Raymond James upgrades T-Mobile US stock to Outperform with USD 170 target
Published on 10/13/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Raymond James upgraded T-Mobile US from Market Perform to Outperform on October 12, 2026, with a USD 170.00 target.
- T-Mobile US reported USD 22.79 billion revenue and USD 3.24 billion net income in the second quarter of 2026.
- The stock was quoted at EUR 136.48 at Lang & Schwarz on October 13, 2026, at 12:04 p.m. CEST.
- T-Mobile US will discuss third-quarter 2026 results on October 28, 2026.
T-Mobile US (ISIN US8725901040) was trading at EUR 136.48 at Lang & Schwarz on October 13, 2026, at 12:04 p.m. CEST. Fintel reports that Raymond James upgraded the company from Market Perform to Outperform on October 12, 2026, and set a USD 170.00 price target.
What does the upgrade change?
The analyst action followed a sharp selloff linked to concerns about SpaceX entering mobile connectivity. Markets Insider reported on October 12, 2026, that analyst Frank Louthan viewed the competitive threat as more than three years away and cited T-Mobile's spectrum and terrestrial network advantages.
The USD 170.00 target gives the rating change a concrete valuation marker, but it remains below the broader analyst average cited by Markets Insider at USD 226.14. That gap shows how sharply views differ after the competition shock, even as Raymond James judged the pullback excessive.
Second-quarter figures remain central
MarketBeat reported that T-Mobile US generated USD 22.79 billion of revenue in the second quarter of 2026, up 7.90 percent year over year, while earnings per share reached USD 2.99 versus a USD 2.59 consensus estimate. Net income was USD 3.24 billion for the same quarter.
Those figures provide the operating counterweight to the satellite competition debate. Revenue growth remained positive, but the next report will show whether subscriber trends and pricing actions can support that performance after the market repricing.
Three dated milestones
On July 23, 2026, T-Mobile US reported USD 22.79 billion of second-quarter revenue and USD 2.99 earnings per share, according to MarketBeat. On September 17, 2026, T-Mobile announced that its third-quarter earnings call would take place at 4:30 p.m. ET on October 28, 2026, according to T-Mobile. On October 12, 2026, Raymond James moved its rating from Market Perform to Outperform and set a USD 170.00 target, according to Fintel.
Next reporting date
T-Mobile scheduled the third-quarter 2026 earnings call for October 28, 2026, with the earnings release and investor materials due at approximately 4:05 p.m. ET. The date is the next concrete test of the growth and competitive concerns reflected in recent analyst actions.
EUR 136.48 at Lang & Schwarz
T-Mobile US was trading at EUR 136.48 at Lang & Schwarz on October 13, 2026, at 12:04 p.m. CEST. The primary listing is Nasdaq in USD, while the euro quote is the reference price for investors in Germany. 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 13, 2026, 12:04 p.m. CEST: EUR 136.48
- Market capitalization: USD 162.9 billion as of October 12, 2026
- 52-week range: USD 147.90-230.65 as of October 12, 2026
- Sector / Industry: Communication Services / Wireless Telecommunications
- Index membership: S&P 500
- Next earnings date: October 28, 2026
Market context: Market report Nasdaq Composite.
