Broadband Expansion And Digital Health Will Drive Future Value

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

10 Nov 24

Updated

04 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-14.9%

7D

-1.3%

Loading

1Y

-14.9%

7D

-1.3%

You can edit this narrative until Dec 5 5:05 PM. Then, changes will post as Updates.

Author's Valuation

CA$23.0620.7% undervalued

AnalystConsensusTarget Fair Value

Shared on 04 Dec 25

Fair value Increased 0.42%

T: Quantum-Safe Network And AI Infrastructure Will Support Long-Term Opportunity

Analysts have modestly raised their price target on TELUS to approximately $23.06 from $22.97, reflecting slightly improved profit margin expectations that more than offset a small reduction in long term revenue growth assumptions. What's in the News TELUS launched a Quantum Safe VPN service using post quantum cryptography to protect government and business clients against future quantum enabled cyber threats, integrated with its Managed Next Generation Firewall platform (Product Related Announcements).

Shared on 20 Nov 25

Fair value Decreased 1.78%

T: Rising Discount Rate Will Drive Long-Term Opportunity With New Developments

Analyst Price Target for TELUS Adjusted Slightly Lower Analysts have revised their fair value estimate for TELUS, reducing the price target from $23.38 to $22.97. This change is due to updated assumptions regarding discount rates and future profitability.

Shared on 01 May 25

Fair value Increased 2.64%

Shared on 23 Apr 25

Fair value Decreased 2.15%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 1.30%

Shared on 09 Apr 25

Fair value Decreased 0.52%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 0.22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 0.52%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 0.21%

AnalystConsensusTarget has increased revenue growth from 2.8% to 3.3% and increased future PE multiple from 16.2x to 20.0x.

AnalystConsensusTarget Fair Value

CA$23.06

20.7% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

3.21%

Telecom Services and Carriers revenue growth rate

2.19%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.19%

Calculation

CA$1.50b

Earnings '28

x

31.12x

PE Ratio '28

=

CA$46.65b

Market Cap '28

CA$46.65b

Market Cap '28

/

1.65b

No. shares '28

=

CA$28.19

Share Price '28

CA$28.19 Share Price '28

Discounted to 2025 @ 6.94% p.a.

=

CA$23.05

Fair Value '25