Why Lumen Stock Is Jumping Today

From Nasdaq: 2025-02-26 15:38:32

Lumen (NYSE: LUMN) stock surged 16% today, now up 5.5% at 3 p.m. ET, driven by bullish analyst coverage and AI stock momentum ahead of Nvidia’s Q4 report. Citi upgraded Lumen to a buy with a $6.50 price target, anticipating continued growth in private-connectivity-fabric sales supporting AI infrastructure. Despite volatility, Lumen’s stock has gained 448% in the last year. While uncertainties remain, opportunities for growth catalysts in AI data centers suggest potential upside for the stock. For more insights and expert recommendations on lucrative investment opportunities, sign up for free Morning news alerts.



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