TELUS Corp

TELUS Corp Stock Forecast & Price Prediction

Live TELUS Corp Stock (TU) Price
$15.74

10

Ratings

  • Buy 5
  • Hold 5
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$15.74

P/E Ratio

34.98

Volume Traded Today

$3.4M

Dividend

$0.2879

52 Week High/low

19.14/14.63

TELUS Corp Market Cap

$23.58B

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TU Summary

From what 10 stock analysts predict, the share price for TELUS Corp (TU) might decrease by 19.79% in the next year. This is based on a 12-month average estimation for TU. Price targets go from $11.08978 to $13.4154. The majority of stock analysts believe TU is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

TU Analyst Ratings

TELUS Corp has a total of 10 Wall St Analyst ratings. There are 5 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that TELUS Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

TU stock forecast by analyst

These are the latest 20 analyst ratings of TU.

Analyst/Firm

Rating

Price Target

Change

Date

Jeff Fan
Scotiabank

Sector Perform

$26

Downgrade

Mar 25, 2024
Tim Casey
BMO Capital

Outperform

$26

Maintains

Feb 12, 2024
Kannan Venkateshwar
Barclays

Equal-Weight

$20

Maintains

Aug 7, 2023
Tim Casey
BMO Capital

Outperform

$29

Maintains

Jul 17, 2023
Drew McReynolds
RBC Capital

Outperform

$31

Maintains

Jul 17, 2023
Kannan Venkateshwar
Barclays

Equal-Weight

$21

Maintains

May 8, 2023
David Joyce
Barclays

Equal-Weight

$23

Maintains

Oct 10, 2022
Kannan Venkateshwar
Barclays

Equal-Weight

$26

Downgrade

May 10, 2022

TD Securities

Hold


Downgrade

Mar 7, 2022

CIBC

Outperformer


Upgrade

Mar 31, 2021

Credit Suisse

Neutral


Initiates

Mar 1, 2021
Aravinda Galappatthige
Canaccord Genuity

Buy

$27

Upgrade

Jan 6, 2021

BMO Capital

Outperform


Upgrade

Apr 14, 2020

National Bank Financial Inc

Sector Perform


Downgrade

Feb 14, 2020

National Bank Financial

Sector Perform


Downgrade

Feb 14, 2020

B of A Securities

Buy


Upgrade

Sep 30, 2019

Bank of America

Buy


Upgrade

Sep 30, 2019
Phillip Huang
Barclays

Overweight

$41

Maintains

May 11, 2018

Morgan Stanley

Overweight


Upgrade

Apr 30, 2018

Morgan Stanley

Equal-Weight


Maintains

Nov 18, 2017

TU Company Information

What They Do: Provides telecommunications and IT services in Canada.

Business Model: TELUS Corporation generates revenue through various telecommunications and technology services. It operates two main segments: Technology Solutions and Digitally-Led Customer Experiences. The Technology Solutions segment offers a wide array of products, including network services, mobile technologies, data services, and healthcare solutions, while the Digitally-Led Customer Experiences segment focuses on digital transformation services, including AI and content management solutions.

Other Information: Incorporated in 1998 and based in Vancouver, TELUS Corporation was formerly known as TELUS Communications Inc. The company's diverse offerings position it well within the growing technology and telecommunications sectors in Canada.
TU
TELUS Corp (TU)

When did it IPO

1996

Staff Count

106,400

Country

Canada

Sector/Industry

Communication Services/Telecom Services

CEO

Mr. Darren Entwistle B.A., LL.D., M.B.A.

Market Cap

$23.58B

TELUS Corp (TU) Financial Data

In 2023, TU generated $20.01B in revenue, which was a increase of 9.36% from the previous year. This can be seen as a signal that TU'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

$15.34B

Revenue From 2021

$16.84B

9.76 %
From Previous Year

Revenue From 2022

$18.29B

8.64 %
From Previous Year

Revenue From 2023

$20.01B

9.36 %
From Previous Year
  • Revenue TTM $14.43B
  • Operating Margin TTM 15.5%
  • Gross profit TTM $12.47B
  • Return on assets TTM 3.7%
  • Return on equity TTM 5.4%
  • Profit Margin 4.6%
  • Book Value Per Share 10.57%
  • Market capitalisation $23.58B
  • Revenue for 2021 $16.84B
  • Revenue for 2022 $18.29B
  • Revenue for 2023 $20.01B
  • EPS this year (TTM) $0.45

TELUS Corp (TU) Latest News

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - TELUS Corporation (NYSE: TU) will hold its Q3 2024 earnings conference call on November 8, 2024, at 12:00 PM ET, featuring key executives and analysts from major financial institutions.

Why It Matters - The upcoming TELUS Q3 2024 earnings call is crucial for assessing company performance, guidance, and market sentiment, influencing stock price and investor decisions.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - TELUS reported Q3 2024 results with a customer growth of 347,000, revenue up 1.8% to $5.1 billion, and net income up 88%. Quarterly dividend increased by 7% to $0.4023. 2024 revenue growth target revised slightly downward.

Why It Matters - Strong customer growth, rising profits, and increased dividends signal TELUS's solid performance. Investors may see potential for stable returns and growth, despite slightly reduced revenue growth targets.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - TELUS Corporation announced a quarterly dividend of $0.4023 CAD per share, payable on January 2, 2025, to shareholders on record by December 11, 2024.

Why It Matters - The declaration of a quarterly dividend indicates financial stability and profitability for TELUS Corporation, potentially attracting income-focused investors and influencing stock prices.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - TELUS Digital, formerly TELUS International, reported its Q3 and year-to-date results for 2024, highlighting a focus on enhancing customer experiences through data and technology.

Why It Matters - The rebranding to TELUS Digital signals a strategic shift, potentially impacting market perception and growth prospects, influencing investor sentiment and stock performance.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Telus (TU) reported Q3 earnings of $0.21 per share, surpassing the Zacks estimate of $0.17 and up from $0.19 per share year-over-year.

Why It Matters - Telus exceeding earnings expectations indicates strong financial performance, potentially boosting investor confidence and influencing stock price positively.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Telus (TU) reported its revenue and EPS for Q3 2024, which investors should compare with Wall Street estimates and the same quarter from the previous year.

Why It Matters - Comparing Telus's revenue and EPS with Wall Street estimates and year-ago figures provides insight into performance trends, potential market reactions, and future growth prospects.

...

TU Frequently asked questions

The highest forecasted price for TU is $13.4154 from at .

The lowest forecasted price for TU is $11.08978 from from

The TU analyst ratings consensus are 5 buy ratings, 5 hold ratings, and 0 sell ratings.