T-Mobile (TMUS, Financial) reported its second-quarter revenue at $21.13 billion, slightly surpassing analysts’ expectations of $21.02 billion. The company achieved impressive postpaid net customer additions of 1.7 million, marking its best Q2 performance in history and leading the industry. Additionally, T-Mobile saw 830,000 postpaid phone net customer additions, setting another record for the quarter.
Postpaid net account additions reached 318,000, reflecting a 6% increase from the previous year, and maintaining T-Mobile's top position in the sector. The firm also recorded a 12% year-over-year growth in 5G broadband net customer additions, totaling 454,000. These robust results highlight T-Mobile’s status as a leading network provider in the U.S.
The company's CEO emphasized that T-Mobile’s significant value offerings are attracting customers at an unprecedented rate, translated into notable financial growth. With the highest service revenue growth in the industry and a record-breaking Q2 Adjusted Free Cash Flow, T-Mobile continues to strengthen its market position.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for T-Mobile US Inc (TMUS, Financial) is $265.63 with a high estimate of $305.00 and a low estimate of $200.00. The average target implies an upside of 13.48% from the current price of $234.08. More detailed estimate data can be found on the T-Mobile US Inc (TMUS) Forecast page.
Based on the consensus recommendation from 30 brokerage firms, T-Mobile US Inc's (TMUS, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for T-Mobile US Inc (TMUS, Financial) in one year is $183.42, suggesting a downside of 21.64% from the current price of $234.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the T-Mobile US Inc (TMUS) Summary page.
