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5 stories mentioning LUMN

Every FINWIRES story that references LUMN, newest first.

Wire

Lumen Technologies Expands Network With New NorthLine Fiber Route

Lumen Technologies (LUMN) said Tuesday it is expanding its network through a new low-latency fiber route called NorthLine.The new route will directly connect Seattle and Minneapolis, improving connectivity between the Pacific Northwest and central US markets. It will support high-speed 100G and 400G services and will be offered through Lumen RapidRoutes, the company said.NorthLine is set to launch by the end of 2026 and will provide businesses, cloud providers, and AI companies with a more direct connection between major markets, the company added.Price: $8.42, Change: $+0.08, Percent Change: +0.96%

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Research

Research Alert: CFRA Maintains Hold Opinion On Shares Of Lumen Technologies, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $3 to $11, applying an EV/revenue multiple of 2.1x to our 2026 estimate, a slight premium to its 10-year historical average multiple at 2.0x. We lower our 2026 loss estimate to -$0.63 from -$0.45 and 2027's loss to -$0.41 from -$0.26. LUMN grappled with declining business revenues, reflecting ongoing difficulties in sustaining growth across key segments. Profitability was pressured by increased operating costs and one-time expenses, including costs related to modernization, severance, and transactions. The shift to new digital and consumption-based business models proved to be slow, with adoption still in early stages and performance showing variability. LUMN also highlighted challenges in converting opportunities in the public sector, due to long decision cycles that make revenue timing uncertain.

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Wire

UBS Adjusts Price Target on Lumen Technologies to $8 From $6, Maintains Neutral Rating

Lumen Technologies (LUMN) has an average rating of hold and mean price target of $7.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $8.72, Change: $-0.48, Percent Change: -5.22%

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Research

Research Alert: Lumen Technologies Beats On Revenue, Set To Acquire Alkira For $475m

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Lumen Technologies reported Q1 2026 results with total revenue declining to $2.899B (-9% Y/Y) and diluted loss per share of $0.20, flat vs. the prior year, though excluding special items the loss widened to $0.47 from $0.13. The quarter marked a historic milestone as Strategic revenue reached 51% of business revenue at $1.246B (+9%), officially surpassing Legacy revenue of $1.198B (-14%) for the first time. This validates the transformation strategy, with strong NaaS momentum showing 25% Q/Q customer growth and a 32% increase in services sold. Management completed the Mass Markets divestiture generating $4.977B and announced the Alkira acquisition to accelerate digital capabilities. The company raised 2026 free cash flow guidance to $1.9B-$2.1B from $1.2B-$1.4B, reflecting divestiture proceeds. We expect business revenue to inflect to growth in 2028 as Strategic revenues become dominant, and we will look for NaaS adoption metrics as leading indicators of digital transformation progress.

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Wire

Lumen Technologies to Provide Network Connectivity for Amazon Web Services Interconnect - Last Mile

Lumen Technologies (LUMN) said Wednesday it has collaborated with Amazon.com's (AMZN) Amazon Web Services to offer network connectivity for AWS Interconnect - last mile.The company said it will provide the connectivity through Lumen Cloud Interconnect, using its last-mile and metro network infrastructure.The partnership combines the AWS cloud and operational model with Lumen's digital network platform and network infrastructure, according to the company.Lumen said the new connectivity is now available to enterprise customers in the United States.Lumen's stock was up over 6.0% in Wednesday premarket trading.

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