LUMN

Lumen Technologies, Inc.

NYSE · Telephone Communications (No Radiotelephone) · Inc. LA · CIK 0000018926
$8.91 -10.00% $9.2B
High Impact Filing (8/10)3 New Institutional Positions
Vol
Market Cap$9.2B
Cap SizeMid Cap
Analyst ConsensusSell (6%)
Inst. Holders9 funds
Inst. Value$1.5B
Inst. Activity3 buys / 1 sells
Insider Activity1B / 1S
Insider Net $$144.9K
Reddit Sentiment63° Warm
SEC Reports5
Exchange NYSE·Sector Telephone Communications (No Radiotelephone)·Inc. LA·CIK 0000018926·Prev Close $9.90

Recent Activity

May 29, 2026 short_volume
Short Volume: LUMN — 60.1% short (3.3M / 5.6M)
Short: 3,347,658 | Exempt: 6,900 | TRF Vol: 5,571,035 | Short Ratio: 60.1% | Off-exchange volume (da
May 27, 2026 SEC
Lumen Technologies filed an 8-K reporting results from its May 20, 2026 annual meeting. Shareholders approved an increas
8-K — Impact 3/10
May 21, 2026 Insider
Collins Michael sold 25,197 shares
Director @ $9.44 ($237.9K)
May 21, 2026 Insider
MCMILLAN STEPHEN sold 25,197 shares
Director @ $9.44 ($237.9K)
May 21, 2026 Insider
Chilton Kevin P. sold 25,197 shares
Director @ $9.44 ($237.9K)
May 20, 2026 SEC
Lumen announced the early results of its cash tender offers to purchase up to $750 million aggregate principal of outsta
8-K — Impact 5/10
May 14, 2026 SEC
Level 3 Financing, an indirect subsidiary of Lumen Technologies, completed a $2.4B refinancing of its term loan B-4 faci
8-K — Impact 4/10
Inst.
FMR LLC — DOUBLED
26,391,299 shares ($205.1M)

Price Targets

$8.29 -7.0% upside Sell
Current $8.91 Low $7.00 Median $8.20 High $10.00 10 analysts
$7.00 $10.00

Analyst Ratings

Strong Sell6% buy · 18 analysts
1Strong Buy
0Buy
12Hold
3Sell
2Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 11, 2026 JP Morgan MAINTAIN Neutral → Neutral
May 8, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight
May 6, 2026 UBS MAINTAIN Neutral → Neutral
May 6, 2026 TD Cowen MAINTAIN Hold → Hold
Feb 5, 2026 Citigroup MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.14 ▼ -24.4% $-0.18 — $-0.09 -359% YoY 7
Next Q $-0.15 ▼ -48.4% $-0.22 — $-0.07 24% YoY 7
Current FY $-0.80 ▼ -60.0% $-0.94 — $-0.54 -515% YoY 7
Next FY $-0.29 ▼ -2.1% $-0.85 — $-0.01 63% YoY 6

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$869.1M
FMR LLC$205.1MDOUBLED
CHARLES SCHWAB INVESTMENT MANAGEMENT$142.9MNEW
NORGES BANK$106.6MNEW
MORGAN STANLEY$78.4MTRIM

Recent Insider Trades

DateInsiderTypeValue
May 21, 2026Collins MichaelA$237.9K
May 21, 2026MCMILLAN STEPHENA$237.9K
May 21, 2026Chilton KevinA$237.9K
May 21, 2026Capossela ChristopherA$237.9K
May 21, 2026Bejar MarthaA$237.9K

Reddit Sentiment

63°
Warm
Bearish Neutral Bullish
4 mentions 2 bullish 0 bearish
9 institutional holders with $1.5B total value (198,875,006 shares) as of 2025-Q4. Top holders: VANGUARD, FMR, CHARLES. Net buying activity: 3 institutions added/increased vs 1 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC111,855,666$869.1M56.2%
2FMR LLC26,391,299$205.1M13.3%DOUBLED +162.1%
3CHARLES SCHWAB INVESTMENT MANAGEMENT INC18,390,473$142.9M9.2%NEW
4NORGES BANK13,713,912$106.6M6.9%NEW
5MORGAN STANLEY10,095,977$78.4M5.1%TRIM -34.1%
6RENAISSANCE TECHNOLOGIES LLC10,043,267$78.0M5.1%ADD +76.3%
7TWO SIGMA INVESTMENTS, LP4,595,530$35.7M2.3%TRIM -26.0%
8BANK OF AMERICA CORP /DE/2,335,516$18.1M1.2%TRIM -32.3%
9WELLS FARGO & COMPANY/MN1,453,366$11.3M0.7%ADD +49.9%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FMR LLCDOUBLED10,068,24226,391,299+162.1%$205.1M2025-Q4
NORGES BANKNEW13,713,912$106.6M2025-Q4
TWO SIGMA INVESTMENTS, LPTRIM6,212,4064,595,530-26.0%$35.7M2025-Q4
WELLS FARGO & COMPANY/MNADD969,2751,453,366+49.9%$11.3M2025-Q4
FMR LLCADD5,298,08710,068,242+90.0%$61.6M2025-Q3
BANK OF AMERICA CORP /DE/TRIM4,117,9282,786,430-32.3%$17.1M2025-Q3
NORGES BANKEXIT10,941,2640-100.0%$0.002025-Q3
MORGAN STANLEYTRIM17,087,89811,262,887-34.1%$49.3M2025-Q2
NORGES BANKNEW10,941,264$47.9M2025-Q2
UBS Group AGTRIM11,566,1575,039,296-56.4%$22.1M2025-Q2
MORGAN STANLEYADD11,856,09517,087,898+44.1%$67.0M2025-Q1
CITADEL ADVISORS LLCTRIM17,975,26210,276,414-42.8%$40.3M2025-Q1
FMR LLCADD2,288,4764,431,492+93.6%$17.4M2025-Q1
NORGES BANKEXIT11,984,5930-100.0%$0.002025-Q1
UBS Group AGDOUBLED4,136,79812,637,995+205.5%$67.1M2024-Q4
RENAISSANCE TECHNOLOGIES LLCADD6,614,30011,664,009+76.3%$61.9M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW30,811,812$218.8M2024-Q3
14 unique insiders with 2 transactions. Net insider value: $144.9K ($499.9K bought, $355.1K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 21, 2026Collins MichaelDirectorA25,197$9.44$237.9K
May 21, 2026MCMILLAN STEPHENDirectorA25,197$9.44$237.9K
May 21, 2026Chilton Kevin P.DirectorA25,197$9.44$237.9K
May 21, 2026Capossela Christopher CDirectorA25,197$9.44$237.9K
May 21, 2026Bejar Martha HelenaDirectorA25,197$9.44$237.9K
May 21, 2026GOLDBERG MICHELLE JDirectorA25,197$9.44$237.9K
May 21, 2026Linear DiankhaDirectorA25,197$9.44$237.9K
May 21, 2026Allen Quincy LDirectorA25,197$9.44$237.9K
May 14, 2026Fowler JamesEVP, Chief Tech & Product Off.F22,922$10.34$237.0K
May 7, 2026Johnson Kathleen EChief Executive OfficerG241,450$0.00$0.00
Apr 20, 2026Hodges Jennifer A.EVP, Chief Legal OfficerA200,809$7.47$1.5M
Mar 1, 2026Johnson Kathleen EPresident & CEOA2,156,680$0.00$0.00
Mar 1, 2026Johnson Kathleen EPresident & CEOF1,715,571$7.11$12.2M
Mar 1, 2026Johnson Kathleen EPresident & CEOD252,702$0.00$0.00
Mar 1, 2026Fowler JamesEVP, Chief Tech & Product Off.A582,887$0.00$0.00
Mar 1, 2026Holt Donald LeroyChief Acctg. Off. & ControllerA97,147$0.00$0.00
Mar 1, 2026Sharritts Jeffery S.EVP, Chief Revenue OfficerA634,699$0.00$0.00
Mar 1, 2026HACKER MARK S.EVP, CLO & Public SectorA427,450$0.00$0.00
Feb 20, 2026Linear DiankhaDirectorSELL45,000$7.89$355.1K
Feb 5, 2026Johnson Kathleen EPresident & CEOBUY78,685$6.35$499.9K
Feb 4, 2026Sharritts Jeffery S.EVP, Chief Revenue OfficerA576,282$0.00$0.00

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (6% buy). Based on 18 analysts: 1 strong buy, 0 buy, 12 hold, 3 sell, 2 strong sell.

Analyst Price Targets

$8.29 mean target -7.0% upside Sell (3.00)
$7.00 Low $10.00 High
MetricValue
Current Price$8.91
Target Low$7.00
Target Mean$8.29
Target Median$8.20
Target High$10.00
# Analysts10
RecommendationSell (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.14 $-0.18 $-0.09 -358.5% -24.4% 2↑ 3↓ $2.7B -11.3% 7
Next Q
2026-09-30
$-0.15 $-0.22 $-0.07 24.2% -48.4% 1↑ 3↓ $2.7B -12.1% 7
Current FY
2026-12-31
$-0.80 $-0.94 $-0.54 -515.3% -60.0% 1↑ 5↓ $11.0B -11.2% 7
Next FY
2027-12-31
$-0.29 $-0.85 $-0.01 63.2% -2.1% 3↑ 2↓ $10.6B -3.9% 6

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.138
7d ago$-0.132-0.005
30d ago$-0.111-0.027
60d ago$-0.111-0.027
90d ago$-0.109-0.029
6 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 11, 2026 JP Morgan MAINTAIN Neutral Neutral
May 8, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
May 6, 2026 UBS MAINTAIN Neutral Neutral
May 6, 2026 TD Cowen MAINTAIN Hold Hold
Feb 5, 2026 Citigroup MAINTAIN Neutral Neutral
Feb 5, 2026 UBS MAINTAIN Neutral Neutral
Feb 4, 2026 Goldman Sachs MAINTAIN Neutral Neutral

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20261012326%
May 1, 202611123211%
Apr 1, 202611123211%
Mar 1, 202602123211%
Feb 1, 202626102040%
Jan 1, 202602113211%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

63°
Warm
Bearish Neutral Bullish
4 mentions 2 bullish 0 bearish 4 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 27, 2026160° Warm101
May 27, 2026160° Warm101
Feb 19, 2026150° Neutral001
Nov 22, 2024150° Neutral001

Recent Reddit Threads

r/wallstreetbets Bullish 10d 10h ago
$LUMN the hidden AI infastructure play
▲ 1 💬 0 ⚡ 0.5
r/SPACs Neutral 18mo ago
LUMN Lumen Technologies
▲ 1 💬 1 ⚡ 0.0
May 29, 2026
short_volume
Short Volume: LUMN — 60.1% short (3.3M / 5.6M)
Short: 3,347,658 | Exempt: 6,900 | TRF Vol: 5,571,035 | Short Ratio: 60.1% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: LUMN — 59.0% short (4.5M / 7.7M)
Short: 4,548,672 | Exempt: 60,315 | TRF Vol: 7,709,948 | Short Ratio: 59.0% | Off-exchange volume (dark pool + OTC)
May 5, 2026
short_volume
Short Volume: LUMN — 56.4% short (2.7M / 4.8M)
Short: 2,724,929 | Exempt: 40,364 | TRF Vol: 4,828,786 | Short Ratio: 56.4% | Off-exchange volume (dark pool + OTC)
May 5, 2026
earnings_calendar
LUMN Q1 2026 Earnings Scheduled — 2026-05-05
Apr 30, 2026
short_volume
Short Volume: LUMN — 57.0% short (2.2M / 3.9M)
Short: 2,206,819 | Exempt: 149,608 | TRF Vol: 3,872,650 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
Apr 29, 2026
short_volume
Short Volume: LUMN — 57.0% short (2.0M / 3.5M)
Short: 2,004,660 | Exempt: 918 | TRF Vol: 3,518,544 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
Apr 28, 2026
short_volume
Short Volume: LUMN — 60.1% short (1.6M / 2.6M)
Short: 1,591,079 | Exempt: 12 | TRF Vol: 2,645,898 | Short Ratio: 60.1% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
short_volume
Short Volume: LUMN — 57.0% short (2.2M / 3.9M)
Short: 2,220,859 | Exempt: 820 | TRF Vol: 3,895,937 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
Apr 23, 2026
short_volume
Short Volume: LUMN — 62.6% short (5.4M / 8.7M)
Short: 5,413,462 | Exempt: 21,606 | TRF Vol: 8,652,333 | Short Ratio: 62.6% | Off-exchange volume (dark pool + OTC)
Apr 22, 2026
short_volume
Short Volume: LUMN — 59.1% short (4.5M / 7.7M)
Short: 4,548,744 | Exempt: 15,227 | TRF Vol: 7,694,009 | Short Ratio: 59.1% | Off-exchange volume (dark pool + OTC)
Apr 1, 2026
short_volume
Short Volume: LUMN — 56.4% short (6.1M / 10.8M)
Short: 6,085,478 | Exempt: 41,765 | TRF Vol: 10,794,916 | Short Ratio: 56.4% | Off-exchange volume (dark pool + OTC)
Mar 31, 2026
short_volume
Short Volume: LUMN — 59.3% short (5.1M / 8.7M)
Short: 5,149,565 | Exempt: 4,832 | TRF Vol: 8,682,840 | Short Ratio: 59.3% | Off-exchange volume (dark pool + OTC)