Key statistics
Previous close$10.59
Open$10.66
Day high$10.70
Day low$10.30
52-week high$16.74
52-week low$10.08
Market cap16.24B
Volume6.21M
Average volume5.64M
P/E ratio16.00
Forward P/E—
EPS0.65
Dividend yield+11.48%
Market context
Why it moved
TELUS shares declined as the stock continues to trade near its 52-week low, weighed down by persistent selling pressure, with the stock remaining below both its 50-day and 200-day moving averages despite a recent modest earnings beat, as analysts maintain a consensus "Hold" rating on the Canadian telecom.
What is happening
Recent company-specific developments and publisher coverage.
July 18, 2026Telus shares closed down nearly 2%, hovering near their 52-week low, as a wave of analyst price target cuts weighed on sentiment. Barclays slashed its target from C$19 to C$17, Raymond James initiated coverage at Market Perform with a C$18.50 target, and Desjardins trimmed its target to C$19—though all still imply meaningful upside from current levels. The broader communication services sector also fell roughly 2.9% on the session, pressured by Netflix's post-earnings selloff, adding macro headwinds to Telus's already cautious analyst backdrop.-1.7941
July 17, 2026Telus shares edged higher on above-average volume, closing up roughly 1% amid a flurry of analyst activity that underscored a cautious but not bearish outlook. Barclays cut its USD price target to $12 (from $14) and lowered its CAD target to C$17 (from C$19) while maintaining an Equal-Weight rating, and Raymond James initiated coverage at Market Perform with a C$18.50 target — both implying meaningful upside from current levels even after target reductions. Desjardins maintained its Buy rating, and the stock appeared on Benzinga's list of oversold telecom names with RSI near 30, suggesting some investors see a contrarian opportunity near 52-week lows.1.0496
July 16, 2026Telus closed modestly higher, edging up amid a cautious analyst backdrop as Desjardins cut its price target to C$19 (from C$21) and J.P. Morgan maintained a Sell rating — headwinds that reflect broader sector pressure from SpaceX's Starlink disrupting terrestrial telecom outlooks. Despite the analyst caution, Telus was recently flagged as an oversold opportunity with RSI near 30, and communication services stocks are broadly viewed as undervalued heading into Q3, with Wall Street consensus favoring the sector to outperform the S&P 500.0.3831
July 15, 2026Telus Corp closed modestly lower as a J.P. Morgan analyst maintained a Sell rating on the stock, adding to cautious sentiment around the Canadian telecom. The bearish analyst stance comes alongside a Benzinga report flagging Telus as among the most oversold telecom stocks heading into Q3, with its RSI near 30, while a recent peer comparison shows Telus trading at a premium P/E of ~24x versus sector peers, despite negative revenue growth of -0.58% — a combination that continues to weigh on investor confidence.-0.9488
July 14, 2026TELUS Corp closed modestly higher, recovering from near 12-month lows as investors weigh mixed analyst signals and a recent Q1 earnings beat against ongoing valuation concerns. Royal Bank of Canada cut its price target to C$20 (from C$22) while maintaining an Outperform rating, and Canaccord Genuity lowered its target to C$15.50 with a Hold, reflecting cautious sentiment around the stock's weak revenue growth (-0.58%) and elevated P/E relative to telecom peers. Meanwhile, Benzinga flagged TU as technically oversold with an RSI near 30, a potential contrarian signal for Q3.1.1516
July 11, 2026Telus closed essentially unchanged amid a wave of analyst price target cuts, with Canaccord Genuity lowering its target to C$15.50 from C$16.75, Royal Bank of Canada cutting to C$20.00 from C$22.00 (maintaining 'outperform'), and Scotia Capital trimming to C$19.00. Investor focus remains on the recent CEO transition to Victor Dodig and whether new leadership can deliver capital discipline and debt reduction. The company's participation in a new Canadian AI Consortium with Scotiabank and Sun Life offers a longer-term strategic angle, while broader telecom sector headwinds — including Starlink competitive pressure — continue to weigh on sentiment.0.0961
July 8, 2026Telus rose over 2% as investors responded to a pair of company-specific catalysts: the formal start of Victor Dodig's tenure as CEO on July 1, marking the end of Darren Entwistle's 26-year run, and the launch of a new AI Consortium alongside Scotiabank, Sun Life, and Lightworks to build enterprise AI governance infrastructure. Scotiabank trimmed its price target to $13.37 (from $14.09) while maintaining a Hold, yet analysts broadly see significant recovery potential if the new leadership delivers on capital discipline and debt reduction — with consensus targets implying over 70% upside.2.0548
July 7, 2026TELUS closed modestly higher, though shares remain near 52-week lows as investors weigh a complex backdrop: an elevated ~11.6% dividend yield that signals market skepticism over payout sustainability, a recent CEO transition to Victor Dodig, and heavy debt load amid slow telecom growth. On the positive side, Q1 2026 free cash flow rose 19% to C$583M, and sovereign AI factory buildouts offer a potential re-rating catalyst. BMO Capital maintained a Hold rating, short interest remains elevated, and the Communication Services sector outperformed, gaining 2.4% on the session.0.2944
Seeking Alpha · May 14, 2026TELUS Offers Value With AI And Fiber Tailwinds (NYSE:TU)↗PR Newswire · May 8, 2026TELUS reports operational and financial results for first quarter 2026↗Stock Titan · May 8, 2026TELUS adds 262,000 customers as cash flow rises and AI site sells out↗PR Newswire · February 12, 2026TELUS reports strong and industry leading operational and financial results for the fourth quarter and full year 2025; establishes compelling and industry-best 2026 financial targets↗ Benzinga · July 16, 2026Barclays Maintains Equal-Weight on TELUS, Lowers Price Target to C$17Benzinga · July 16, 2026Barclays Maintains Equal-Weight on TELUS, Lowers Price Target to $12Mt Newswire · July 7, 2026TELUS, Lightworks, Scotiabank, Sun Life Launch AI Consortium to Build Enterprise AI Control SystemsMt Newswire · July 7, 2026Scotiabank, Sun Life, and Telus Launch AI Consortium With Privately-Held LightworksMt Newswire · June 22, 2026Telus Digital, ElevenLabs Collaborate on Voice AI for Enterprise CustomersMt Newswire · June 15, 2026TELUS' TELUS Digital and Cresta Partner to Deliver AI Agents and Augment Human Agents to Elevate Customer ExperienceMt Newswire · June 15, 2026TELUS Digital and Cresta Partnering on AIMt Newswire · May 21, 2026Telus to Invest $17.41 Billion in Ontario, $5.8 Billion in Quebec
