T-Mobile Raises 2027 Service Revenue Forecast to $81B, Signals 19% Upside

TMUSTMUS

T-Mobile US posted Q4 sales growth of 18% but missed net postpaid wireless adds at 962,000 and reported adjusted EPS of $1.88. It raised its 2027 midpoint service revenue outlook to $81 billion (up over 7%) and lifted free cash flow guidance by 8%, underpinning a 19% implied share upside.

1. Q4 2025 Earnings Results

T-Mobile reported Q4 service revenue growth of 18%, exceeding top-line estimates, but net postpaid wireless additions of 962,000 fell short of analyst forecasts. Adjusted EPS reached $1.88, missing consensus and reflecting pressure from higher network investment and promotional offers.

2. Upgraded 2027 Financial Outlook

Management lifted its 2027 service revenue midpoint to $81 billion, a more than 7% increase versus prior guidance, and raised the midpoint of adjusted free cash flow to $20 billion, up over 8%. These upgrades signal stronger long-term cash generation and margin expansion.

3. Share Reaction and Analyst Targets

Shares jumped 5% on earnings day and gained an additional 2.5% as investors focused on the boosted outlook. The consensus price target of $256 implies roughly 19% upside, while the 1.9% dividend yield offers modest income support.

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