Telephone and Data Systems stock gets a USD 48 JPMorgan target
Published on 10/05/2026 at 21:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Telephone and Data Systems stock (ISIN US8794338298) was trading at USD 35.19 on the NYSE at 3:05 p.m. ET on October 5, 2026, with a market capitalization of USD 3.7 billion. The latest analyst action came from J.P. Morgan, which reiterated its Buy rating and set a USD 48.00 price target on October 1, 2026, according to Markets Insider.
J.P. Morgan sets a USD 48 target
The target stands USD 12.81 above the October 5 price, a difference of 36.4 percent. J.P. Morgan's call followed a sharp earnings gap between reported EPS and the market estimate, keeping the focus on the quality of TDS's second-quarter profit.
Telephone and Data Systems also faces a more cautious aggregate view. MarketBeat reports a Hold consensus from five research firms, with three Hold ratings and two Buy ratings. The average target is USD 47.50, with a high of USD 48.00 and a low of USD 47.00.
Q2 revenue rose 3.6 percent
For the quarter ended June 30, 2026, TDS reported revenue of USD 309.28 million, up 3.6 percent from the prior-year quarter, while revenue came in below the USD 315.78 million consensus estimate, according to MarketBeat. Quarterly EPS was USD 2.24, compared with consensus of USD 0.09, a beat of USD 2.15.
The earnings mix matters because TDS is transitioning toward broadband and fiber services after the sale of its UScellular wireless operations in 2025. Its second-quarter cash and cash equivalents totaled USD 2.194 billion as of June 30, 2026, while operating cash flow reached USD 55.567 million in the quarter.
Stock remains below its yearly high
TDS was trading 28.4 percent below its 52-week high of USD 49.12 and 11.7 percent above its 52-week low of USD 31.51 on October 5, 2026. The reference price was down USD 0.20, or 0.58 percent, from the prior close during the session.
Telephone and Data Systems stock facts
- Company: Telephone and Data Systems, Inc.
- ISIN: US8794338298
- Ticker: TDS
- Trading venue: NYSE
- Price (as of October 5, 2026, 3:05 p.m. ET): USD 35.19
- Market capitalization: USD 3.7 billion (as of October 5, 2026)
- 52-week range: USD 31.51-49.12 (as of October 5, 2026)
- Sector / Industry: Communication Services / Diversified Telecommunication Services
