T-Mobile (TMUS) Soars 3.5%: Is Further Upside Left in the Stock?

Core Insights - T-Mobile US, Inc. (TMUS) shares increased by 3.5% to close at $254.90, following a notable trading volume, contrasting with a 4% loss over the past four weeks [1] Group 1: Company Performance - T-Mobile is experiencing industry-leading postpaid customer growth with a record-low churn rate [2] - The company has completed acquisitions of Blis and Vistar Media, enhancing its advertising capabilities and diversifying its business operations [2] - T-Mobile is exploring new use cases for its 5G network, including collaboration with Disney Studios for movie production [2] Group 2: Financial Expectations - T-Mobile is expected to report quarterly earnings of $2.47 per share, reflecting a year-over-year increase of 23.5%, with revenues projected at $20.61 billion, up 5.2% from the previous year [3] - The consensus EPS estimate has been revised marginally higher over the last 30 days, indicating a positive trend that may lead to further price appreciation [4] Group 3: Industry Context - T-Mobile is part of the Zacks Wireless National industry, where competitors like Cogent Communications (CCOI) have also shown stock movements, with CCOI closing 6.3% higher recently [4] - Cogent's EPS estimate has changed by +6% over the past month, indicating a year-over-year change of +31.8% [5]