T-Mobile US (TMUS) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.22
- Estimate
- $2.91
- Surprise
- +10.6%
- Revenue (period 2026-09-30)
- $23.58B
- Score at report (before → after)
- 5.7 → 5.8/10
Revenue source: xbrl.
How the report landed
T-Mobile US (TMUS) beat the $2.91 estimate with adjusted EPS of $3.22 — a large 10.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Sell at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TMUS Sell at 5.8/10.
3 of the last 4 quarters beat the estimate; this quarter's +10.6% surprise compares with a +11.9% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Sector modifier (Communication Services): -0.8
- Leverage penalty (D/E 2.1): -1.5
- Weak growth
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $148.08
- Price target
- $213.16
- Stop
- $139.44
- Upside to target
- +43.9%
- Reward-to-risk
- 4.9:1
The stock trades at 14.3× trailing but 10.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
TMUS at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Telecom Services
- Market cap
- $158.84B
- P/E (fwd)
- 10.3
- P/E (ttm)
- 14.3
- 52-week range
- $143.75–$224.75
- Off 52-week high
- 34.1%
- RSI (14)
- 31
- Volume vs avg
- 1.27×
- Score today
- 5.8/10