JPMorgan cuts target for T-Mobile US stock from USD 275.00 to USD 260.00

T-Mobile US (ISIN US8725901040) was trading at EUR 138.79 at Lang & Schwarz on October 9, 2026 at 4:02 p.m. CEST, down 2.58 percent versus the prior close of EUR 142.47. On September 21, 2026, JPMorgan cut its T-Mobile US price target from USD 275.00 to USD 260.00 while retaining an Overweight rating, according to Deutsche Boerse. The target reduction was USD 15.00, or 5.45 percent, from the previous level.

Target cut follows Q2 growth

JPMorgan analyst Sebastiano Petti lowered his service-revenue growth estimate before the next quarterly report, citing conference comments and industry trends, according to Deutsche Boerse. The rating stayed Overweight, leaving the target action as a valuation reset rather than a change in JPMorgan's stance.

For the second quarter of 2026, T-Mobile US generated USD 22.79 billion in revenue and USD 3.24 billion in net income, according to Markets Insider. Revenue increased from USD 21.13 billion a year earlier, while net income rose from USD 3.22 billion, showing faster sales growth than profit growth.

Three recent events carry figures

On August 11, 2026, T-Mobile closed a USD 2.90 billion spectrum swap with Grain Management, as listed by ScanX. On September 17, 2026, the company was reported to have added 277,000 net postpaid accounts in the second quarter, with postpaid service revenue up 13.00 percent and adjusted free cash flow guidance at USD 18.40 billion to USD 18.80 billion, according to ScanX. On September 21, 2026, JPMorgan reduced its target from USD 275.00 to USD 260.00 while keeping Overweight, according to Deutsche Boerse.

What dates matter for the stock?

T-Mobile US is scheduled to discuss third-quarter 2026 financial and operational results on October 28, 2026, at 4:30 p.m. ET, according to the company's newsroom release. The earnings release and Investor Factbook are scheduled for approximately 4:05 p.m. ET on the same date, according to T-Mobile Newsroom. That report will test whether the 13.00 percent postpaid service revenue growth reported for the second quarter carried into the following period.

Euro quote reflects a sharp session decline

At Lang & Schwarz, T-Mobile US was trading at EUR 138.79 on October 9, 2026 at 4:02 p.m. CEST, down 2.58 percent versus the EUR 142.47 prior close. The primary listing is Nasdaq, where the finance quote showed USD 154.21 at 10:06 a.m. ET on October 9, 2026; the same quote showed a market capitalization of USD 165.4 billion and a 52-week range of USD 153.80 to USD 231.02.

The further course of trading is shown by the continuously updated real-time quote of T-Mobile US stock.

Market context: Market report S&P 500.

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