T-Mobile (TMUS) impressed investors today after it posted strong Q4 2024 earnings results. Its earnings per share of $2.57 easily beat Wall Street’s estimate of $2.29. EPS also increased 54% year-over-year from $1.67. The wireless service company’s 2024 EPS hit a record high of $9.66, representing a 39.4% growth from $6.93 in 2023.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
T-Mobile reported revenue of $21.87 billion in its Q4 earnings report, scoring another win over analysts’ estimate of $21.33 billion. The wireless network company’s revenue increased 6.8% from $20.48 billion in Q4 2023. Its 2024 revenue of $81.4 billion jumped 3.6% from $78.56 billion in 2023. Strong customer growth powered these results with 2 million net additions in Q4 and 6.3 million in 2024.
Investors are celebrating the T-Mobile earnings report today with the company’s shares up 8.26% in pre-market trading. That’s a welcome jump for the stock after a slow start to 2025 with a 0.19% increase year-to-date. However, shares have increased 38.28% over the past 52 weeks.
What to Expect from T-Mobile in 2025
T-Mobile has another strong year lined up for investors in 2025. It expects net customer additions of 5.5 million to 6 million, Core Adjusted EBITDA between $33.1 billion and $33.6 billion, Adjusted Free Cash Flow between $17.3 billion and $18 billion, cash purchases of property and equipment of $9.5 billion, and net cash provided by operating activities of $26.8 billion and $27.5 billion.
Is TMUS Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for T-Mobile is Moderate Buy based on eight Buy and four Hold ratings over the last three months. With that comes an average price target of $250.40, a high of $280, and a low of $220. This represents a potential 13.23% upside for TMUS shares. These ratings and price targets will likely change as analyst update their coverage after today’s earnings report.
