Why Is TMUS Stock Rising In Premarket?

• T-Mobile reported Q1 revenue and postpaid additions above analyst expectations.
• TMUS stock rose over 2% in Wednesday’s premarket session.
• Stocktwits sentiment for TMUS shifted to ‘extremely bullish’ from ‘bullish.’

Shares of T-Mobile US, Inc. jumped 2.3% in early premarket trading on Wednesday, after the telecom major beat revenue expectations for the first quarter and raised its subscriber forecast for the year.

The company expects to ‌add between 950,000 and 1.05 million postpaid accounts in 2026, up from 900,000 to 1 million previously. 

TMUS Results Recap

In the first quarter, postpaid net account additions came in at ​217,000, compared to Visible Alpha estimates of 193,236 additions. Revenue increased 11% to $23.11 billion, exceeding analyst expectations of $22.97 billion from LSEG/Reuters. 

“We reported accelerating postpaid net account growth and strong postpaid ARPA growth, reflecting this team’s differentiated ability to not only attract new customer relationships but also deepen the engagement with our existing base,” CEO Srini Gopalan said. 

“This drove the outsized results you see, including industry-leading financial growth.” Rival Verizon Communications raised its annual profit forecast earlier this week.

The results come a week after Reuters reported ​that Germany’s Deutsche Telekom, which has a 53% stake in T-Mobile, is exploring a deal to combine with the U.S. telecom operator. T-Mobile management said on the analyst call that there was no update to share at this point.

Retail View On TMUS

TMUS was among the trending tickers on Stocktwits early Wednesday, with retail sentiment shifting to ‘extremely bullish’ from ‘bullish.’ 

“$TMUS Anything under 220 is a bargain,” a trader said. Another wrote: “Solid beat and raise quarter…will open above 200 tomorrow…way oversold…expect multiple price target raises.”

As of the last close, TMUS shares are down 7.6% year to date. Last week, the company increased its buyback authorization from $14.6 billion to $18.2 billion.

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