Raymond James upgrades T-Mobile US stock before earnings
Published on 10/21/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view before earnings
- Raymond James upgraded T-Mobile US to Outperform and set a USD 170.00 target on October 12, 2026.
- Second-quarter revenue reached USD 22.79 billion, up 7.9 percent year over year.
- T-Mobile US stock was trading at EUR 139.41 at 11:20 a.m. CEST at Lang & Schwarz on October 21, 2026.
T-Mobile US (ISIN US8725901040) stock is trading at EUR 139.41 at Lang & Schwarz on October 21, 2026, as investors approach the company's third-quarter results. MarketBeat reported that Raymond James upgraded T-Mobile US from Market Perform to Outperform on October 12, 2026, and set a USD 170.00 price target.
What changed before results?
The upgrade gives the stock an analyst catalyst ahead of the next operating update. The report cited a reassessment of wireless competition, while the upcoming release will show whether T-Mobile's operating performance is keeping pace with expectations.
Three dated signals for the stock
On July 23, 2026, T-Mobile reported second-quarter revenue of USD 22.79 billion and diluted earnings per share of USD 2.99, according to MarketBeat. Revenue increased 7.9 percent year over year, while earnings per share exceeded the USD 2.59 consensus by USD 0.40.
On October 12, 2026, Raymond James raised its rating from Market Perform to Outperform and assigned a USD 170.00 target, as MarketBeat reported. On October 21, 2026, the company was expected to report third-quarter results on October 28, with consensus estimates of USD 2.89 in earnings per share and USD 23.15 billion in revenue, according to MarketBeat.
What does the target imply?
The USD 170.00 target sits above the latest US market reference of USD 157.75 on October 20, 2026, while the primary exchange is Nasdaq. T-Mobile's second-quarter revenue growth and USD 2.99 adjusted earnings per share provide the immediate operating benchmarks for the next report.
Upcoming dates and income
The next scheduled reporting date is October 28, 2026, before the market opens, with an earnings call scheduled for October 29, 2026, at 8:00 a.m. ET, according to MarketBeat. The next ex-dividend date is November 25, 2026, and the quarterly dividend is USD 1.17 per share.
Stock enters the results window
The immediate test is whether third-quarter revenue can approach the USD 23.15 billion consensus while earnings remain above the USD 2.89 estimate. At Lang & Schwarz, T-Mobile US stock was trading at EUR 139.41 on October 21, 2026, at 11:20 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of T-Mobile US stock.
T-Mobile US stock facts
- Company: T-Mobile US, Inc.
- ISIN: US8725901040
- Ticker: TMUS
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 21, 2026, 11:20 a.m. CEST): EUR 139.41
- Market capitalization: USD 169.2 billion (as of October 20, 2026)
- 52-week range: USD 147.90-227.89 (as of October 20, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
