Lumen Technologies stock trades at EUR 4.90 before Nasdaq move

Published on 09/30/2026 at 08:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lumen Technologies stock was at EUR 4.90 at Lang & Schwarz on September 30, 2026, plus 0.20 percent versus EUR 4.89. Nasdaq trading starts October 6.

LUMN, US5502411037, Illustration mit AI erstellt.

Lumen Technologies (ISIN US5502411037) was trading at EUR 4.90 at Lang & Schwarz on September 30, 2026, at 8:09 a.m. CEST, up 0.20 percent versus the prior close of EUR 4.89. The company is preparing to transfer its common-stock listing from the NYSE to Nasdaq, giving the market a clear date to watch.

Nasdaq transfer starts October 6

According to Lumen on September 25, 2026, the company expects its shares to leave the NYSE after the close on October 5 and begin trading on Nasdaq at the opening on October 6. The ticker is expected to remain LUMN, while the company said the transfer should not affect operations, financial condition or reporting obligations.

Reuters reported on September 25, 2026, that Lumen views Nasdaq as a better fit for its technology-focused business as it expands networking services for artificial intelligence customers. The change is therefore mainly a listing and investor-access event, not an alteration to the underlying business.

Q2 revenue fell 9.30 percent

StockTitan reported that Lumen's Q2 2026 revenue was USD 2.805 billion, down from USD 3.092 billion in the prior-year quarter. The same report showed a net loss of USD 201.0 million, or USD 0.20 per diluted share, compared with a net loss of USD 915.0 million, or USD 0.92 per share, in the prior-year quarter.

MarketBeat said on September 21, 2026, that adjusted Q2 earnings per share were a loss of USD 0.07 versus a consensus loss of USD 0.13. Revenue also exceeded the USD 2.74 billion consensus estimate, although the 9.30 percent annual decline keeps the turnaround dependent on growth in higher-value enterprise services.

Analysts remain cautious

MarketBeat reported a consensus Reduce rating from ten brokerages on September 21, 2026, with one sell rating and nine hold ratings. The average 12-month price target was USD 7.86, while the USD 5.7 billion market capitalization was measured on September 29, 2026.

Pre-market quote at EUR 4.90

Lumen stock was trading at EUR 4.90 at Lang & Schwarz on September 30, 2026, at 8:09 a.m. CEST, plus 0.20 percent versus the Lang & Schwarz prior close of EUR 4.89 on September 29, 2026. The stock remains listed on the NYSE ahead of the planned Nasdaq opening on October 6.