William Blair Has Positive View of Telus Digital Q2 Earnings

Key Points

• William Blair has increased its Q2 2026 earnings estimates for Telus Digital to $0.10 per share, up from a prior estimate of $0.09.
• Despite the upward revision in earnings estimates, several analysts have downgraded the stock's ratings, with an average target price now at $3.84.
• The company reported a quarterly earnings result of $0.06 per share, exceeding analysts' expectations, and achieving a revenue of $711.33 million.

Telus Digital (NYSE:TIXT - Free Report) - William Blair raised their Q2 2026 earnings estimates for shares of Telus Digital in a report issued on Monday, August 4th. William Blair analyst M. Nolan now anticipates that the company will earn $0.10 per share for the quarter, up from their prior forecast of $0.09. The consensus estimate for Telus Digital's current full-year earnings is $0.32 per share.

TIXT has been the subject of a number of other reports. National Bank Financial cut Telus Digital from an "outperform" rating to a "sector perform" rating and set a $4.00 price objective for the company. in a research report on Monday, July 21st. Scotiabank lifted their price objective on shares of Telus Digital from $3.00 to $3.40 and gave the stock a "sector perform" rating in a research report on Tuesday, June 17th. Barclays dropped their price objective on shares of Telus Digital from $5.00 to $3.00 and set an "equal weight" rating on the stock in a research report on Friday, April 25th. National Bankshares downgraded Telus Digital from an "outperform" rating to a "sector perform" rating and upped their target price for the company from $3.50 to $4.00 in a research report on Monday, July 21st. Finally, BMO Capital Markets dropped their price target on Telus Digital from $4.50 to $3.00 and set a "market perform" rating for the company in a report on Monday, May 12th. Twelve investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $3.70.

Telus Digital Stock Up 1.5%

Shares of Telus Digital stock traded up $0.06 during trading hours on Tuesday, reaching $3.64. 1,187,586 shares of the company's stock were exchanged, compared to its average volume of 774,539. The stock has a market cap of $1.00 billion, a P/E ratio of -2.62 and a beta of 0.90. The company has a 50 day moving average of $3.58 and a two-hundred day moving average of $3.18. The company has a current ratio of 0.84, a quick ratio of 0.86 and a debt-to-equity ratio of 0.85. Telus Digital has a fifty-two week low of $2.13 and a fifty-two week high of $4.60.

Telus Digital (NYSE:TIXT - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. Telus Digital had a negative net margin of 14.09% and a positive return on equity of 1.99%. The company had revenue of $711.33 million during the quarter, compared to analysts' expectations of $660.87 million.

Institutional Investors Weigh In On Telus Digital

Several institutional investors and hedge funds have recently made changes to their positions in TIXT. Mackenzie Financial Corp raised its holdings in shares of Telus Digital by 31.1% in the 4th quarter. Mackenzie Financial Corp now owns 10,868,451 shares of the company's stock worth $42,673,000 after acquiring an additional 2,578,241 shares during the last quarter. QV Investors Inc. lifted its position in shares of Telus Digital by 25.8% during the second quarter. QV Investors Inc. now owns 7,614,325 shares of the company's stock valued at $27,623,000 after purchasing an additional 1,561,690 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Telus Digital by 209.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,095,220 shares of the company's stock valued at $8,222,000 after buying an additional 1,418,119 shares during the last quarter. Medina Value Partners LLC bought a new position in shares of Telus Digital during the 4th quarter worth approximately $8,211,000. Finally, D. E. Shaw & Co. Inc. grew its holdings in shares of Telus Digital by 365.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 739,609 shares of the company's stock valued at $2,904,000 after acquiring an additional 580,726 shares in the last quarter. Institutional investors own 59.55% of the company's stock.

Telus Digital Company Profile

TELUS Digital Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.