WallStSmart
TMUS

T-Mobile US Inc

NASDAQ: TMUS · COMMUNICATION SERVICES · TELECOM SERVICES

$195.50
-1.35% today

Updated 2026-04-30

Market cap
$211.57B
P/E ratio
20.80
P/S ratio
2.34x
EPS (TTM)
$9.40
Dividend yield
1.99%
52W range
$180 – $258
Volume
6.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

T-Mobile US Inc (TMUS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$195.50
Consensus
$258.31
+32.13%
2030 Target
$1,208.40
+518.11%
DCF
$134.07
-65.57% MoS
18 analysts:
7 Buy6 Hold0 Sell

Management guidance

No specific multi-year revenue targets disclosed in available data. Management has emphasized 5G leadership, subscriber growth, and potential fiber asset expansion (Uniti Group acquisition under exploration). Guidance appears focused on operational metrics (subscriber trends, ARPU) rather than explicit revenue targets.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,014.00
$114.5B Rev × 20x P/S
Base case (2030)
$1,208.40
$114.5B Rev × 12x P/S
Bear case (2030)
$805.60
$114.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$78.6B$81.4B$88.3B$96.5B$101.0B$105.5B$110.0B$114.5B
Revenue growth—3.6%8.5%9.3%4.6%4.5%4.3%4.1%
EPS$6.93$9.67$9.71$10.62$13.67$15.20$16.75$18.40
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$1,027.14$1,067.42$1,107.70$1,168.12$1,208.40

Catalysts & risks

Growth catalysts
+ Fiber asset acquisition (Uniti Group with TPG) - revenue diversification beyond wireless
+ 5G and 6G network expansion - improved ARPU and customer retention
+ Broadband bundling initiatives - OneConnect-style offerings to compete with AT&T and Verizon
+ Q1 2026 earnings report (April 28, 2026) - subscriber and ARPU trends visibility
+ Potential resolution of legal disputes (false advertising injunction) - competitive positioning improvement
Key risks
- Intense wireless market competition - pricing pressure from AT&T and Verizon limiting ARPU growth
- High capital intensity - fiber/5G/6G investments limiting free cash flow despite revenue growth
- Customer churn acceleration - recent loss of postpaid phone customers despite 5G leadership
- Regulatory and legal headwinds - false advertising injunction and regulatory scrutiny on mergers
- Market saturation in core wireless - limited TAM expansion in U.S. limiting growth ceiling

Methodology

T-Mobile US Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 18 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.