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Lumen Technologies, Inc. (LUMN) Stock Fundamental Analysis & AI Rating 2026

LUMN NYSE Telephone Communications (No Radiotelephone) LA CIK: 0000018926
Updated This Month • Analysis: Apr 1, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
88% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
84% Conf

📊 LUMN Key Takeaways

Revenue: $12.4B
Net Margin: -14.0%
Free Cash Flow: $371.0M
Current Ratio: 1.80x
Debt/Equity: N/A
EPS: $-1.75
AI Rating: STRONG SELL with 92% confidence
Lumen Technologies, Inc. (LUMN) receives a SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $12.4B, net profit margin of -14.0%, Lumen Technologies, Inc. demonstrates mixed fundamentals in the Telecom sector. Below is our complete LUMN stock analysis for 2026.

Is Lumen Technologies, Inc. (LUMN) a Good Investment?

Claude

Lumen Technologies exhibits severe financial distress with negative net income of $1.7B, negative stockholders' equity of -$1.1B indicating technical insolvency, and an operating margin of -6.5% despite revenue growth. The company faces critical solvency concerns with $17.4B in long-term debt against deteriorating profitability and negative interest coverage of -0.6x, suggesting inability to service debt obligations from operations.

ChatGPT

Lumen shows a meaningful top-line rebound and still generates positive operating cash flow, but that revenue growth is not translating into sustainable profitability. The balance sheet remains highly stressed, with negative stockholders' equity, heavy long-term debt, negative interest coverage, and only modest free cash flow after large capital spending. Fundamentally, this is a turnaround story with material execution and financial risk rather than a strong-quality business today.

Why Buy Lumen Technologies, Inc. Stock? LUMN Key Strengths

Claude
  • + Revenue growth of 9.5% YoY demonstrates underlying demand in core telecom services
  • + Positive operating cash flow of $4.7B provides near-term liquidity despite accounting losses
  • + Current ratio of 1.80x indicates adequate short-term liquidity to meet immediate obligations
ChatGPT
  • + Revenue growth of 9.5% YoY suggests improving demand or better business mix
  • + Operating cash flow of $4.74B indicates the core business still produces meaningful cash
  • + Current and quick ratios near 1.8x provide some near-term liquidity support

LUMN Stock Risks: Lumen Technologies, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$1.1B represents technical insolvency and balance sheet deterioration
  • ! Negative interest coverage of -0.6x indicates operating losses exceed interest expense, creating debt servicing risk
  • ! Negative net margin of -14.0% and operating margin of -6.5% show structural unprofitability despite revenue growth; company burns cash on operating basis after capital expenditures
ChatGPT
  • ! Negative operating margin and net margin show the business is still structurally unprofitable
  • ! Negative stockholders' equity and $17.35B of long-term debt point to weak financial health
  • ! Interest coverage of -0.6x and free cash flow margin of just 3.0% leave limited room for setbacks

Key Metrics to Watch

Claude
  • * Path to operating profitability and timeline to positive EBITDA margin
  • * Debt reduction progress and refinancing risks given negative interest coverage
  • * Free cash flow sustainability relative to $17.4B debt obligations and capital requirements
ChatGPT
  • * Free cash flow after capital expenditures
  • * Operating margin and interest coverage

Lumen Technologies, Inc. (LUMN) Financial Metrics & Key Ratios

Revenue
$12.4B
Net Income
$-1.7B
EPS (Diluted)
$-1.75
Free Cash Flow
$371.0M
Total Assets
$34.3B
Cash Position
$1.0B

💡 AI Analyst Insight

The relatively thin 3.0% FCF margin may limit capital allocation flexibility.

LUMN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -6.5%
Net Margin -14.0%
ROE N/A
ROA -5.1%
FCF Margin 3.0%

LUMN vs Telecom Sector: How Lumen Technologies, Inc. Compares

How Lumen Technologies, Inc. compares to Telecom sector averages

Net Margin
LUMN -14.0%
vs
Sector Avg 14.0%
LUMN Sector
ROE
LUMN 0.0%
vs
Sector Avg 15.0%
LUMN Sector
Current Ratio
LUMN 1.8x
vs
Sector Avg 1.0x
LUMN Sector
Debt/Equity
LUMN 0.0x
vs
Sector Avg 1.2x
LUMN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Lumen Technologies, Inc. Stock Overvalued? LUMN Valuation Analysis 2026

Based on fundamental analysis, Lumen Technologies, Inc. has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-14.0%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Lumen Technologies, Inc. Balance Sheet: LUMN Debt, Cash & Liquidity

Current Ratio
1.80x
Quick Ratio
1.79x
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
-0.63x
Long-term Debt
$17.4B

LUMN Revenue & Earnings Growth: 5-Year Financial Trend

LUMN 5-year financial data: Year 2021: Revenue $19.5B, Net Income -$5.3B, EPS $-4.92. Year 2022: Revenue $18.8B, Net Income -$1.2B, EPS $-1.14. Year 2023: Revenue $17.8B, Net Income $2.0B, EPS $1.91. Year 2024: Revenue $16.1B, Net Income -$1.5B, EPS $-1.54. Year 2025: Revenue $13.5B, Net Income -$10.3B, EPS $-10.48.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Lumen Technologies, Inc.'s revenue has declined by 31% over the 5-year period, indicating business contraction. The most recent EPS of $-10.48 indicates the company is currently unprofitable.

LUMN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
3.0%
Free cash flow / Revenue

LUMN Quarterly Earnings & Performance

Quarterly financial performance data for Lumen Technologies, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $2.8B -$140.0M $-0.14
Q2 2025 $2.9B $8.0M $0.01
Q1 2025 $2.9B $57.0M $0.06
Q3 2024 $3.0B -$78.0M $-0.08
Q2 2024 $3.0B $8.0M $0.01
Q1 2024 $3.1B $57.0M $0.06
Q3 2021 $4.4B $366.0M $0.34
Q2 2021 $4.5B $377.0M $0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Lumen Technologies, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.7B
Cash generated from operations
Capital Expenditures
$4.4B
Investment in assets
Dividends Paid
$1.0M
Returned to shareholders

LUMN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Lumen Technologies, Inc. (CIK: 0000018926)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 8-K d144157d8k.htm View →
Apr 16, 2026 8-K d135936d8k.htm View →
Apr 6, 2026 DEF 14A lumn-20260401.htm View →
Mar 17, 2026 8-K d106321d8k.htm View →
Mar 3, 2026 4 xslF345X05/wk-form4_1772574885.xml View →

Frequently Asked Questions about LUMN

What is the AI rating for LUMN?

Lumen Technologies, Inc. (LUMN) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LUMN's key strengths?

Claude: Revenue growth of 9.5% YoY demonstrates underlying demand in core telecom services. Positive operating cash flow of $4.7B provides near-term liquidity despite accounting losses. ChatGPT: Revenue growth of 9.5% YoY suggests improving demand or better business mix. Operating cash flow of $4.74B indicates the core business still produces meaningful cash.

What are the risks of investing in LUMN?

Claude: Negative stockholders' equity of -$1.1B represents technical insolvency and balance sheet deterioration. Negative interest coverage of -0.6x indicates operating losses exceed interest expense, creating debt servicing risk. ChatGPT: Negative operating margin and net margin show the business is still structurally unprofitable. Negative stockholders' equity and $17.35B of long-term debt point to weak financial health.

What is LUMN's revenue and growth?

Lumen Technologies, Inc. reported revenue of $12.4B.

Does LUMN pay dividends?

Lumen Technologies, Inc. pays dividends, with $1.0M distributed to shareholders in the trailing twelve months.

Where can I find LUMN SEC filings?

Official SEC filings for Lumen Technologies, Inc. (CIK: 0000018926) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LUMN's EPS?

Lumen Technologies, Inc. has a diluted EPS of $-1.75.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is LUMN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Lumen Technologies, Inc. has a SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is LUMN stock overvalued or undervalued?

Valuation metrics for LUMN: ROE of N/A (sector avg: 15%), net margin of -14.0% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy LUMN stock in 2026?

Our dual AI analysis gives Lumen Technologies, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is LUMN's free cash flow?

Lumen Technologies, Inc.'s operating cash flow is $4.7B, with capital expenditures of $4.4B. FCF margin is 3.0%.

How does LUMN compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -14.0% (avg: 14%), ROE N/A (avg: 15%), current ratio 1.80 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 1, 2026 | Data as of: 2025-12-31 | Powered by Claude AI