Lumen Technologies (NYSE:LUMN) Shares Gap Down – Time to Sell?

Lumen Technologies, Inc. (NYSE:LUMN)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $8.46, but opened at $7.29. Lumen Technologies shares last traded at $6.7490, with a volume of 4,772,602 shares.

Key Lumen Technologies News

Here are the key news stories impacting Lumen Technologies this week:

• Positive Sentiment: Q4 adjusted EPS surprised to the upside, beating estimates and showing a return to profitability on an adjusted basis — a near-term catalyst that supports valuation re-rating. Lumen Reports Better-Than-Expected Q4 Earnings, Revenues Down Y/Y
• Positive Sentiment: The company closed a $5.75B transaction with AT&T that cut total debt by ~$4.8B, lowered interest expense roughly 45% and reduced capex — materially improving cash flow flexibility for network modernization and growth initiatives. Lumen Technologies Reports Solid Fourth-Quarter and Full-Year 2025 Results; Completes AT&T Transaction
• Positive Sentiment: Management guided to stronger-than-expected free cash flow for the year and said adoption of digital/enterprise products is rising — a narrative that supports longer-term profitability and deleveraging. Lumen forecasts upbeat free cash flow, sees rising adoption of its digital products
• Neutral Sentiment: Company is explicitly pivoting toward higher-margin enterprise and AI/edge-focused products (PCF, NaaS); this is strategic upside but will take time to show through in top-line growth. LUMN Q4 Deep Dive: Enterprise Focus and Network Investments Mark Strategic Pivot
• Neutral Sentiment: Earnings call transcript and slides are available for deeper detail — useful for investors who want management’s specifics on margins, capex and cadence of enterprise wins. Lumen Technologies, Inc. Q4 2025 earnings call transcript
• Negative Sentiment: Revenue declined about 8–9% year-over-year in Q4, underscoring persistent top-line pressure that limits near-term EPS upside despite cost cuts. Lumen Technologies shares fall as Q4 revenue declines 9% YoY
• Negative Sentiment: AIGH Capital sold ~2.55M LUMN shares (~$15.6M), a notable block trade that adds selling pressure and signals some investor lock-step exiting post-deal volatility. AIGH Capital Dumps 2.6 Million Lumen Technologies Shares In $15.6 Million Exit
• Negative Sentiment: Despite the beat, the company still reports negative net margin/ROE and sell-side forecasts a full-year EPS loss — factors that keep downside risk and valuation skepticism elevated. Lumen (LUMN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Wall Street Analyst Weigh In

LUMN has been the topic of a number of analyst reports. Zacks Research upgraded Lumen Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. Wall Street Zen raised shares of Lumen Technologies from a “sell” rating to a “hold” rating in a research report on Sunday, November 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Lumen Technologies in a report on Thursday, January 22nd. The Goldman Sachs Group increased their price target on shares of Lumen Technologies from $5.50 to $7.25 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Royal Bank Of Canada raised their price objective on shares of Lumen Technologies from $4.25 to $8.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $7.25.

Lumen Technologies Trading Down 24.2%

The firm has a 50 day moving average price of $8.28 and a 200-day moving average price of $7.03. The firm has a market cap of $6.58 billion, a PE ratio of -3.91 and a beta of 1.51.

Lumen Technologies (NYSE:LUMN) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.44. Lumen Technologies had a negative net margin of 13.02% and a negative return on equity of 158.40%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter in the previous year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was down 8.7% on a year-over-year basis. Equities analysts forecast that Lumen Technologies, Inc. will post -0.87 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lumen Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in shares of Lumen Technologies in the 4th quarter valued at $30,000. UMB Bank n.a. grew its holdings in shares of Lumen Technologies by 49.1% during the third quarter. UMB Bank n.a. now owns 4,105 shares of the technology company’s stock worth $25,000 after purchasing an additional 1,351 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Lumen Technologies by 24.5% during the third quarter. Fifth Third Bancorp now owns 5,343 shares of the technology company’s stock worth $33,000 after purchasing an additional 1,051 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Lumen Technologies by 132.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,954 shares of the technology company’s stock valued at $26,000 after purchasing an additional 3,391 shares during the last quarter. Finally, Orion Capital Management LLC purchased a new position in Lumen Technologies during the 4th quarter worth approximately $50,000. Institutional investors and hedge funds own 66.19% of the company’s stock.

About Lumen Technologies

Lumen Technologies is a multinational technology company specializing in integrated network, edge cloud, security and collaboration services for enterprise and public sector clients. The company’s core offerings include high-capacity fiber and IP-based connectivity, managed edge computing solutions designed to accelerate applications and data processing closer to end users, and cybersecurity services ranging from DDoS protection to unified threat management. Through its unified portfolio, Lumen enables organizations to support digital transformation initiatives, modernize infrastructure and enhance operational resilience.

Leveraging one of the largest fiber footprints in North America, as well as infrastructure in Latin America and parts of Europe, Lumen connects customers across more than 60 countries.