JPMorgan Chase & Co. Cuts T-Mobile US (NASDAQ:TMUS) Price Target to $260.00

T-Mobile US (NASDAQ:TMUS) had its price objective decreased by JPMorgan Chase & Co. from $275.00 to $260.00 in a research note released on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the Wireless communications provider’s stock.

A number of other research analysts have also weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of T-Mobile US in a report on Friday, September 11th. Barclays decreased their target price on T-Mobile US from $230.00 to $215.00 and set an “overweight” rating for the company in a report on Friday, July 24th. KeyCorp dropped their target price on T-Mobile US from $260.00 to $250.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Royal Bank Of Canada cut their price target on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Finally, Scotiabank reduced their price target on shares of T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating for the company in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $251.48.

T-Mobile US Price Performance

Shares of TMUS opened at $165.66 on Monday. The firm has a market capitalization of $177.70 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.04 and a beta of 0.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. T-Mobile US has a 1-year low of $161.14 and a 1-year high of $242.37. The company’s fifty day moving average price is $179.69 and its 200-day moving average price is $188.35.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The company had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. During the same quarter last year, the business posted $2.84 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. On average, equities research analysts predict that T-Mobile US will post 10.82 EPS for the current year.

Insider Buying and Selling

In other news, CAO Daniel James Drobac sold 772 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the sale, the chief accounting officer owned 35,118 shares of the company’s stock, valued at $6,262,592.94. This trade represents a 2.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Several large investors have recently made changes to their positions in TMUS. Main Street Group LTD acquired a new stake in T-Mobile US during the first quarter valued at $25,000. Paladin Partners LLC acquired a new position in shares of T-Mobile US in the second quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in shares of T-Mobile US during the 2nd quarter worth about $27,000. Highland Investment Advisors LLC purchased a new stake in shares of T-Mobile US during the 2nd quarter worth about $30,000. Finally, Sachetta LLC grew its position in shares of T-Mobile US by 52.9% during the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after acquiring an additional 55 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting T-Mobile US

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

• Positive Sentiment: Options traders showed increased optimism, purchasing 14,033 call contracts—about 61% above the recent average. This suggests elevated short-term bullish interest, although options activity is not necessarily a fundamental signal.
• Positive Sentiment: T-Mobile and India’s Jio reported the first 5G Standalone roaming connection between their networks. The technology could support lower-latency consumer and enterprise applications for travelers and strengthen T-Mobile’s positioning in advanced wireless services. T-Mobile US Reaches First 5G Standalone Roaming Milestone
• Positive Sentiment: MoffettNathanson raised its price target to $246 from $242 while maintaining a Buy rating, reinforcing the view that the recent weakness may offer upside potential. MoffettNathanson Adjusts Price Target
• Neutral Sentiment: Recent value-investing coverage is focused on T-Mobile’s earnings estimates, revisions, valuation, growth and momentum factors, but does not represent a new company-specific catalyst. Should Value Investors Buy T-Mobile US Stock?
• Negative Sentiment: JPMorgan reportedly lowered its T-Mobile price target to $260, contributing to selling pressure, although the firm continues to rate the shares Buy. T-Mobile US Stock Falls as JPMorgan Cuts Target
• Negative Sentiment: Coverage has also highlighted wireless-subscriber trends and telecom-sector stability, suggesting investors remain concerned about the durability of customer growth and competitive conditions.

T-Mobile US Company Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States. Its offerings include postpaid and prepaid wireless plans, connected devices, smartphones, accessories and related communications services.

The company operates its consumer business primarily under the T-Mobile and Metro by T-Mobile brands. It also provides fixed wireless broadband, which uses its wireless network to deliver internet access to homes and businesses, as well as specialized connectivity services for connected devices and other applications.

T-Mobile US operates a nationwide wireless network, including a broad 5G network, and serves customers throughout the United States, including Puerto Rico and the U.S.