Citi Sets T-Mobile Price Target at $225 — Here’s What It Will Take for TMUS to Get There

Quick Read T-Mobile US (TMUS) added 3.3 million postpaid phone net additions in 2025 (industry-leading), generated $17.995 billion in free cash flow (up 80.27% year-over-year), and guided for $37.0B to $37.5B Core Adjusted EBITDA in 2026 representing 10% year-over-year growth. Citi analyst Michael Rollins raised his price target to $225 from $220, arguing the stock trades at a 0.8 PEG ratio that underprices earnings growth and deserves multiple expansion. T-Mobile’s industry-leading subscriber growth a ...