NEW YORK, Feb 8, 2026, 16:09 (EST) — Market is now shut.
- TMUS slipped 2.2% to $197.39 on Friday, missing out as the broader market pushed higher.
- Attention shifts to T-Mobile as investors await its Feb. 11 earnings and the capital markets day update.
- The subscriber battle picks up another angle with marketing pushes and network shuffles around Sunday’s “Big Game.”
T-Mobile US shares slipped 2.21% Friday, ending a three-day rise and settling at $197.39. That left the stock trailing broader indexes and lagging major telecom rivals. Shares wrapped up roughly 29% off their 52-week high. Trading volume hovered just below the 50-day average.
U.S. markets take a breather over the weekend, but things pick up fast. T-Mobile will drop its fourth-quarter and full-year 2025 numbers this Wednesday, Feb. 11, and plans to pair that with a capital markets day update.
The issue? The stock keeps slipping after moves higher—even with a strong market backdrop. What investors are chasing: concrete figures on customer growth, more clarity on acquisition costs, and updates to both long-range goals and capital return strategies.
T-Mobile is rolling out a new brand campaign, grabbing the weekend limelight again. The wireless carrier’s “Big Game” ad—their 13th in a row—will star the Backstreet Boys. Chief Brand and Communications Officer Lucy McLellan described the spot as “about asking Americans to pause and think” about what they’re actually getting from their mobile provider. T-Mobile
T-Mobile has engineering and support teams stationed throughout the Bay Area, prepping for spikes in network traffic and making sure public safety communications stay up during the Big Game. “This is about being on the ground when it matters most,” said Salim Kouidri, a senior vice president of technology at T-Mobile. He highlighted tech like “network slicing,” which allocates a segment of the 5G network specifically for certain users. Business Wire
Wall Street is looking for earnings of roughly $2.13 a share and revenue hitting $24.27 billion for the quarter, according to consensus figures from MarketBeat. The company’s results land before the bell.
Traders will fixate on the main numbers, but the story probably comes down to postpaid phone net adds, churn rates, and whatever traction shows up in fixed wireless home broadband. Guidance tweaks—any hints on cash flow or capital spend—are bound to hit the stock’s pricing heading into spring.
The downside is hard to ignore. Aggressive promos might lift subscriber numbers, but they can eat into margins fast. Risks around telecom advertising aren’t fading, either. Verizon this week sued T-Mobile, alleging false advertising over savings pitched to switchers—a dispute that could keep the spotlight on promo tactics and messaging.
Friday’s drop put T-Mobile behind its peers, despite the surge in equities. Now, heading into Monday’s open, investors face fresh nerves over whether the stock can steady itself before Wednesday’s earnings and strategy update — the event that could send shares sharply up or down.
