UBS lowers T-Mobile US price target to $235

UBS Group reduced its 12‑month price target for T‑Mobile US (NASDAQ:TMUS) from $255 to $235 while maintaining a "Buy" recommendation. The revision follows the carrier’s latest quarterly results, which showed earnings per share of $2.99, beating analysts’ consensus of $2.59, and net new customer additions that surpassed expectations. UBS noted that the operating performance and subscriber growth leave the company well positioned for mid‑ to high‑single‑digit percentage growth.

Other research houses have also adjusted their outlooks: KeyCorp trimmed its target to $250, Barclays to $215, while Bank of America raised its rating to "Buy" with a $220 target. Despite the mixed analyst sentiment, the consensus rating remains a overall buy, and the stock opened at $180.09 after the earnings release.