BCE Reports Strong Q1 2026 Results with Key Growth Metrics

Written by Emily J. Thompson, Senior Investment Analyst

Source: PRnewswire

Updated: 3 days ago

0mins

BCE-1.75%

Should l Buy BCE?

Source: PRnewswire

Revenue Growth: BCE's Q1 2026 revenue reached CAD 6.168 billion, a 4.0% increase year-over-year, primarily driven by a 3.4% rise in service revenue to CAD 5.350 billion and a 7.9% increase in product revenue to CAD 818 million, demonstrating the company's ability to maintain stable growth in a competitive market.
Fiber Subscriber Increase: In Canada, BCE added nearly 43,000 residential fiber subscribers, and combined with contributions from Ziply Fiber, total residential fiber net additions approached 50,000, driving Internet revenue growth of nearly 15% year-over-year, further solidifying its leadership in the high-speed Internet market.
Crave Subscription Growth: Crave saw a 25% year-over-year increase in subscribers, reaching 4.74 million in Q1 2026, marking its most-watched quarter in history, reflecting BCE's strong performance and rising demand in the digital media sector.
AI Solutions Revenue: BCE disclosed for the first time that Bell Business Markets' revenue grew by 9.7%, with AI-powered solutions revenue soaring by 113%, showcasing the company's innovative capabilities in enterprise services and enhancing its competitive edge in the market.

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Analyst Views on BCE

Wall Street analysts forecast BCE stock price to rise

11 Analyst Rating

6 Buy

5 Hold

0 Sell

Moderate Buy

Current: 24.570

Low

24.34

Averages

27.57

High

32.45

Current: 24.570

Low

24.34

Averages

27.57

High

32.45

TD Securities

Buy

Hold

downgrade

$37

2026-04-02

Reason

TD Securities

Price Target

$37

AI Analysis

2026-04-02

downgrade

Buy

Hold

Reason

TD Securities downgraded BCE to Hold from Buy with a C$37 price target.

RBC Capital

Outperform

maintain

$38 -> $39

2026-03-17

Reason

RBC Capital

Price Target

$38 -> $39

2026-03-17

maintain

Outperform

Reason

RBC Capital raised the firm's price target on BCE to C$39 from C$38 and keeps an Outperform rating on the shares.The newly-announced 300 MW data center is an incremental positive with the major boxes being ticked with respect to project economics, risk, returns and upside optionality for BCE, the analyst tells investors in a research note.

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About BCE

BCE Inc. is a Canada-based communications company. The Company provides advanced Bell broadband Internet, wireless, television (TV), media and business communications services. The Company operates through two segments: Bell Communication and Technology Services (Bell CTS) and Bell Media. The Bell CTS segment includes providing a range of communication products and services to consumers, businesses and government customers across Canada; wireless products and services; wireline products and services, and its wholesale business. Its brands include Bell, Bell MTS, Bell Aliant, Virgin Plus, Fibe, Lucky Mobile and Northwestel. The Bell Media segment is a media and entertainment company with a portfolio of assets in video, audio and OOH advertising, and digital media, monetized through traditional and digital platforms. The Company also serves customers in the United States Pacific Northwest through Ziply Fiber.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

BCE Declares Quarterly Dividend of CAD 0.4375 per Share

2 days agoseekingalpha

Quarterly Dividend Announcement: BCE has declared a quarterly dividend of CAD 0.4375 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability, which enhances investor confidence.
Payment Schedule: The dividend will be payable on July 15, with a record date of June 15 and an ex-dividend date also on June 15, ensuring shareholders receive timely returns and reinforcing the relationship between the company and its investors.
Dividend Growth Potential: BCE's ability to maintain its dividend is supported by its ongoing profitability and sound financial management, which is expected to continue attracting income-seeking investors and enhance the company's market appeal.
Investor Interest: BCE's dividend performance and growth potential have garnered attention among investors, particularly in the current economic climate, where stable dividend payments provide additional security, potentially stabilizing the stock price.

BCE Annual General Meeting Approves All Proposals

3 days agoPRnewswire

Director Election Results: At BCE's Annual General Meeting, all nominated directors received shareholder approval, with Mirko Bibic elected with 98.54% of votes, demonstrating shareholder trust and enhancing the stability of the company's governance structure.
Voting Statistics: Louis Vachon achieved the highest support rate of 99.10%, reflecting his significance and influence within the company, further solidifying BCE's leadership position in the communications industry.
Strategic Direction: As Canada's largest communications company, BCE is committed to enhancing customer experience through cloud-based and AI-driven solutions, ensuring competitiveness in the global market and showcasing its foresight in technological innovation.
Transparency Enhancement: BCE provided complete director biographies and voting matters during the meeting, increasing shareholder understanding of company operations and demonstrating the company's commitment to transparency and shareholder communication.

BCE Annual General Meeting Successfully Elects Directors

3 days agoPRnewswire

Shareholder Voting Results: At BCE's Annual General Meeting, all proposals were approved, with director nominations receiving over 98% support, reflecting strong shareholder trust in management and enhancing governance stability.
Director Election Details: Mirko Bibic was elected with 98.54% support, while Robert P. Dexter and Katherine Lee received 98.45% and 98.13% respectively, indicating the effectiveness of the leadership in driving the company's strategic development.
Company Strategic Positioning: As Canada's largest communications company, BCE is committed to leveraging advanced fiber and wireless networks, enterprise services, and digital media to drive the application of next-generation technologies, thereby enhancing customer connectivity and business competitiveness, further solidifying its market leadership.
Future Growth Outlook: By utilizing cloud-based and AI-driven solutions, BCE not only enhances customer experience but also equips businesses with the capability to compete globally, indicating the company's ongoing growth potential in future markets.

BCE Annual General Meeting Elects Directors with Strong Majority Support

3 days agoNewsfilter

Election Results: At BCE's Annual General Meeting, all proposals were approved, with Mirko Bibic elected by 98.54% of votes, reflecting strong shareholder confidence and enhancing governance stability.
Voting Participation: The voting results indicate active shareholder engagement, with Bibic receiving 353,953,313 votes against only 5,234,818 opposed, showcasing confidence in the company's future direction.
Board Composition: Newly elected directors, including Robert P. Dexter and Katherine Lee, received over 98% support, which not only reflects shareholder approval of the current board but also provides robust backing for future strategic decisions.
Strategic Direction: As Canada's largest communications company, BCE is committed to driving digital transformation through advanced fiber and wireless networks, and the election results will further solidify its market leadership and competitive edge globally.