TMUS

LONGINSIDER BUYINSIDER SELL

T-MOBILE US INC

Funds

Score

4.50

vs SPY

-27.0%

Stock return (since Q-end)

-10.7%

SPY return (since Q-end)

+16.3%

Current price

$187.53

News Summary

Positive

T-Mobile delivered a strong Q1 2026 earnings beat (EPS +12.9%, revenue +10.6%) with accelerating postpaid growth, raised 2026 guidance, and expanded shareholder returns to $18.2B, while simultaneously advancing major growth initiatives in fiber broadband (2 JVs targeting 1.8M households) and B2B services. However, material headwinds include a potential Deutsche Telekom merger that could face significant regulatory/geopolitical scrutiny, net income decline of 15.2%, and operating profit contraction despite revenue growth.

Red flags

•Net income declined 15.2% YoY despite revenue growth of 10.6%, signaling margin pressure and operational challenges
•Operating profit fell 6.31% YoY despite strong revenue and EBITDA growth, indicating rising costs or one-time charges
•Deutsche Telekom merger discussions could face major regulatory and geopolitical hurdles; unclear probability and terms create M&A execution risk
•CEO transition to Srini Gopalan (Nov 2025) with previous CEO Sievert departing Nov 2026 presents management continuity risk during critical growth phase

Funds Buying (3)

Fund	Manager	Shares Held	∆ Shares	Position Value	QoQ	Status
Viking Global	Andreas Halvorsen	3.0M	+3.0M	$623.2B	—	NEW
Point72	Steve Cohen	1.4M	+1.4M	$302.8B	—	NEW
Maverick Capital	Lee Ainslie	2K	+2K	$452M	—	NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.

Insider Activity

Name	Title	Type	Shares	Price	Value	Filed
Freier Jon	Chief Operating Officer	SELL	5K	$190.00	$0.91M	2026-05-21
Almeida Andre	Chief Broadband, Ent. & Emerg	BUY	5K	$196.18	$1.00M	2026-05-01
Katz Michael J.	Chief Bus. and Prod. Officer	SELL	5K	$195.81	$0.98M	2026-05-01