KeyCorp Comments on T-Mobile US’s Q2 Earnings (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS) – Equities researchers at KeyCorp lowered their Q2 2026 earnings per share estimates for shares of T-Mobile US in a research report issued on Sunday, April 12th. KeyCorp analyst B. Nispel now expects that the Wireless communications provider will post earnings per share of $2.56 for the quarter, down from their previous estimate of $2.80. KeyCorp currently has a “Overweight” rating and a $260.00 target price on the stock. The consensus estimate for T-Mobile US’s current full-year earnings is $10.37 per share. KeyCorp also issued estimates for T-Mobile US’s Q3 2026 earnings at $2.88 EPS, Q4 2026 earnings at $2.70 EPS, FY2026 earnings at $10.05 EPS, Q1 2027 earnings at $2.86 EPS, Q2 2027 earnings at $3.23 EPS, Q3 2027 earnings at $3.31 EPS, Q4 2027 earnings at $3.14 EPS and FY2027 earnings at $12.53 EPS.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Scotiabank decreased their target price on T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating for the company in a research report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of T-Mobile US in a research report on Friday. Royal Bank Of Canada reduced their price objective on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Finally, BNP Paribas Exane reduced their price objective on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $260.91.

T-Mobile US Price Performance

Shares of TMUS opened at $190.00 on Tuesday. The firm has a market cap of $209.35 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 1.23 and a beta of 0.43. The stock has a 50 day moving average of $210.02 and a 200-day moving average of $208.23. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. T-Mobile US has a 52 week low of $181.36 and a 52 week high of $267.96.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, May 29th. T-Mobile US’s payout ratio is 42.02%.

Insider Buying and Selling

In other news, Director Raul Marcelo Claure sold 550,000 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $217.57, for a total value of $119,663,500.00. Following the sale, the director owned 891,204 shares of the company’s stock, valued at approximately $193,899,254.28. The trade was a 38.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the sale, the chief financial officer directly owned 51,573 shares in the company, valued at $11,080,974.78. This represents a 34.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by corporate insiders.

Institutional Trading of T-Mobile US

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of T-Mobile US by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock worth $10,244,764,000 after buying an additional 636,192 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of T-Mobile US by 30.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock worth $5,643,511,000 after buying an additional 6,516,968 shares in the last quarter. State Street Corp raised its stake in shares of T-Mobile US by 4.3% in the 4th quarter. State Street Corp now owns 25,281,709 shares of the Wireless communications provider’s stock worth $5,133,198,000 after buying an additional 1,047,624 shares in the last quarter. Capital International Investors raised its stake in shares of T-Mobile US by 8.2% in the 4th quarter. Capital International Investors now owns 14,847,697 shares of the Wireless communications provider’s stock worth $3,014,754,000 after buying an additional 1,121,409 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after buying an additional 4,335,368 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: KeyBanc upgraded T‑Mobile to Overweight with a $260 price target, pointing to its network advantage and compressed valuation — a call that supports upside potential if execution continues. KeyBanc Upgrade
• Positive Sentiment: MoffettNathanson (coverage note cited in press) upgraded T‑Mobile on its strategic partnerships with Nvidia to accelerate 5G/AI use cases — a narrative that could drive longer‑term service and edge compute revenue upside. T‑Mobile & Nvidia
• Positive Sentiment: Analyst and investor commentary highlights T‑Mobile’s shareholder return capacity (dividend growth and planned buybacks), framing the current weakness as a potential buying opportunity for income/total‑return investors. Dividend/Growth Thesis
• Neutral Sentiment: Marketing and CSR activity: T‑Mobile launched a “Do Not Disturb Season” with the National Park Foundation and was named an SBA Gold Cosponsor for National Small Business Week — positive brand/PR but limited direct near‑term financial impact. National Park Campaign SBA Gold Cosponsor
• Neutral Sentiment: T‑Mobile executive Michael Fitz joined the board of Arrive AI — a networking/industry tie that’s strategically relevant but not material to near‑term financials. Arrive AI Board Appointment
• Negative Sentiment: KeyCorp trimmed several near‑term EPS estimates (Q2/FY2026) and lowered its FY2026 number, signaling slightly weaker near‑term earnings expectations even though it retains an Overweight stance and a $260 target — a factor that can weigh on short‑term sentiment. KeyCorp Estimates
• Negative Sentiment: Analyses and valuation pieces note a notable share price pullback over the past month and year; technicals (below the 50‑ and 200‑day averages) and compressed multiples are keeping investor caution high. Valuation/Pullback Analysis

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.