Lumen Technologies, Inc. Stock News

DENVER--(BUSINESS WIRE)--As part of an ongoing financial strategy to strengthen its capital structure and accelerate its transformation into a leading digital network services company, Lumen Technologies, Inc. (“Lumen”, “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), has closed its previously announced offering o...

Network reliability is crucial for any telecom company; it nearly goes without saying. This is a major reason why investors were happy to snap up shares of Lumen Technologies (LUMN 1.40%) -- after the company detailed its preparations for emergency situations, its stock was trading up by more than 10% in price as of Thursday evening, according to data compiled by S&P Global Market Intelligence.

Upgrading Lumen Technologies from hold to buy, raising LUMN stock's price target to $5.64, representing a 33% upside, based on improved cost efficiency and strategic clarity. The confirmed sale of Lumen's mass markets fiber business to AT&T brings in $5 billion in cash, reduces debt by $4.8 billion, and allows the company to focus on enterprise. Despite ongoing revenue declines, Lumen's “Grow” ...

Lumen is a high-risk, high-reward turnaround, with deep value at $4.20 and fair value estimated near $21 per share. The AT&T fibre sale will slash debt, boost free cash flow, and let Lumen focus on enterprise fibre for AI/cloud demand, driving long-term growth. Aggressive cost cuts, modernization, and AI-driven efficiencies are improving margins and cash flow, with EBITDA growth targeted for 2026.

DENVER--(BUSINESS WIRE)--As the 2025 hurricane and wildfire season intensifies, Lumen Technologies (NYSE: LUMN) today detailed its enterprise readiness plan, designed to safeguard mission-critical connectivity and support business continuity for customers operating under extreme conditions. From wildfires in California to hurricanes along the Gulf Coast, Lumen's enterprise network is built for ...

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen”, “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), has agreed to sell $2.0 billion aggregate principal amount of its 6.875% First Lien Notes due 2033 (the “First Lien Notes”), which represents a $1.0 billion increase from the previously announced size of th...

Concerns about the future prospects for Lumen Technologies Inc. (NYSE: LUMN) have lingered.

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen”, “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), plans to offer $1.0 billion aggregate principal amount of First Lien Notes due 2033 (the “First Lien Notes”). Level 3 Financing intends to use the net proceeds from the offering, together with cash on hand,...