Movement Alert|T-Mobile US Rises 3.06% in Regular Trading, BofA Securities Upgrades Rating to Buy

Market Focus
Jul 07

On July 7, T-Mobile US rose 3.06% in regular trading, trading at $188.005/share, with turnover of $156 million. The stock gained momentum after BofA Securities upgraded its rating from neutral to buy, setting a price target of $220 per share.

According to FactSet, the stock currently carries an average analyst rating of buy with a consensus price target of $257.13, implying significant upside from current levels. On the fundamental side, the company posted Q1 EPS of $2.27, beating the market estimate of $2.01, while raising its full-year postpaid net account additions guidance to 950,000–1,050,000. T-Mobile is scheduled to report its next quarterly earnings on July 23 before market open, with consensus EPS expectations at $2.57.

The upgrade follows a series of positive analyst actions, including earlier upgrades from KeyBanc and Oppenheimer, reflecting broad institutional confidence in T-Mobile's growth trajectory driven by AI-powered pricing strategies, fiber expansion joint ventures, and sustained postpaid subscriber momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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