$TMUS

SpaceX, led by Elon Musk, may build a mobile network starting with rural areas, targeting Starlink's existing customer base. Analyst Roger Entner estimates a $10B-$15B network cost, significantly lower than competitors' estimates. SpaceX acquired 800 MHz spectrum for $8B, causing major U.S. carriers' shares to drop sharply. Incumbents dismiss the threat, citing spectrum and infrastructure challenges.

T-Mobile US Inc. disclosed $60,000 in lobbying for Q3 2026, covering broadband, wireless services, and infrastructure acts. Insiders traded TMUS stock 6 times in 6 months, with 1 purchase and 5 sales. Institutional investors showed mixed activity, with some increasing and others decreasing their positions. Analysts issued mixed price targets, ranging from $170 to $263, with a median of $247.5.

McDonald's (MCD), Philip Morris (PM), and T-Mobile (TMUS) raised their dividends. MCD became a Dividend King with a 4% increase to $1.93 per share, a 3.3% yield. PM increased its dividend by 9% to $1.60 per share, yielding 3.2%. TMUS raised its dividend by 15% to $1.17 per share, yielding 2.8%. Each company cited strong cash flow and operational resilience.

T-Mobile (TMUS) saw its fair value estimate cut to $236.84 from $243.38 by analysts, citing increased competition. The company reported Q2 revenue of $22.79b and net profit of $3.24b. Analysts have mixed views on the stock, with some upgrading and others highlighting risks. TMUS completed a spectrum deal with Grain Management for $2.9b in cash and 600 MHz licenses.

Shares of AT&T (T), Verizon (VZ), and T-Mobile (TMUS) fell after SpaceX (SPCX) acquired Grain Management's low-band spectrum, raising competition concerns in the telecom sector.

Telecom stocks VZ, T, TMUS, CHTR fell post-SpaceX acquisition, with VZ gaining 1.75% to $43.53. AMAT dropped 6.69% to $464, citing AI-driven demand. JNJ fell 5.73% to $248.61 after earnings, with drug business up 7.7% and MedTech up 2.5%.

SpaceX (SPCX) acquired 14 MHz of 800 MHz spectrum licenses for $8B, aiming to compete in wireless communication. Shares of AT&T (T), T-Mobile (TMUS), and Verizon (VZ) fell on the news. SpaceX may need more spectrum and infrastructure spending to compete, impacting carriers' finances and potentially raising spectrum auction prices.

Bernstein analyst Laurent Yoon maintained a Hold rating on T Mobile US (TMUS) with a $180 price target. The company has a Strong Buy consensus and $223.29 target. TMUS reported Q2 revenue of $22.79B and net profit of $3.24B, up from $21.13B and $3.22B last year.

T-Mobile US (TMUS) stock fell 16.7% over the past month, underperforming the S&P 500. Historically, it has dropped 18% on average during market shocks. The company reported slipping profit margins, slower sales growth, and elevated debt. Management forecast fewer new accounts and slower profit growth for Q3 2026.

T-Mobile's CTO responded to SpaceX's $8B spectrum purchase for Starlink Mobile, stating it won't easily compete with T-Mobile's established network. SpaceX aims to become a major US carrier, while T-Mobile emphasizes the significant investments and time required to build a competitive wireless network. Morningstar increased uncertainty on T-Mobile stock due to potential market disruption.