New York, Feb 7, 2026, 16:46 EST — The market has closed.
T-Mobile US dropped 2.2% Friday, settling at $197.39 and halting a three-day winning streak, while other telecom names moved higher with the market. Around 5.1 million shares changed hands—just under the 50-day average. Shares finished the session down about 29% from their 52-week high. 1
That dip puts investors up against a packed schedule: T-Mobile is set to release both fourth-quarter and full-year 2025 numbers on Feb. 11, with the earnings call doubling as its capital markets day update — a session where execs present new goals and plans. According to the company, CEO Srini Gopalan and top brass will roll out revised 2026 and 2027 financial targets during a New York event that same morning. 2
Macro headlines may take up most of the attention. Reuters’ week-ahead notes a packed schedule: delayed U.S. data is coming in, with January’s jobs report set for Wednesday and CPI following Friday, after a brief government shutdown held things up. “Rotation is the dominant theme this year,” said Angelo Kourkafas, senior global investment strategist at Edward Jones, talking about the market’s move away from last year’s high-flyers. 3
T-Mobile ramped up its consumer campaign in the run-up to Sunday’s “Big Game,” debuting a new ad starring the Backstreet Boys. “This spot is about asking Americans to pause and think” about what they get from their wireless provider, Chief Brand and Communications Officer Lucy McLellan said in the company’s release. 4
T-Mobile has stationed engineering teams and mobile units throughout the Bay Area, aiming to keep emergency communications running and manage any traffic surges tied to the event. Salim Kouidri, Senior Vice President of Technology, pointed to “network slicing”—a method for locking in specific 5G bandwidth—and priority features designed to make sure first responders stay online when demand is at its highest. 5
There’s friction brewing between the carriers. Verizon has taken T-Mobile to court, alleging the rival’s ads—those touting yearly savings of over $1,000—cross the line into misleading territory. T-Mobile, for its part, told Fierce Network it “stand[s] behind” the marketing and plans to fight the suit. 6
Bulls face a clear risk here. Should the updated 2026-27 targets disappoint, Friday’s drop could spiral into something slower and tougher. If a court battle ends up reshaping major marketing claims, that’s yet another headache right when they don’t need it.
When markets open Monday, traders are expected to get set ahead of the Feb. 11 results and the upcoming target update. Also on deck that week: the rescheduled U.S. jobs report plus fresh inflation numbers—a pairing that could shake up rate bets fast, telecom defensives included.
