T-Mobile's Subscriber Growth Misses Estimates, Sinking Stock

Sentiment surrounding TMUS is still incredibly optimistic

Digital Content Manager
Jan 7, 2022 at 9:32 AM
facebook twitter linkedin

The shares of T-Mobile Us Inc (NASDAQ:TMUS) are off 2.9% at $112.22 in pre-market trading, after the company revealed that its postpaid net subscriber additions for the fourth-quarter came in at 844,000, while subscribers for 2021 came in at 2.9 million. Analysts were expecting 868,000 subscriber additions for the quarter, and T-Mobile's rival AT&T (T) added 880,000 monthly subscribers, further weighing on the stock. 

TMUS spent the second half of 2021 in selloff mode, with its two major rally attempts losing steam near the $123 level. It's mid-December bounce was also rejected by the 80-day moving average, which helped guide the shares lower into the new year. While TMUS has put some distance between its current levels and its Dec. 1 annual low of $106.70, it still sports a year-over-year deficit of 12.1%. 

Analysts are still overwhelmingly optimistic on the stock. Of the 14 in coverage, 13 consider T-Mobile stock a "buy" or better. Plus, its 12-month consensus price target of $167.89 is a 50.1% premium to current levels. 

Options players have taken a similar stance. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), TMUS' 10-day call/put volume ratio of 4.00 stands higher than 85% of readings from the past 12 months. This means long calls have rarely been more popular in the past year. 


Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 


300x250 - Banner 3 - v1