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TELUS (T) Stock Forecast & Price Target

TELUS logo
C$11.86 -0.14 (-1.17%)
As of 04:00 PM Eastern

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

Consensus Rating

Sell
2
Hold
9
Buy
2

Based on 13 Wall Street analysts who have issued ratings for TELUS in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 2 have given a sell rating, 9 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for T.

Consensus Price Target

C$18.68
57.49% Upside
According to the 13 analysts' twelve-month price targets for TELUS, the average price target is C$18.68. The highest price target for T is C$25.00, while the lowest price target for T is C$13.00. The average price target represents a forecasted upside of 57.49% from the current price of C$11.86.
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
9/28/25 to 9/28/26
1 Month Ago
8/29/25 to 8/29/26
3 Months Ago
6/30/25 to 6/30/26
1 Year Ago
9/28/24 to 9/28/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$18.68C$18.68C$20.27C$23.32
Forecasted Upside57.49% Upside38.77% Upside35.13% Upside6.82% Upside
Consensus RatingHoldHoldModerate BuyModerate Buy

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
2.08
2.05
Consensus RatingHoldHold
News Sentiment Rating
Neutral News

See Recent T News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/4/2026 DowngradeModerate Buy ➝ Hold
8/4/2026
Desjardins logo
Desjardins
4 of 5 stars
 DowngradeModerate Buy ➝ Hold
8/3/2026 DowngradeStrong-Buy ➝ Hold
7/31/2026 DowngradeStrong-Buy ➝ Hold
7/28/2026 Lower TargetSector PerformC$19.00 ➝ C$16.50+9.49%
7/21/2026 DowngradeEqual Weight ➝ UnderweightC$20.00 ➝ C$13.00-8.77%
7/16/2026 Set TargetMarket PerformC$18.50+23.99%
7/16/2026 Lower TargetC$19.00 ➝ C$17.00+13.94%
7/10/2026 Lower TargetHoldC$16.75 ➝ C$15.50+4.80%
7/7/2026 Lower TargetSector PerformC$20.00 ➝ C$19.00+27.77%
4/28/2026 UpgradeHold ➝ Strong-Buy
4/28/2026 UpgradeHold ➝ BuyC$19.00 ➝ C$20.00+18.55%
12/11/2025 DowngradeOutperform ➝ HoldC$23.00 ➝ C$19.00+7.04%
11/18/2025 DowngradeNeutral ➝ UnderweightC$22.00 ➝ C$19.00
3/21/2025 DowngradeBuy ➝ NeutralC$24.00 ➝ C$22.00+10.33%
3/4/2025DowngradeModerate Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:28 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 Thursday, September 24, 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.:

  • TELUS Co. offers a highly attractive dividend yield of 11.93%, which provides a substantial income stream for investors seeking cash flow, even as the stock price has declined to its current level of $12.03.
  • The company is strategically pivoting to focus on high-growth data centers and core business operations, a move that aims to streamline its portfolio and capitalize on the increasing demand for digital infrastructure and AI-fueled automation services.
  • TELUS Co. has demonstrated strong leadership in customer experience management, being named a leader in the Everest Group CXM Services PEAK Matrix Assessment for the eighth consecutive year, which supports its ability to retain customers and drive value through its digital transformation capabilities.
  • Insiders have shown confidence in the company's long-term value, with multiple directors, including Darren Entwistle, purchasing significant blocks of shares in late 2025 at prices ranging from $17.33 to $17.46, suggesting they view the current valuation as a discount to intrinsic value.
  • The stock's low beta of 0.53 indicates that TELUS Co. is less volatile than the broader market, making it a potentially stable holding for investors looking to reduce portfolio risk during periods of market uncertainty.

TELUS
Bear Case

red Wall Street bear icon

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

  • TELUS Co. recently confirmed a significant security breach where customer accounts were accessed over a period of 16 months, raising serious concerns about data privacy and the company's ability to protect sensitive customer information.
  • The company is facing legal and regulatory challenges, including a fight with the CRTC over a $15 SIM fee that has escalated to the Federal Court, which could result in unfavorable rulings or increased compliance costs.
  • TELUS Co. has a negative price-to-earnings ratio of -20.39, indicating that the company is currently operating at a loss, which is further supported by a negative net margin of 4.55% and a negative return on equity of 6.56% reported in recent earnings.
  • Analyst sentiment has deteriorated significantly, with the consensus rating downgraded to "Hold" and the average price target reduced to $18.68, reflecting a loss of confidence among sell-side analysts who have cut their ratings and price objectives in recent months.
  • The stock has experienced a severe decline, hitting a 52-week low of $11.85 and trading at $12.03, which is significantly below its 52-week high of $22.09, suggesting persistent downward pressure and potential further losses for investors.

T Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for TELUS is C$18.68, with a high forecast of C$25.00 and a low forecast of C$13.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 2 sell ratings, 9 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" T shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in T, but not buy additional shares or sell existing shares.

According to analysts, TELUS's stock has a predicted upside of 57.49% based on their 12-month stock forecasts.

Over the previous 90 days, TELUS's stock had 5 downgrades by analysts.

Analysts like TELUS more than other "communication services" companies. The consensus rating score for TELUS is 2.08 while the average consensus rating score for "communication services" companies is 2.06. Learn more on how T compares to other companies.


MarketBeat monitors more than a dozen sources for TELUS analyst ratings, with the most recent rating issued on 8/4/2026.
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