T-Mobile US stock rises as Scotiabank cuts target to USD 217
Published on 10/03/2026 at 23:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T-Mobile US stock (ISIN US8725901040) closed at USD 163.64 on NASDAQ on October 2, 2026, gaining 1.18 percent from the previous close. The immediate catalyst was a fresh analyst target reset, while the next earnings date gives the market a clear checkpoint.
Scotiabank lowers its target
According to MarketBeat on October 2, 2026, Scotiabank reduced its T-Mobile US price target from USD 232 to USD 217 while maintaining a sector outperform rating. The new target lies 32.6 percent above the October 2 closing price, calculated from USD 217 and USD 163.64.
The adjustment contrasts with the broader analyst picture reported by MarketBeat: the company carried a Moderate Buy consensus and an average target of USD 247.84. That average stood 51.5 percent above the same closing price, leaving a wide gap between the latest individual revision and the wider estimate.
Q2 earnings beat on EPS
T-Mobile US reported Q2 2026 revenue of USD 22.79 billion and earnings of USD 3.24 billion, according to Yahoo Finance. The standardized quarterly data show diluted EPS of USD 2.99 and an operating margin of 24 percent for the period ended June 30, 2026.
The earnings mix matters because the USD 2.99 EPS figure exceeded the USD 2.59 consensus cited by MarketBeat, a USD 0.40 difference. Revenue also increased 7.9 percent year over year, although the USD 22.79 billion result was below the USD 22.95 billion estimate.
Dividend and earnings dates
On September 24, 2026, T-Mobile announced a quarterly dividend of USD 1.17 per share, up 15 percent from USD 1.02. The dividend is payable on December 10, 2026, to shareholders of record on November 25, 2026.
The company will discuss Q3 2026 results on October 28, 2026, at 4:30 p.m. ET, according to T-Mobile. For T-Mobile US stock, the combination of a lower single-bank target, above-consensus EPS and the upcoming report puts execution against the next quarter at the center of the valuation debate.
Stock remains below yearly high
T-Mobile US traded between USD 160.81 and USD 164.57 on NASDAQ on October 2, 2026. Its 52-week range was USD 160.81 to USD 231.02, and its market capitalization was USD 175.5 billion on that date.
T-Mobile US stock at a glance
- Company: T-Mobile US, Inc.
- ISIN: US8725901040
- Ticker: TMUS
- Trading venue: NASDAQ
- Price (as of October 2, 2026): Closing price USD 163.64
- Market capitalization: USD 175.5 billion (as of October 2, 2026)
- 52-week range: USD 160.81-231.02 (as of October 2, 2026)
- Sector / Industry: Communication Services / Telecom Services
- Next earnings date: October 28, 2026
