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NYSE: TU
Telus Corp Stock Forecast, Predictions & Price Target

Analyst price target for TU

Based on 2 analysts offering 12 month price targets for Telus Corp.
Min Forecast
$23.00+7.68%
Avg Forecast
$24.50+14.7%
Max Forecast
$26.00+21.72%

Should I buy or sell TU stock?

Based on 3 analysts offering ratings for Telus Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
3 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TU stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 35%
66
HoldMaintains$23.00+7.68%2022-10-10
Barclays
Bottom 29%
29
HoldDowngrades$26.00+21.72%2022-05-10
TD Securities
Bottom 21%
21
HoldDowngradesN/AN/A2022-03-07

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Forecast return on equity

Is TU forecast to generate an efficient return?
Company
13.7%
Industry
17.32%
Market
47.84%
TU's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TU forecast to generate an efficient return on assets?
Company
4.24%
Industry
5.41%
TU is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TU earnings per share forecast

What is TU's earnings per share in the next 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.15+3.98%
Avg 2 year Forecast
$1.20+8.5%
TU's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TU revenue forecast

What is TU's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$15.4B+11.5%
Avg 2 year Forecast
$16.0B+15.63%
TU's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TU earnings growth forecast

How is TU forecast to perform vs Telecom Services companies and vs the US market?
Company
7.88%
Industry
98.1%
Market
84.98%
TU's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TU's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TU's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TU revenue growth forecast

How is TU forecast to perform vs Telecom Services companies and vs the US market?
Company
15.73%
Industry
1.39%
Market
70.63%
TU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TU vs Telecom Stocks

TickerPricePrice TargetUp/downsideConsensus
TU$21.36$24.50+14.70%Hold
CHT$37.55N/AN/AStrong Buy
VOD$10.97N/AN/AHold
ORAN$10.40$8.80-15.38%Hold
TLK$25.60$35.80+39.84%Buy

Telus Stock Forecast FAQ

Is Telus Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: TU) stock is to Hold TU stock.

Out of 3 analysts, 0 (0%) are recommending TU as a Strong Buy, 0 (0%) are recommending TU as a Buy, 3 (100%) are recommending TU as a Hold, 0 (0%) are recommending TU as a Sell, and 0 (0%) are recommending TU as a Strong Sell.

If you're new to stock investing, here's how to buy Telus stock.

What is TU's earnings growth forecast for 2023-2024?

(NYSE: TU) Telus's forecast annual earnings growth rate of 7.88% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 98.1%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Telus's earnings in 2023 is $1,467,883,211.On average, 7 Wall Street analysts forecast TU's earnings for 2023 to be $1,607,700,000, with the lowest TU earnings forecast at $1,453,920,000, and the highest TU earnings forecast at $1,915,260,000.

In 2024, TU is forecast to generate $1,677,600,000 in earnings, with the lowest earnings forecast at $1,649,640,000 and the highest earnings forecast at $1,705,560,000.

What is TU's revenue growth forecast for 2023-2024?

(NYSE: TU) Telus's forecast annual revenue growth rate of 15.73% is forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 1.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Telus's revenue in 2023 is $13,303,649,635.On average, 4 Wall Street analysts forecast TU's revenue for 2023 to be $21,523,533,906,000, with the lowest TU revenue forecast at $21,056,676,000,000, and the highest TU revenue forecast at $22,590,212,100,000.

In 2024, TU is forecast to generate $22,320,153,450,000 in revenue, with the lowest revenue forecast at $22,237,650,480,000 and the highest revenue forecast at $22,402,656,420,000.

What is TU's forecast return on assets (ROA) for 2023-2024?

(NYSE: TU) forecast ROA is 4.24%, which is lower than the forecast US Telecom Services industry average of 5.41%.

What is TU's Price Target?

According to 2 Wall Street analysts that have issued a 1 year TU price target, the average TU price target is $24.50, with the highest TU stock price forecast at $26.00 and the lowest TU stock price forecast at $23.00.

On average, Wall Street analysts predict that Telus's share price could reach $24.50 by Oct 10, 2023. The average Telus stock price prediction forecasts a potential upside of 14.7% from the current TU share price of $21.36.

What is TU's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: TU) Telus's current Earnings Per Share (EPS) is $1.07. On average, analysts forecast that TU's EPS will be $1.15 for 2023, with the lowest EPS forecast at $1.04, and the highest EPS forecast at $1.37. In 2024, TU's EPS is forecast to hit $1.20 (min: $1.18, max: $1.22).

What is TU's forecast return on equity (ROE) for 2023-2024?

(NYSE: TU) forecast ROE is 13.7%, which is considered weak.
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