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TELUS CorporationTSX:T Stock Report

Market Cap CA$27.0b
Share Price
CA$17.18
CA$20.28
15.3% undervalued intrinsic discount
1Y-23.1%
7D-1.0%
1D
Portfolio Value
View

TELUS Corporation

TSX:T Stock Report

Market Cap: CA$27.0b

T Community Fair Values

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See what 258 others think this stock is worth. Follow their fair value or set your own to get alerts.

TELUS Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for TELUS
Historical stock prices
Current Share PriceCA$17.18
52 Week HighCA$23.18
52 Week LowCA$16.18
Beta0.73
1 Month Change-1.60%
3 Month Change-7.73%
1 Year Change-23.10%
3 Year Change-32.60%
5 Year Change-37.84%
Change since IPO58.89%

Recent News & Updates

Narrative Update Jun 05

T: AI Safety Investments And Infrastructure Expansion Will Support Future Upside Potential

Analysts now see TELUS's fair value at about CA$20.28, slightly below the previous CA$20.65. The new estimate reflects updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations.

Recent updates

Narrative Update Jun 05

T: AI Safety Investments And Infrastructure Expansion Will Support Future Upside Potential

Analysts now see TELUS's fair value at about CA$20.28, slightly below the previous CA$20.65. The new estimate reflects updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations.
Narrative Update May 09

T: New Spectrum And AI Alliances Will Drive Future Upside Potential

Analysts have modestly adjusted their CA$ fair value estimate for TELUS to CA$20.65 from CA$20.59, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News CEO transition set for 2026, with long-serving CEO Darren Entwistle retiring on June 30, 2026, and Victor Dodig, currently an independent director and former CIBC CEO, appointed CEO Designate and scheduled to take over on July 1, 2026 (Executive Changes).
Narrative Update Apr 22

T: Space Connectivity And 5G Spectrum Expansion Will Drive Future Upside Potential

Analysts now set a slightly lower TELUS price target of CA$20.59, down from CA$21.00, citing modest adjustments to fair value assumptions, discount rate, revenue growth, profit margin, and future P/E estimates. What's in the News CEO transition planned, with long-time Chief Executive Darren Entwistle set to retire on June 30, 2026, and Board member Victor Dodig, former CIBC President and CEO, appointed CEO Designate and scheduled to assume the role on July 1, 2026, following a multiyear succession process (Executive changes).
Narrative Update Apr 08

T: Quantum And Space Connectivity Will Drive Future Upside Potential

Analysts now set their average TELUS price target at roughly CA$21.00, slightly below the prior fair value estimate of about CA$21.38. This reflects updated views on discount rate, revenue growth, profit margins and future P/E assumptions.
Narrative Update Mar 24

T: Quantum And Space Connectivity Will Drive Future Upside Potential

Analysts now set TELUS's fair value estimate at CA$21.38, compared with CA$21.26 previously, reflecting updated assumptions for the discount rate, modest revenue growth, profit margin and future P/E levels. What's in the News TELUS launched the SmartHome Assistant, described as the world's first smart home AI assistant with Generative UI, designed to unify more than 2,000 device models into a single interface for SmartHome+ customers across Canada (Product-Related Announcements).
Narrative Update Mar 09

T: Quantum Networking And Space Connectivity Will Support Future Upside Potential

Analysts have slightly reduced their fair value estimate for TELUS, with the implied price target moving from about CA$21.44 to roughly CA$21.26 as they refresh their assumptions on discount rates, long term revenue growth, profit margins, and forward P/E expectations. What's in the News TELUS plans to partner with AST SpaceMobile to offer space based cellular broadband across remote parts of Canada.
Narrative Update Feb 22

T: Share Buybacks And Quantum Secure Networking Will Support Future Upside Potential

Analysts have trimmed their TELUS price target slightly from CA$21.71 to CA$21.44. This reflects updated views that combine more cautious revenue growth expectations with a stronger profit margin profile and a lower assumed future P/E multiple.
Narrative Update Feb 08

T: Share Buybacks And Quantum Safe Security Will Support Future Upside Potential

Analysts have kept their fair value estimate for TELUS steady at $21.71, with only minor tweaks to inputs such as the discount rate, revenue growth, profit margin, and future P/E that reflect modest refinements to their models rather than a change in overall view. What's in the News TELUS launched a share repurchase program authorizing the purchase of up to 28,000,000 shares, or 1.81% of shares outstanding, for a total of $500 million.
Narrative Update Jan 24

T: Quantum-Safe Security And Share Buybacks Will Support Future Upside Potential

Analysts have slightly trimmed their TELUS fair value estimate from $22.00 to about $21.71, reflecting modest tweaks to discount rate assumptions, revenue growth expectations, profit margin outlook, and future P/E inputs. What's in the News kini mobile partnered with TELUS to launch Made for Pinoys 5G prepaid plans, offering Filipino-Canadians one plan with both Philippine and Canadian numbers, international calling and texting, GCash cashbacks, and Pinoy customer support on TELUS' 5G network.
Narrative Update Jan 10

T: Quantum-Safe Network Rollout And Buybacks Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for TELUS slightly from about $22.21 to $22.00. This reflects small adjustments to assumptions on discount rate, revenue growth, profit margins and future P/E multiples.
Narrative Update Dec 18

T: Quantum-Safe Network And AI Infrastructure Will Drive Future Upside Potential

Analysts have modestly reduced their price target on TELUS, trimming fair value by about $0.86 per share as slightly higher discount rates and marginally softer long term growth and margin assumptions temper the company’s forward valuation multiple. What's in the News The board has authorized a new normal course issuer bid allowing TELUS to repurchase up to 28 million shares (about 1.81% of shares outstanding) for approximately CAD 500 million by December 16, 2026, with all repurchased shares to be cancelled (share repurchase program).
Narrative Update Dec 04

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).
Narrative Update Nov 20

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.
Analysis Article Nov 10

TELUS (TSE:T) Is Paying Out A Larger Dividend Than Last Year

TELUS Corporation ( TSE:T ) has announced that it will be increasing its dividend from last year's comparable payment...
Analysis Article Aug 08

Statutory Profit Doesn't Reflect How Good TELUS' (TSE:T) Earnings Are

TSX:T 1 Year Share Price vs Fair Value Explore TELUS's Fair Values from the Community and select yours The subdued...
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New Narrative Nov 10

Calculated Innovation And 5G Integration Poised To Propel Future Revenue Growth

Strategic emphasis on customer expansion and digital transformation enhances margins, boosts lifetime value, and decreases churn through PureFibre and broadband networks.

Shareholder Returns

TCA TelecomCA Market
7D-1.0%-0.8%-0.6%
1Y-23.1%2.5%30.5%

Return vs Industry: T underperformed the Canadian Telecom industry which returned 2.5% over the past year.

Return vs Market: T underperformed the Canadian Market which returned 30.5% over the past year.

Price Volatility

Is T's price volatile compared to industry and market?
T volatility
T Average Weekly Movement2.9%
Telecom Industry Average Movement3.9%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.8%

Stable Share Price: T has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: T's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998111,500Darren Entwistlewww.telus.com

TELUS Corporation, together with its subsidiaries, operates as a telecommunications company in Canada and internationally. It operates through TELUS Technology Solutions, TELUS Health, and TELUS Digital Experience segments. The company offer technology solutions comprising mobile and fixed voice and data telecommunications services and products; and agriculture and consumer goods services, such as software, data management and data analytics-driven smart-food chain, and consumer goods technologies, as well as sells mobile technologies equipment.

TELUS Corporation Fundamentals Summary

How do TELUS's earnings and revenue compare to its market cap?
T fundamental statistics
Market capCA$27.04b
Earnings (TTM)CA$928.00m
Revenue (TTM)CA$20.32b
29.1x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
T income statement (TTM)
RevenueCA$20.32b
Cost of RevenueCA$13.25b
Gross ProfitCA$7.06b
Other ExpensesCA$6.14b
EarningsCA$928.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin34.76%
Net Profit Margin4.57%
Debt/Equity Ratio173.6%

How did T perform over the long term?

See historical performance and comparison

Dividends

9.7%
Current Dividend Yield
278%
Payout Ratio

Does T pay a reliable dividends?

See T dividend history and benchmarks
When do you need to buy T by to receive an upcoming dividend?
TELUS dividend dates
Ex Dividend DateJun 10 2026
Dividend Pay DateJul 02 2026
Days until Ex dividend2 days
Days until Dividend pay date24 days

Does T pay a reliable dividends?

See T dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 11:10
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TELUS Corporation is covered by 30 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amman SaeedAccountability Research Corporation
David McFadgenATB Cormark
Phillip HuangBarclays