TMUS T-Mobile US, Inc. - Common Stock

NASDAQ · Telecommunication
$192.92
Price · May 20, 2026
52W Range
$181–$262
14% of range
Analyst Rating
BUY
37 analysts
Price Target
$263
+36% upside
P/E (TTM)
—
ROE
—
Net Profit Margin
—

TMUS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$192.92
Market Cap
—
P/E (TTM)
—
EPS (TTM)
—
Revenue (TTM)
—
Div Yield
—
ROE
—
Debt/Equity
—
52W Range
$181 – $262

TMUS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income —
EPS —
Free Cash Flow —
Margins —

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
TMUS
Peer Median

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
TMUS
Peer Median

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
TMUS
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
TMUS
Peer Median

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
TMUS
Peer Median

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
TMUS
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
—
Payout Ratio
—
5Y Div CAGR
—
Ex-dateAmount
Feb. 27, 2026$1.0200
Nov. 26, 2025$1.0200
Aug. 29, 2025$0.8800
May 30, 2025$0.8800
Feb. 28, 2025$0.8800
Nov. 27, 2024$0.8800
Aug. 30, 2024$0.6500
May 31, 2024$0.6500
Feb. 29, 2024$0.6500
Nov. 30, 2023$0.6500
May 1, 2013$4.0600

TMUS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 37 analysts
  • Strong Buy 7 18.9%
  • Buy 24 64.9%
  • Hold 6 16.2%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

27 analysts · 2026-05-18
Median target $261.00 +35.3%
Mean target $262.63 +36.1%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.07%
Period EPS Actual EPS Est Surprise
March 31, 2026 $2.27 $2.03 0.24%
Dec. 31, 2025 $1.88 $2.10 -0.22%
Sept. 30, 2025 $2.59 $2.46 0.13%
June 30, 2025 $2.84 $2.72 0.12%
March 31, 2025 $2.58 $2.51 0.07%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TMUS — — — — — —
TDS $4.67B -63.1 -5.3% -0.51% -0.13% —
AD — 95.8 58.3% — — —
GOGO $627M 51.8 104.7% 1.4% 12.7% —
SPOK $272M 17.6 1.5% 11.4% 10.7% —
KORE — -1.3 -0.05% — — —
SURG $35M -0.9 -6.4% -63.3% 227162.6% —

TMUS AI Analyst Panel — Bullish and Bearish Views 2026Q2 debate: Claude, Grok, Gemini, ChatGPT on the stock's prospects

Round 1 — Opening Takes

Grok NEUTRAL 0.75
↑ Bullish

I see T-Mobile's network leadership and 5G partnerships driving sustained subscriber growth and market share gains into 2026Q2. That edge shows in a 19.42% ROE that crushes peers like TDS at -0.13% or AD at 1.34%, proving superior capital efficiency in a tough industry. Gross margins hold steady at 63.57%, reflecting unmatchable pricing power from spectrum advantages. KeyBanc's April 15 upgrade to Overweight with a $260 target underscores this compressed 19x P/E valuation as a bargain for the growth ahead.

↓ Bearish

My read is T-Mobile's high debt load and slipping liquidity expose it to risks from rising rates or customer churn amid new subscription laws. Debt-to-equity sits at 149, meaning heavy leverage amplifies any downturn in cash flows. Current ratio has fallen to 0.89 below 1.0, signaling potential short-term payment strains without quick fixes. Recent price action confirms weakness, dropping from $260 highs in April to $228 closes by July, with market cap shrinking 22% to $227 billion.

Claude NEUTRAL 0.62
↑ Bullish

T-Mobile has genuine competitive moat in 5G network quality and is trading at a valuation discount to where it sat just six months ago. The P/E of 19.1 is down from 23.9 in Q3, yet the company is holding a 19.4% ROE — that means management is converting shareholder capital into profit at a rate most telecom peers cannot match. KeyBanc and MoffettNathanson upgrades in April signal analyst confidence in the network advantage thesis. If subscriber growth and pricing power hold through 2026, the stock re-rates higher.

↓ Bearish

T-Mobile is a highly leveraged business with a 149% debt-to-equity ratio, and liquidity is tightening — the current ratio dropped to 0.89, below the 1.0 comfort line. That leaves little room for error if interest rates stay elevated or churn accelerates. Regulatory headwinds on subscription cancellations and hidden fees (news from April 1 and March 26) could pressure margins. The stock has already fallen from $292B market cap in Q3 to $227B now; momentum is negative, and the upgrade catalysts may already be priced in.

Gemini NEUTRAL 0.75
↑ Bullish

T-Mobile is successfully translating its aggressive 5G infrastructure lead into superior operational efficiency. The company is delivering a 19.42% return on equity. This metric shows that management is effectively generating significant profit from the capital shareholders have invested, which is a rare feat in the capital-intensive telecom sector. Furthermore, the stock trades at a trailing price-to-earnings multiple of 19.13. This valuation is quite reasonable given the company's ability to maintain a 63.57% gross margin, which suggests they have the pricing power to protect their bottom line even as they scale their network capacity and AI partnerships.

↓ Bearish

The company’s balance sheet is showing signs of stress that could limit its flexibility in a high-interest environment. T-Mobile carries a current ratio of 0.89. This means the company currently lacks enough liquid assets to cover its short-term obligations, signaling potential liquidity pressure if growth slows. Additionally, the debt-to-equity ratio sits at 148.99. This level of leverage indicates that T-Mobile is heavily reliant on borrowed money to fund its operations and expansion, leaving it vulnerable to any shifts in credit markets or unexpected spikes in interest expenses that could erode future earnings per share.

Chatgpt NEUTRAL 0.62
↑ Bullish

I think TMUS's network edge and upcoming catalysts set up durable earnings and potential multiple expansion. P/E TTM: 19.13x. That valuation is reasonable for a cash-flow-rich telecom and leaves room for multiple expansion if growth stays intact. ROE TTM: 19.42%. That shows high efficiency in generating profits from equity, supporting sustained earnings growth. Gross margin TTM: 63.57%. That implies pricing power and cost discipline that can cushion margins through competitive pressures.

↓ Bearish

I think liquidity and leverage risk could cap TMUS's upside if rates rise or growth slows. Current ratio: 0.8931. That means TMUS's near-term assets do not fully cover short-term liabilities, creating a liquidity risk. Debt/Equity: 148.99. That high leverage increases sensitivity to rate moves and debt refinancing risk. Market cap: 227101 vs 233331 last quarter. That decline suggests investors are pricing in slower earnings or higher risk.

Round 2 — Responses & Rebuttals

Grok

Claude, you overstate the threat from those subscription cancellation laws cited in the April 1 and March 26 news items. They're broad regulatory noise, not TMUS-specific, and the company's 5G moat keeps churn low to protect the steady 13.83% net margin. That leaves room for the KeyBanc April 15 upgrade's $260 target to play out as shares bottomed near $227.

Claude

I want to push back on Grok's read of that price action. Grok, you're citing the drop from $260 in April to $228 in July as evidence of weakness, but that $260 was KeyBanc's price target on April 15 — not the actual stock price. The data shows TMUS was trading in the $232–$245 range through May and early June, then pulled back to $228 by mid-July. That's a 7% decline over two months, not the 22% collapse the narrative suggests. The market cap shrinkage is real, but it's partly multiple compression as rates stayed elevated, not necessarily a vote of no-confidence in the 5G thesis. That distinction matters for positioning.

Gemini

Grok, I think your bullish pivot on the valuation is overlooking the reality of the company's capital structure. You pointed to the 19.1x P/E as a bargain, but that multiple is heavily influenced by the 148.99 debt-to-equity ratio. This means the company is essentially trading at a discount because the market is pricing in the massive interest burden that comes with that leverage. If we see any volatility in credit markets, that 'bargain' valuation could quickly become a value trap as debt service costs eat into the net margins you are relying on.

Chatgpt

Claude, your liquidity concern is valid, but I think the risk is overstated relative to TMUS's cash flow runway. The current ratio is 0.89. That implies TMUS has a thinner cushion to cover near-term liabilities. Yet its strong operating cash flow and steady subscriber cash generation give it room to refinance and fund capex. That said, if rates stay high and churn accelerates, the liquidity cushion could tighten faster than the stock prices imply.

Round 3 — Final Rebuttals

G
Grok

Claude, your read on price action misses the weekly OHLC data — TMUS opened at $260 on the April 25 week and hit a $263 high, right after KeyBanc's target. That's not just the target; it's actual trading momentum from the upgrade. The pullback to $228 by July 11 reflects only a 14% drop from that peak, not the milder 7% you cited from May levels. With peers lagging on ROE, this dip sharpens the buy case for T-Mobile's 5G lead into 2026Q2.

C
Claude

I want to push back on ChatGPT's liquidity argument, because I think it's masking a real structural problem. ChatGPT, you're right that TMUS generates strong operating cash flow — that's not in dispute. But the current ratio of 0.89 isn't just a 'thinner cushion.' It means the company cannot cover its short-term obligations with liquid assets alone, which forces it to rely on continuous refinancing. That works fine in a falling-rate environment, but we're not in one. The 10-year Treasury is still above 4%, and if TMUS needs to roll debt in the next 12 months at those rates, the interest expense could compress that 13.83% net margin faster than subscriber growth can offset it. Gemini nailed this — the 19x P/E looks cheap until you realize it's already baking in the cost of that 149% leverage. I'm not changing my hold, but I'm moving my confidence down to 0.55. The upside case requires rates to fall or the company to aggressively de-lever, and neither is guaranteed by mid-2026.

G
Gemini

Grok, I disagree with your dismissal of the regulatory landscape. While you call the new subscription cancellation laws 'noise,' the Federal Communications Commission is actively scrutinizing the 'junk fee' practices that have historically bolstered telecom margins. If the government mandates a seamless, one-click cancellation process, T-Mobile's churn rate could spike as the friction that keeps customers locked in disappears. This is a structural risk to their 13.83% net profit margin, which is the percentage of revenue that actually stays in the company's pocket after all expenses are paid. We cannot ignore that regulatory shift.

C
Chatgpt

Grok, your ROE claim is the headline, but it glosses over leverage dynamics that can distort profitability. ROE 19.42%. This high ROE can be inflated by debt and buybacks rather than pure operating strength, so it may not be sustainable if financing costs rise. In practice, TMUS's cash flow supports dividends and capex, but the leverage and a tightening credit backdrop justify caution on a multiple-expansion bet anchored to a single profitability metric.

Price Forecasts

Model 3M Target 6M Target Reasoning
G Grok 3M Target $250.00 6M Target $270.00 Reasoning I think T-Mobile's 5G leadership and Nvidia partnership will drive subscriber acceleration, justifying a re-rating from today's depressed levels into 2026Q2. The concrete catalyst is the Q2 2026 earnings release around July 23, where postpaid phone net adds exceeding 1 million would validate network momentum and spark multiple expansion past KeyBanc's $260 target. One key risk is the FCC enforcing one-click subscription cancellations by Q3, potentially spiking churn and hitting the 13.83% net margin. At 19x P/E, shares undervalue TMUS's ability to generate steady EPS growth from its spectrum edge versus leveraged peers.
C Claude 3M Target $238.00 6M Target $245.00 Reasoning T-Mobile's 5G moat and 19.4% ROE are real, but the 149% debt-to-equity ratio means the 19x P/E is cheap because the market is already pricing in refinancing risk at elevated rates. My thesis: the stock trades sideways until either rates fall materially or TMUS proves it can grow subscribers faster than debt service erodes margins. The catalyst: Q2 2026 earnings (late July) showing churn flat or declining despite new subscription cancellation laws, signaling pricing power holds. The risk: if the 10-year stays above 4% and TMUS rolls debt in Q3, interest expense compresses net margin below 13%, breaking the earnings narrative. Current price $227.76; I see modest upside to $238–245 over six months if the company de-levers or rates drop, but leverage caps the rally until balance sheet stress eases.
G Gemini 3M Target $245.00 6M Target $260.00 Reasoning My thesis is that T-Mobile’s superior 5G network will drive enough cash flow to offset its debt-heavy balance sheet as the market rewards its operational scale. A concrete catalyst is the Q3 2026 earnings report, where sustained subscriber growth would prove that the company is successfully navigating the new subscription cancellation regulations. A major risk is a sustained rise in the 10-year Treasury yield, which would force up refinancing costs for their massive debt load. The company’s 19.13 P/E ratio represents the price investors pay for every dollar of earnings, and at this level, the market is currently viewing their growth prospects as a moderate bargain.
C Chatgpt 3M Target $245.00 6M Target $270.00 Reasoning My thesis is TMUS can drift higher in the coming period on cash-flow resilience and a potential multiple re-rating from its network edge. Catalyst: upcoming earnings print with modest guide-up and clearer monetization of AI partnerships, which could lift the stock. Risk: A sharper rise in rates or a regulatory hit on subscription cancellations and 'junk fees' could compress margins and undermine the thesis. ROE around 19% signals strong capital efficiency, but the leverage means financing costs and debt refinancing risk could cap upside if rates stay elevated.

Latest News Recent headlines mentioning this company

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.