
Lumine Group Inc. has experienced fluctuations in its stock performance this week, reflecting broader market sentiments and company-specific developments.
This week, Lumine Group Inc. (LMN.V) saw its stock close at C$21.86, marking a modest increase of 0.79% on Friday, although it has declined by 3.41% over the past week. The company recently made headlines with the launch of a new AI-enabled solution aimed at enhancing its operational capabilities in the broadband sector.
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Lumine Group Inc.
LMN.V
LMN.V
Lumine Group Inc.
Market cap
$5.24B
P/E
34.0x
52W high
$43.00
52W low
$17.77
1W change
-3.41%
Beta
0.70
Analyst Price Targets
Based on analyst covering LMN · as of Sep 17, 2026
Wall Street analysts forecast LMN stock price to rise 104.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$41.75
+104.7% Upside
Current Price
C$20.40
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on LMN's historical volatility
30-Day Vol
32.7%
Annualized
90-Day Vol
43.2%
Annualized
Trend (90d)
-34.6%
Annualized drift
90d Mean
C$18.03
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$19.58 | C$17.49 – C$21.91 |
| 60 trading days | C$18.79 | C$16.02 – C$22.03 |
| 90 trading days | C$18.03 | C$14.83 – C$21.92 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors may want to consider Lumine's recent product launch and its potential impact on future revenues, alongside the current technical indicators that suggest some volatility in its stock price.
C$21.86
Lumine's stock is currently trading at a 5.9% discount to its 50-day moving average and a 4.1% discount to its 200-day moving average, indicating a bearish trend in the short to medium term.
Bull case
The introduction of NEXA, an AI-enabled solution for automated broadband operations, could strengthen Lumine's position in the market and boost revenue growth in a competitive sector.
Bear case
Despite the growth potential, Lumine's stock has declined significantly year-to-date and is trading below its moving averages, suggesting challenges ahead.
Weekly Performance Overview
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Lumine Group Inc. (LMN.V) closed at C$21.86 on Friday, reflecting a slight gain of 0.79% for the day. However, over the past week, the stock has declined by 3.41%, and it has fallen significantly by 17.14% in the last month. Year-to-date, the stock has seen a notable decrease of 24.44%, raising questions about its near-term outlook.
Recent Company News
On September 28, Lumine Group announced the launch of NEXA, an AI-enabled solution designed to automate broadband operations. This development aims to streamline processes within the broadband sector and could potentially enhance Lumine's operational efficiency and market competitiveness.
Technical Picture
From a technical standpoint, Lumine's stock is currently trading below both its 50-day moving average (C$23.22) and its 200-day moving average (C$22.79), indicating bearish trends. The stock's 52-week range has been between C$17.77 and C$43.00, with current trading levels at approximately 16% of this range. The stock's beta of 0.70 suggests lower volatility compared to the market, while the recent trading volume of 141,276 shares is slightly above the 20-day average of 122,772 shares, indicating some investor interest.
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