Jim Cramer has expressed strong trust in T-Mobile US (TMUS) despite various market challenges. As per Morgan Stanley, the price target for TMUS is set to $280. The company has displayed robust growth over the decade with its stock rising 6.5% after a 6-day win streak.
A significant turn of events includes Deutsche Telekom AG selling $47.7 million worth of T-Mobile US stock. Following rumors of T-Mobile US' CEO considering an early exit, the company's stock slipped slightly. However, the market still undervalues TMUS, especially considering its ever-expanding 5G network.
Further, T-Mobile's acquisition of UScellular for $4.4 billion has been approved by the Justice Department. Despite slow phone subscriber growth, the firm was upgraded to Strong-Buy at Arete Research. The largest wireless service operator also managed to expand its 5G and Fiber Network while declaring dividends for 2025.
Currently, the company leads the industry with continued customer growth translating into outstanding financial growth. It is yet to be seen how TMUS reacts up to its upcoming earnings.
T-Mobile Us TMUS News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Fri, 18 Jul 2025 18:11:40 GMT - Rating 8 - Innovation 6 - Information 9 - Rumor -3
