T-Mobile US (NASDAQ:TMUS) Price Target Cut to $230.00 by Analysts at Barclays

T-Mobile US (NASDAQ:TMUS) had its target price reduced by equities researchers at Barclays from $245.00 to $230.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the Wireless communications provider’s stock. Barclays‘s target price indicates a potential upside of 24.51% from the company’s previous close.

Several other research analysts also recently commented on TMUS. Scotiabank cut their price target on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a report on Wednesday, April 29th. Arete Research increased their price objective on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Freedom Capital raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Citigroup boosted their target price on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Finally, Oppenheimer upgraded T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 target price on the stock in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $255.76.

T-Mobile US Stock Up 1.6%

Shares of NASDAQ TMUS opened at $184.73 on Wednesday. The business has a 50-day simple moving average of $185.74 and a two-hundred day simple moving average of $196.87. T-Mobile US has a 52 week low of $165.66 and a 52 week high of $261.56. The company has a market cap of $199.91 billion, a P/E ratio of 19.65, a P/E/G ratio of 1.06 and a beta of 0.33. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the prior year, the firm posted $2.58 earnings per share. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. Research analysts anticipate that T-Mobile US will post 10.65 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Andre Almeida acquired 5,097 shares of the stock in a transaction dated Friday, May 1st. The shares were purchased at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the transaction, the insider owned 44,850 shares in the company, valued at $8,798,673. This represents a 12.82% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the sale, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. boosted its stake in T-Mobile US by 6.3% in the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after buying an additional 8,491 shares in the last quarter. Diversify Advisory Services LLC raised its stake in shares of T-Mobile US by 315.7% during the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after acquiring an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth approximately $375,000. Raymond James Financial Inc. lifted its holdings in shares of T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after acquiring an additional 9,568 shares during the last quarter. Finally, Viking Global Investors LP boosted its stake in shares of T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after purchasing an additional 1,279,422 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: Bank of America upgraded T-Mobile US (TMUS) to Buy and raised its price target to $220, signaling confidence in the stock’s upside after recent weakness. T-Mobile US (NASDAQ:TMUS) Rating Increased to Buy at Bank of America
• Positive Sentiment: Morgan Stanley reiterated an Overweight view, though it trimmed its target to $230, still implying meaningful upside versus the current share price. T-Mobile US had its price target lowered by Morgan Stanley
• Positive Sentiment: T-Mobile announced Chris Sambar as Chief Enterprise Officer, a move aimed at expanding its SMB, enterprise, and government businesses and supporting future growth. T-Mobile Appoints Chris Sambar Chief Enterprise Officer and Evolves Leadership Team
• Positive Sentiment: Analyst and media commentary continues to highlight T-Mobile’s relative strength versus telecom peers, including limited exposure to low-Earth-orbit competition and potential benefits from Dish Network’s bankruptcy. T-Mobile stands to benefit as rival files Chapter 11 bankruptcy
• Neutral Sentiment: Some articles frame T-Mobile as a top telecom idea or suggest it may be undervalued, but these are largely commentary pieces rather than new company-specific catalysts. T Mobile US (TMUS) Could Be 30% Below Fair Value Following Dish Bankruptcy
• Neutral Sentiment: Market discussion around legacy plan migrations and broader telecom competition points to a mix of revenue opportunities and churn risk, but the near-term stock impact is unclear. How T-Mobile US’ Legacy Plan Migration Balances Revenue Growth Against Customer Churn Risk
• Neutral Sentiment: BofA also noted T-Mobile’s strategic value and limited Starlink exposure, reinforcing a relatively favorable sector setup without adding a major new catalyst. T-Mobile US has High Strategic Partnership Value and Pricing Flexibility, BofA Says

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.