TELUS (T) Stock Forecast & Price Target C$17.16 +0.09 (+0.53%) As of 01:52 PM Eastern Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesBuy This Stock TELUS - Analysts' Recommendations and Stock Price Forecast (2026) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating Moderate BuyBased on 10 Analyst RatingsSell1Hold4Buy5 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$20.2718.12% 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. Get the Latest News and Ratings for T and Related Stocks Enter your email address to receive the latest news and analysts' ratings for TELUS and its competitors. Sign Up View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. 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T Analyst Ratings Over TimeTypeCurrent Forecast5/21/25 to 5/21/261 Month Ago4/21/25 to 4/21/263 Months Ago2/20/25 to 2/20/261 Year Ago5/21/24 to 5/21/25Strong Buy1 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy4 Buy rating(s)3 Buy rating(s)6 Buy rating(s)4 Buy rating(s)Hold4 Hold rating(s)5 Hold rating(s)4 Hold rating(s)5 Hold rating(s)Sell1 Sell rating(s)1 Sell rating(s)1 Sell rating(s)0 Sell rating(s)Consensus Price TargetC$20.27C$20.33C$21.38C$23.00Forecasted Upside18.12% Upside20.89% Upside14.86% Upside3.60% UpsideConsensus RatingModerate BuyHoldHoldHold T Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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 MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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 CompetitionTypeTELUSCommunication Services CompaniesConsensus Rating Score 2.50 2.40Consensus RatingModerate BuyHoldNews Sentiment RatingNeutral NewsSee Recent T NewsNeutral News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails5/13/2026 Desjardins4 of 5 stars Set TargetBuyC$21.00+23.31%4/28/2026 TD Securities4 of 5 stars UpgradeHold ➝ Strong-Buy4/28/2026 TDNot Rated UpgradeHold ➝ BuyC$19.00 ➝ C$20.00+18.55%4/14/2026 BarclaysSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetC$20.00 ➝ C$19.00+13.16%4/9/2026 ScotiabankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeStrong-Buy ➝ Hold4/9/2026 Royal Bank Of CanadaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetOutperformC$23.00 ➝ C$22.00+31.97%4/9/2026 Canaccord Genuity GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeBuy ➝ HoldC$21.00 ➝ C$17.50+4.98%2/13/2026 ATB Cormark Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetSector PerformC$20.00 ➝ C$19.00+3.20%12/30/2025 National Bank FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetOutperformC$21.50 ➝ C$21.00+17.25%12/11/2025 BMO Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeOutperform ➝ HoldC$23.00 ➝ C$19.00+7.04% Get the Latest News and Ratings for T and Related StocksEnter your email address below to receive the latest news and analysts' ratings for TELUS and its competitors with MarketBeat's FREE daily newsletter. 12/10/2025 Morgan StanleySubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetC$25.00 ➝ C$20.00+9.71%11/18/2025 JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeNeutral ➝ UnderweightC$22.00 ➝ C$19.0010/17/2025 Canadian Imperial Bank of CommerceSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetC$24.00 ➝ C$25.00+16.39%3/21/2025 Bank of AmericaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeBuy ➝ NeutralC$24.00 ➝ C$22.00+10.33%3/4/2025 CormarkSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingD. McfadgenSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeModerate Buy ➝ HoldAnalyst 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 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 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 What is TELUS's forecast for 2026? 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. Should I buy or sell TELUS stock right now? 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. Does TELUS's stock price have much upside? According to analysts, TELUS's stock has a predicted upside of 18.12% based on their 12-month stock forecasts. Has TELUS been upgraded or downgraded by Wall Street analysts recently? Over the previous 90 days, TELUS's stock had 3 downgrades and 2 upgrades by analysts. What analysts cover TELUS? 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. Do Wall Street analysts like TELUS more than its competitors? 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. Stock Forecasts and Research Tools Related Companies BCE Stock Forecast Rogers Communications Stock Forecast Amex Exploration Stock Forecast Corus Entertainment Stock Forecast Quebecor Stock Forecast Quebecor Stock Forecast Cogeco Communications Stock Forecast Cogeco Stock Forecast Stingray Group Stock Forecast Cineplex Stock Forecast Today's Analyst Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Brokerages With TELUS RecommendationsDesjardinsTD SecuritiesTDBarclaysScotiabankCanaccord Genuity GroupRoyal Bank Of CanadaATB Cormark Capital MarketsNational Bank FinancialBMO Capital MarketsMorgan StanleyJPMorgan Chase & Co.Canadian Imperial Bank of Commerce This page (TSE:T) was last updated on 5/21/2026 by MarketBeat.com Staff. 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