TELUS (TU) Stock Forecast, Price Target & Predictions
TU Stock Forecast
TELUS stock forecast is as follows: an average price target of $21.50 (represents a 54.90% upside from TU’s last price of $13.88) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
TU Price Target
The average price target for TELUS (TU) is $21.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $21.50 to $21.50. This represents a potential 54.90% upside from TU's last price of $13.88.
TU Analyst Ratings
According to 5 Wall Street analysts, TELUS's rating consensus is 'Buy'. The analyst rating breakdown for TU stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TELUS Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 06, 2024 | Aravinda Galappatthige | Canaccord Genuity | $21.50 | $16.49 | 30.40% | 54.90% |
| Apr 02, 2024 | Tim Casey | BMO Capital | $24.00 | $15.89 | 51.04% | 72.91% |
| Jul 28, 2021 | Simon Flannery | Morgan Stanley | $22.28 | $21.35 | 4.36% | 60.53% |
The latest TELUS stock forecast, released on Aug 06, 2024 by Aravinda Galappatthige from Canaccord Genuity, set a price target of $21.50, which represents a 30.40% increase from the stock price at the time of the forecast ($16.49), and a 54.90% increase from TU last price ($13.88).
TELUS Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $22.75 |
| Last Closing Price | $13.88 | $13.88 | $13.88 |
| Upside/Downside | -100.00% | -100.00% | 63.90% |
In the current month, the average price target of TELUS 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's last price of $13.88. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 06, 2024 | National Bank | Outperform | Outperform | Hold |
| Jun 26, 2024 | National Bank | Outperform | Outperform | Hold |
| May 21, 2024 | TD Securities | Buy | Buy | Hold |
| May 10, 2024 | National Bank | Outperform | Outperform | Hold |
| Apr 17, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Apr 02, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 17, 2023 | BMO Capital | Outperform | Outperform | Hold |
| Sep 29, 2022 | National Bank | Outperform | Outperform | Hold |
| Jun 17, 2022 | RBC Capital | Outperform | Outperform | Hold |
TELUS's last stock rating was published by National Bank on Aug 06, 2024. The company gave TU a "Outperform" rating, the same as its previous rate.
TELUS Financial Forecast
TELUS Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $4.92B | $5.02B | $4.64B | $4.37B | $4.26B | $4.46B | $4.25B | $4.11B | $4.02B | $4.06B | $3.96B | $3.66B | $3.66B | $3.83B | $3.69B | $3.59B | $3.49B | $3.35B | $3.19B |
| Avg Forecast | $4.93B | $4.92B | $4.78B | $4.71B | $4.90B | $5.03B | $5.01B | $5.02B | $5.24B | $5.06B | $4.94B | $4.90B | $4.98B | $4.62B | $4.44B | $4.35B | $4.47B | $4.28B | $4.05B | $3.94B | $4.05B | $3.80B | $3.53B | $3.63B | $3.91B | $3.77B | $3.58B | $3.53B | $3.35B | $3.00B |
| High Forecast | $5.00B | $4.99B | $4.85B | $4.74B | $4.98B | $5.10B | $5.08B | $5.09B | $5.28B | $5.12B | $5.01B | $4.97B | $5.05B | $4.62B | $4.44B | $4.35B | $4.47B | $4.28B | $4.05B | $3.94B | $4.05B | $3.80B | $3.53B | $3.63B | $3.91B | $3.77B | $3.58B | $3.53B | $4.02B | $3.60B |
| Low Forecast | $4.88B | $4.87B | $4.73B | $4.70B | $4.82B | $4.98B | $4.95B | $4.96B | $5.19B | $5.01B | $4.89B | $4.85B | $4.93B | $4.62B | $4.44B | $4.35B | $4.47B | $4.28B | $4.05B | $3.94B | $4.05B | $3.80B | $3.53B | $3.63B | $3.91B | $3.77B | $3.58B | $3.53B | $2.68B | $2.40B |
| # Analysts | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 5 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.00% | 0.99% | 0.98% | 1.00% | 0.99% | 1.02% | 1.02% | 1.00% | 1.04% | 1.04% | 1.01% | 0.98% | 0.98% | 1.00% | 0.99% | 1.00% | 1.06% |
TELUS's average Quarter revenue forecast for Jun 23 based on 3 analysts is $4.94B, with a low forecast of $4.89B, and a high forecast of $5.01B. TU's average Quarter revenue forecast represents a 0.32% increase compared to the company's last Quarter revenue of $4.92B (Mar 23).
TELUS EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 5 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $1.59B | $1.57B | $1.63B | $1.57B | $1.57B | $1.87B | $1.50B | $1.44B | $1.45B | $1.32B | $1.37B | $1.31B | $1.40B | $1.35B | $1.40B | $1.36B | $1.37B | $1.26B | $1.25B |
| Avg Forecast | $1.73B | $1.72B | $1.68B | $1.65B | $1.72B | $1.77B | $1.76B | $2.30B | $1.84B | $1.77B | $1.73B | $2.09B | $2.27B | $1.61B | $1.55B | $1.90B | $1.56B | $1.49B | $1.41B | $1.50B | $1.41B | $1.33B | $1.23B | $1.52B | $1.36B | $1.32B | $1.25B | $1.37B | $1.26B | $1.18B |
| High Forecast | $1.75B | $1.75B | $1.70B | $1.66B | $1.75B | $1.79B | $1.78B | $2.76B | $1.85B | $1.80B | $1.76B | $2.51B | $2.72B | $1.61B | $1.55B | $2.28B | $1.56B | $1.49B | $1.41B | $1.80B | $1.41B | $1.33B | $1.23B | $1.82B | $1.36B | $1.32B | $1.25B | $1.65B | $1.51B | $1.42B |
| Low Forecast | $1.71B | $1.71B | $1.66B | $1.65B | $1.69B | $1.75B | $1.74B | $1.84B | $1.82B | $1.76B | $1.71B | $1.67B | $1.81B | $1.61B | $1.55B | $1.52B | $1.56B | $1.49B | $1.41B | $1.20B | $1.41B | $1.33B | $1.23B | $1.22B | $1.36B | $1.32B | $1.25B | $1.10B | $1.01B | $946.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.70% | 1.01% | 1.01% | 0.83% | 1.20% | 1.00% | 1.02% | 0.97% | 0.93% | 1.03% | 1.07% | 0.92% | 0.99% | 1.06% | 1.09% | 1.00% | 1.00% | 1.06% |
3 analysts predict TU's average Quarter EBITDA for Jun 23 to be $1.73B, with a high of $1.76B and a low of $1.71B. This is 8.93% upper than TELUS's previous annual EBITDA (Mar 23) of $1.59B.
TELUS Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 5 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $217.00M | $248.00M | $514.00M | $468.00M | $385.00M | $663.00M | $345.00M | $335.00M | $331.00M | $260.00M | $307.00M | $290.00M | $350.00M | $368.00M | $433.00M | $517.00M | $428.00M | $410.00M | $433.00M |
| Avg Forecast | $286.34M | $295.92M | $263.47M | $242.17M | $233.23M | $258.76M | $235.81M | $524.74M | $256.78M | $266.77M | $246.19M | $477.04M | $779.24M | $347.47M | $336.61M | $433.67M | $298.45M | $329.52M | $308.52M | $342.82M | $286.14M | $339.91M | $279.83M | $380.00M | $388.62M | $420.48M | $410.85M | $428.00M | $410.00M | $408.26M |
| High Forecast | $291.55M | $301.30M | $268.27M | $246.57M | $301.82M | $263.47M | $240.11M | $629.69M | $271.88M | $340.87M | $250.66M | $572.44M | $935.09M | $347.47M | $336.61M | $520.40M | $298.45M | $329.52M | $308.52M | $411.39M | $286.14M | $339.91M | $279.83M | $456.00M | $388.62M | $420.48M | $410.85M | $513.60M | $492.00M | $489.91M |
| Low Forecast | $282.44M | $291.89M | $259.89M | $238.87M | $178.35M | $255.24M | $232.60M | $419.79M | $241.68M | $207.49M | $242.84M | $381.63M | $623.39M | $347.47M | $336.61M | $346.94M | $298.45M | $329.52M | $308.52M | $274.26M | $286.14M | $339.91M | $279.83M | $304.00M | $388.62M | $420.48M | $410.85M | $342.40M | $328.00M | $326.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.45% | 0.32% | 1.48% | 1.39% | 0.89% | 2.22% | 1.05% | 1.09% | 0.97% | 0.91% | 0.90% | 1.04% | 0.92% | 0.95% | 1.03% | 1.26% | 1.00% | 1.00% | 1.06% |
TELUS's average Quarter net income forecast for Jun 23 is $246.19M, with a range of $242.84M to $250.66M. TU's average Quarter net income forecast represents a 13.45% increase compared to the company's last Quarter net income of $217.00M (Mar 23).
TELUS SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 5 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $1.54B | $1.38B | $1.23B | $1.17B | $1.12B | $1.11B | $1.09B | $1.05B | $1.01B | $958.00M | $959.00M | $911.00M | $873.00M | $809.00M | $761.00M | $758.00M | $706.00M | $700.00M | $624.00M |
| Avg Forecast | $1.26B | $1.26B | $1.22B | $1.20B | $1.25B | $1.29B | $1.28B | $1.61B | $1.34B | $1.29B | $1.26B | $1.46B | $1.34B | $1.18B | $1.13B | $1.33B | $1.14B | $1.09B | $1.03B | $1.05B | $1.03B | $971.27M | $901.22M | $947.83M | $998.85M | $964.68M | $914.80M | $706.00M | $700.00M | $588.34M |
| High Forecast | $1.28B | $1.27B | $1.24B | $1.21B | $1.27B | $1.30B | $1.30B | $1.93B | $1.35B | $1.31B | $1.28B | $1.76B | $1.61B | $1.18B | $1.13B | $1.60B | $1.14B | $1.09B | $1.03B | $1.26B | $1.03B | $971.27M | $901.22M | $1.14B | $998.85M | $964.68M | $914.80M | $847.20M | $840.00M | $706.01M |
| Low Forecast | $1.25B | $1.24B | $1.21B | $1.20B | $1.23B | $1.27B | $1.27B | $1.29B | $1.33B | $1.28B | $1.25B | $1.17B | $1.07B | $1.18B | $1.13B | $1.06B | $1.14B | $1.09B | $1.03B | $841.00M | $1.03B | $971.27M | $901.22M | $758.26M | $998.85M | $964.68M | $914.80M | $564.80M | $560.00M | $470.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.03% | 1.04% | 1.03% | 0.84% | 0.97% | 1.00% | 1.02% | 0.97% | 0.93% | 0.99% | 1.01% | 0.92% | 0.81% | 0.79% | 0.83% | 1.00% | 1.00% | 1.06% |
TELUS's average Quarter SG&A projection for Jun 23 is $1.26B, based on 3 Wall Street analysts, with a range of $1.25B to $1.28B. The forecast indicates a -18.01% fall compared to TU last annual SG&A of $1.54B (Mar 23).
TELUS EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 5 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 17 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.15 | $0.18 | $0.37 | $0.34 | $0.28 | $0.49 | $0.25 | $0.25 | $0.25 | $0.20 | $0.24 | $0.23 | $0.28 | $0.29 | $0.36 | $0.43 | $0.35 | $0.34 | $0.36 |
| Avg Forecast | $0.19 | $0.20 | $0.18 | $0.16 | $0.16 | $0.17 | $0.16 | $0.17 | $0.17 | $0.18 | $0.17 | $0.19 | $0.21 | $0.23 | $0.23 | $0.24 | $0.20 | $0.22 | $0.21 | $0.22 | $0.19 | $0.23 | $0.19 | $0.24 | $0.26 | $0.28 | $0.28 | $0.28 | $0.48 | $0.88 |
| High Forecast | $0.20 | $0.20 | $0.18 | $0.17 | $0.20 | $0.18 | $0.16 | $0.18 | $0.18 | $0.23 | $0.17 | $0.20 | $0.21 | $0.23 | $0.23 | $0.24 | $0.20 | $0.22 | $0.21 | $0.22 | $0.19 | $0.23 | $0.19 | $0.24 | $0.26 | $0.28 | $0.28 | $0.28 | $0.57 | $1.05 |
| Low Forecast | $0.19 | $0.20 | $0.17 | $0.16 | $0.12 | $0.17 | $0.16 | $0.17 | $0.16 | $0.14 | $0.16 | $0.19 | $0.21 | $0.23 | $0.23 | $0.24 | $0.20 | $0.22 | $0.21 | $0.22 | $0.19 | $0.23 | $0.19 | $0.24 | $0.26 | $0.28 | $0.28 | $0.28 | $0.39 | $0.71 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.85% | 1.58% | 1.50% | 1.16% | 2.44% | 1.13% | 1.20% | 1.11% | 1.04% | 1.05% | 1.22% | 1.15% | 1.11% | 1.27% | 1.56% | 1.28% | 0.72% | 0.41% |
According to 3 Wall Street analysts, TELUS's projected average Quarter EPS for Jun 23 is $0.17, with a low estimate of $0.16 and a high estimate of $0.17. This represents a 10.45% increase compared to TU previous annual EPS of $0.15 (Mar 23).
TELUS Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RCI | Rogers Communications | $31.67 | $70.00 | 121.03% | Buy |
| BCE | BCE | $23.58 | $49.96 | 111.87% | Hold |
| LBRDA | Liberty Broadband | $79.60 | $158.00 | 98.49% | Buy |
| TU | TELUS | $14.05 | $21.50 | 53.02% | Buy |
| VIV | Telefônica Brasil | $8.04 | $10.70 | 33.08% | Hold |
| AMX | América Móvil | $14.92 | $18.90 | 26.68% | Buy |
| VOD | Vodafone Group Public Limited Company | $8.63 | $9.50 | 10.08% | Buy |