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Examining the Potential Price Growth of T-Mobile US Inc (TMUS)

In a filing, T-Mobile US Inc revealed its Director Almeida Andre acquired Company’s shares for reported $0.9 million on Dec 09 ’24. In the deal valued at $235.72 per share,3,808 shares were bought. As a result of this transaction, Almeida Andre now holds 3,808 shares worth roughly $0.82 million.

Then, Long Letitia A sold 1,100 shares, generating $254,188 in total proceeds. Upon selling the shares at $231.08, the Director now owns 5,653 shares.

Before that, Long Letitia A bought 1,100 shares. T-Mobile US Inc shares valued at $254,188 were divested by the Director at a price of $231.08 per share.

Wells Fargo downgraded its T-Mobile US Inc [TMUS] rating to an Equal weight from a an Overweight in a research note published on January 06, 2025; the price target was decreased to $220 from $240. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Sector perform”. KeyBanc Capital Markets revised its rating on December 12, 2024. It rated TMUS as “a Sector weight” which previously was an “an Overweight”.

Price Performance Review of TMUS

On Tuesday, T-Mobile US Inc [NASDAQ:TMUS] saw its stock jump 0.34% to $214.18. Over the last five days, the stock has gained 0.85%. T-Mobile US Inc shares have fallen nearly -2.97% since the year began. Nevertheless, the stocks have risen 32.07% over the past one year. While a 52-week high of $248.15 was reached on 01/02/25, a 52-week low of $158.84 was recorded on 01/06/25. SMA at 50 days reached $229.78, while 200 days put it at $196.26.

Levels Of Support And Resistance For TMUS Stock

The 24-hour chart illustrates a support level at 212.13, which if violated will result in even more drops to 210.09. On the upside, there is a resistance level at 215.43. A further resistance level may holdings at 216.68. The Relative Strength Index (RSI) on the 14-day chart is 36.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.43%. Stochastics %K at 28.19% indicates the stock is a holding.

How much short interest is there in T-Mobile US Inc?

A steep rise in short interest was recorded in T-Mobile US Inc stocks on 2024-12-31, dropping by -0.64 million shares to a total of 14.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 15.11 million shares. There was a decline of -4.43%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 10, 2024 when Bernstein began covering the stock and recommended ‘”a Mkt perform”‘ rating along with a $265 price target.

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