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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.