The latest price target for Lumen Technologies (NYSE:LUMN) was reported by Wells Fargo on August 16, 2024. The analyst firm set a price target for $4.00 expecting LUMN to fall to within 12 months (a possible -23.51% downside). 14 analyst firms have reported ratings in the last year.

The latest analyst rating for Lumen Technologies (NYSE:LUMN) was provided by Wells Fargo, and Lumen Technologies downgraded their underweight rating.

The last upgrade for Lumen Technologies Inc happened on August 7, 2024 when JP Morgan raised their price target to N/A. JP Morgan previously had an underweight for Lumen Technologies Inc.

The last downgrade for Lumen Technologies Inc happened on August 16, 2024 when Wells Fargo changed their price target from $1.75 to $4 for Lumen Technologies Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lumen Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lumen Technologies was filed on August 16, 2024 so you should expect the next rating to be made available sometime around August 16, 2025.

While ratings are subjective and will change, the latest Lumen Technologies (LUMN) rating was a downgraded with a price target of $1.75 to $4.00. The current price Lumen Technologies (LUMN) is trading at is $5.23, which is out of the analyst’s predicted range.