T-Mobile US, Inc.’s Stock Price Drops to $177.44, Sliding Down by 2.53% in Latest Market Shake-Up

T-Mobile US, Inc. (TMUS)

177.44 USD -4.61 (-2.53%) Volume: 4.37M

Explore T-Mobile US, Inc.’s stock price currently standing at 177.44 USD, experiencing a trading session drop of -2.53%, with an impressive trading volume of 4.37M and a year-to-date percentage increase of +10.67%, showcasing its robust performance in the market.

Latest developments on T-Mobile US, Inc.

Despite facing losses today, T-Mobile US Inc. stock has outperformed competitors, with its price target raised to $210.00 at Citigroup. The company has been embroiled in a class action lawsuit alleging that it raised prices after promising not to, which may have impacted its stock performance. However, Blair William & Co. IL still holds $2.68 million in T-Mobile US, Inc. (NASDAQ:TMUS) while Mitsubishi UFJ Trust & Banking Corp maintains a stake of $73.35 million in the company. Meanwhile, Verizon’s revenue misses estimates due to lower equipment upgrades, further highlighting the competitive landscape in the telecommunications industry.

T-Mobile US, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish coverage on T-Mobile US Inc, highlighting the company’s impressive performance in Q1 2024 earnings. The research reports emphasize T-Mobile’s continuous growth and advancement in guidance for the year, particularly noting the consistency in postpaid phone net additions compared to the industry. This indicates the popularity of T-Mobile’s network value proposition among customers, with growth in postpaid phone gross adds over the past four quarters and record-low Q1 postpaid phone churn.

Furthermore, Baptista Research‘s analysis on Smartkarma suggests that T-Mobile could be the stealthiest investment of 2024, unveiling growth strategies that led to over 3.1 million postpaid phone net additions in 2023. The reports highlight the company’s highest postpaid phone gross additions in history, resulting in achieving the highest share of postpaid phone net additions within the industry. In Q4, T-Mobile recorded 934,000 postpaid phone net additions, surpassing industry competitors by a significant margin, reinforcing the positive sentiment towards T-Mobile’s growth prospects.

A look at T-Mobile US, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, T Mobile Us Inc has a strong outlook for growth, scoring a 5 out of 5 in this category. This indicates that the company is well-positioned to expand and increase its market share in the future. Additionally, T Mobile Us Inc also scored high in momentum with a score of 4, suggesting that the company is experiencing positive trends in its stock price and performance.

However, T Mobile Us Inc scored lower in other areas such as value, dividend, and resilience, with scores of 3, 2, and 2 respectively. This may indicate that the company is not as attractive for value investors or those seeking a stable dividend income. Despite these lower scores, T Mobile Us Inc‘s strong growth and momentum scores suggest a promising long-term outlook for the company in the competitive wireless carrier market.

### T-Mobile US, Inc. is one of four national wireless carriers in the US. The company was created as the combination of T-Mobile USA and MetroPCS. ###

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