Lumen Technologies Approves Reverse Stock Split at Meeting

An update from Lumen Technologies ( (LUMN) ) is now available.

At Lumen Technologies‘ Annual Meeting on May 13, 2025, shareholders voted on several key items. The board of directors was elected, KPMG LLP was ratified as the independent auditor for 2025, and a reverse stock split was approved. Additionally, amendments to the Articles of Incorporation were made, including lowering the threshold for calling special meetings and removing references to an unstaggered board. The approval of a reverse stock split allows the company to implement it before May 13, 2026, potentially impacting its stock structure and shareholder value.

The most recent analyst rating on (LUMN) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lumen Technologies stock, see the LUMN Stock Forecast page.

Spark’s Take on LUMN Stock

According to Spark, TipRanks’ AI Analyst, LUMN is a Neutral.

Lumen Technologies’ score reflects the company’s mixed financial health, with challenges in profitability and high leverage balanced by operational improvements and positive cash flow. Technical indicators suggest moderate momentum, but valuation concerns persist due to ongoing losses. Strategic initiatives and positive earnings call insights provide optimism, yet revenue declines and legacy product challenges temper the outlook.

To see Spark’s full report on LUMN stock, click here.

More about Lumen Technologies

Average Trading Volume: 12,910,084

Technical Sentiment Signal: Sell

Current Market Cap: $4.5B

See more insights into LUMN stock on TipRanks’ Stock Analysis page.