T-Mobile US stock falls as JPMorgan cuts target to USD 260
Published on 09/23/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T-Mobile US (ISIN US8725901040) closed at USD 162.41 on Nasdaq on September 22, 2026, down 1.73 percent from the prior close. The decline followed JPMorgan's reduction of its price target from USD 275 to USD 260, while the bank retained an overweight rating, according to Aktiencheck on September 22, 2026.
JPMorgan lowers its target
The revised USD 260 target is USD 15 below the previous target of USD 275. JPMorgan linked the change to more cautious expectations before the next quarterly figures, including a 0.2 percent reduction in its third-quarter wireless service revenue forecast to about USD 19.3 billion, as reported by Aktiencheck on September 22, 2026.
The customer forecast was less cautious. JPMorgan kept its estimate for approximately 260,000 postpaid account additions in the third quarter, according to Aktiencheck on September 22, 2026. That combination points to a narrower issue than a broad customer retreat: the forecast trims revenue per customer while leaving the account-addition estimate unchanged.
Q2 revenue rose 9 percent
T-Mobile's second-quarter 2026 service revenue increased 9 percent year over year to USD 19.00 billion, while postpaid service revenue climbed 13 percent to USD 15.90 billion. Postpaid net account additions, however, fell 13 percent year over year to 277,000, and account churn stood at 0.99 percent, according to Ad Hoc News on September 22, 2026.
A separate report covering the quarter ended June 30, 2026, put total quarterly revenue at USD 22.79 billion and net profit at USD 3.24 billion. The prior-year comparison was USD 21.13 billion in revenue and USD 3.22 billion in net profit, according to The Globe and Mail on September 22, 2026. Revenue therefore increased by USD 1.66 billion year over year, while net profit rose by USD 0.02 billion.
Stock remains near yearly low
The September 22 close was USD 1.61 below the September 21 Nasdaq close of USD 164.02 and stood close to the cited 52-week low. On September 21, the 52-week range was USD 164.02 to USD 242.34, while market capitalization was USD 180.40 billion, according to the dated market overview reported on Ad Hoc News on September 22, 2026.
Price stays below USD 170
T-Mobile US stock closed at USD 162.41 on Nasdaq on September 22, 2026, after the 1.73 percent daily decline. The market is weighing a lower JPMorgan target against second-quarter service revenue growth of 9 percent and the 13 percent increase in postpaid service revenue.
T-Mobile US stock at a glance
- Company: T-Mobile US, Inc.
- ISIN: US8725901040
- Ticker: TMUS
- Trading venue: Nasdaq
- Price as of September 22, 2026: USD 162.41
- Market capitalization: USD 180.40 billion as of September 21, 2026
- Sector / Industry: Communication Services / Wireless Telecommunications
- Index membership: S&P 500
