TELUS Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TELUS stock has a target of 21.5, which predicts an increase of 37.73% from the current stock price of 15.61.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$21.5	$21.5	$21.5	$21.5
Change	+37.73%	+37.73%	+37.73%	+37.73%

Analyst Ratings

According to 1 stock analyst, the rating for TELUS is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	0
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aravinda Galappatthige Canaccord Genuity	Canaccord Genuity	Hold Maintains $20 → $22	Hold	Maintains	$20 → $22	+37.73%	May 12, 2025
Jeff Fan Scotiabank	Scotiabank	Buy → Hold Downgrades $28 → $26	Buy → Hold	Downgrades	$28 → $26	+66.56%	Mar 25, 2024
Tim Casey BMO Capital	BMO Capital	Buy Maintains $27 → $26	Buy	Maintains	$27 → $26	+66.56%	Feb 12, 2024
Kannan Venkateshwar Barclays	Barclays	Hold Maintains $21 → $20	Hold	Maintains	$21 → $20	+28.12%	Aug 7, 2023
Drew McReynolds RBC Capital	RBC Capital	Buy Maintains $32 → $31	Buy	Maintains	$32 → $31	+98.59%	Jul 17, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

21.29B

from 20.14B

5.71%

from 20.14B

Revenue Next Year

21.87B

from 21.29B

2.71%

from 21.29B

EPS This Year

1.03

from 0.67

54.99%

from 0.67

EPS Next Year

1.14

from 1.03

9.93%

from 1.03

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	15.34B	16.84B	18.29B	20.01B	20.14B	21.29B	21.87B	22.55B
Revenue Growth	5.16%	9.76%	8.64%	9.37%	0.67%	5.71%	2.71%	3.14%
EPS	0.94	1.22	1.15	0.58	0.67	1.03	1.14	1.31
EPS Growth	-35.17%	29.79%	-5.74%	-49.60%	15.14%	54.99%	9.93%	15.43%
Forward PE	-	-	-	-	-	21.05	19.15	16.59
No. Analysts	-	-	-	-	-	19	19	10

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	23.0B	23.8B	23.4B
Avg	21.3B	21.9B	22.6B
Low	20.3B	20.7B	21.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	14.2%	12.0%	6.8%
Avg	5.7%	2.7%	3.1%
Low	0.6%	-2.8%	-1.7%

EPS Forecast

EPS	2025	2026	2027
High	1.14	1.32	1.53
Avg	1.03	1.14	1.31
Low	0.93	1.00	0.97

EPS Growth

EPS Growth	2025	2026	2027
High	71.5%	27.9%	34.8%
Avg	55.0%	9.9%	15.4%
Low	39.5%	-3.4%	-14.7%

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.