Lumen Technologies (NYSE:LUMN) snapped after six consecutive sessions of losses, as the company’s shares closed 0.94% higher at $8.07 on Monday.
In the preceding six sessions, the company lost over 26.97%, compared to a 0.20% rise in the S&P 500 Index. However, shares of the company have gone down by over 52.73% compared to a gain of 14.49% in the broader S&P 500 Index in 2025.
The telecom and networking company reported Q3 non-GAAP EPS of -$0.20, beating consensus by $0.07, while revenue of $3.09 billion was $50 million higher than consensus.
The company shares slipped down on Friday, despite the company beating EPS as well as revenue estimates for the third quarter. Shares dropped as the company posted a wider net loss and ongoing revenue contraction.
Looking at Seeking Alpha’s Quant rating, LUMN has a Hold rating with a score of 3.38 out of 5. The company was rated D- for profitability, while it got a C for growth and an A+ for momentum.
Similarly, Wall Street analysts are reporting a Hold, with 2 rating it a Buy or above, 8 a Hold, and 1 considering it a Sell.
However, according to Seeking Alpha analyst Weebler Finance, LUMN is rated a strong Buy, stating that despite high debt, the stock trades at undervalued multiples with strong long-term upside, making it a compelling long-term investment.
He further states that LUMN has reshaped its balance sheet, divested declining assets, and is on a trajectory toward positive and growing free cash flow.
Similarly, Seeking Alpha analysts are bullish towards the stock, rating it a Buy.