -1
Revenue Revenue of LUMN over the last years for every Quarter: 2021-03: 5029, 2021-06: 4924, 2021-09: 4887, 2021-12: 4847, 2022-03: 4676, 2022-06: 4612, 2022-09: 4390, 2022-12: 3800, 2023-03: 3738, 2023-06: 3661, 2023-09: 3641, 2023-12: 3517, 2024-03: 3290, 2024-06: 3268, 2024-09: 3221, 2024-12: 3329, 2025-03: 3182, 2025-06: 3092, 2025-09: 3087, 2025-12: 3041, 2026-03: 2899,
Rev. CAGR: -8.05%
Rev. Trend: -98.1%
Last SUE: 1.13
Qual. Beats: 1

Warnings

High Debt/EBITDA (7.6) with thin interest coverage (-1.0)

Interest Coverage Ratio -1.0 is critical

Altman Z'' -2.44 < 1.0 - financial distress zone

Choppy

Tailwinds

Rs(ibd) Leader

Description: LUMN Lumen Technologies

Lumen Technologies, Inc. (LUMN) is a global networking and telecommunications provider operating through Business and Mass Markets segments. The company’s portfolio includes high-capacity fiber infrastructure, edge cloud computing, managed security, and software-defined networking (SD-WAN) solutions. Formerly known as CenturyLink, the firm rebranded in 2020 to emphasize its transition toward enterprise-grade digital services and high-speed fiber connectivity under brands like Quantum Fiber and Black Lotus Labs.

As an alternative carrier, Lumen manages extensive dark fiber and conduit assets, which are critical for low-latency data transmission and private network architecture. The business model involves a shift from legacy copper-based voice services toward high-margin fiber-optic broadband and integrated IT solutions for government and corporate clients. Investors can further examine the companys valuation metrics and debt structure on ValueRay.

Headlines to Watch Out For
  • AI infrastructure demand drives multi-billion dollar deals for dark fiber connectivity
  • Rapid decline of legacy copper-based voice services pressures consolidated revenue growth
  • Strategic shift toward fiber-to-the-home expansion dictates long-term mass market profitability
  • Significant debt load and high interest rates impact free cash flow valuation
  • Expansion of edge cloud and managed security services offsets traditional networking losses
Piotroski VR-10 (Strict) 3.0
Net Income: -1.74b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.57 > 1.0
NWC/Revenue: -0.41% < 20% (prev 5.63%; Δ -6.04% < -1%)
CFO/TA 0.16 > 3% & CFO 4.97b > Net Income -1.74b
Net Debt (11.9b) to EBITDA (1.57b): 7.60 < 3
Current Ratio: 0.99 > 1.5 & < 3
Outstanding Shares: last quarter (998.9m) vs 12m ago 0.77% < -2%
Gross Margin: 47.31% > 18% (prev 0.42%; Δ 4.69k% > 0.5%)
Asset Turnover: 37.78% > 50% (prev 38.76%; Δ -0.98% > 0%)
Interest Coverage Ratio: -0.97 > 6 (EBITDA TTM 1.57b / Interest Expense TTM 1.16b)
Altman Z'' -2.44
A: -0.00 (Total Current Assets 4.12b - Total Current Liabilities 4.17b) / Total Assets 30.6b
B: -0.65 (Retained Earnings -19.9b / Total Assets 30.6b)
C: -0.04 (EBIT TTM -1.13b / Avg Total Assets 32.1b)
D: -0.07 (Book Value of Equity -1.32b / Total Liabilities 19.0b)
Altman-Z'' = -2.44 = D
Beneish M -3.42
DSRI: 1.09 (Receivables 1.60b/1.58b, Revenue 12.1b/13.0b)
GMI: 0.90 (GM 47.31% / 42.45%)
AQI: 0.83 (AQ_t 0.21 / AQ_t-1 0.26)
SGI: 0.93 (Revenue 12.1b / 13.0b)
TATA: -0.22 (NI -1.74b - CFO 4.97b) / TA 30.6b)
Beneish M = -3.42 (Cap -4..+1) = AA
What is the price of LUMN shares?

As of May 25, 2026, the stock is trading at USD 9.41 with a total of 8,043,832 shares traded.
Over the past week, the price has changed by -6.37%, over one month by +6.45%, over three months by +26.31% and over the past year by +134.08%.

Is LUMN a buy, sell or hold?

Lumen Technologies has received a consensus analysts rating of 2.82. Therefore, it is recommended to hold LUMN.

  • StrongBuy: 0
  • Buy: 0
  • Hold: 9
  • Sell: 2
  • StrongSell: 0

What are the forecasts/targets for the LUMN price?
Analysts Target Price 8.3 -11.9%
Lumen Technologies (LUMN) - Fundamental Data Overview as of 21 May 2026
Market Cap USD = 9.47b (9.47b USD * 1.0 USD.USD)
P/E Forward = 98.0392
P/S = 0.7813
P/B = 15.7969
P/EG = 17.1429
Revenue TTM = 12.1b USD
EBIT TTM = -1.13b USD
EBITDA TTM = 1.57b USD
Long Term Debt = 12.9b USD (from longTermDebt, last quarter)
Short Term Debt = 325.0m USD (from shortTermDebt, last quarter)
Debt = 13.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 290.0m
Net Debt = 11.9b USD (calculated: Debt 13.5b - CCE 1.62b)
Enterprise Value = 21.4b USD (9.47b + Debt 13.5b - CCE 1.62b)
Interest Coverage Ratio = -0.97 (Ebit TTM -1.13b / Interest Expense TTM 1.16b)
EV/FCF = 47.84x (Enterprise Value 21.4b / FCF TTM 447.0m)
FCF Yield = 2.09% (FCF TTM 447.0m / Enterprise Value 21.4b)
FCF Margin = 3.69% (FCF TTM 447.0m / Revenue TTM 12.1b)
Net Margin = -14.34% (Net Income TTM -1.74b / Revenue TTM 12.1b)
Gross Margin = 47.31% ((Revenue TTM 12.1b - Cost of Revenue TTM 6.39b) / Revenue TTM)
Gross Margin QoQ = 50.50% (prev 46.50%)
Tobins Q-Ratio = 0.70 (Enterprise Value 21.4b / Total Assets 30.6b)
Interest Expense / Debt = 8.58% (Interest Expense 1.16b / Debt 13.5b)
Taxrate = 21.0% (US default 21%)
NOPAT = -894.3m (EBIT -1.13b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.99 (Total Current Assets 4.12b / Total Current Liabilities 4.17b)
Debt / Equity = 1.16 (Debt 13.5b / totalStockholderEquity, last quarter 11.6b)
Debt / EBITDA = 7.60 (Net Debt 11.9b / EBITDA 1.57b)
Debt / FCF = 26.66 (Net Debt 11.9b / FCF TTM 447.0m)
Total Stockholder Equity = 2.19b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.42% (Net Income -1.74b / Total Assets 30.6b)
RoE = -7.87% (Net Income TTM -1.74b / Total Stockholder Equity 22.1b)
RoCE = -3.23% (EBIT -1.13b / Capital Employed (Equity 22.1b + L.T.Debt 12.9b))
 RoIC = -3.41% (negative operating profit) (NOPAT -894.3m / Invested Capital 26.2b)
 WACC = 7.27% (E(9.47b)/V(23.0b) * Re(7.98%) + D(13.5b)/V(23.0b) * Rd(8.58%) * (1-Tc(0.21)))
Discount Rate = 7.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 94.39 | Cagr: 0.68%
[DCF] Terminal Value 73.10% ; FCFF base≈675.0m ; Y1≈591.9m ; Y5≈478.3m
 [DCF] Fair Price = N/A (negative equity: EV 7.68b - Net Debt 11.9b = -4.24b; debt exceeds intrinsic value)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.56 | # QB: -1
Revenue Correlation: -98.11 | Revenue CAGR: -8.05% | SUE: 1.13 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.13 | Chg30d=-19.55% | Revisions=+33% | Analysts=7
EPS next Quarter (2026-09-30): EPS=-0.15 | Chg30d=-50.00% | Revisions=+0% | Analysts=7
EPS current Year (2026-12-31): EPS=-0.80 | Chg30d=-59.28% | Revisions=-25% | GrowthEPS=-512.4% | GrowthRev=-11.3%
EPS next Year (2027-12-31): EPS=-0.30 | Chg30d=-3.57% | Revisions=-11% | GrowthEPS=+62.5% | GrowthRev=-4.0%
[Analyst] Revisions Ratio: +33%