Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Wireless Telecom Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies23
  • 7D-5.4%
  • 3M-17.1%
  • 1Y-22.9%
  • YTD-8.4%

Over the last 7 days, the Wireless Telecom industry has dropped 4.3%, driven by a pullback from T-Mobile US of 6.3%. The industry has fallen 20% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the U.S. Wireless Telecom Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jun 2026US$229.8bUS$106.5bUS$13.2b18.1x17.5x2.2x
Sun, 03 May 2026US$245.5bUS$105.6bUS$12.9b20x19.1x2.3x
Tue, 31 Mar 2026US$262.6bUS$104.8bUS$13.5b17.3x19.4x2.5x
Thu, 26 Feb 2026US$272.6bUS$105.3bUS$13.1b19.3x20.8x2.6x
Sat, 24 Jan 2026US$236.6bUS$106.5bUS$14.0b17.1x16.9x2.2x
Mon, 22 Dec 2025US$245.7bUS$106.5bUS$14.0b17.3x17.6x2.3x
Wed, 19 Nov 2025US$262.8bUS$106.4bUS$14.2b13.7x18.6x2.5x
Fri, 17 Oct 2025US$279.9bUS$104.3bUS$14.3b19x19.5x2.7x
Sun, 14 Sep 2025US$297.0bUS$104.3bUS$14.3b21.1x20.7x2.8x
Tue, 12 Aug 2025US$304.2bUS$103.3bUS$13.4b22.6x22.6x2.9x
Thu, 10 Jul 2025US$287.5bUS$101.4bUS$12.5b20.7x22.9x2.8x
Sat, 07 Jun 2025US$297.7bUS$101.4bUS$12.5b18x23.8x2.9x
Mon, 05 May 2025US$301.3bUS$101.4bUS$12.4b15.1x24.3x3x
Wed, 02 Apr 2025US$323.5bUS$100.3bUS$11.9b15x27.1x3.2x
Fri, 28 Feb 2025US$319.1bUS$102.8bUS$12.3b10.6x25.9x3.1x
Sun, 26 Jan 2025US$271.5bUS$101.5bUS$10.8b12.9x25.2x2.7x
Tue, 24 Dec 2024US$272.4bUS$101.5bUS$10.7b18.4x25.4x2.7x
Thu, 21 Nov 2024US$286.8bUS$101.4bUS$10.4b11.1x27.5x2.8x
Sat, 19 Oct 2024US$274.2bUS$100.7bUS$9.7b15.4x28.4x2.7x
Mon, 16 Sep 2024US$251.4bUS$100.7bUS$9.7b15.9x25.9x2.5x
Wed, 14 Aug 2024US$241.1bUS$100.7bUS$9.7b20.1x24.8x2.4x
Fri, 12 Jul 2024US$227.0bUS$100.4bUS$9.1b13.2x24.9x2.3x
Sun, 09 Jun 2024US$226.6bUS$100.4bUS$8.8b21x25.9x2.3x
Tue, 07 May 2024US$201.2bUS$99.8bUS$8.8b17.3x22.9x2x
Thu, 04 Apr 2024US$204.7bUS$100.2bUS$8.1b20.5x25.2x2x
Sat, 02 Mar 2024US$204.4bUS$100.2bUS$8.3b15.2x24.6x2x
Mon, 29 Jan 2024US$206.2bUS$101.1bUS$8.8b11.3x23.3x2x
Wed, 27 Dec 2023US$191.7bUS$100.9bUS$8.3b13.1x23.1x1.9x
Fri, 24 Nov 2023US$183.8bUS$100.9bUS$8.3b15.5x22.1x1.8x
Sun, 22 Oct 2023US$173.4bUS$100.9bUS$6.7b6.7x26x1.7x
Tue, 19 Sep 2023US$177.9bUS$100.9bUS$6.7b7x26.7x1.8x
Thu, 17 Aug 2023US$175.0bUS$100.0bUS$6.4b6.7x27.2x1.7x
Sat, 15 Jul 2023US$176.7bUS$99.8bUS$4.0b14.8x43.8x1.8x
Mon, 12 Jun 2023US$166.7bUS$99.8bUS$4.2b22.2x39.2x1.7x
Price to Earnings Ratio

39.2x


Total Market Cap: US$166.7bTotal Earnings: US$4.2bTotal Revenue: US$99.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Wireless Telecom Industry Price to Earnings3Y Average 24.1x202420252026
Current Industry PE
  • Investors are pessimistic on the American Wireless Telecom industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 18.1x which is lower than its 3-year average PE of 24.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Wireless Telecom industry have grown 46% per year over the last three years.
  • Revenues for these companies have grown 2.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Telecom industry?

US Market-0.11%
Telecom-3.92%
Wireless Telecom-5.37%
Wireless Telecom Services-5.37%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TIGO Millicom International CellularUS$87.294.1%
+US$578.3m		138.7%PE11.8x
AD Array Digital InfrastructureUS$51.951.6%
+US$70.0m		-16.9%PE13x
TDS Telephone and Data SystemsUS$39.660.9%
+US$39.8m		14.1%PE22.5x
SPOK Spok HoldingsUS$10.933.5%
+US$7.7m		-33.1%PE18x
FNGR FingerMotionUS$0.813.3%
+US$1.6m		-67.6%PS2.1x

Latest News

UCL
US$1.02
uCloudlink Group
7D
2.6%
1Y
-38.2%
AD
US$51.95
Array Digital Infrastructure
7D
1.6%
1Y
-16.9%
KYIV
US$13.94
Kyivstar Group
7D
-2.9%
1Y
21.4%
VEON
US$51.53
VEON
7D
-8.9%
1Y
-0.3%
Narrative Update • Jun 03

VEON: Digital And AI1440 Expansion Will Drive Future Emerging Market Upside

Analysts have trimmed their VEON fair value estimate from $83.64 to $83.44 as they factor in slightly softer revenue growth and profit margin assumptions, while still reflecting supportive sentiment from recent bullish research. What's in the News Q1 2026 results: VEON reported revenue of US$1.201b and EBITDA of US$517m, with digital revenues up 57.7% and now over 25% of total revenue, and earnings per share of US$1.39 for the quarter, according to Q1 2026 results coverage.
GOGO
US$4.12
Gogo
7D
-13.8%
1Y
-62.8%
Narrative Update • Jun 02

GOGO: Future Cash Flows Will Be Driven By Capital Returns Strategy

Analysts have trimmed their price target on Gogo stock to $7 from $8, reflecting concerns around legacy ATG revenue pressure and customer churn, even as they point to a refreshed product lineup and potential future capital return as key areas to watch. Analyst Commentary Recent research on Gogo has leaned cautious, with several bearish analysts cutting price targets and flagging execution and growth risks tied to the legacy air-to-ground (ATG) business and future guidance.
TMUS
US$177.02
T-Mobile US
7D
-6.3%
1Y
-27.7%
Seeking Alpha • Jun 02

T-Mobile: Business Overview And Investment Instruments

Summary T-Mobile fundamentals remain robust, with service revenue and free cash flow both rising despite recent share price declines. Q1 2026 net income fell due to one-time US Cellular acquisition costs, not core business weakness; management raised full-year guidance. TMUS aggressively repurchased $4.9B in shares in Q1 and maintains a low dividend payout ratio, signaling confidence in valuation. TMUS baby bonds and OTC bonds are investment grade but currently offer unremarkable yields and carry substantial interest rate risk; better alternatives exist. Read the full article on Seeking Alpha
SURG
US$0.54
SurgePays
7D
-4.6%
1Y
-80.7%
Narrative Update • Jun 01

SURG: Higher Profit Margin Outlook Will Support Upside Despite Listing Risks

SurgePays' analyst price target has been revised down by $4.75, with analysts pointing to updated assumptions for the discount rate, revenue growth, profit margin and future P/E as key drivers of the change. Analyst Commentary Analysts updating their models after the revised price target are focusing on how new assumptions for discount rate, revenue growth, profit margin and future P/E feed into SurgePays' risk and return profile.
FNGR
US$0.81
FingerMotion
7D
3.3%
1Y
-67.6%
TDS
US$39.66
Telephone and Data Systems
7D
0.9%
1Y
14.1%
Seeking Alpha • May 28

Telephone and Data Systems Preferreds: High Qualified Yield And Improving Credit Profile

Summary Telephone and Data Systems preferred shares offer a ~7.5% qualified yield, supported by recent deleveraging and strong liquidity. TDS.PR.V stands out with a 20% discount to par, offering superior capital appreciation potential and lower call risk versus TDS.PR.U. Recent asset monetization and debt reduction have materially improved TDS’s credit profile, enhancing preferred holders’ safety and upside. TDS preferred shares are rated as a buy, with TDS.PR.V preferred for its relatively better risk-reward profile; allocations should be monitored regularly. Key risk considerations include liquidity deployment toward unproductive capex or special dividends, higher interest rates, and the company’s call option limiting upside participation. Read the full article on Seeking Alpha
TIGO
US$87.29
Millicom International Cellular
7D
4.1%
1Y
138.7%
Narrative Update • May 21

TIGO: Faster Colombia Consolidation And Network Expansion Will Reshape Forward Risk Reward Profile

Analysts lifted their price target on Millicom International Cellular to $100 from $89, citing updated assumptions that include a revised discount rate, adjusted revenue growth expectations, higher projected profit margins, a slightly lower future P/E multiple, and recent research that points to faster than expected progress from the Colombia consolidation. Analyst Commentary Recent Street research points to a clear shift in sentiment around Millicom International Cellular, with bullish analysts revisiting their models and assigning higher values to the stock.
SPOK
US$10.93
Spok Holdings
7D
3.5%
1Y
-33.1%
KORE
US$9.18
KORE Group Holdings
7D
-0.1%
1Y
265.7%
Narrative Update • Mar 27

KORE: Pending Buyout Structure Will Restrict Future Shareholder Upside Potential

Analysts have updated their price target for KORE Group Holdings to reflect a fair value of $5.00, citing small adjustments to the discount rate, profit margin assumptions, and a modestly higher future P/E multiple as key drivers of the change. What's in the News ABRY Partners and Searchlight Capital Partners signed a letter of intent to acquire the remaining majority stake in KORE Group Holdings for approximately US$730 million, and later entered into a definitive agreement for the transaction.