KeyCorp Upgrades T-Mobile US (NASDAQ:TMUS) to “Sector Weight”

T-Mobile US (NASDAQ:TMUS) was upgraded by equities researchers at KeyCorp from an “underweight” rating to a “sector weight” rating in a research note issued on Tuesday, MarketBeat Ratings reports. KeyCorp also issued estimates for T-Mobile US’s FY2025 earnings at $9.83 EPS, Q1 2026 earnings at $2.47 EPS, Q2 2026 earnings at $2.80 EPS, Q3 2026 earnings at $2.89 EPS, Q4 2026 earnings at $2.50 EPS and FY2026 earnings at $10.67 EPS.

A number of other equities research analysts also recently weighed in on TMUS. Wolfe Research cut their target price on T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Tuesday, September 30th. Scotiabank boosted their price objective on T-Mobile US from $271.50 to $278.00 and gave the stock a “sector outperform” rating in a research note on Monday, October 6th. DZ Bank restated a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft raised their target price on T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Finally, Morgan Stanley lowered their target price on T-Mobile US from $285.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average target price of $266.83.

T-Mobile US Stock Performance

Shares of TMUS opened at $208.51 on Tuesday. The firm has a market capitalization of $233.22 billion, a PE ratio of 20.05, a P/E/G ratio of 1.32 and a beta of 0.44. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The firm has a 50-day moving average price of $218.48 and a 200 day moving average price of $232.63. T-Mobile US has a 52-week low of $199.41 and a 52-week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. The company had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. T-Mobile US’s revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.61 EPS. On average, sell-side analysts anticipate that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

Insider Activity

In other news, Director G Michael Sievert sold 22,500 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the sale, the director owned 308,696 shares in the company, valued at $66,977,771.12. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael J. Katz sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $215.91, for a total transaction of $539,775.00. Following the completion of the transaction, the insider directly owned 156,203 shares of the company’s stock, valued at $33,725,789.73. This represents a 1.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,439,821 shares of company stock valued at $334,026,480 over the last ninety days. Corporate insiders own 0.37% of the company’s stock.

Institutional Trading of T-Mobile US

Several large investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of T-Mobile US during the second quarter valued at $1,477,780,000. Wellington Management Group LLP boosted its position in T-Mobile US by 47.5% during the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after acquiring an additional 4,335,368 shares during the period. Nuveen LLC acquired a new stake in T-Mobile US during the 1st quarter worth about $618,248,000. Marshall Wace LLP grew its stake in T-Mobile US by 2,303.2% during the 2nd quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock valued at $428,174,000 after acquiring an additional 1,878,654 shares in the last quarter. Finally, Viking Global Investors LP increased its holdings 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 during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.