Scotiabank Cuts T-Mobile US (NASDAQ:TMUS) Price Target to $217.00

Posted by Brenda Bartman on Oct 5th, 2026

T-Mobile US (NASDAQ:TMUS – Free Report) had its target price trimmed by Scotiabank from $232.00 to $217.00 in a research report report published on Friday,Benzinga reports. The firm currently has a sector outperform rating on the Wireless communications provider’s stock.

Several other equities research analysts have also recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of T-Mobile US in a report on Friday, September 11th. JPMorgan Chase & Co. cut their price target on T-Mobile US from $275.00 to $260.00 and set an “overweight” rating for the company in a report on Monday, September 21st. Wells Fargo & Company decreased their price objective on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a report on Friday, July 24th. Royal Bank Of Canada lowered their target price on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Finally, Wolfe Research reissued a “peer perform” rating on shares of T-Mobile US in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $247.84.

View Our Latest Research Report on T-Mobile US

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $163.64 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92. The company has a market cap of $175.53 billion, a P/E ratio of 17.14, a P/E/G ratio of 1.03 and a beta of 0.33. The firm’s fifty day moving average is $176.40 and its two-hundred day moving average is $185.75. T-Mobile US has a 52-week low of $160.81 and a 52-week high of $231.02.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business had revenue of $22.79 billion for the quarter, compared to analysts’ expectations of $22.95 billion. During the same quarter in the previous year, the company earned $2.84 EPS. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, analysts anticipate that T-Mobile US will post 11.02 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a $1.17 dividend. This represents a $4.68 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, November 25th. This is a positive change from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s dividend payout ratio is 42.72%.

Insider Activity at T-Mobile US

In other news, CAO Daniel James Drobac sold 772 shares of T-Mobile US stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total value of $137,670.76. Following the completion of the transaction, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. The trade was a 2.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.32% of the company’s stock.

Institutional Trading of T-Mobile US

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Main Street Group LTD purchased a new position in T-Mobile US during the first quarter worth $25,000. Paladin Partners LLC purchased a new stake in shares of T-Mobile US in the second quarter valued at $25,000. Sachetta LLC raised its stake in shares of T-Mobile US by 52.9% in the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after acquiring an additional 55 shares during the period. Dunhill Financial LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth about $27,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of T-Mobile US by 112.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 174 shares of the Wireless communications provider’s stock worth $34,000 after acquiring an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

About T-Mobile US

(Get Free Report)

T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.

The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.