Recently, T-Mobile US Inc (Symbol: TMUS) saw its stock price rise past the average analyst target of $221.63, trading currently at $221.95 per share. When this happens, analysts have to decide whether to adjust their target higher or downgrade based on valuation. Their reactions often hinge on recent developments within the company that could justify this price increase.
A total of 27 analysts contribute to the target price for T-Mobile US Inc within the Zacks coverage universe. It’s important to note that the average is simply a mathematical calculation; some analysts have lower targets—one at $143.48—while others set their sights as high as $271.00. The standard deviation among these estimates is $22.025.
The purpose of examining the average price target is to take advantage of collective insights from various analysts, rather than relying solely on one expert’s opinion. With TMUS now above the target price of $221.63, investors should take the opportunity to evaluate the company’s outlook: Is this just a stop before reaching an even higher target, or have valuations risen too far, warranting caution? Below is a summary of the current analyst ratings for T-Mobile US Inc:
| Recent TMUS Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 19 | 19 | 19 | 17 |
| Buy ratings: | 4 | 3 | 3 | 3 |
| Hold ratings: | 1 | 2 | 2 | 1 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 1 | 1 | 1 | 1 |
| Average rating: | 1.38 | 1.42 | 1.42 | 1.39 |
The average rating noted above ranges from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Strong Sell. This analysis utilized data from Zacks Investment Research via Quandl.com. For the latest Zacks research report on TMUS, visit their platform for access.
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The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of Nasdaq, Inc.
