Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, TELUS Corporation (TU) has a Wall Street consensus price target of $22.59, based on estimates from 23 covering analysts. With the stock currently trading at $13.74, this represents a potential upside of +64.4%. The company has a market capitalization of $21.45B.
Analyst price targets range from a low of $21.50 to a high of $24.00, representing a 11% spread in expectations. The median target of $22.28 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 14 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, TU trades at a trailing P/E of 26.1x and forward P/E of 20.6x. Analysts expect EPS to grow -8.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $19.10, with bear and bull scenarios of $15.55 and $37.55 respectively. Model confidence stands at 71/100, indicating high predictability in the company's fundamentals.
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Start ComparisonThe consensus Wall Street price target for TU is $22.59, representing 64.4% upside from the current price of $13.74. With 23 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
TU has a consensus rating of "Buy" based on 23 Wall Street analysts. The rating breakdown is predominantly bullish, with 14 Buy/Strong Buy ratings. The consensus 12-month price target of $22.59 implies 64.4% upside from current levels.
TU trades at a forward P/E of 20.6275x, representing a moderate valuation. With analysts targeting $22.59 (64.4% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $24 for TU, while the most conservative target is $21.5. The consensus of $22.59 represents the median expectation. Our quantitative valuation model projects a bull case target of $38 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
TU is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month TU stock forecast based on 23 Wall Street analysts shows a consensus price target of $22.59, with estimates ranging from $21.5 (bear case) to $24 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $19, with bear/bull scenarios of $16/$38.
Our quantitative valuation model calculates TU's fair value at $19 (base case), with a bear case of $16 and bull case of $38. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 71/100.
TU trades at a forward P/E ratio of 20.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 26.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on TU, with a "Buy" consensus rating and $22.59 price target (64.4% upside). 14 of 23 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
TU analyst price targets range from $21.5 to $24, a 11% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $22.59 consensus represents the middle ground. Our model's $16-$38 range provides an independent fundamental perspective.