TELUS Corporation (TU)
NYSE: TU · IEX Real-Time Price · USD
16.10
+0.02 (0.12%)
Apr 25, 2024, 4:00 PM EDT - Market closed
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 59.44% from the current stock price of 16.10.
Analyst Consensus: Buy
* 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 25, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $27 → $26 | Buy | Maintains | $27 → $26 | +61.49% | Feb 12, 2024 |
| Barclays | Barclays | Hold Maintains $21 → $20 | Hold | Maintains | $21 → $20 | +24.22% | Aug 7, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $32 → $31 | Buy | Maintains | $32 → $31 | +92.55% | Jul 17, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $33 → $29 | Buy | Maintains | $33 → $29 | +80.12% | Jul 17, 2023 |
Financial Forecast
Revenue This Year
21.11B
from 20.12B
Increased by 4.96%
Revenue Next Year
21.97B
from 21.11B
Increased by 4.06%
EPS This Year
1.05
from 0.58
Increased by 81.45%
EPS Next Year
1.22
from 1.05
Increased by 16.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.0B | 23.0B | 24.2B | 25.7B |
| Avg | 21.1B | 22.0B | 23.2B | 24.9B |
| Low | 20.1B | 20.8B | 22.0B | 23.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.2% | 8.8% | 10.2% | 10.7% |
| Avg | 5.0% | 4.1% | 5.4% | 7.6% |
| Low | -0.0% | -1.5% | -0.1% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.16 | 1.35 | 1.58 | 1.84 |
| Avg | 1.05 | 1.22 | 1.40 | 1.79 |
| Low | 0.92 | 1.05 | 1.24 | 1.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 99.1% | 28.7% | 28.7% | 31.2% |
| Avg | 81.4% | 16.3% | 14.5% | 27.5% |
| Low | 58.8% | -0.4% | 1.7% | 22.5% |
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.