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Lumen Technologies' NaaS platform has surpassed 1,000 customers since its launch in late 2023. Analysts project a significant potential upside for Lumen Technologies stock, with an average target price of $5.17, indicating a 30.77% upside from its current trading price of $3.95. The current average brokerage recommendation is a "Hold" status.

Lumen Technologies (NYSE: LUMN) has achieved a significant milestone by surpassing 1,000 customers on its Network-as-a-Service (NaaS) platform since its launch in late 2023. The platform, designed to meet the growing demand for agile and scalable connectivity, has seen rapid adoption across various industries.

The NaaS platform offers instant speed, control, and scalability, enabling businesses to modernize their infrastructure without the complexity of legacy systems. It combines on-demand resources with advanced networking technologies, empowering enterprises to improve business agility and support next-gen digital experiences.

Ashley Haynes-Gaspar, Executive Vice President and Chief Revenue Officer of 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."

Analysts have projected a significant potential upside for Lumen Technologies stock. The average target price is $5.17, indicating a 30.77% upside from its current trading price of $3.95. The current average brokerage recommendation is a "Hold" status.

Lumen NaaS has been recognized as the 2024 NaaS Service Provider of the Year throughout North America [1]. It continues to expand, offering dynamic bandwidth and edge-to-core automation to help enterprises compete in an AI-driven economy.

References:
[1] https://www.businesswire.com/news/home/20250813331510/en/Lumen-Surpasses-1000-Customers-on-Network-as-a-Service-NaaS-Platform