BCE (BCE) Stock Forecast, Price Target & Predictions


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BCE Stock Forecast


BCE stock forecast is as follows: an average price target of $49.96 (represents a 83.61% upside from BCE’s last price of $27.21) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

BCE Price Target


The average price target for BCE (BCE) is $49.96 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $53.32 to $47.00. This represents a potential 83.61% upside from BCE's last price of $27.21.

BCE Analyst Ratings


Hold

According to 12 Wall Street analysts, BCE's rating consensus is 'Hold'. The analyst rating breakdown for BCE stock is 1 'Strong Buy' (8.33%), 3 'Buy' (25.00%), 8 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

BCE Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 12, 2024Tim CaseyBMO Capital$47.00$34.3736.75%72.73%
Apr 02, 2024Tim CaseyBMO Capital$46.00$33.8036.09%69.06%
Aug 05, 2022-Barclays$51.00$49.792.43%87.43%
Jul 13, 2022-Barclays$49.00$48.770.47%80.08%
Nov 05, 2021Vince ValentiniTD Securities$53.32$49.517.69%95.94%
Jun 07, 2021Simon FlanneryMorgan Stanley$48.54$48.100.92%78.39%
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The latest BCE stock forecast, released on Jun 12, 2024 by Tim Casey from BMO Capital, set a price target of $47.00, which represents a 36.75% increase from the stock price at the time of the forecast ($34.37), and a 72.73% increase from BCE last price ($27.21).

BCE Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$46.50
Last Closing Price$27.21$27.21$27.21
Upside/Downside-100.00%-100.00%70.89%

In the current month, the average price target of BCE stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to BCE's last price of $27.21. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 10, 2024ScotiabankSector PerformSector PerformHold
Sep 19, 2024TD SecuritiesHoldHoldHold
Sep 19, 2024RBC CapitalSector PerformSector PerformHold
Sep 19, 2024BMO CapitalMarket PerformMarket PerformHold
Jun 12, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 23, 2024CIBC-OutperformUpgrade
Apr 17, 2024ScotiabankSector PerformSector PerformHold
Apr 02, 2024BMO Capital-Market PerformDowngrade
Jul 21, 2023Canaccord GenuityHoldHoldHold
Jan 11, 2023National Bank-Sector PerformDowngrade
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BCE's last stock rating was published by Scotiabank on Oct 10, 2024. The company gave BCE a "Sector Perform" rating, the same as its previous rate.

BCE Financial Forecast


BCE Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue-----------$6.05B$6.44B$6.02B$5.86B$5.85B$6.21B$5.84B$5.70B$5.71B$6.10B$5.79B$5.35B$5.68B$6.32B$5.98B$5.93B$5.73B$5.59B$5.38B
Avg Forecast$6.19B$5.79B$5.79B$5.78B$6.09B$6.03B$6.06B$6.05B$6.47B$6.13B$6.04B$5.99B$6.33B$5.96B$5.86B$5.85B$6.29B$5.92B$5.72B$5.60B$6.14B$5.67B$5.32B$5.64B$6.39B$5.98B$5.92B$5.73B$5.73B$5.09B
High Forecast$6.25B$5.85B$5.85B$5.83B$6.22B$6.09B$6.12B$6.12B$6.62B$6.29B$6.10B$6.05B$6.40B$5.96B$5.86B$5.85B$6.29B$5.92B$5.72B$5.60B$6.14B$5.67B$5.32B$5.64B$6.39B$5.98B$5.92B$5.73B$6.88B$6.11B
Low Forecast$6.12B$5.73B$5.73B$5.73B$5.93B$5.96B$5.99B$5.99B$6.40B$6.05B$5.98B$5.92B$6.27B$5.96B$5.86B$5.85B$6.29B$5.92B$5.72B$5.60B$6.14B$5.67B$5.32B$5.64B$6.39B$5.98B$5.92B$5.73B$4.58B$4.07B
# Analysts111242445964374347444889127781618
Surprise %-----------1.01%1.02%1.01%1.00%1.00%0.99%0.99%1.00%1.02%0.99%1.02%1.01%1.01%0.99%1.00%1.00%1.00%0.98%1.06%

BCE's average Quarter revenue forecast for Jun 23 based on 6 analysts is $6.04B, with a low forecast of $5.98B, and a high forecast of $6.10B. BCE's average Quarter revenue forecast represents a -0.19% decrease compared to the company's last Quarter revenue of $6.05B (Mar 23).

BCE EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111242445964374347444889127781618
EBITDA-----------$2.62B$2.47B$2.55B$2.56B$2.64B$2.36B$2.52B$2.38B$2.33B$2.50B$2.38B$1.76B$2.36B$2.35B$2.61B$2.48B$2.47B$2.18B$2.13B
Avg Forecast$2.60B$2.43B$2.44B$2.43B$2.56B$2.53B$2.55B$3.87B$2.72B$2.58B$2.54B$3.51B$3.31B$2.51B$2.46B$2.36B$2.65B$2.49B$2.40B$2.17B$2.58B$2.38B$2.24B$2.26B$2.69B$2.51B$2.49B$2.50B$2.23B$2.03B
High Forecast$2.63B$2.46B$2.46B$2.45B$2.62B$2.56B$2.57B$4.65B$2.78B$2.65B$2.57B$4.21B$3.97B$2.51B$2.46B$2.83B$2.65B$2.49B$2.40B$2.61B$2.58B$2.38B$2.24B$2.72B$2.69B$2.51B$2.49B$3.01B$2.68B$2.44B
Low Forecast$2.57B$2.41B$2.41B$2.41B$2.50B$2.51B$2.52B$3.10B$2.69B$2.54B$2.51B$2.81B$2.65B$2.51B$2.46B$1.89B$2.65B$2.49B$2.40B$1.74B$2.58B$2.38B$2.24B$1.81B$2.69B$2.51B$2.49B$2.00B$1.79B$1.62B
Surprise %-----------0.75%0.75%1.02%1.04%1.12%0.89%1.01%0.99%1.07%0.97%1.00%0.79%1.04%0.87%1.04%1.00%0.99%0.98%1.05%

6 analysts predict BCE's average Quarter EBITDA for Jun 23 to be $2.54B, with a high of $2.57B and a low of $2.51B. This is -3.05% lower than BCE's previous annual EBITDA (Mar 23) of $2.62B.

BCE Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111242445964374347444889127781618
Net Income-----------$771.00M$572.00M$754.00M$631.00M$911.00M$658.00M$791.00M$717.00M$674.00M$921.00M$724.00M$271.00M$718.00M$710.00M$904.00M$799.00M$778.00M$697.00M$710.00M
Avg Forecast$615.32M$674.08M$654.13M$576.61M$636.67M$701.39M$712.53M$1.33B$666.45M$739.78M$726.50M$1.20B$921.34M$555.49M$592.53M$808.51M$526.06M$588.68M$576.95M$627.84M$545.24M$525.23M$463.80M$690.03M$622.33M$635.08M$630.59M$787.97M$714.00M$675.78M
High Forecast$623.51M$683.06M$662.84M$587.69M$661.15M$709.69M$716.82M$1.59B$715.82M$776.77M$736.18M$1.44B$1.11B$555.49M$592.53M$970.22M$526.06M$588.68M$576.95M$753.40M$545.24M$525.23M$463.80M$828.03M$622.33M$635.08M$630.59M$945.57M$856.80M$810.94M
Low Forecast$606.71M$664.64M$644.97M$565.53M$612.18M$693.08M$708.25M$1.06B$592.39M$702.79M$716.33M$962.31M$737.07M$555.49M$592.53M$646.81M$526.06M$588.68M$576.95M$502.27M$545.24M$525.23M$463.80M$552.02M$622.33M$635.08M$630.59M$630.38M$571.20M$540.63M
Surprise %-----------0.64%0.62%1.36%1.06%1.13%1.25%1.34%1.24%1.07%1.69%1.38%0.58%1.04%1.14%1.42%1.27%0.99%0.98%1.05%

BCE's average Quarter net income forecast for Jun 23 is $726.50M, with a range of $716.33M to $736.18M. BCE's average Quarter net income forecast represents a -5.77% decrease compared to the company's last Quarter net income of $771.00M (Mar 23).

BCE SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111242445964374347444889127781618
SG&A-----------$1.12B$1.12B$1.10B$1.11B$1.09B--------------
Avg Forecast$578.92M$541.57M$542.12M$540.97M$569.82M$563.75M$566.75M$566.44M$605.50M$573.15M$565.32M$560.01M$592.53M$557.37M$548.09M$547.48M$588.80M$554.18M$534.71M$523.78M$574.88M$530.57M$498.15M$527.83M$597.75M$559.36M$553.41M$536.30M$536.05M$476.26M
High Forecast$584.85M$547.12M$547.68M$545.86M$581.97M$569.53M$572.56M$572.25M$619.32M$588.83M$571.11M$565.75M$598.60M$557.37M$548.09M$547.48M$588.80M$554.18M$534.71M$523.78M$574.88M$530.57M$498.15M$527.83M$597.75M$559.36M$553.41M$536.30M$643.26M$571.51M
Low Forecast$572.68M$535.74M$536.28M$536.07M$555.24M$557.68M$560.65M$560.34M$599.22M$565.65M$559.23M$553.98M$586.15M$557.37M$548.09M$547.48M$588.80M$554.18M$534.71M$523.78M$574.88M$530.57M$498.15M$527.83M$597.75M$559.36M$553.41M$536.30M$428.84M$381.01M
Surprise %-----------1.99%1.90%1.97%2.02%1.98%--------------

BCE's average Quarter SG&A projection for Jun 23 is $565.32M, based on 6 Wall Street analysts, with a range of $559.23M to $571.11M. The forecast indicates a -49.34% fall compared to BCE last annual SG&A of $1.12B (Mar 23).

BCE EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111242445964374347444889127781618
EPS-----------$0.79$0.58$0.78$0.66$0.96$0.72$0.83$0.76$0.71$0.98$0.77$0.26$0.75$0.74$0.96$0.85$0.82$0.73$0.78
Avg Forecast$0.67$0.74$0.72$0.63$0.70$0.77$0.78$0.70$0.73$0.81$0.80$0.78$0.71$0.61$0.65$0.65$0.58$0.65$0.63$0.58$0.60$0.58$0.51$0.54$0.68$0.70$0.69$0.58$0.84$0.79
High Forecast$0.68$0.75$0.73$0.64$0.72$0.78$0.79$0.70$0.78$0.85$0.81$0.79$0.72$0.61$0.65$0.65$0.58$0.65$0.63$0.58$0.60$0.58$0.51$0.54$0.68$0.70$0.69$0.58$1.01$0.95
Low Forecast$0.67$0.73$0.71$0.62$0.67$0.76$0.78$0.69$0.65$0.77$0.79$0.77$0.70$0.61$0.65$0.65$0.58$0.65$0.63$0.58$0.60$0.58$0.51$0.54$0.68$0.70$0.69$0.58$0.67$0.63
Surprise %-----------1.01%0.81%1.28%1.02%1.49%1.25%1.29%1.20%1.23%1.64%1.34%0.51%1.38%1.08%1.38%1.23%1.40%0.87%0.99%

According to 6 Wall Street analysts, BCE's projected average Quarter EPS for Jun 23 is $0.80, with a low estimate of $0.79 and a high estimate of $0.81. This represents a 0.80% increase compared to BCE previous annual EPS of $0.79 (Mar 23).

BCE Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BCEBCE$27.21$49.9683.61%Hold
LBRDALiberty Broadband$92.23$158.0071.31%Buy
RCIRogers Communications$35.98$58.0061.20%Buy
TUTELUS$15.58$22.5944.99%Buy
AMXAmérica Móvil$15.26$21.6041.55%Buy
VZVerizon Communications$41.14$49.9521.41%Buy
CMCSAComcast$43.91$53.1421.02%Buy
VIVTelefônica Brasil$9.00$10.7018.89%Hold
ORANOrange$11.15$13.0016.59%Buy
VODVodafone Group Public Limited Company$8.75$9.508.57%Buy
LUMNLumen$8.89$5.63-36.67%Hold

BCE Forecast FAQ


Is BCE a good buy?

No, according to 12 Wall Street analysts, BCE (BCE) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 33.33% of BCE's total ratings.

What is BCE's price target?

BCE (BCE) average price target is $49.96 with a range of $47 to $53.32, implying a 83.61% from its last price of $27.21. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will BCE stock go up soon?

According to Wall Street analysts' prediction for BCE stock, the company can go up by 83.61% (from the last price of $27.21 to the average price target of $49.96), up by 95.94% based on the highest stock price target, and up by 72.73% based on the lowest stock price target.

Can BCE stock reach $40?

BCE's average twelve months analyst stock price target of $49.96 supports the claim that BCE can reach $40 in the near future.

What are BCE's analysts' financial forecasts?

BCE's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $24.23B (high $24.54B, low $23.88B), average EBITDA is $11.52B (high $12.4B, low $10.62B), average net income is $3.38B (high $3.68B, low $3.08B), average SG&A $2.27B (high $2.3B, low $2.23B), and average EPS is $2.95 (high $2.99, low $2.9). BCE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $23.55B (high $23.79B, low $23.31B), average EBITDA is $9.91B (high $10B, low $9.8B), average net income is $2.52B (high $2.56B, low $2.48B), average SG&A $2.2B (high $2.23B, low $2.18B), and average EPS is $2.76 (high $2.8, low $2.72).

Did the BCE's actual financial results beat the analysts' financial forecasts?

Based on BCE's last annual report (Dec 2022), the company's revenue was $24.17B, beating the average analysts forecast of $24B by 0.72%. Apple's EBITDA was $10.14B, missing the average prediction of $10.64B by -4.71%. The company's net income was $2.87B, missing the average estimation of $2.88B by -0.34%. Apple's SG&A was $4.42B, beating the average forecast of $2.25B by 96.71%. Lastly, the company's EPS was $2.98, beating the average prediction of $2.62 by 13.84%. In terms of the last quarterly report (Mar 2023), BCE's revenue was $6.05B, beating the average analysts' forecast of $5.99B by 1.14%. The company's EBITDA was $2.62B, missing the average prediction of $3.51B by -25.29%. BCE's net income was $771M, missing the average estimation of $1.2B by -35.90%. The company's SG&A was $1.12B, beating the average forecast of $560.01M by 99.28%. Lastly, the company's EPS was $0.79, beating the average prediction of $0.779 by 1.38%