T-Mobile US stock slips as JPMorgan cuts target to USD 260
Published on 09/22/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T-Mobile US (ISIN US8725901040) traded at USD 168.18 on the Nasdaq on September 21, 2026, near its 52-week low of USD 164.02. The immediate catalyst was JPMorgan's reduction of its price target from USD 275 to USD 260 while retaining an Overweight rating, according to Investing.com on September 21, 2026.
Target cut ahead of results
The change lowers JPMorgan's target by USD 15, or 5.45 percent, ahead of T-Mobile's third-quarter results. The bank kept its forecast for 260,000 postpaid account net additions in Q3/2026 but reduced its wireless service revenue estimate by 0.2 percent to USD 19.30 billion, according to Investing.com.
JPMorgan also modeled Q3 core EBITDA at USD 9.41 billion, compared with company guidance of USD 9.40 billion. For fiscal year 2026, its service revenue estimate was USD 76.79 billion against guidance of USD 77.00 billion, while its core EBITDA estimate was USD 37.35 billion within the company's USD 37.10 billion to USD 37.50 billion range, the same report said.
Customer growth is the test
T-Mobile's Q2/2026 service revenue rose 9 percent year over year to USD 19.00 billion, while postpaid service revenue increased 13 percent to USD 15.90 billion, according to TradingView on September 21, 2026. The counterpoint was customer momentum: postpaid net account additions fell 13 percent year over year to 277,000, and account churn was 0.99 percent.
The company raised adjusted free cash flow guidance to USD 18.40 billion to USD 18.80 billion for 2026 while maintaining its postpaid account and profitability outlook, according to TradingView. That split leaves subscriber additions and service revenue growth as the key numerical checkpoints for the next report.
Stock stays near yearly low
The Nasdaq quote of USD 168.18 on September 21, 2026 was 31.10 percent below the 52-week high of USD 242.34 and 2.54 percent above the cited low of USD 164.02. Market capitalization was USD 180.40 billion, according to the September 21, 2026 market data cited by MarketBeat.
T-Mobile US is scheduled to report third-quarter results on October 28, 2026, according to TradingView. The date puts the USD 19.30 billion service revenue estimate and the 260,000 postpaid account forecast at the center of the next market test.
USD 168.18 on the Nasdaq
T-Mobile US stock closed at USD 168.18 on the Nasdaq on September 21, 2026, with the 52-week range at USD 164.02 to USD 242.34 and market capitalization at USD 180.40 billion.
T-Mobile US stock facts
- Company: T-Mobile US Inc.
- ISIN: US8725901040
- Ticker: TMUS
- Trading venue: Nasdaq
- Price (as of September 21, 2026): USD 168.18
- Market capitalization: USD 180.40 billion (as of September 21, 2026)
- Sector / Industry: Communication Services / Wireless Telecommunications
- Index membership: S&P 500
