NEW YORK, Feb 16, 2026, 19:21 EST — Market closed.
T-Mobile US ended Friday at $219.50, rising roughly 2.3%. U.S. markets were closed Monday for Presidents Day, so stock trading picks back up Tuesday.
This pause is key—TMUS recently reset its guidance, putting the spotlight squarely back on cash returns. Now, investors face a fresh choice: stick with the post-earnings bid, or bail if momentum fades.
T-Mobile, in its Capital Markets Day update on Feb. 11, projected service revenues at roughly $77.0 billion for 2026, with core adjusted EBITDA landing between $37.0 billion and $37.5 billion. Adjusted free cash flow? The company put that in a range of $18.0 billion to $18.7 billion. T-Mobile also raised its 2027 outlook and plans to ramp up first-quarter share buybacks, aiming to spend as much as $5.0 billion—about twice what it previously targeted.
The company reported fourth-quarter postpaid phone net adds of 962,000 that day—topping its main U.S. wireless rivals, though missing FactSet’s estimates. Executives now plan to stop sharing postpaid phone subscriber additions starting this quarter, focusing instead on account growth and ARPA (average revenue per account). MoffettNathanson’s Craig Moffett called the move “analytically correct,” but said, “more is more” in terms of disclosure. Reuters
So now Verizon and AT&T are back in focus. It’s the pricing and promotions that hit churn and net adds before anything shows up in a press release. If this spring’s selling turns chaotic—or there’s a fresh wave of “free phone” offers—those are the kinds of signals traders look for.
T-Mobile USA plans to sell €2.5 billion in euro-denominated senior notes, the company said, with closing set for Feb. 19 pending typical conditions. Proceeds are earmarked for general corporate purposes—anything from buybacks to dividends to debt refinancing, according to T-Mobile.
The stock’s valuation already assumes strong delivery. Should churn, the proportion of departing customers, tick higher, or if increased promotions eat into margins, investors may begin to scrutinize those loftier free-cash-flow goals and how quickly buybacks are happening.
Next up, U.S. equities resume trading Tuesday, Feb. 17. Over at T-Mobile’s investor page, a $1.02 dividend appears, with record date set for Feb. 27 and payment scheduled on March 12.
