← Back to All US Stocks

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

LUMN NYSE Telephone Communications (No Radiotelephone) LA CIK: 0000018926
Updated This Month • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
86% Confidence
AGREEMENT
STRONG SELL
88% Conf
SELL
84% Conf

📊 LUMN Key Takeaways

Revenue: $2.9B
Net Margin: -6.9%
Free Cash Flow: $380.0M
Current Ratio: 0.99x
Debt/Equity: N/A
EPS: $-0.20
AI Rating: STRONG SELL with 88% confidence
Lumen Technologies, Inc. (LUMN) receives a SELL rating with 86% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.9B, net profit margin of -6.9%, 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 is technically insolvent with negative stockholders equity of -$1.3B and critically inadequate interest coverage of 0.5x, meaning operating income cannot cover debt service. Despite positive revenue growth and operating cash flow, the company is posting net losses of -$200M, has near-term liquidity challenges (current ratio 0.99x), and faces imminent solvency concerns that overshadow operational improvements.

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 growing 9.5% YoY demonstrating market demand
  • + Positive operating income of $602M with 20.8% operating margin
  • + Positive free cash flow of $380M providing near-term operational liquidity
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 -$1.3B indicates technical insolvency and balance sheet deterioration
  • ! Interest coverage ratio of 0.5x means operating income cannot service $12.9B debt obligations, creating default risk
  • ! Current ratio of 0.99x and negative net income of -$200M signal acute liquidity and solvency distress
  • ! Large gap between operating income and net income suggests unsustainable financing costs overwhelming operational profitability
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
  • * Stockholders equity trajectory and path to positive equity restoration
  • * Interest coverage ratio trend and debt service sustainability
  • * Net margin improvement and return to profitability
  • * Current ratio recovery and working capital management
  • * Long-term debt reduction and refinancing outcomes
ChatGPT
  • * Free cash flow after capital expenditures
  • * Operating margin and interest coverage

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

Revenue
$2.9B
Net Income
$-200.0M
EPS (Diluted)
$-0.20
Free Cash Flow
$380.0M
Total Assets
$30.6B
Cash Position
$1.6B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

LUMN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 20.8%
Net Margin -6.9%
ROE N/A
ROA -0.7%
FCF Margin 13.1%

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

How Lumen Technologies, Inc. compares to Telecom sector averages

Net Margin
LUMN -6.9%
vs
Sector Avg 14.0%
LUMN Sector
ROE
LUMN 0.0%
vs
Sector Avg 15.0%
LUMN Sector
Current Ratio
LUMN 1.0x
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
-6.9%
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
0.99x
Quick Ratio
0.98x
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
0.47x
Long-term Debt
$12.9B

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
13.1%
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
Q1 2026 $2.6B -$200.0M $-0.20
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

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
$1.3B
Cash generated from operations
Capital Expenditures
$943.0M
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
May 14, 2026 8-K d288326d8k.htm View →
May 12, 2026 8-K d937768d8k.htm View →
May 11, 2026 4 xslF345X06/wk-form4_1778533116.xml View →
May 7, 2026 8-K d12036d8k.htm View →
May 5, 2026 10-Q lumn-20260331.htm 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 86% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LUMN's key strengths?

Claude: Revenue growing 9.5% YoY demonstrating market demand. Positive operating income of $602M with 20.8% operating margin. 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 -$1.3B indicates technical insolvency and balance sheet deterioration. Interest coverage ratio of 0.5x means operating income cannot service $12.9B debt obligations, creating default 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 $2.9B.

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 $-0.20.

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 May 2026, Lumen Technologies, Inc. has a SELL rating with 86% 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 -6.9% (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 $1.3B, with capital expenditures of $943.0M. FCF margin is 13.1%.

How does LUMN compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -6.9% (avg: 14%), ROE N/A (avg: 15%), current ratio 0.99 (avg: 1).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% DT 92% DECK 92% DAVEW 92% ANET 88% RDDT 88% KNSL 88% MGRE 88%
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: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI