TDSTDSCommunication Services · Telecom Services

TDS Stock Forecast: Telephone & Data Systems, Inc. Price Predictions for 2026-2027

Last close, 18 Sept 2026
$36
−0.47% on the day

The 3 Wall Street analysts covering Telephone & Data Systems, Inc. hold a median 12-month price target of $48 — +32.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 46 of 100 as at 19 Sept 2026 — in the lower half.

Market cap
$4.1B
Ticker Nerd rank
46 / 100
Median analyst target
$48
Analysts covering
3
Revenue$309.3M−73.9% y/y
Operating income−$20.3M
Net income$366.4M
Free cash flow−$113.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.1%
1M
+5.2%
YTD
−12.2%
1Y
−5.5%
From 52W high
−24.3%
From 52W low
+9.0%
$33
$47
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TDS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Telephone & Data Systems, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 19 Sept 2026
46 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
94
Revisions
85
Accruals
59
Momentum
47
Volatility
37
Quality
35
Growth
30
Size
27
Value
15

Issuance (94): The share count has been shrinking and the company is not leaning on new borrowing.

Value (15): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

TDS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TDS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$35$40$45$50Oct 25Jan 26Apr 26Jul 26TDSHigh $48Median $48Low $47

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says3 analysts
2 Buy1 Hold0 Sell
Low $47Median $48High $48

The green dot is the last close — the median target sits +32.3% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
19 Aug 2026JP MorganMaintainsOverweight$51$48
13 Aug 2026CitigroupMaintainsBuy$50$47
11 May 2026Raymond JamesDowngradeMarket Perform
11 May 2026Raymond JamesDowngradeMarket Perform
23 Feb 2026CitigroupMaintainsBuy
7 Jan 2026CitigroupMaintainsBuy
26 Nov 2025CitigroupReinstatesBuy$45
12 Aug 2025JP MorganMaintainsOverweight
12 Aug 2025Raymond JamesMaintainsOutperform
25 July 2025Raymond JamesReiteratesOutperform
28 May 2025JP MorganMaintainsOverweight
5 May 2025Raymond JamesReiteratesOutperform
24 Feb 2025JP MorganMaintainsOverweight
7 Nov 2024Raymond JamesUpgradeOutperform
4 Nov 2024JP MorganMaintainsOverweight
29 May 2024JP MorganMaintainsOverweight
13 May 2024JP MorganMaintainsOverweight
11 Sept 2023Morgan StanleyMaintainsEqual-Weight
8 Aug 2023JP MorganUpgradeOverweight
4 Aug 2023CitigroupUpgradeBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TDS appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

TDS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Telephone & Data Systems, Inc. returned −5.5% against +16.3% for the S&P 500, dividends included.

TDS vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120Oct 25Jan 26Apr 26Jul 26TDSS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TDS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+171.1%
Analysts raising
2
Analysts cutting
0
Fundamentals

Telephone & Data Systems, Inc. (TDS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
9.0×

Cheaper than 60% of US stocks

Price / sales
3.3×

Cheaper than 38% of US stocks

Price / book
0.8×

Cheaper than 79% of US stocks

EV / EBITDA
13.9×

Cheaper than 25% of US stocks

Growth & margins
Revenue growth (YoY)
3.6%

Higher than 35% of US stocks

Earnings growth (YoY)
2478.6%

Higher than 99% of US stocks

Gross margin
58.2%

Higher than 71% of US stocks

Operating margin
−6.6%

Higher than 26% of US stocks

Net margin
33.2%

Higher than 91% of US stocks

Returns & dividend
Return on equity
11.8%

Higher than 67% of US stocks

Return on assets
−0.2%

Higher than 42% of US stocks

Dividend yield
0.4%

Higher than 8% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Telephone & Data Systems, Inc. (TDS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Telephone & Data Systems, Inc. has a market value of $4.1B and an enterprise value of $4.5B.

  • Revenue in the twelve months to 30 June 2026: $1.3B. The latest quarter grew 3.6% year on year.

  • Net income over the same four quarters: $533.9M, a 42.4% net margin.

  • Diluted earnings per share, trailing twelve months: $2.99.

  • Free cash flow in the twelve months to 30 June 2026: −$452.3M.

  • Telephone & Data Systems, Inc. spent $108.1M on share buybacks and $87.6M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 115.1M.

  • Trailing P/E: 9.0×; forward P/E: 4638.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.45%, paying out 4% of earnings.

  • Telephone & Data Systems, Inc. employs 4,000 people $314K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 19 Sept 2026

Data provided by Twelve Data

Peers

TDS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelTelecom Services
CompanyMarket capTKN rank
TDSTelephone & Data Systems, Inc.$4.1B
46
LBTYKLiberty Global Ltd.$3.2B
34
ADArray Digital Infrastructure, Inc.$3.1B
71
IRDMIridium Communications, Inc.$5.0B
79
KYIVKyivstar Group Ltd.$3.0B
46
LUMNLumen Technologies, Inc. (Louisiana)$6.6B
55
IDTIDT Corp.$1.8B
73

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Telephone & Data Systems, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TDS news & analysis

Implied Volatility Surging for Telephone and Data Systems Stock Options

Zacks Investment Research · 16 Sept 2026neutral

Zacks Investment Research reports that implied volatility is surging for Telephone and Data Systems (TDS) stock options, and advises investors to pay close attention to the stock based on recent movements in the options market.

Why it matters — A TDS watcher would care because rising implied volatility and options-market movement signal increased market attention and uncertainty around the stock's near-term price action.

Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure

PRNewsWire · 1 Sept 2026neutral

Telephone and Data Systems has announced it is no longer pursuing the acquisition of the public shares of Array Digital Infrastructure that it does not already own, and has withdrawn its previously announced proposal. The company expects to recommence its share repurchase program.

Why it matters — TDS watchers would care because this ends the proposed acquisition of Array's outstanding shares and signals TDS's return to its existing share repurchase program.

TDS announces third quarter 2026 dividends

PRNewsWire · 19 Aug 2026neutral

TDS's board of directors declared third quarter 2026 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares. The quarterly dividend of $0.04 per Common Share and Series A Common Share is payable on September 30, 2026, to holders of record on September 15, 2026.

Why it matters — TDS watchers would care because the announcement confirms the company is maintaining its dividend payments to shareholders for the third quarter of 2026.

TDS Stock Down 20.2% in 3 Months as Fiber Growth Meets Fresh Risks

Zacks Investment Research · 12 Aug 2026negative

TDS stock declined 20.2% over three months, as the pace of fiber deployment increased while the company faced legacy revenue declines, rising capital expenditures, and execution risks.

Why it matters — A TDS watcher would care because the stock's decline reflects the tension between fiber-expansion growth and the financial pressures of legacy revenue erosion and higher capital costs.

TDS Q2 Earnings Highlight Fiber Growth and Spectrum Monetization Gains

Zacks Investment Research · 12 Aug 2026positive

TDS reported strong Q2 earnings driven by spectrum monetization gains, accelerated fiber deployment, and improved tower metrics.

Why it matters — A TDS watcher would care because fiber growth and spectrum gains are key drivers of the company's evolving business outlook and revenue diversification.

FAQ

Frequently asked questions about TDS stock

What is the TDS stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Telephone & Data Systems, Inc. have a median 12-month price target of $48, with estimates ranging from $47 to $48. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TDS stock a buy right now?

Of the 3 analysts covering Telephone & Data Systems, Inc., 2 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Telephone & Data Systems, Inc. 46 out of 100 across roughly 4,600 US stocks as at 19 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TDS?

As at 19 Sept 2026, Telephone & Data Systems, Inc. ranks 46 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (94 of 100).

Will TDS stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +32.3% from the last close, and Ticker Nerd's factor model ranks Telephone & Data Systems, Inc. 46 out of 100 as at 19 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TDS stock forecast for 2030?

No analyst covering Telephone & Data Systems, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TDS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $47 to $48 over the next 12 months.

How has TDS stock performed over the past year?

Telephone & Data Systems, Inc. returned -5.5% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Telephone & Data Systems, Inc. do?

Telephone and Data Systems, Inc. is a telecommunications company that provides broadband, video, and voice services through its TDS Telecom business, serving a mix of urban, suburban, and rural communities across the United States.

What is the latest news on TDS?

The most recent item we track (Zacks Investment Research, 16 Sept 2026): "Implied Volatility Surging for Telephone and Data Systems Stock Options". Zacks Investment Research reports that implied volatility is surging for Telephone and Data Systems (TDS) stock options, and advises investors to pay close attention to the stock based on recent movements in the options market.

Company

About Telephone & Data Systems, Inc.

Telephone and Data Systems, Inc. is a telecommunications company that provides broadband, video, and voice services through its TDS Telecom business, serving a mix of urban, suburban, and rural communities across the United States. The company also operates Array, which leases tower space and supports wireless infrastructure for third-party carriers. Its offerings center on high-speed internet, television entertainment, phone service, and connectivity solutions that support residential, commercial, and wholesale customers. Telephone and Data Systems, Inc. focuses on communications networks and infrastructure that enable access to modern digital and voice services in local markets nationwide. Founded in 1969 and headquartered in Chicago, the company plays a role in expanding broadband access and maintaining critical telecommunications assets used by carriers and consumers alike.

CEO Mr. Walter Carlson J.D. · 4,000 employees · United States · https://www.tdsinc.com