LumenLUMN
About: With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 have shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen has announced the sale of its consumer fiber network, but will maintain and harvest its legacy consumer copper network.
Employees: 24,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 4 (+1) [Q1 2025]
0.69% less ownership
Funds ownership: 70.04% [Q4 2024] → 69.35% (-0.69%) [Q1 2025]
6% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 78
9% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 173
4% less funds holding
Funds holding: 548 [Q4 2024] → 528 (-20) [Q1 2025]
25% less call options, than puts
Call options by funds: $68.2M | Put options by funds: $90.7M
26% less capital invested
Capital invested by funds: $3.78B [Q4 2024] → $2.79B (-$989M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Raymond James Frank Louthan | 11%upside $4.50 | Outperform Upgraded | 5 May 2025 |
Financial journalist opinion
Based on 22 articles about LUMN published over the past 30 days
