BCE

BCE Inc

Add to Watchlist

Advanced Chart

25.720

-0.02(-0.078%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

25.780

Open

25.690

VWAP

25.66

Vol

3.29M

Mkt Cap

23.98B

Low

25.480

Amount

84.40M

EV/EBITDA(TTM)

7.01

Total Shares

912.28M

74.05B

EV/OCF(TTM)

10.23

P/S(TTM)

1.34

BCE Inc. is a Canada-based communications company, providing advanced Bell broadband Internet, wireless, 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's products and services include varied and extensive array of video content to broadcast distributors across Canada, advertising, Crave and TSN, TSN+, and RDS streaming services.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

6.15B

+3.08%

0.704

-27.24%

6.47B

+0.77%

0.649

-17.82%

6.28B

+5.91%

0.662

-4.09%

Estimates Revision

The market is revising Upward the revenue expectations for BCE Inc. (BCE) for FY2025, with the revenue forecasts being adjusted by 1.96% over the past three months. During the same period, the stock price has changed by 19.80%.

Revenue Estimates for FY2025

Revise Upward

+1.96%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-2.38%

In Past 3 Month

Stock Price

Go Up

+19.80%

In Past 3 Month

10 Analyst Rating

-3.65% Downside

Wall Street analysts forecast BCE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BCE is 24.78 USD with a low forecast of 21.05 USD and a high forecast of 29.04 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

5 Hold

2 Sell

Hold

-3.65% Downside

Current: 25.720

Low

21.05

Averages

24.78

High

29.04

-3.65% Downside

Current: 25.720

Low

21.05

Averages

24.78

High

29.04

National Bank

NULL -> Outperform

maintain

$35 -> $38

2025-08-15

Reason

National Bank

Price Target

$35 -> $38

2025-08-15

maintain

NULL -> Outperform

Reason

National Bank raised the firm's price target on BCE to C$38 from C$35 and keeps an Outperform rating on the shares.

JPMorgan

Underweight -> Neutral

upgrade

$29 -> $33

2025-08-11

Reason

JPMorgan

Price Target

$29 -> $33

2025-08-11

upgrade

Underweight -> Neutral

Reason

JPMorgan upgraded BCE to Neutral from Underweight with a price target of C$33, up from C$29, post the Q2 report. The company reduced its 2025 legacy EBITDA guidance but JPMorgan upped BCE's long-term consolidated estimates to reflect the closing of the Ziply deal. The firm believes the deal will improve the company's long-term growth profile.

TD Securities

Hold

maintain

$33 -> $35

2025-08-08

Reason

TD Securities

Price Target

$33 -> $35

2025-08-08

maintain

Hold

Reason

TD Securities raised the firm's price target on BCE to C$35 from C$33 and keeps a Hold rating on the shares.

Desjardins

Hold

Buy

upgrade

$40

2025-08-05

Reason

Desjardins

Price Target

$40

2025-08-05

upgrade

Hold

Buy

Reason

Desjardins upgraded BCE to Buy from Hold with a C$40 price target.

BMO Capital

Tim Casey

Market Perform

downgrade

$51 -> $35

2025-08-05

Reason

BMO Capital

Tim Casey

Price Target

$51 -> $35

2025-08-05

downgrade

Market Perform

Reason

BMO Capital analyst Tim Casey resumed coverage of BCE with a Market Perform rating with a price target of C$35, down from C$51, following the completion of the ~C$7.6B Ziply Fiber transaction. The firm expects revenue will \"contract modestly in 2025 and 2026 on an organic basis before contributions from Ziply.\" In 2026, BMO expects contributions from Ziply will \"generate ~2% growth on a consolidated EBITDA basis but net earnings will decline on higher interest and D&A costs.\" The firm also sees free cash flow remaining relatively flat and leverage remaining elevated.

Scotiabank

NULL -> Outperform

maintain

$39

2025-07-15

Reason

Scotiabank

Price Target

$39

2025-07-15

maintain

NULL -> Outperform

Reason

Scotiabank raised the firm's price target on BCE to C$39.50 from C$39 and keeps an Outperform rating on the shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for BCE Inc (BCE.N) is 13.15, compared to its 5-year average forward P/E of 17.14. For a more detailed relative valuation and DCF analysis to assess BCE Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

17.14

Current PE

13.15

Overvalued PE

19.80

Undervalued PE

14.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

8.19

Current EV/EBITDA

6.70

Overvalued EV/EBITDA

8.95

Undervalued EV/EBITDA

7.43

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

2.03

Current PS

1.31

Overvalued PS

2.44

Undervalued PS

1.61