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TELUS (T) Stock Forecast & Price Target

TELUS logo
C$17.16 +0.09 (+0.53%)
As of 01:52 PM Eastern

TELUS - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
4
Buy
5

Based on 10 Wall Street analysts who have issued ratings for TELUS in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 4 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for T.

Consensus Price Target

C$20.27
18.12% Upside
According to the 10 analysts' twelve-month price targets for TELUS, the average price target is C$20.27. The highest price target for T is C$25.00, while the lowest price target for T is C$17.50. The average price target represents a forecasted upside of 18.12% from the current price of C$17.16.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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T Analyst Ratings Over Time

TypeCurrent Forecast
5/21/25 to 5/21/26
1 Month Ago
4/21/25 to 4/21/26
3 Months Ago
2/20/25 to 2/20/26
1 Year Ago
5/21/24 to 5/21/25
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$20.27C$20.33C$21.38C$23.00
Forecasted Upside18.12% Upside20.89% Upside14.86% Upside3.60% Upside
Consensus RatingModerate BuyHoldHoldHold

T Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

T Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

TELUS Stock vs. The Competition

TypeTELUSCommunication Services Companies
Consensus Rating Score
2.50
2.40
Consensus RatingModerate BuyHold
News Sentiment Rating
Neutral News

See Recent T News
Neutral News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/13/2026
Desjardins logo
Desjardins
4 of 5 stars
 Set TargetBuyC$21.00+23.31%
4/28/2026
TD Securities logo
TD Securities
4 of 5 stars
 UpgradeHoldStrong-Buy
4/28/2026
TD logo
TD
Not Rated
 UpgradeHoldBuyC$19.00 ➝ C$20.00+18.55%
4/14/2026 Lower TargetC$20.00 ➝ C$19.00+13.16%
4/9/2026 DowngradeStrong-BuyHold
4/9/2026 Lower TargetOutperformC$23.00 ➝ C$22.00+31.97%
4/9/2026 DowngradeBuyHoldC$21.00 ➝ C$17.50+4.98%
2/13/2026 Lower TargetSector PerformC$20.00 ➝ C$19.00+3.20%
12/30/2025 Lower TargetOutperformC$21.50 ➝ C$21.00+17.25%
12/11/2025 DowngradeOutperformHoldC$23.00 ➝ C$19.00+7.04%
12/10/2025 Lower TargetC$25.00 ➝ C$20.00+9.71%
11/18/2025 DowngradeNeutralUnderweightC$22.00 ➝ C$19.00
10/17/2025 Boost TargetC$24.00 ➝ C$25.00+16.39%
3/21/2025 DowngradeBuyNeutralC$24.00 ➝ C$22.00+10.33%
3/4/2025DowngradeModerate BuyHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:12 PM ET.


Should I Buy TELUS Stock? T Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, May 17, 2026. Please send any questions or comments about these TELUS pros and cons to contact@marketbeat.com.

TELUS
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in TELUS Co.:

  • Recent upgrades from analysts, including a shift from a "hold" to a "buy" rating, indicate growing confidence in TELUS Co.'s potential for future growth.
  • The current stock price is around C$16.86, which presents a potential upside of approximately 18.62% based on the latest target price set by analysts.
  • Analysts have noted a consensus target price of around C$20.31, suggesting that there is room for appreciation in the stock value.
  • The company has a solid market capitalization of approximately C$26.32 billion, indicating a stable financial position and the ability to invest in growth opportunities.
  • Recent trading activity shows a positive trend, with shares experiencing an increase, reflecting investor interest and confidence in the company's performance.

TELUS
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in TELUS Co. for these reasons:

  • Several analysts have downgraded their ratings recently, with some moving from "buy" to "hold," which may indicate concerns about the company's short-term performance.
  • The stock has experienced fluctuations, with a recent drop to C$16.71, suggesting volatility that could deter risk-averse investors.
  • High debt-to-equity ratio of 199.42 indicates that TELUS Co. is heavily leveraged, which could pose risks in times of economic downturns.
  • Analysts have varied opinions, with some suggesting a lower target price, which may create uncertainty about the stock's future trajectory.
  • Recent reports indicate that the company has faced challenges in maintaining its previous growth momentum, which could impact investor confidence.

T Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for TELUS is C$20.27, with a high forecast of C$25.00 and a low forecast of C$17.50.

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There is currently 1 sell rating, 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" T shares.

According to analysts, TELUS's stock has a predicted upside of 18.12% based on their 12-month stock forecasts.

Over the previous 90 days, TELUS's stock had 3 downgrades and 2 upgrades by analysts.

TELUS has been rated by research analysts at Barclays, Canaccord Genuity Group, Desjardins, Royal Bank Of Canada, Scotiabank, TD, and TD Securities in the past 90 days.

Analysts like TELUS more than other "communication services" companies. The consensus rating for TELUS is Moderate Buy while the average consensus rating for "communication services" companies is Hold. Learn more on how T compares to other companies.


This page (TSE:T) was last updated on 5/21/2026 by MarketBeat.com Staff.
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