New York, Jan 21, 2026, 21:03 EST — Market closed.
- T-Mobile closed at $183.60, essentially flat, and held steady in late trading.
- U.S. stocks rebounded after tariff jitters eased, but TMUS did not keep pace.
- Focus shifts to T-Mobile’s Feb. 11 earnings and capital markets update for new targets.
T-Mobile US, Inc. shares ended Wednesday at $183.60, down 0.03%, and were little changed in late trading — after-hours trading is the extended session after the 4 p.m. ET close. (MarketScreener)
That left the stock treading water after Tuesday’s 1.43% slide, and still far from its recent peak. The shares were about 34% below their 52-week high, a gap that has kept traders jumpy around any hint of tougher pricing in U.S. wireless. (MarketWatch)
The company, for its part, spent Wednesday leaning into a different message. In a newsroom post, T-Mobile said its T-Satellite service with Starlink is now delivering connectivity for more than 150,000 Americans a day in areas where towers can’t reach, and it is powering data on dozens of apps; Chief Business and Product Officer Mike Katz said the “real value” was “everyday access.” (T-Mobile)
The broader tape was firmer. The S&P 500 rose 1.2% after U.S. President Donald Trump called off Greenland-related tariffs he had threatened against Europe, according to an AP report. (AP News)
Telecom peers were mixed in late trading, with Verizon up about 0.4% and AT&T up about 0.3% from their prior closes, data showed.
The next clear date on the calendar is Feb. 11, when T-Mobile plans to report fourth-quarter and full-year 2025 results and hold a capital markets day update — the kind of investor session where companies typically refresh medium-term financial targets. T-Mobile has said it will also update targets for 2026 and 2027. (T-Mobile)
Between now and then, the near-term question is whether the stock can find its footing after a run of declines, or whether the next dip pulls in more sellers. The company’s latest satellite push adds another storyline, but investors will still want the numbers — subscriber growth, service revenue trends and cash generation.
But there is an obvious risk case. If T-Mobile’s February outlook implies heavier promotional pressure or higher costs to keep the network edge, the shares could stay pinned even if the broader market holds up.
For Thursday’s session, traders will be watching whether TMUS can track the market’s risk-on tone after Wednesday’s rebound. The bigger catalyst is Feb. 11, when new targets and guidance could reset expectations — or underline how hard it is getting to defend margins in U.S. wireless.
