17 analysts set a Reduce consensus for TELUS stock before Q3 results

Published on 10/27/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TELUS cut 2026 free cash flow guidance to CAD 1.8 billion from CAD 2.45 billion. TELUS stock costs EUR 7.85 on October 27, 2026.

Analyst consensus before results

Seventeen research firms carried a Reduce consensus in a MarketBeat report dated October 26, 2026.
TELUS cut 2026 free cash flow guidance to CAD 1.8 billion from CAD 2.45 billion.
TELUS stock traded at EUR 7.85 at 1:12 p.m. CET at Lang & Schwarz on October 27, 2026.

TELUS, CA87971M1032, Illustration mit AI erstellt.

TELUS stock (ISIN CA87971M1032) was trading at EUR 7.85 at Lang & Schwarz on October 27, 2026 at 1:12 p.m. CET, while 17 research firms carried a Reduce consensus in an October 26 report from MarketBeat. The next results will test whether the company's debt-reduction plan can offset weaker near-term earnings.

Cash flow reset defines the story

TELUS lowered its 2026 free cash flow guidance to CAD 1.8 billion from CAD 2.45 billion. The company also raised capital expenditure guidance to CAD 2.6 billion from CAD 2.3 billion, according to The Globe and Mail. That combination makes cash conversion and leverage the central operating questions for the next report.

The second-quarter 2026 figures showed operating revenues and other income of CAD 4,929 million, down 3 percent year over year, while adjusted EBITDA fell 2 percent to CAD 1,777 million. Mobile phone net additions fell to 17,000 from 55,000 in the year-earlier quarter, reinforcing the pressure on the consumer business.

What does deleveraging mean for returns?

TELUS reset its quarterly dividend to CAD 0.1875 per share, a 55 percent reduction from CAD 0.42, with the October 1, 2026 payment marking the new policy. The change is intended to generate CAD 2.7 billion in cumulative cash savings through 2028 for debt reduction, while net debt stood at 3.5 times adjusted EBITDA after the second quarter, according to The Globe and Mail.

Three dates show the reset

On July 31, 2026, TELUS reported second-quarter adjusted earnings of CAD 0.16 per share, down 27 percent year over year, according to The Globe and Mail. On October 1, 2026, the company paid the reset CAD 0.1875 dividend, as reported by MarketBeat. On October 26, 2026, the same outlet reported a Reduce consensus from 17 firms.

Results date comes next

TELUS is scheduled to release third-quarter 2026 results between November 6 and November 10, 2026, according to Yahoo Finance. Investors will have a fresh test of free cash flow, capital spending and the 3.5-times leverage ratio.

Stock price and balance sheet

TELUS had a market capitalization of CAD 19.2 billion and a 52-week range of CAD 10.89 to CAD 21.05 as of October 26, 2026. The Canadian company provides wireless, internet, fiber and digital services, with the TSX as its primary exchange. Its investment case now rests on turning the dividend reduction and planned savings into measurable debt progress.

The stock was trading at EUR 7.85 at Lang & Schwarz on October 27, 2026 at 1:12 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of TELUS stock.