TELUS Corporation (TU)
NYSE: TU · IEX Real-Time Price · USD
16.28
-0.09 (-0.55%)
At close: May 24, 2024, 4:00 PM
16.25
-0.03 (-0.18%)
After-hours: May 24, 2024, 7:24 PM EDT

TELUS Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for TELUS stock have an average target of 25.67, with a low estimate of 20 and a high estimate of 31. The average target predicts an increase of 57.68% from the current stock price of 16.28.

Analyst Consensus: Buy
Target Low Average Median High
Price $20 $25.67 $26 $31
Change +22.85% +57.68% +59.71% +90.42%
* Price targets were last updated on Feb 12, 2024.

Analyst Ratings

The average analyst rating for TELUS stock from 4 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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 000000
Buy 222222
Hold 221222
Sell 000000
Strong Sell 000000
Total 443444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 25, 2024
BMO Capital
BMO Capital
Buy
Maintains
$27$26
Buy Maintains $27$26 +59.71% Feb 12, 2024
Barclays
Barclays
Hold
Maintains
$21$20
Hold Maintains $21$20 +22.85% Aug 7, 2023
RBC Capital
RBC Capital
Buy
Maintains
$32$31
Buy Maintains $32$31 +90.42% Jul 17, 2023
BMO Capital
BMO Capital
Buy
Maintains
$33$29
Buy Maintains $33$29 +78.13% Jul 17, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
20.99B
from 20.12B
Increased by 4.36%
Revenue Next Year
21.79B
from 20.99B
Increased by 3.81%
EPS This Year
1.05
from 0.58
Increased by 81.58%
EPS Next Year
1.19
from 1.05
Increased by 12.67%
Year 2019202020212022202320242025202620272028
Revenue
14.66B15.46B17.26B18.41B20.12B20.99B21.79B22.86B24.61B25.72B
Revenue Growth
2.02%5.49%11.61%6.69%9.25%4.36%3.81%4.91%7.62%4.51%
EPS
1.450.941.221.150.581.051.191.411.571.66
EPS Growth
8.21%-35.17%29.79%-5.74%-49.57%81.58%12.67%18.75%11.52%5.89%
No. Analysts -----1918933
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 21.8B 22.7B 23.8B 25.3B 26.5B
Avg 21.0B 21.8B 22.9B 24.6B 25.7B
Low 19.9B 20.6B 21.5B 23.6B 24.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.4%
8.2%
9.1%
10.8%
7.6%
Avg
4.4%
3.8%
4.9%
7.6%
4.5%
Low
-0.9%
-2.0%
-1.4%
3.4%
0.4%

EPS Forecast

EPS 20242025202620272028
High 1.17 1.34 1.58 1.62 1.71
Avg 1.05 1.19 1.41 1.57 1.66
Low 0.94 0.97 1.31 1.51 1.60

EPS Growth

EPS Growth 20242025202620272028
High
100.9%
27.6%
32.7%
14.8%
9.0%
Avg
81.6%
12.7%
18.7%
11.5%
5.9%
Low
62.2%
-7.9%
10.7%
7.1%
1.7%
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.