PerpEquities

Equity · Communication services

T-Mobile US, Inc. (TMUS) perpetual futures

TMUS perpetual futures on 3 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade TMUSUSDT.

T-Mobile US provides mobile telecommunications services, including voice, messaging and data, plus wireless devices, through postpaid, prepaid and wholesale segments in the US, Puerto Rico and the US Virgin Islands.

$159.64+3.1%NASDAQ closed
Open in terminal

Price chart

 

Use the left and right arrow keys to inspect points on the chart.

Collecting venue price data...
venue perp mark · MEXC (TMUS/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

3/4 live markets
Venues
4
Live markets
3/4
24h volume
$104.4K
Open interest
$162K
Best liquidity
$2.7K
MEXC
Tightest spread
+39.6 bps
Gate.io
Highest volume
$102.8K
MEXC
Settlement mix
USDT · 3/4
Perp/spot vol.
0.00x
Spot volume $868.2M
OI / float
0.00%
Float $75.5B
Spot performance
1D+3.08%
5D+6.11%
1M-2.73%
6M-18.13%
YTD-21.61%
1Y-22.84%

Venue matrix

4 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeTMUS/USDTTrading$159.64-21.9% APR
-0.020% every 8h		+136.1 bps$2.7K$102.8K$75.5KUSDT20x
Gate.ioTradeTMUS/USDTTrading$159.030.0% APR
0.000% every 8h		+39.6 bps-$1.6K$86.5KUSDT20x
ExtendedTradeTMUS/USDTrading$158.80+4.4% APR
+0.00050% every 1h		+630.3 bps$0$0$0USD10x
BingXTradeTMUS-USDTWatchlist------USDT-

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 3 venues absorb $10k

No fresh book data: MEXC, Gate.io, Extended

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

TMUS
MEXC · TMUS/USDT$2.7K

Tightest spread

TMUS
Gate.io · TMUS/USDT+39.6 bps

Highest volume

TMUS
MEXC · TMUS/USDT$102.8K

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-10-28 · next report 2027-02-10 · Updated 100h ago
All financials →

Valuation & key figures

Market cap
$165.7B
Updated 100h ago
Revenue
$93.8B
Trailing 12 months
Revenue growth
+7%
Next fiscal year
Profit margin
+12.0%
P/E
15.1
Peer P/E 18.1
P/S
1.8
Peer P/E
18.1
Similar listed perps
Free cash flow
$16.1B
Trailing 12 months
Net income
$11.3B
Trailing 12 months
Revenue estimate
$94.8B
Next fiscal year
Earnings
2027-02-10
Revenue est. $25.4B · Updated 100h ago
Dividend
$1.17
2026-11-25
Revenue (TTM)$93.8B+9.3% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)21.0%-1.7 pp vs a year agoOperating income $19.7B
Net income (TTM)$11.3B-4.8% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$16.1B-1.4% vs a year agoCapex $12.6B
Diluted EPS (TTM)$10.36-0.3% vs a year agoSum of the last 4 quarters
Net cash-$112B+4.0% vs a year agoCash + short-term investments - debt
  • Last report (2026-10-28): revenue beat by 1.9%, EPS beat by 11.4%Revenue $23.6B vs $23.1B expected (+1.9%); EPS $3.22 vs $2.89 (+11.4%).
  • Revenue growth slowing: 7.4% year on yearQ3 '26 revenue $23.6B, against an average of 9.7% over the four quarters before.
  • Operating margin 21.0% (TTM), -1.7 pp on a year agoOperating income grew 1.0% while revenue grew 9.3%.
  • 32.5% of pre-tax profit is eaten by non-operating lossesPre-tax income $14.8B vs operating income $19.7B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.

Revenue, operating income and growth

quarterly

Revenue by business line

latest quarter
LineRevenuey/yShare
Branded Postpaid Revenue$16.3B+9.3%69.0%
Product, Equipment$3.93B+13.4%16.7%
Branded Prepaid Revenue$2.43B-7.5%10.3%
Wholesale Service Revenue$679M-7.5%2.9%
Product and Service, Other$280M+11.6%1.2%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 258 lines T-Mobile US, Inc. reported to the SEC

Next catalyst

Catalysts

Earnings
2027-02-10
Revenue est. $25.4B · Updated 100h ago
Dividend
$1.17
2026-11-25

No unusual perp activity right now.

Reference data

Market context

Reference market

Closed
NASDAQ
Regular hours
09:30 AM – 04:00 PM
Next holiday
Nov 26, 2026 · Thanksgiving Day

After-hours reference

Bid158
Ask159.49
Volume5,565,696

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202611.17$94.8B+7%16
FY 202714.09$99B+12%17
FY 202817.15$102.6B+16%13
FY 202918.31$104.7B+19%10
FY 203020.52$109.5B+24%5
Q1 20273.36$24.2B+5%7

Company events

6
2027-02-10EarningsActual - / Estimate 2.71-
2026-11-25Dividend$1.17-
2026-10-28Earnings · After market closeActual 3.22 / Estimate 2.89Beat
2026-08-28Dividend$1.02-
2026-07-23EarningsActual 2.99 / Estimate 2.59Beat
2026-05-29Dividend$1.02-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
RECRUIT$153.9B6.342.6+15.0%1SOFTBANK$153.6B3.05.0+61.6%8T$141B1.111.3+10.1%2VZ$191.4B1.411.8+11.8%3DIS$205.4B2.124.5+8.7%15SPOT$120.1B5.535.3+15.5%8CMCSA$80.3B0.77.2+9.2%6DASH$77.6B4.573.4+6.2%15

Company data

Company intelligence

Updated: Nov 4, 2026, 10:22 AM UTC

Company profile

Sector
Communication Services
Industry
Telecommunications Services
Chief executive
Srinivasan Gopalan
Employees
75,000
IPO date
Apr 19, 2007
Country
US
Exchange
NASDAQ Global Select
Website
Altman Z-scorei1.52
Piotroski scorei8/9
Overall ratingiB
Owner earningsi$6.50B$6.06 per share
ESG risk ratingiB-Industry rank: 85 out of 92

Rating factors

Return on equityi
4
Return on assetsi
4
Debt to equityi
1
Price to earningsi
2
Price to booki
2

Company press releases

T-Mobile Brings More to the Holiday Mix: Deals on the Season's Must-Have Tech, All-New T-Mix Plans and MoreBusiness WireT-Mobile Doubles Down on the Power of Brand, Unveiling a Next-Generation Creative EcosystemBusiness WireT-Mobile Opens Up on Its Cybersecurity Transformation in New ReportBusiness WireT-Mobile Fiber Unveils Its Fastest Plan Yet — 5 Gig with a 10-year Price GuaranteeBusiness WireFour Schools. One $1M Grand Prize.Business WireT-Mobile Delivers Strong Account and ARPA Growth, Translating into Industry-Leading Service Revenue, Profitability and EPS GrowthBusiness Wire

Congressional disclosures

Senate

House

Market cap history
$165.32B-13.7%Aug 26 – Nov 26
$157.31B$177.58B$197.86BHigh: $197.86B · 2026-09-14Low: $157.31B · 2026-10-26Latest: $165.32B · 2026-11-03Aug 26Sep 26Oct 26Nov 26
Latest: $165.32B · 2026-11-03High: $197.86B · 2026-09-14Low: $157.31B · 2026-10-26
Largest fund holders
FundWeightShares held
VCPA.S0.66%31.5M
QQQ0.68%22.3M
VSCA.S0.45%14M
VTI0.1%13.6M
VOO0.12%12.7M
VECA.S0.15%7.7M
FXAIX0.12%6.5M
IVV0.12%6.4M
XSP.TO0.11%6.4M
XLC4.28%6.3M
SPY0.11%5.9M
QQQM0.68%5.1M

Analyst track record

How the analysts covering TMUS have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings136430
Analysts3446
Buy / hold / sell100 / 36 / 0328 / 98 / 4
Upgrades / downgrades / initiations9 / 2 / 216 / 11 / 6
Price targets hit / missed0 / 126 (0%)0 / 393 (0%)
Avg. return after a rating (TipRanks)-38.5%-36.6%
Best / worst call-10.7% / -52.5%-10.7% / -52.5%

After buy calls on this stock: median 21-day move +1.8% vs S&P 500 -0.8% (n = 332)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Michael RollinsCiti100% hit rate on this stock · 9 targets measuredHoldtarget $165Oct 29, 2026
  2. Kannan VenkateshwarBarclays86% hit rate on this stock · 22 targets measuredBuytarget $200Oct 29, 2026
  3. John HodulikUBS86% hit rate on this stock · 14 targets measuredBuytarget $235Oct 29, 2026

Latest ratings

DateAnalystCallTarget
Nov 4, 2026Matthias VolkertDZ BANK AGBuyMaintained–
Oct 30, 2026Sean DiffleyMorgan StanleyBuyReiterated$196article ↗
Oct 29, 2026Unknown AnalystOppenheimerBuyMaintained$260article ↗
Oct 29, 2026Lyaysyan SedovaFreedom Capital MarketsBuyMaintained$235article ↗
Oct 29, 2026Bryan KraftDeutsche BankBuyMaintained$200article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$160$180$200$220$240$260Dec 25 · Buy 17 · Hold 8 · Sell 0Dec 25Jan 26 · Buy 17 · Hold 7 · Sell 0Feb 26 · Buy 18 · Hold 7 · Sell 0Feb 26Mar 26 · Buy 17 · Hold 6 · Sell 0Apr 26 · Buy 24 · Hold 4 · Sell 0Apr 26May 26 · Buy 23 · Hold 4 · Sell 0Jun 26 · Buy 21 · Hold 3 · Sell 0Jun 26Jul 26 · Buy 23 · Hold 3 · Sell 0Aug 26 · Buy 21 · Hold 5 · Sell 0Aug 26Sep 26 · Buy 21 · Hold 4 · Sell 0Oct 26 · Buy 17 · Hold 5 · Sell 0Oct 26Nov 26 · Buy 17 · Hold 5 · Sell 0Dec 25 · avg. target $267Jan 26 · avg. target $266Feb 26 · avg. target $265Mar 26 · avg. target $264Apr 26 · avg. target $255May 26 · avg. target $253Jun 26 · avg. target $253Jul 26 · avg. target $240Aug 26 · avg. target $238Sep 26 · avg. target $237Oct 26 · avg. target $221Nov 26 · avg. target $221Dec 25 · month-end close $203Jan 26 · month-end close $197Feb 26 · month-end close $217Mar 26 · month-end close $210Apr 26 · month-end close $196May 26 · month-end close $188Jun 26 · month-end close $168Jul 26 · month-end close $173Aug 26 · month-end close $180Sep 26 · month-end close $163Oct 26 · month-end close $156Nov 26 · month-end close $156

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 4, 2026 · 136 ratings

Frequently asked questions

Where can I trade TMUS perpetual futures?

T-Mobile US, Inc. (TMUS) perpetual futures trade on 3 crypto venues, including MEXC, Gate.io, Extended. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade TMUS around the clock?

Yes. Unlike the underlying stock, TMUS perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on TMUS perpetuals?

Right now the TMUS perp funding rate is 0.0% annualized (venue median), ranging from -21.9% to +4.4% across 3 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the TMUS perp price compare to the T-Mobile US, Inc. stock?

The venue-median TMUS perp mark is $159 versus a reference stock price of $159.6, a basis of -0.4%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a TMUS perpetual future?

A TMUS perpetual is a derivative that tracks the price of T-Mobile US, Inc. with no expiry date. It lets you take long or short exposure to T-Mobile US, Inc. on crypto venues, around the clock.

What is TMUSUSDT perpetual?

TMUSUSDT is the symbol most crypto exchanges use for the T-Mobile US, Inc. perpetual settled in USDT (Tether). It tracks the TMUS share price through an index, trades 24/7 with leverage and never expires.

Other Communication services perps

Also listed on MEXC

Also listed on Gate.io

Also listed on Extended

Embed this asset

TMUS perpetuals · perpequities.comTMUS perpetuals · perpequities.com
<a href="https://perpequities.com/stocks/tmus-perp"><img src="https://perpequities.com/badge/tmus-perp.svg" width="240" height="64" alt="TMUS perpetuals · perpequities.com" loading="lazy"></a>

Raw data: JSON · CSV · API

Next step

Stay on top of TMUS perps

Signals with a track record

Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

Join on Telegram

Weekly digest by email

The listings, funding and moves that matter for TMUS — one email every Sunday.

Watchlist and alerts

Price and funding alerts for TMUS, via push or Telegram.

Set an alert

Follow the live feed

Daily movers, new listings and funding extremes as they happen.

Follow on X