Professional
Added to YB: 2024-08-28
Pitch date: 2024-08-27
LUMN [bearish]
Lumen Technologies, Inc.
-64.09%
current return
Author Info
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Company Info
Lumen Technologies, Inc., a networking company, provides integrated products and services to business and mass customers in the United States and internationally.
Market Cap
$7.8B
Pitch Price
$5.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.93
P/E
-4.54
EV/Sales
1.84
Sector
Diversified Telecommunication Services
Category
N/A
Lumen Technologies Faces Overvaluation Risk as AI Hype Fades and Fundamentals Deteriorate.
LUMN short: AI deals won't save dying telecom. $800M cash over 3yrs insufficient vs $19B debt. EBITDA -13%, guidance down. 'Grow' products shrinking -1% YoY. Uncompetitive vs leaders. Gartner demotes. 400% stock rise unjustified. Equity worthless as core biz deteriorates.
Read full article (2 min)