Raymond James upgrades T-Mobile US stock to Outperform

Published on 10/16/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James upgraded T-Mobile US to Outperform with a USD 170.00 target on October 12, 2026. T-Mobile US stock was EUR 139.50.

Analyst upgrade and earnings date

Raymond James upgraded T-Mobile US from Market Perform to Outperform on October 12, 2026, with a USD 170.00 target.
Second-quarter revenue reached USD 22.79 billion for the period ended June 30, 2026.
T-Mobile US stock was EUR 139.50 at 9:42 a.m. CEST at Lang & Schwarz on October 16, 2026.

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T-Mobile US stock (ISIN US8725901040) was at EUR 139.50 at Lang & Schwarz on October 16, 2026 at 9:42 a.m. CEST. According to Transcript Daily, Raymond James upgraded the company from Market Perform to Outperform on October 12, 2026 and set a USD 170.00 price target.

Raymond James changes its view

The upgrade gives investors a fresh bullish reference while the target remains below the broader consensus cited in the same market coverage. The report described the recent sell-off as excessive relative to T-Mobile US's earnings, cash flow and competitive position.

What matters before October 28?

T-Mobile US reported second-quarter 2026 revenue of USD 22.79 billion and net income of USD 3.24 billion for the period ended June 30, 2026, according to Yahoo Finance. The finance figures show diluted earnings per share of USD 2.99 for the quarter, giving the upcoming report a clear comparison point.

The recent chronology also includes a 15 percent quarterly dividend increase announced on September 24, 2026, followed by the Raymond James upgrade on October 12, 2026. The latest quarterly results were reported for June 30, 2026, with revenue of USD 22.79 billion. The sequence links capital returns, operating performance and the current debate about competitive pressure.

Next earnings date is set

T-Mobile scheduled its third-quarter 2026 earnings call for October 28, 2026 at 4:30 p.m. ET. The company said the earnings release and investor fact book will be available at approximately 4:05 p.m. ET that day.

Stock price before the earnings date

The stock was trading at EUR 139.50 at Lang & Schwarz on October 16, 2026 at 9:42 a.m. CEST. T-Mobile US is listed on Nasdaq under the ticker TMUS, and its market capitalization was USD 168.4 billion as of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of T-Mobile US stock.