TELUS Corporation (TU)

TELUS Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TELUS stock has a target of 21.5, which predicts a 45.27% increase from the current stock price of 14.8.

Price Target: $21.5 (+45.27%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$21.5	$21.5	$21.5	$21.5
Change	+45.27%	+45.27%	+45.27%	+45.27%

* Price targets were last updated on May 12, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for TELUS is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Hold Maintains $20 → $22	Hold	Maintains	$20 → $22	+45.27%	May 12, 2025
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Hold Maintains $22 → $21	Hold	Maintains	$22 → $21	+40.20%	Dec 24, 2024
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Strong Buy → Hold Downgrades $23 → $22	Strong Buy → Hold	Downgrades	$23 → $22	+45.27%	Aug 6, 2024
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $25 → $23	Strong Buy	Maintains	$25 → $23	+55.41%	Jul 9, 2024
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $26 → $25	Strong Buy	Maintains	$26 → $25	+68.92%	May 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

21.25B

Increased by 5.52%

from 20.14B

Revenue Next Year

21.83B

Increased by 2.72%

from 21.25B

EPS This Year

1.03

Increased by 53.95%

from 0.67

EPS Next Year

1.13

Increased by 9.75%

from 1.03

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	15.34B	16.84B	18.29B	20.01B	20.14B	21.25B	21.83B
Revenue Growth	5.16%	9.76%	8.64%	9.37%	0.67%	5.52%	2.72%
EPS	0.94	1.22	1.15	0.58	0.67	1.03	1.13
EPS Growth	-35.17%	29.79%	-5.74%	-49.60%	15.14%	53.95%	9.75%
Forward PE	-	-	-	-	-	20.24	18.44
No. Analysts	-	-	-	-	-	19	19

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	22.1B	23.1B
Avg	21.3B	21.8B
Low	20.3B	20.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	9.8%	8.9%
Avg	5.5%	2.7%
Low	0.7%	-2.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.13	1.27
Avg	1.03	1.13
Low	0.91	0.96

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	69.9%	23.7%
Avg	53.9%	9.8%
Low	36.6%	-6.5%

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.