TELUS Corporation (TU)
NYSE: TU · IEX Real-Time Price · USD
16.45
+0.32 (1.98%)
May 31, 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 56.05% from the current stock price of 16.45.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 4 | 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 | +58.05% | Feb 12, 2024 |
| Barclays | Barclays | Hold Maintains $21 → $20 | Hold | Maintains | $21 → $20 | +21.58% | Aug 7, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $32 → $31 | Buy | Maintains | $32 → $31 | +88.45% | Jul 17, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $33 → $29 | Buy | Maintains | $33 → $29 | +76.29% | Jul 17, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.