TELUS (Cda) (TIXT) Stock Forecast, Price Target & Predictions


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TIXT Stock Forecast


TELUS (Cda) stock forecast is as follows: an average price target of $4.38 (represents a 17.43% upside from TIXT’s last price of $3.73) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

TIXT Price Target


The average price target for TELUS (Cda) (TIXT) is $4.38 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $4.75 to $4.00. This represents a potential 17.43% upside from TIXT's last price of $3.73.

TIXT Analyst Ratings


Hold

According to 12 Wall Street analysts, TELUS (Cda)'s rating consensus is 'Hold'. The analyst rating breakdown for TIXT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (33.33%), 7 'Hold' (58.33%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

TELUS (Cda) Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Keith BachmanBMO Capital$4.75$3.3741.16%27.35%
Aug 05, 2024Cassie ChanBank of America Securities$4.00$4.15-3.61%7.24%
May 10, 2024Desmond LauVeritas Investment Research$6.60$6.353.94%76.94%
May 10, 2024Keith BachmanBMO Capital$7.50$6.4616.10%101.07%
Apr 30, 2024Keith BachmanBMO Capital$9.50$8.4112.96%154.69%
Nov 06, 2022Ramsey El-AssalBarclays$29.00$22.1530.93%677.48%
May 03, 2022Jeff CantwellWells Fargo$35.00$21.2664.63%838.34%

The latest TELUS (Cda) stock forecast, released on Aug 05, 2024 by Keith Bachman from BMO Capital, set a price target of $4.75, which represents a 41.16% increase from the stock price at the time of the forecast ($3.37), and a 27.35% increase from TIXT last price ($3.73).

TELUS (Cda) Price Target by Period


1M3M12M
# Anlaysts--5
Avg Price Target--$6.47
Last Closing Price$3.73$3.73$3.73
Upside/Downside-100.00%-100.00%73.46%

In the current month, the average price target of TELUS (Cda) stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TELUS (Cda)'s last price of $3.73. 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
Sep 26, 2024DesjardinsHoldInitialise
Aug 06, 2024CIBCNeutralDowngrade
Aug 06, 2024TD SecuritiesHoldDowngrade
Aug 05, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 02, 2024RBC CapitalOutperformSector PerformDowngrade
Aug 02, 2024William BlairMarket PerformDowngrade
Jul 12, 2024CitigroupNegativeNegativeHold
May 10, 2024ScotiabankSector OutperformSector PerformDowngrade
May 09, 2024RBC CapitalOutperformOutperformHold
Apr 30, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 23, 2023ScotiabankSector OutperformUpgrade
Jan 11, 2023Bank of America SecuritiesNeutralBuyUpgrade
Nov 06, 2022BarclaysOverweightOverweightHold
Oct 10, 2022Mizuho SecuritiesBuyUpgrade
Oct 10, 2022Goldman SachsBuyUpgrade
Oct 10, 2022Bank of America SecuritiesNeutralUpgrade

TELUS (Cda)'s last stock rating was published by Desjardins on Sep 26, 2024. The company Initialise its TIXT rating from "null" to "Hold".

TELUS (Cda) Financial Forecast


TELUS (Cda) Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue---------------$686.00M$630.00M$615.00M$624.00M$599.00M$600.00M$556.00M$533.00M$505.00M
Avg Forecast$719.71M$703.47M$697.97M$696.48M$675.81M$656.11M$647.16M$644.18M$653.60M$660.75M$685.18M$680.49M$705.25M$659.49M$659.24M$689.74M$629.33M$634.56M$620.86M$603.39M$591.70M$547.72M$525.22M$496.61M
High Forecast$729.89M$713.42M$707.84M$706.33M$685.37M$665.39M$656.32M$649.35M$659.41M$670.10M$694.87M$690.12M$717.59M$668.54M$668.56M$699.50M$638.23M$634.56M$620.86M$603.39M$591.70M$547.72M$525.22M$496.61M
Low Forecast$707.59M$691.61M$686.21M$684.74M$664.42M$645.05M$636.26M$640.68M$645.80M$649.62M$673.63M$669.02M$694.61M$651.37M$648.13M$678.12M$618.72M$634.56M$620.86M$603.39M$591.70M$547.72M$525.22M$496.61M
# Analysts222211149422486453435454
Surprise %---------------0.99%1.00%0.97%1.01%0.99%1.01%1.02%1.01%1.02%

TELUS (Cda)'s average Quarter revenue forecast for Jun 23 based on 6 analysts is $659.24M, with a low forecast of $648.13M, and a high forecast of $668.56M. TIXT's average Quarter revenue forecast represents a -3.90% decrease compared to the company's last Quarter revenue of $686.00M (Mar 23).

TELUS (Cda) EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211149422486453435454
EBITDA---------------$141.00M$152.00M$151.00M$143.00M$134.00M$125.00M$111.00M$106.00M$95.00M
Avg Forecast$154.58M$151.09M$149.91M$149.59M$145.15M$140.92M$139.00M$138.36M$140.38M$141.92M$147.16M$151.82M$151.47M$141.64M$141.59M$120.02M$144.37M$141.68M$138.62M$94.87M$132.11M$122.29M$117.26M$75.00M
High Forecast$156.76M$153.23M$152.03M$151.70M$147.20M$142.91M$140.96M$139.47M$141.63M$143.92M$149.24M$182.19M$154.12M$143.59M$143.59M$144.02M$173.25M$141.68M$138.62M$113.85M$132.11M$122.29M$117.26M$90.00M
Low Forecast$151.97M$148.54M$147.38M$147.07M$142.70M$138.54M$136.65M$137.60M$138.70M$139.52M$144.68M$121.46M$149.19M$139.90M$139.20M$96.01M$115.50M$141.68M$138.62M$75.90M$132.11M$122.29M$117.26M$60.00M
Surprise %---------------1.17%1.05%1.07%1.03%1.41%0.95%0.91%0.90%1.27%

6 analysts predict TIXT's average Quarter EBITDA for Jun 23 to be $141.59M, with a high of $143.59M and a low of $139.20M. This is 0.42% upper than TELUS (Cda)'s previous annual EBITDA (Mar 23) of $141.00M.

TELUS (Cda) Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211149422486453435454
Net Income---------------$14.00M$34.00M$59.00M$56.00M$34.00M$36.00M$23.00M$16.00M$3.00M
Avg Forecast$34.72M$32.39M$31.38M$30.60M$32.91M$29.80M$24.86M$21.88M$-5.21M$2.83M$52.79M$4.79M$72.80M$58.06M$42.40M$3.79M$41.58M$82.17M$75.28M$3.00M$65.39M$63.96M$58.28M$2.37M
High Forecast$35.35M$32.98M$31.96M$31.16M$33.51M$30.35M$25.31M$31.60M$10.42M$2.88M$53.10M$5.75M$80.88M$64.07M$43.18M$4.55M$49.90M$82.17M$75.28M$3.60M$65.39M$63.96M$58.28M$2.84M
Low Forecast$33.95M$31.68M$30.70M$29.93M$32.19M$29.15M$24.31M$14.59M$-20.84M$2.77M$52.49M$3.84M$64.71M$52.06M$41.47M$3.03M$33.26M$82.17M$75.28M$2.40M$65.39M$63.96M$58.28M$1.89M
Surprise %---------------3.69%0.82%0.72%0.74%11.35%0.55%0.36%0.27%1.27%

TELUS (Cda)'s average Quarter net income forecast for Jun 23 is $42.40M, with a range of $41.47M to $43.18M. TIXT's average Quarter net income forecast represents a 202.85% increase compared to the company's last Quarter net income of $14.00M (Mar 23).

TELUS (Cda) SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211149422486453435454
SG&A---------------$442.00M$354.00M$352.00M$363.00M$349.00M$341.00M$330.00M$318.00M$308.00M
Avg Forecast$435.50M$425.67M$422.34M$421.45M$408.94M$397.01M$391.60M$389.80M$395.50M$399.83M$414.61M$492.22M$426.75M$399.06M$398.91M$389.11M$393.85M$383.97M$375.69M$307.59M$358.04M$331.43M$317.81M$243.16M
High Forecast$441.66M$431.69M$428.32M$427.41M$414.72M$402.63M$397.14M$392.92M$399.02M$405.48M$420.47M$590.66M$434.22M$404.54M$404.55M$466.93M$472.63M$383.97M$375.69M$369.11M$358.04M$331.43M$317.81M$291.79M
Low Forecast$428.17M$418.50M$415.23M$414.34M$402.05M$390.32M$385.00M$387.68M$390.78M$393.09M$407.62M$393.78M$420.31M$394.15M$392.19M$311.29M$315.08M$383.97M$375.69M$246.08M$358.04M$331.43M$317.81M$194.53M
Surprise %---------------1.14%0.90%0.92%0.97%1.13%0.95%1.00%1.00%1.27%

TELUS (Cda)'s average Quarter SG&A projection for Jun 23 is $398.91M, based on 6 Wall Street analysts, with a range of $392.19M to $404.55M. The forecast indicates a -9.75% fall compared to TIXT last annual SG&A of $442.00M (Mar 23).

TELUS (Cda) EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211149422486453435454
EPS---------------$0.05$0.13$0.22$0.21$0.13$0.14$0.09$0.06$0.01
Avg Forecast$0.13$0.12$0.11$0.11$0.12$0.11$0.09$0.08$-0.02$0.01$0.19$0.19$0.26$0.21$0.15$0.25$0.32$0.30$0.27$0.26$0.24$0.23$0.21$0.20
High Forecast$0.13$0.12$0.12$0.11$0.12$0.11$0.09$0.11$0.04$0.01$0.19$0.20$0.29$0.23$0.16$0.25$0.32$0.30$0.27$0.26$0.24$0.23$0.21$0.20
Low Forecast$0.12$0.12$0.11$0.11$0.12$0.11$0.09$0.05$-0.08$0.01$0.19$0.19$0.24$0.19$0.15$0.24$0.31$0.30$0.27$0.26$0.24$0.23$0.21$0.20
Surprise %---------------0.20%0.41%0.74%0.77%0.50%0.59%0.39%0.28%0.05%

According to 6 Wall Street analysts, TELUS (Cda)'s projected average Quarter EPS for Jun 23 is $0.15, with a low estimate of $0.15 and a high estimate of $0.16. This represents a 208.36% increase compared to TIXT previous annual EPS of $0.05 (Mar 23).

TELUS (Cda) Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PAGSPagSeguro Digital$6.38$14.00119.44%Buy
CCSIConsensus Cloud Solutions$23.58$30.0027.23%Buy
TIXTTELUS (Cda)$3.71$4.3818.06%Hold
EVCMEverCommerce$11.53$13.0012.75%Buy
SCWXSecureWorks$8.46$9.006.38%Hold
CSGSCSG Systems$51.67$52.000.64%Buy
EVTCEVERTEC$34.51$31.50-8.72%Sell
DLODLocal$11.61$10.33-11.02%Hold

TIXT Forecast FAQ


Is TELUS (Cda) a good buy?

No, according to 12 Wall Street analysts, TELUS (Cda) (TIXT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 33.33% of TIXT's total ratings.

What is TIXT's price target?

TELUS (Cda) (TIXT) average price target is $4.38 with a range of $4 to $4.75, implying a 17.43% from its last price of $3.73. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will TELUS (Cda) stock go up soon?

According to Wall Street analysts' prediction for TIXT stock, the company can go up by 17.43% (from the last price of $3.73 to the average price target of $4.38), up by 27.35% based on the highest stock price target, and up by 7.24% based on the lowest stock price target.

Can TELUS (Cda) stock reach $6?

TIXT's average twelve months analyst stock price target of $4.38 does not support the claim that TELUS (Cda) can reach $6 in the near future.

What are TELUS (Cda)'s analysts' financial forecasts?

TELUS (Cda)'s analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.62B (high $2.66B, low $2.59B), average EBITDA is $563.42M (high $570.54M, low $555.5M), average net income is $109.45M (high $120.78M, low $100.24M), average SG&A $1.59B (high $1.61B, low $1.57B), and average EPS is $0.398 (high $0.439, low $0.364). TIXT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.82B (high $2.86B, low $2.77B), average EBITDA is $605.16M (high $613.72M, low $594.97M), average net income is $129.08M (high $131.46M, low $126.25M), average SG&A $1.7B (high $1.73B, low $1.68B), and average EPS is $0.469 (high $0.478, low $0.459).

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

Based on TELUS (Cda)'s last annual report (Dec 2022), the company's revenue was $2.47B, which missed the average analysts forecast of $2.49B by -0.81%. Apple's EBITDA was $582M, beating the average prediction of $519.54M by 12.02%. The company's net income was $183M, missing the average estimation of $202.02M by -9.41%. Apple's SG&A was $1.42B, missing the average forecast of $1.46B by -2.95%. Lastly, the company's EPS was $0.69, missing the average prediction of $1.15 by -39.77%. In terms of the last quarterly report (Mar 2023), TELUS (Cda)'s revenue was $686M, missing the average analysts' forecast of $689.74M by -0.54%. The company's EBITDA was $141M, beating the average prediction of $120.02M by 17.48%. TELUS (Cda)'s net income was $14M, beating the average estimation of $3.79M by 269.39%. The company's SG&A was $442M, beating the average forecast of $389.11M by 13.59%. Lastly, the company's EPS was $0.05, missing the average prediction of $0.249 by -79.88%