TMUS
T-Mobile US, Inc.

T-Mobile US, Inc.TMUS

Communication Services · Telecom Services
146.83USD
-0.07%
Oct 28, 2026
TMUS overview ready
T-Mobile Drives Broadband Access Convergence with 5G Fixed Wireless and Fiber Expansion
T-Mobile is a nationwide wireless-network operator and direct retail provider of mobile, fixed-wireless home internet, business connectivity, and increasingly fiber-based broadband through its fiber partnerships and investments.
Narrative is still early
Exposed to the Broadband Access Convergence narrative through 5G Fixed Wireless and Fiber Broadband Competition — infrastructure supplier.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Intense competition in U.S. Wireless market.
Market Oct 27Filing Jun 30Price action Aug 9Research Jul 31

Conviction Level

CompanyFit8.0PriceAction3.4Valuation3.5CompanyPosition7.3BusinessQuality7.5

Conviction uses Company Fit, Price Action, Valuation, Business Quality. Company Position is research context, not an input.

Theme leadershipGroup context · not a Conviction input
vs SPY
−7.7pp
Theme return
−7.2%
Beating SPY
2 of 11
21 sessions to Oct 27, 2026 · ranked 40 of 59 themes
Price
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Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$157.5B
Avg Volume (60D)
5.7M
60 sessions
Revenue Growth YoY
+8.5%
FY2025 vs FY2024
Gross Margin
+63.1%
Operating Margin
+19.8%
Trailing twelve months
Free Cash Flow Yield
+11.7%
P/E
14.9x
Market metrics as of Oct 27, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; peers is the dissenting view. The published stance is held at fair because net debt above 60% of market capitalisation — refinancing risk may explain the price.
T-Mobile US, Inc. has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

Company Research

Thesis
T-Mobile is a nationwide wireless-network operator and direct retail provider of mobile, fixed-wireless home internet, business connectivity, and increasingly fiber-based broadband through its fiber partnerships and investments.
Opportunity
Moderate opportunity
Wireless carriers and wireline broadband providers are using 5G fixed wireless, fiber expansion, and converged mobile-home offers to gain household broadband customers and disrupt the legacy cable-dominated access market.
Key risk
Intense competition in U.S. Wireless market.

Economic classification

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Business & Markets

Communication Services · Telecom Services
What they do

T-Mobile US, Inc. provides wireless communications services including voice, messaging, and data across the U.S., Puerto Rico, and the U.S. Virgin Islands, operating through postpaid, prepaid, wholesale, and other customer segments. It also sells wireless devices and accessories, offers financing plans, and provides insurance-related services.

How it earns

The company generates revenue primarily through subscription-based wireless service plans and device sales with financing options.

Products & services
Wireless voice and data services
Wireless devices including smartphones and wearables
Equipment installment financing
Device insurance and extended warranties
Customers & end markets
Postpaid wireless subscribers
Prepaid wireless subscribers
Wholesale and other service customers
Market position

Market leader in U.S. Wireless telecommunications with a strong nationwide network and growing subscriber base.

Demand drivers
Low cyclicality

Wireless communication services exhibit stable demand with limited sensitivity to economic cycles.

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