Analysts Continue To See Sharp Upside In T-Mobile US Post Q4
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Analysts remained divided over T-Mobile US Inc TMUS post Q4 results. However, they continue to see a sharp upside in the stock.

  • Deutsche Bank analyst Bryan Kraft raised the price target on T-Mobile to $185 from $175 (53% upside) and kept a Buy rating on the shares post Q4 results
  • The 2022 guidance was primarily positive, and T-Mobile has a solid track record of beating and raising its initial guidance over the course of a calendar year, Kraft notes.
  • JPMorgan analyst Philip Cusick reiterated an Overweight rating on the shares with a $175 price target (45% upside).
  • Cusick says T-Mobile remains his top pick for 2022 following the "strong' Q4 results. 
  • The guidance to "strong" EBITDA and subscriber growth in 2022 is "much better than recent investor fears," Cusick adds. 
  • RBC Capital analyst Kutgun Maral lowered the price target on T-Mobile to $152 from $180 (26% upside) and kept an Outperform rating on the shares. 
  • The company's Q4 total revenue missed consensus on lower than expected equipment sales, but sentiment should be "near positive inflection soon," the analyst notes. 
  • Maral further states that T-Mobile management has a long track record of guiding conservatively and strong execution.
  • Price Action: TMUS shares closed higher by 10.22% at $120.78 on Thursday.
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