LUMN
Lumen Technologies, Inc.
LUMN has lower modeled downside risk, despite its lower overall score.
RDDT
Reddit, Inc.
RDDT has the edge over LUMN overall, supported by stronger fundamentals and stronger modeled upside.
LUMN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Weak | |
| Weak |
LUMN's profitability is currently stable, but its revenue, cash flow and balance sheet are under pressure.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
LUMN PE Valuation
LUMN has no meaningful PE right now: it lost money over the past year.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
LUMN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect LUMN's losses to shrink, with revenue declining.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over LUMN on the outlook, with more favorable revenue expectations.
LUMN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.67 | +$0.99 |
| Q2 2026 | -$1.03 | +$0.16 |
| Q1 2026 | -$1.75 | -$1.43 |
| Q4 2025 | -$1.75 | -$1.69 |
| Q3 2025 | -$1.66 | +$0.52 |
| Q2 2025 | -$1.19 | +$0.92 |
| Q1 2025 | -$0.32 | +$10.62 |
| Q4 2024 | -$0.06 | +$10.42 |
RDDT has the stronger earnings trend. Trailing diluted EPS is down 140% for LUMN versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
LUMN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.7B | -12% |
| Q2 2026 | $2.8B | -9.3% |
| Q1 2026 | $2.9B | -8.9% |
| Q4 2025 | $3B | -8.7% |
| Q3 2025 | $3.1B | -4.2% |
| Q2 2025 | $3.1B | -5.4% |
| Q1 2025 | $3.2B | -3.3% |
| Q4 2024 | $3.3B | -5.3% |
LUMN's revenue has slid since its 2019 peak: $2.7B last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -6.2% | -2.4 points |
| Q2 2026 | -3.1% | +16 points |
| Q1 2026 | 21% | +17 points |
| Q4 2025 | -6.6% | -11 points |
| Q3 2025 | -3.8% | -7.7 points |
| Q2 2025 | -20% | -24 points |
| Q1 2025 | 3.4% | +2 points |
| Q4 2024 | 4.6% | +55 points |
LUMN's operating margin was −6.2% last quarter, down 2.4 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over LUMN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over LUMN on profitability, with a higher operating margin.
LUMN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$354M | -124% |
| Q2 2026 | $69M | +$390M |
| Q1 2026 | $380M | +25% |
| Q4 2025 | -$1.1B | -$855M |
| Q3 2025 | $1.5B | +24% |
| Q2 2025 | -$321M | -$79M |
| Q1 2025 | $304M | -22% |
| Q4 2024 | -$227M | -$190M |
LUMN's free cash flow has turned negative after years in the green: −$987M over the past year.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over LUMN on cash generation, producing positive trailing cash flow while its opponent burns cash.
LUMN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +669K shares |
| 1 year | +0.9% | +8.8M shares |
| 3 years | +2.2% | +21.2M shares |
| 5 years | -6% | -64.4M shares |
| Available history | -6.2% | -66.7M shares |
LUMN has 1B diluted shares, up 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | $200M |
| Q4 2021 | $91M |
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over LUMN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
LUMN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.3x | High |
| Q2 2026 | 3.9x | Elevated |
| Q1 2026 | 4.8x | High |
| Q4 2025 | 8.5x | High |
| Q3 2025 | 6.4x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 4.6x | High |
| Q4 2024 | 4.7x | High |
LUMN's net debt is about 4.3 years of its operating earnings (EBITDA), down from 6.4 years a year ago.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over LUMN on leverage, with a lower net debt burden relative to earnings.
LUMN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.2 | Neutral |
| Stochastic | 11.7 | Oversold |
LUMN's weekly RSI is 34 (neutral) and its Stochastic is 12 (oversold).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
LUMN PE vs Communication Services Sector
| Metric | LUMN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
LUMN has no meaningful PE right now: it lost money over the past year.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT is trading at 20x earnings, a 23% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
LUMN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.88 | 15% below |
| 20 week MA | $5.81 | 28% below |
| 50 week MA | $7.24 | 42% below |
| 100 week MA | $6.23 | 33% below |
| 200 week MA | $4.53 | 7.9% below |
RDDT has stronger trend alignment. LUMN is above 0 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
LUMN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.4 | $9.86 | -27% |
| 2021 | $9.86 | $12.8 | +30% |
| 2022 | $12.8 | $5.24 | -59% |
| 2023 | $5.24 | $1.83 | -65% |
| 2024 | $1.83 | $5.49 | +200% |
| 2025 | $5.49 | $7.69 | +40% |
| 2026 YTD | $7.69 | $4.17 | -46% |
LUMN has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.