Lumen Technologies Exceeds 1,000 NaaS Customers, Analysts Project Significant Upside

Lumen Technologies (LUMN) has surpassed 1,000 customers for its Network-as-a-Service (NaaS) platform since its launch in late 2023. Analysts project a potential upside of 30.77% from its current trading price of $3.95, with an average one-year price target of $5.17. The current average brokerage recommendation suggests a "Hold" status, based on a comprehensive analysis of 13 brokerage firms' recommendations. The anticipated GF Value for Lumen Technologies stands at $2.99 for the upcoming year, hinting at a downside of 24.3% from its current price.

Lumen Technologies (LUMN) has surpassed 1,000 customers on its Network-as-a-Service (NaaS) platform since its launch in late 2023. This milestone underscores the growing demand for agile, scalable connectivity in the AI-driven economy. The NaaS platform offers instant speed, control, and scalability, helping enterprises modernize without the complexities of legacy infrastructure.

Ashley Haynes-Gaspar, Executive Vice President and Chief Revenue Officer at Lumen Technologies, commented, "This is a landmark milestone to observe as we continue to focus on what enterprises need, where the world is going, and where we lead. Lumen’s NaaS is built for the pace of modern business: fast, secure, scalable, and easy to use." [1]

The NaaS platform provides a comprehensive suite of services, combining instant, on-demand resources with advanced networking technologies. It empowers organizations to improve business agility, reduce operational overhead, and support next-gen digital experiences. Lumen equips enterprises with flexible, high-performance connectivity through a portfolio of innovative services and enables seamless access to hyperscalers such as AWS, Microsoft, and Google Cloud, as well as third-party data centers via strategically located cloud on-ramps. [1]

Since its launch, Lumen NaaS has been recognized as the 2024 NaaS Service Provider of the Year throughout North America and continues to expand throughout the U.S. [1]

Analysts project a potential upside of 30.77% from its current trading price of $3.95, with an average one-year price target of $5.17. The current average brokerage recommendation suggests a "Hold" status, based on a comprehensive analysis of 13 brokerage firms' recommendations. The anticipated GF Value for Lumen Technologies stands at $2.99 for the upcoming year, hinting at a downside of 24.3% from its current price. [2]

References:

[1] https://www.businesswire.com/news/home/20250813331510/en/Lumen-Surpasses-1000-Customers-on-Network-as-a-Service-NaaS-Platform
[2] https://www.morningstar.com/news/business-wire/20250813331510/lumen-surpasses-1000-customers-on-network-as-a-service-naas-platform