TELUS Corporation (TU)
NYSE: TU · Real-Time Price · USD
15.32
-0.19 (-1.23%)
Nov 21, 2024, 4:00 PM EST - Market closed

TELUS Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for TELUS stock have an average target of 26, which predicts an increase of 69.71% from the current stock price of 15.32.

Analyst Consensus: Buy
Target Low Average Median High
Price $26 $26 $26 $26
Change +69.71% +69.71% +69.71% +69.71%
* Price targets were last updated on Mar 25, 2024.

Analyst Ratings

The average analyst rating for TELUS stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 222221
Hold 222221
Sell 000000
Strong Sell 000000
Total 444442

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Hold
Downgrades
$28$26
Hold Downgrades $28$26 +69.71% Mar 25, 2024
BMO Capital
BMO Capital
Buy
Maintains
$27$26
Buy Maintains $27$26 +69.71% Feb 12, 2024
Barclays
Barclays
Hold
Maintains
$21$20
Hold Maintains $21$20 +30.55% Aug 7, 2023
RBC Capital
RBC Capital
Buy
Maintains
$32$31
Buy Maintains $32$31 +102.35% Jul 17, 2023
BMO Capital
BMO Capital
Buy
Maintains
$33$29
Buy Maintains $33$29 +89.30% Jul 17, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
20.63B
from 20.01B
Increased by 3.10%
Revenue Next Year
21.26B
from 20.63B
Increased by 3.06%
EPS This Year
1.00
from 0.58
Increased by 72.74%
EPS Next Year
1.08
from 1.00
Increased by 8.33%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
14.59B15.34B16.84B18.29B20.01B20.63B21.26B22.24B
Revenue Growth
3.50%5.15%9.76%8.64%9.36%3.10%3.06%4.62%
EPS
1.450.941.221.150.581.001.081.23
EPS Growth
8.21%-35.17%29.79%-5.74%-49.60%72.74%8.33%13.09%
Forward PE
-----21.3719.7317.45
No. Analysts -----181810
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 21.6B 22.5B 23.8B
Avg 20.6B 21.3B 22.2B
Low 19.6B 19.9B 20.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
7.8%
8.9%
11.8%
Avg
3.1%
3.1%
4.6%
Low
-2.0%
-3.4%
-1.9%

EPS Forecast

EPS 20242025202620272028
High 1.10 1.28 1.44
Avg 1.00 1.08 1.23
Low 0.91 0.94 1.07

EPS Growth

EPS Growth 20242025202620272028
High
90.2%
27.9%
32.6%
Avg
72.7%
8.3%
13.1%
Low
56.4%
-6.0%
-1.5%
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.