Lumen Stock Prediction – Lumen Technologies, Inc. is an investment holding company that provides integrated communications services to both residential and commercial users. It operates in the following segments: Business and mass markets. The business division offers products and services to enterprise and commercial customers through four different sales channels.
About the Company – Lumen Technologies
An investment holding firm called Lumen Technologies, Inc. provides integrated communications services to both residential and commercial clients. It functions via the subsequent segments: Markets for Mass Markets and Business. The business segment offers enterprise and commercial clients goods and services through four different sales channels. The Mass Markets division caters to small business and consumer clients. The business was established in 1930, and its main office is in Monroe, Louisiana.
Products and services are supplied directly to small and medium-sized businesses by the Small and Medium Business division, as well as through indirect channel partners. The Wholesale section offers goods and services to various other communication providers in the voice, data center, cable, wireless, and wireline sectors. Residential clients are served by the products and services offered by the Consumer Segment.
Overview of LUMN Stock
- Market Cap – $6.2B
- Current Price – $ 6.15
- High / Low – $ 5.59/ 6.28
- 52 week Low – $ 0.78
- 52 week high – $7.83
- Stock P/E – -3
- P/B – 13.40
- Book Value – 2.26
- Dividend Yield -19.84%
- ROE – NA
LUMN Stock Price Prediction 2024 To 2030
The most recent long-term prediction states that the price of lumen will reach $12 by the end of 2024 and $15 by the end of 2025. The lumen will increase to $17 in 2026, $20 in 2027, $25 in 2029, and $30 in 2030.
|
Year |
Stock Price Prediction |
| 2024 | $12.91 |
| 2025 | $15.58 |
| 2026 | $17.33 |
| 2027 | $22.48 |
| 2028 | $24.66 |
| 2029 | $27.31 |
| 2030 | $30.99 |
How to purchase LUMN Stock Price
In addition to using Zerodha, Upstox, Groww, and Angel One, you can purchase Lumen shares through a number of buying and trading platforms.
Peer Companies of LUMN
- Frontier Communications Parent Inc.
- Cogent Communications Holdings Inc.
- Liberty Latin America Ltd.
- IDT Corporation
Investor Type & Ratios for LUMN Stock
Lumen Technologies (LUMN) stock is owned by a combination of institutional, retail, and individual investors. Institutional investors own around 63.24% of the company’s shares.
- Insiders – 14.02%
- Mutual Funds – 28.63%
- Other Institutional Investors- 34.61%
- Public Companies – 22.74%
