T-Mobile Stock Slides as Subscriber Growth Disappoints

Core Insights - T-Mobile US Inc's stock has declined by 9.2% to 238.17 despite reporting better-than-expected first-quarter earnings and revenue, primarily due to disappointing subscriber growth [1] - The company added 495,000 monthly bill-paying customers, which was better than competitors AT&T and Verizon, but fell short of analysts' expectations of 506,400 [1] - Year-to-date, T-Mobile's shares are down 8.2%, moving further away from the March 3 record high of 276.49 [2] Options Activity - T-Mobile has seen significant options activity with 8,179 calls and 17,000 puts exchanged, more than double the average daily options volume [3] - The most active options contracts include the weekly 5/2 227.50-strike put and the 235-strike put, with new positions being opened in both [3] Analyst Ratings - RBC Capital is the only firm to adjust its price target post-earnings, raising it to $265 from$260 [4] - Among 30 analysts covering T-Mobile, 19 have a "buy" or better rating, with a 12-month consensus price target of $269.68, representing a 14.2% premium to current levels [4]