Why Analysts Are Still Bullish on T-Mobile Stock



Analyst recommendations

As of June 14, 25 analysts are actively tracking T-Mobile (TMUS) stock. 20 rated the stock as a “buy,” five rated the stock as a “hold,” and none rated the stock as a “sell.” Nearly 80% of Wall Street analysts gave the telecom company a “buy” recommendation.

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12-month target price

The Wall Street analyst consensus target price for T-Mobile is $75.91, which means a potential return of 28% from the closing price of $59.53 as of June 14.

T-Mobile has generated returns of -5.9% in the last 12 months and 5.4% in the last month. T-Mobile stock has risen 3.0% in the last five trading days. In comparison, Sprint (S), AT&T (T), and Verizon (VZ) have generated returns of 4.6%, -3.8%, and -2.4%, respectively, in the last five trading days.


As of June 14, T-Mobile has a moving average convergence divergence (or MACD) of -0.36. AT&T’s MACD is -0.03, Verizon’s is 0.05, and Sprint’s is -0.03. A negative MACD level signifies that a stock is in a downward trading trend, whereas a positive MACD reading suggests an upward trading trend.

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