T-Mobile US Inc
TMUS: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$336.00 | Lvptb | Jfhtynmlx |
T-Mobile Earnings: Continued Fiber Investment Overshadows Strong Results
T-Mobile continued to execute well during the second quarter amid a rational wireless competitive environment. Management increased expectations for customer additions in 2024 while narrowing its profitability outlook. However, comments on its recently announced Metronet transaction and T-Mobile’s broader fiber network strategy overshadowed the financial results. After updating our model, our fair value estimate increases to $190 from $180, and we believe the shares are fairly valued.