Should You Buy Telus Corp (TU) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
13.900
1 Day change
-0.07%
52 Week Range
16.730
Analysis Updated At
2026/01/26
Telus Corp (TU) is not a strong buy for a beginner investor with a long-term strategy at this moment. While the company shows some positive financial growth in net income, the lack of strong technical or proprietary trading signals, mixed analyst ratings, and concerns about dividend sustainability suggest a cautious approach. Holding the stock may be more prudent until clearer positive catalysts emerge.
Technical Analysis
The MACD is positive and expanding, indicating a bullish trend. RSI is at 75.61, which is neutral but nearing overbought levels. Moving averages are converging, suggesting no clear directional trend. The stock is trading near its resistance levels (R1: 13.786, R2: 13.932), which could limit immediate upside potential.
Options Data
Bullish
Open Interest Put-Call Ratio
Bearish
Option Volume Put-Call Ratio
Technical Summary
Sell
4
Buy
7
Positive Catalysts
Net income increased significantly by 76.07% YoY in Q3 2025, indicating improved profitability. The MACD and pre-market price increase suggest short-term bullish momentum.
Neutral/Negative Catalysts
Dividend sustainability concerns raised by JPMorgan, coupled with a downgrade to Underweight. EPS dropped to 0, down 100% YoY, and gross margin slightly declined. Analysts' price targets have been lowered, and there is no significant hedge fund or insider activity. No recent news or congress trading data to support a positive sentiment.
Financial Performance
In Q3 2025, revenue grew marginally by 0.50% YoY to $5.067 billion. Net income surged by 76.07% YoY to $493 million, but EPS dropped to 0, down 100% YoY. Gross margin slightly declined to 44.03%, down 0.54% YoY, reflecting some operational challenges.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Mixed ratings with one upgrade (National Bank to Outperform with a C$21 target) and multiple downgrades (JPMorgan to Underweight with a C$19 target, Veritas to Sell, and Barclays lowering the price target to $14). Analysts express concerns about dividend sustainability and capital allocation.
Wall Street analysts forecast TU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TU is 14.96 USD with a low forecast of 13.71 USD and a high forecast of 18.04 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.
10 Analyst Rating
Wall Street analysts forecast TU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TU is 14.96 USD with a low forecast of 13.71 USD and a high forecast of 18.04 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.
4 Buy
4 Hold
2 Sell
Hold
Current: 13.910
Low
13.71
Averages
14.96
High
18.04
Current: 13.910
Low
13.71
Averages
14.96
High
18.04
National Bank
Sector Perform -> Outperform
upgrade
$21
AI Analysis
2025-11-18
Reason
National Bank
Price Target
$21
AI Analysis
2025-11-18
upgrade
Sector Perform -> Outperform
Reason
National Bank upgraded Telus to Outperform from Sector Perform with a C$21 price target.
JPMorgan
Neutral -> Underweight
downgrade
$22 -> $19
2025-11-18
Reason
JPMorgan
Price Target
$22 -> $19
2025-11-18
downgrade
Neutral -> Underweight
Reason
JPMorgan downgraded Telus to Underweight from Neutral with a price target of C$19, down from C$22. The company's dividend growth looks unsustainable, the analyst tells investors in a research note. The firm cites capital allocation questions and Telus' elevated payout ratio for the downgrade.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for TU
