Lumen Technologies Stock Soars 11.44% on CPI Report, New Contracts

Lumen Technologies' stock surged by 11.44% in pre-market trading on September 4, 2025, driven by a combination of macroeconomic factors and company-specific developments.

Lumen Technologies' stock rallied this week following the release of a lower-than-expected Consumer Price Index (CPI) report, which boosted investor sentiment. Additionally, the company announced a significant milestone for one of its key new products, further fueling the stock's upward momentum.

Another catalyst for Lumen's stock surge was the announcement of a new contract with a leading college sports conference. Under this agreement, Lumen will provide network-as-a-service (NaaS), leveraging its advanced technology to enhance the conference's network infrastructure.

Despite these positive developments, Lumen Technologies continues to face challenges, including ongoing revenue declines. The company's management has projected that revenue growth will not return to positive territory until 2029, a factor that has contributed to investor caution.

Lumen is actively transitioning from legacy services to growth areas such as Dark Fiber and SD WAN SASE. However, this transition has resulted in a decline in business segment revenues by approximately 3% in 2025, reflecting the challenges associated with shifting business models.