Scotiabank cuts T-Mobile US stock target to USD 217.00
Published on 10/06/2026 at 17:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T-Mobile US (ISIN US8725901040) saw Scotiabank cut its price target from USD 232.00 to USD 217.00 in a note dated October 2, 2026, while retaining an Outperform rating, as Aktiencheck reported on October 6, 2026. The USD 15.00 reduction puts the analyst view closer to the current Nasdaq quotation, while the rating remains positive.
Target cut meets resilient revenue
Ticker Scout reported that T-Mobile US generated USD 22.79 billion in total revenue in the second quarter of 2026, up 7.90 percent from the same quarter a year earlier. Net income reached USD 3.24 billion, a 0.50 percent increase, while diluted earnings per share rose 5.30 percent to USD 2.99.
The combination matters for investors because revenue growth remained much stronger than net income growth. T-Mobile US therefore expanded its top line without producing a comparable increase in bottom-line profit during the second quarter of 2026.
Cash flow guidance stays central
In its second-quarter 2026 review, ScanX reported 277,000 net postpaid account additions and a 13.00 percent year-over-year increase in postpaid service revenue. The same report said full-year adjusted free cash flow guidance stood at USD 18.4 billion to USD 18.8 billion.
That guidance provides a counterweight to the target cut. T-Mobile US is still presenting a cash-generation story, but Scotiabank's October 2, 2026 note shows that analysts are assigning greater weight to sector valuation pressure and competitive risks linked to SpaceX and artificial intelligence disruption.
Nasdaq quote sits near yearly low
T-Mobile US was last at USD 163.37 on the Nasdaq on October 6, 2026 at 11:20 a.m. EDT. The quotation stood 1.59 percent above the 52-week low of USD 160.81 and 29.29 percent below the 52-week high of USD 231.02, while market capitalization was USD 175.2 billion.
The market setup leaves the analyst target cut as the clearest near-term valuation signal, while the second-quarter figures show that operating growth remains measurable. The next test is whether postpaid expansion and free cash flow can keep pace with the pressure reflected in the lower target.
T-Mobile US stock facts
- Company: T-Mobile US, Inc.
- ISIN: US8725901040
- Ticker: TMUS
- Primary exchange: Nasdaq
- Market capitalization: USD 175.2 billion (as of October 6, 2026)
- 52-week range: USD 160.81-231.02 (as of October 6, 2026)
- Sector / Industry: Communication Services / Telecom Services
