Key Takeaways:
- T-Mobile US reports a notable earnings beat despite missing on subscriber growth expectations.
- Analyst price targets suggest potential for slight gains, while GuruFocus estimates indicate possible downside.
- T-Mobile maintains an "Outperform" rating among brokerage firms, reflecting positive market sentiment.
T-Mobile US (NASDAQ: TMUS) experienced mixed results in its first-quarter earnings report. While the company's postpaid phone net additions of 495,000 fell short of Wall Street's expectations of 506,557, robust earnings buoyed investor confidence. T-Mobile reported a net income of $2.95 billion, or $2.58 per share, surpassing estimates by 11 cents. Despite these solid earnings, revenue climbed 6.6% to $20.89 billion, beating consensus expectations by over $270 million, yet the stock saw a decline of over 5% following the release.
Wall Street Analysts Forecast
The latest insights from 25 analysts yield an average one-year price target for T-Mobile US Inc (TMUS, Financial) at $267.00, with high and low projections ranging from $300.00 to $202.99, respectively. This average price target suggests a potential upside of 1.84% from its current trading price of $262.18. For a deeper dive into these estimates, visit the T-Mobile US Inc (TMUS) Forecast page.
According to consensus data from 30 brokerage firms, T-Mobile currently holds an average recommendation of 2.2, which signifies an "Outperform" rating. This rating scale, ranging from 1 (Strong Buy) to 5 (Sell), reflects the generally positive outlook brokerage analysts have for T-Mobile's performance in the market.
From a valuation standpoint, GuruFocus estimates the GF Value for T-Mobile US Inc (TMUS, Financial) in the next year to be $172.74. This estimation implies a potential downside of 34.11% from the current market price of $262.18. The GF Value is derived from historical trading multiples, alongside assessments of past and projected business growth. For additional insights and analyses, explore the T-Mobile US Inc (TMUS) Summary page.
