The BCE Inc (BCE) share price is expected to increase by 26.35% over the next year. This is based on calculating the average 12-month share price estimate provided by 18 stock analysts who have covered BCE. Price targets range from $27.77794 at the low end to $39.48608 at the high end. The current analyst consensus for BCE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 18 Wall Street analysts have assigned BCE 3 buy ratings, 14 hold ratings, and 1 sell ratings. This means that analysts expect BCE Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BCE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BCE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
David Joyce Barclays | Equal-Weight | $30 | Maintains | Nov 11, 2024 |
David Heger Edward Jones | Hold | Downgrade | Nov 5, 2024 | |
Kannan Venkateshwar Barclays | Equal-Weight | $34 | Maintains | Oct 9, 2024 |
Tim Casey BMO Capital | Market Perform | $51 | Maintains | Sep 19, 2024 |
Tim Casey BMO Capital | Market Perform | $47 | Maintains | Jun 12, 2024 |
David Joyce Barclays | Equal-Weight | $35 | Maintains | Apr 9, 2024 |
Tim Casey BMO Capital | Market Perform | $46 | Downgrade | Apr 2, 2024 |
Angus Kelleher-Ferguson Argus Research | Hold | Downgrade | Mar 4, 2024 | |
Kannan Venkateshwar Barclays | Equal-Weight | $38 | Maintains | Feb 12, 2024 |
Sebastiano Petti JP Morgan | Neutral | $54 | Maintains | Feb 9, 2024 |
Sebastiano Petti JP Morgan | Neutral | $59 | Maintains | Oct 18, 2023 |
Kannan Venkateshwar Barclays | Equal-Weight | $45 | Maintains | Aug 7, 2023 |
Canaccord Genuity | Hold | Maintains | Jul 21, 2023 | |
National Bank Financial Inc | Sector Perform | Maintains | Jun 28, 2023 | |
Adam Shine National Bank Financial Inc | Sector Perform | $62 | Maintains | Jun 26, 2023 |
National Bank Financial Inc | Sector Perform | Maintains | Mar 28, 2023 | |
National Bank Financial Inc | Sector Perform | Downgrade | Jan 11, 2023 | |
Kannan Venkateshwar Barclays | Equal-Weight | $47 | Maintains | Jan 9, 2023 |
National Bank Financial Inc | Outperform | Maintains | Dec 20, 2022 | |
Tim Casey BMO Capital | Outperform | $68 | Maintains | Nov 4, 2022 |
When did it IPO
1982
Staff Count
45,132
Country
Canada
Sector/Industry
Communication Services/Telecom Services
CEO
Mr. Mirko Bibic
Market Cap
$24.71B
In 2023, BCE generated $24.67B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BCE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - BCE expands partnership with Microsoft to enhance Microsoft Teams Phone Mobile services, aiming to improve business communications.
Why It Matters - BCE's alliance with Microsoft strengthens its service offerings, potentially boosting revenue and market competitiveness, which can positively impact stock performance and investor sentiment.
Summary - The news release includes forward-looking statements, cautioning investors to review associated risk factors and assumptions detailed in a specific section of the document.
Why It Matters - Forward-looking statements indicate potential future performance, but also highlight risks. Investors need to assess these risks to gauge the reliability of the company's projections.
Summary - BCE Inc. will host its Q3 2024 earnings conference call on November 7, 2024, at 8:00 AM ET, featuring key executives and analysts from major financial institutions.
Why It Matters - The BCE Q3 2024 earnings call provides insights into the company's financial health and strategic direction, influencing stock performance and investor sentiment.
Summary - The news release includes forward-looking statements; investors are advised to review the "Caution Regarding Forward-Looking Statements" section for related risk factors and assumptions.
Why It Matters - Forward-looking statements indicate potential future performance and risks, impacting investor confidence and stock valuations based on perceived company outlook and market conditions.
Summary - BCE reported Q3 earnings of $0.55 per share, below the $0.57 estimate and down from $0.60 per share year-over-year.
Why It Matters - BCE's earnings miss signals potential operational challenges and declining profitability, which may lead to decreased investor confidence and impact stock performance.
Summary - BCE's Q3 2024 financial results show performance metrics that can be compared to Wall Street estimates and year-over-year figures for a comprehensive analysis.
Why It Matters - BCE's performance relative to Wall Street estimates and year-over-year metrics can indicate growth potential, market competitiveness, and influence stock valuation.