Street View: T-Mobile's network edge, pricing strength support growth despite SpaceX risk

Space Exploration Technologies

29/10/2026 11:18

** T-Mobile US TMUS.O raised the lower end of its annual adjusted free cash flow forecast on Wednesday after robust subscriber additions helped the wireless carrier top quarterly revenue estimates
** Shares climb 3.32% to $153 premarket

VALUATION RESET, SPACE-X RISK

** Oppenheimer ("outperform", PT: $260) says TMUS's network advantage and pricing about 15% below peers support its competitiveness, while physical AI and edge computing offer long-term upside
** "An industry price war and SpaceX SPCX.O competition are risks, but TMUS is better insulated than peers" - Oppenheimer 
** J.P. Morgan ("overweight", PT: $235) says postpaid revenue growth and market-share gains support TMUS, despite a softer Q4 outlook
** Scotiabank ("sector perform", PT: $214) says "the debate now shifts to the durability of pricing-led growth and capital allocation between shareholder returns and spectrum"
** TD Cowen ("buy", PT: $258.00) says TMUS' network, pricing and customer experience are driving postpaid growth, but SPCX uncertainty could limit stock upside

 (Reporting by Jayasree Prabhu in Bengaluru)
 ((jayasree.prabhu@thomsonreuters.com))