Is T-Mobile US (TMUS) One of the Best Beaten Down Growth Stocks to Buy?

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the Best Beaten Down Growth Stocks to Buy According to Analysts. Wall Street has a mixed opinion on T-Mobile US, Inc. (NASDAQ:TMUS) since it released its fiscal third quarter results on October 23. The company topped EPS estimates for the quarter by $0.20; however, the revenue of $21.96 billion fell short of the consensus by $7.29 million.

Recently, on October 28, Laurent Yoon from Bernstein reiterated a Hold rating on T-Mobile US, Inc. (NASDAQ:TMUS) with a price target of $265.

Earlier on October 23, Michael Funk of Bank of America Securities had also reiterated a Hold rating on the stock with a price target of $270. Funk noted that the company posted strong results during the third quarter. He highlighted subscriber growth, postpaid phone net additions, and service revenue as key indicators where T-Mobile US, Inc. (NASDAQ:TMUS) exceeded expectations.

Additionally, the company updated its guidance, suggesting management’s confidence in the company’s growth potential. However, Funk maintained a Hold rating despite these strong results because he believes the company’s current market valuation already incorporates these performance metrics, thereby reducing further upside.

T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communication services across the United States, Puerto Rico, and the Virgin Islands under brands including T-Mobile, Metro by T-Mobile, and Mint Mobile.

While we acknowledge the potential of TMUS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.