TELUS Corporation (TU)

TELUS Stock Forecast

Stock Price Forecast

The 3 analysts that cover TELUS stock have a consensus rating of "Hold" and an average price target of $18.17, which forecasts a 33.41% increase in the stock price over the next year. The lowest target is $14 and the highest is $21.5.

Price Target: $18.17 (+33.41%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$14	$18.17	$19	$21.5
Change	+2.79%	+33.41%	+39.50%	+57.86%

* Price targets were last updated on Nov 18, 2025.

Analyst Ratings

The average analyst rating for TELUS stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	2	2	2	2
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	1	1	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sebastiano Petti JP Morgan	JP Morgan	Hold → Sell Downgrades $22 → $19	Hold → Sell	Downgrades	$22 → $19	+39.50%	Nov 18, 2025
Lauren Bonham Barclays	Barclays	Hold Maintains $15 → $14	Hold	Maintains	$15 → $14	+2.79%	Nov 10, 2025
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Hold Maintains $20 → $22	Hold	Maintains	$20 → $22	+57.86%	May 12, 2025
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Hold Maintains $22 → $21	Hold	Maintains	$22 → $21	+52.35%	Dec 24, 2024
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Strong Buy → Hold Downgrades $23 → $22	Strong Buy → Hold	Downgrades	$23 → $22	+57.86%	Aug 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

21.46B

Increased by 5.46%

from 20.35B

Revenue Next Year

22.07B

Increased by 2.88%

from 21.46B

EPS This Year

1.08

Increased by 49.44%

from 0.72

EPS Next Year

1.15

Increased by 7.02%

from 1.08

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	16.84B	18.29B	20.01B	20.14B	20.35B	21.46B	22.07B
Revenue Growth	9.76%	8.64%	9.37%	0.67%	1.03%	5.46%	2.88%
EPS	1.22	1.15	0.58	0.67	0.72	1.08	1.15
EPS Growth	29.79%	-5.74%	-49.60%	15.14%	7.89%	49.44%	7.02%
Forward PE	-	-	-	-	-	17.27	16.14
No. Analysts	-	-	-	-	-	18	13

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	22.7B	23.4B
Avg	21.5B	22.1B
Low	20.4B	20.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	11.5%	8.9%
Avg	5.5%	2.9%
Low	0.3%	-3.1%

EPS Forecast

EPS	2026	2027	2028	2029
High	1.18	1.32
Avg	1.08	1.15
Low	0.91	0.85

EPS Growth

EPS Growth	2026	2027	2028	2029
High	63.3%	23.0%
Avg	49.4%	7.0%
Low	26.6%	-20.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.