TELUS CORP (TU) Forecast, Price Target & Analyst Ratings

NYSE:TUCA87971M1032

Current stock price

12.86 USD
-0.11 (-0.85%)
At close:
12.85 USD
-0.01 (-0.08%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TELUS CORP (TU).

Forecast Snapshot

Consensus Price Target

Price Target
$15.59
+ 21.21% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
May 1, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.23
Revenue Estimate
5.221B

ChartMill Buy Consensus

Rating
71.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$15.59
Upside
+ 21.21%
From current price of $12.86 to mean target of $15.59, Based on 24 analyst forecasts
Low
$12.54
Median
$15.64
High
$18.40

Price Target Revisions

1 Month
0.00%
3 Months
-3.20%

Price Target Summary

24 Wall Street analysts provided a forecast for the next 12 months for TU. The average price target is 15.59 USD. This implies a price increase of 21.21% is expected in the next year compared to the current price of 12.86.
The average price target has been revised downward by 3.2% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

TU Current Analyst RatingTU Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

TU Historical Analyst RatingsTU Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
71.67%
TU was analyzed by 24 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about TU.
In the previous month the buy percentage consensus was at a similar level.
TU was analyzed by 24 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-10B of A SecuritiesUpgrade Neutral -> Buy
2025-11-18JP MorganDowngrade Neutral -> Underweight
2025-11-10BarclaysMaintains Equal-Weight -> Equal-Weight
2025-05-12Canaccord GenuityMaintains Hold -> Hold
2024-03-25ScotiaBankDowngrade Sector Outperform -> Sector Perform
2024-02-12BMO CapitalMaintains Outperform -> Outperform
2023-08-07BarclaysMaintains Equal-Weight -> Equal-Weight
2023-07-17BMO CapitalMaintains Outperform -> Outperform
2023-07-17RBC CapitalMaintains Outperform -> Outperform
2023-05-08BarclaysMaintains Equal-Weight
2022-10-10BarclaysMaintains Equal-Weight
2022-05-10BarclaysDowngrade Overweight -> Equal-Weight
2022-03-07TD SecuritiesDowngrade Buy -> Hold
2021-08-04JPMorgan ChaseUpgrade Outperform
2021-08-04TD SecuritiesUpgrade Buy
2021-08-03RBC CapitalMaintains Outperform
2021-08-03CIBC World MarketsMaintains Outperform
2021-08-02UBSUpgrade
2021-07-26National Bank FinancialUpgrade Outperform
2021-07-14RBC CapitalUpgrade
2021-07-13Canaccord GenuityUpgrade
2021-06-22CIBC World MarketsMaintains Outperform
2021-05-27BMO Capital MarketsUpgrade
2021-05-10CIBC World MarketsUpgrade Outperform
2021-05-10Canaccord GenuityUpgrade

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 1, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.23
Revenue Estimate
5.221B
Revenue Q2Q
4.05%
EPS Q2Q
-10.20%
Number of Analysts
14

Next Earnings Revisions

Revenue (1 Month)
-0.48%
Revenue (3 Months)
-1.08%
EPS (1 Month)
1.38%
EPS (3 Months)
-8.25%

Next Earnings Summary

TU is expected to report earnings on 5/1/2026. The consensus EPS estimate for the next earnings is 0.23 USD and the consensus revenue estimate is 5.22B USD.
The next earnings revenue estimate has been revised downward by 1.08% in the past 3 months.

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
TU revenue by date.TU revenue by date.
20.005B
9.36%
20.139B
0.67%
20.346B
1.03%
21.38B
5.08%
21.977B
2.79%
22.608B
2.87%
23.615B
4.45%
24.326B
3.01%
24.646B
1.32%
25.262B
2.50%
25.893B
2.50%
EBITDA
YoY % growth
TU ebitda by date.TU ebitda by date.
7.055B
6.22%
7.279B
3.18%
7.268B
-0.15%
7.758B
6.74%
8.013B
3.29%
8.186B
2.16%
8.416B
2.81%
8.655B
2.84%
8.907B
2.91%
9.16B
2.84%
9.034B
-1.38%
EBIT
YoY % growth
TU ebit by date.TU ebit by date.
2.986B
-6.39%
3.243B
8.61%
3.209B
-1.05%
3.246B
1.15%
3.492B
7.58%
3.829B
9.65%
3.722B
-2.79%
4.02B
8.01%
N/AN/AN/A
Operating Margin
TU operating margin by date.TU operating margin by date.
14.93%16.10%15.77%15.18%15.89%16.94%15.76%16.53%N/AN/AN/A
EPS
YoY % growth
TU eps by date.TU eps by date.
0.95
-20.17%
1.04
9.47%
0.92
-11.54%
0.95
3.11%
1.08
14.13%
1.22
12.38%
1.42
17.00%
1.58
10.79%
N/AN/AN/A

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
0.23
-10.20%
0.22
-2.22%
0.25
5.78%
0.23
16.08%
0.25
8.34%
0.24
11.66%
0.26
4.26%
0.26
12.04%
Revenue
Q2Q % growth
5.221B
4.05%
5.277B
3.84%
5.323B
4.25%
5.507B
4.68%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
1.908B
5.07%
1.896B
-32.29%
1.973B
-48.34%
1.965B
-59.28%
1.98B
3.77%
1.96B
3.38%
2.025B
2.64%
2.035B
3.56%
EBIT
Q2Q % growth
782.5M
-5.04%
741.67M
-7.75%
816.55M
0.56%
800.06M
4.31%
N/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TU Yearly Revenue VS EstimatesTU Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B 25B
TU Yearly EPS VS EstimatesTU Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
9.77%
EPS Next 5 Year
11.38%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.39%
Revenue Next 5 Year
2.92%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
37.89%
EBIT Next 5 Year
22.62%

TELUS CORP / TU Forecast FAQ

What is the price target for TU stock?

24 analysts have analysed TU and the average price target is 15.59 USD. This implies a price increase of 21.21% is expected in the next year compared to the current price of 12.86.

When does TELUS CORP (TU) report earnings?

TELUS CORP (TU) will report earnings on 2026-05-01.

Can you provide the consensus estimates for TELUS CORP next earnings?

The consensus EPS estimate for the next earnings of TELUS CORP (TU) is 0.23 USD and the consensus revenue estimate is 5.22B USD.

What is the consensus rating for TU stock?

The consensus rating for TELUS CORP (TU) is 71.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.