T-Mobile's Customer Growth Outpaces Verizon, AT&T Combined: Analysts Raise Forecasts
Portfolio Pulse from Priya Nigam
T-Mobile US Inc (NASDAQ:TMUS) reported strong Q3 results, surpassing expectations with significant customer growth and revenue increases. Analysts have raised their price targets, highlighting T-Mobile's industry-leading performance in postpaid phone net additions and service revenue growth. The company has also increased its full-year guidance, indicating potential for further upside.

October 24, 2024 | 4:55 pm
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POSITIVE IMPACT
T-Mobile US reported strong Q3 results with significant customer growth and revenue increases, leading analysts to raise price targets. The company has increased its full-year guidance, indicating potential for further upside.
T-Mobile's strong Q3 results, including higher-than-expected postpaid phone net additions and revenue growth, have led analysts to raise their price targets. The company's increased full-year guidance suggests potential for further upside, positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
T-Mobile's Q3 results showed postpaid phone net additions surpassing those of AT&T and Verizon combined, indicating competitive pressure on AT&T.
T-Mobile's strong performance in postpaid phone net additions, surpassing AT&T's, suggests competitive pressure on AT&T, potentially impacting its stock negatively in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
T-Mobile's Q3 results showed postpaid phone net additions surpassing those of Verizon and AT&T combined, indicating competitive pressure on Verizon.
T-Mobile's strong performance in postpaid phone net additions, surpassing Verizon's, suggests competitive pressure on Verizon, potentially impacting its stock negatively in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50