Street View: T-Mobile fights to stay ahead as the wireless game changes
TMUS•Broker views on growth levers and pricing pressure
- J.P. Morgan ("overweight," PT: $275) says T-Mobile is well positioned for durable growth, supported by share gains in underpenetrated segments including small businesses, enterprise customers, rural markets and network seekers.
- RBC Capital Markets ("outperform," PT: $230) says that "as the growth algorithm pivots more towards pricing, this could affect T-Mobile as a market-share grower".
- TD Cowen ("buy," PT: $260) says if competitors offer higher subsidies, T-Mobile may need to match them or rely on its network, pricing and customer service advantages to stay competitive.
- Moffettnathanson ("buy," PT: $242) says it "sees long runway for not just share gains but, just as importantly, ARPU(average revenue per user) growth".
T-Mobile flags slower postpaid additions as it shifts customers to upgraded plans
Telecom operator T-Mobile TMUS.O said on Thursday that it expects Q3 postpaid account additions to fall from the previous quarter as it transitions customers to upgraded rate plans.
Median PT of 31 brokerages covering the stock is $250 — LSEG-compiled data.
