T-Mobile US (NASDAQ:TMUS) Shares Gap Down – Here’s Why

Posted by Francis Steltz on Jul 23rd, 2026

T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $190.94, but opened at $175.75. T-Mobile US shares last traded at $180.0180, with a volume of 929,049 shares traded.

Key Headlines Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Positive Sentiment: T-Mobile reported adjusted EPS of $2.99, ahead of Wall Street estimates, showing stronger-than-expected profitability. Reuters article
Positive Sentiment: The company raised its full-year adjusted free cash flow forecast, helped by customers moving to higher-priced premium plans, which is a positive sign for future cash generation. Barron’s article
Positive Sentiment: Postpaid service revenue grew strongly, indicating healthy demand and improving monetization of the subscriber base. Quartz article
Neutral Sentiment: Management highlighted continued account growth and stronger service revenue, reinforcing the company’s core business momentum. Business Wire press release
Negative Sentiment: Revenue came in slightly below expectations, which appears to be weighing on the stock despite the earnings beat. Proactive Investors article

Analyst Ratings Changes

TMUS has been the topic of several recent research reports. Weiss Ratings cut T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective on the stock in a research report on Monday, April 13th. JPMorgan Chase & Co. restated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. UBS Group dropped their price objective on shares of T-Mobile US from $300.00 to $255.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Finally, Scotiabank reduced their target price on T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating on the stock in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $254.56.

Check Out Our Latest Stock Report on T-Mobile US

T-Mobile US Stock Down 7.0%

The firm has a market cap of $192.20 billion, a P/E ratio of 18.88, a price-to-earnings-growth ratio of 1.13 and a beta of 0.33. The company’s 50-day simple moving average is $184.99 and its 200 day simple moving average is $195.97. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to the consensus estimate of $22.95 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.84 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 10.53 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be given a $1.02 dividend. The ex-dividend date is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

Insiders Place Their Bets

In related news, insider Andre Almeida acquired 5,097 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were acquired at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider directly owned 44,850 shares in the company, valued at approximately $8,798,673. This trade represents a 12.82% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is currently owned by insiders.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently added to or reduced their stakes in TMUS. Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of T-Mobile US by 14.6% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 187,373 shares of the Wireless communications provider’s stock worth $39,354,000 after buying an additional 23,836 shares in the last quarter. Quilter Plc raised its holdings in T-Mobile US by 7.8% in the 4th quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock valued at $94,584,000 after acquiring an additional 33,813 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in T-Mobile US by 16.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock valued at $20,010,000 after acquiring an additional 14,110 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in T-Mobile US by 32.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 296,083 shares of the Wireless communications provider’s stock worth $62,370,000 after purchasing an additional 72,922 shares in the last quarter. Finally, Entropy Technologies LP boosted its holdings in shares of T-Mobile US by 105.9% during the 4th quarter. Entropy Technologies LP now owns 36,117 shares of the Wireless communications provider’s stock worth $7,333,000 after purchasing an additional 18,573 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

About T-Mobile US

(Get Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.