Is TU a good stock to buy right now?

Based on our 6-factor quantitative model, TELUS CORP (TU) receives a "Reduce" rating with a composite score of 43.0/100. It is ranked #1,987 out of 4,446 stocks. Key factor scores: Quality 34/100, Value 64/100, Momentum 33/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for TU?

TELUS CORP (TU) has a "Reduce" rating and 2-star score. The composite score of 43.0 ranks it #1,987 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is TU in?

TELUS CORP operates in the Communication Services sector (Communication industry) with a market cap of $20.25 billion. It is classified as a large-cap stock.

Does TU pay a dividend?

TU does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is TU's P/E ratio?

P/E ratio data is not currently available for TU, which may indicate the company is not yet profitable.

How profitable is TU?

TU's quality factor score is 34/100. Gross margin: 100.0%. ROE: 5.1% vs sector average 1.0%. High margins suggest pricing power and competitive moats.

How is TU valued compared to peers?

TU's value factor score is 64/100 (higher = cheaper). Key multiples: , EV/EBITDA 2.7x. The stock appears attractively valued versus peers.

What is TU's debt level?

TU's debt-to-equity ratio is 40%. Sector average: 82%. Low leverage suggests conservative financial management.

TU has a beta of 0.01, meaning it is less volatile than the market. Stability score: 91/100.

Does TU have high short interest?

TU's short interest factor score is 3/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

TU Stock Analysis: Reduce (Score 43.0/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
TU	+0.51%	-8.01%	-13.78%	-10.17%	-17.96%	-	-	-
Industry Proxy XLC	-0.28%	+2.01%	-2.92%	-3.20%	+25.91%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+0.58%	-11.61%	-14.11%	-9.81%	-47.49%	-	-	-
Alpha vs Sector	+0.79%	-10.02%	-10.85%	-6.97%	-43.87%	-	-	-

Metric	TU	Benchmark
P/E Ratio	7.5x	-71%
EV/EBITDA	2.7x	-46%
Price / Book	0.4x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
TIGO MILLICOM INTERNATIONAL CELLULAR SA	62	41	67	81	-	143.3%	42.5%	4.6%	-	884.0x	$12.9B	VS
VZ VERIZON COMMUNICATIONS INC	54	50	77	54	10.8x	17.6%	60.5%	13.7%	3.1%	282.0x	$208.3B	VS
DLX DELUXE CORP	54	50	76	69	16.4x	11.6%	53.3%	3.7%	0.4%	321.0x	$1.3B	VS
NYT NEW YORK TIMES CO	53	50	52	68	49.3x	13.6%	50.2%	10.4%	12.1%	47.0x	$13.8B	VS
BCE BCE INC	52	37	71	51	186.8x	8.8%	43.4%	1.5%	-9.3%	237.0x	$23.7B	VS
T AT&T INC.	52	50	68	46	9.9x	15.3%	62.0%	15.8%	3.1%	107.0x	$197.7B	VS
MSGE Madison Square Garden Entertainment Corp.	51	50	59	67	48.3x	166.0%	40.3%	-1.0%	101.4%	1,540.0x	$2.7B	VS
ADEA Adeia Inc.	50	50	61	67	51.2x	11.8%	100.0%	16.4%	-0.0%	87.0x	$2.8B	VS
CDRO Codere Online Luxembourg, S.A.	50	46	53	61	-	65.0%	90.7%	1.9%	12.7%	0.0x	$389M	VS
TGNA TEGNA INC	50	50	67	46	10.4x	9.8%	38.3%	10.6%	-8.4%	80.0x	$3.2B	VS
TU TELUS CORP	43	34	64	33	-	5.1%	100.0%	7.4%	-	40.0x	$20.2B

Key Ratio	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	1.0%	1.0%	0.3%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.3%
Operating Margin %	0.1%	0.1%	0.1%	0.1%	0.2%	0.1%	0.2%	0.2%	0.2%	0.1%
EBITDA Margin %	0.4%	0.4%	0.3%	0.4%	0.4%	0.4%	0.4%	0.0%	0.4%	0.3%
Net Margin %	0.1%	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
FCF Margin %	-5.5%	-5.5%	-3.4%	255.4%	-16.8%	-57.3%	-181.1%	165.6%	-4.1%	-
ROE %	0.1%	0.0%	0.0%	0.0%	0.1%	0.1%	0.0%	-	0.0%	0.0%
ROA %	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-	0.1%	0.0%
ROIC %	1.0%	1.0%	0.9%	1.9%	3.5%	3.1%	2.7%	-	3.4%	2.7%

Key Ratio

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

1.0%

0.3%

0.4%

0.3%

Operating Margin %

0.1%

0.2%

0.1%

0.2%

0.1%

EBITDA Margin %

0.4%

0.3%

0.4%

0.0%

0.4%

0.3%

Net Margin %

0.1%

0.0%

0.1%

FCF Margin %

-5.5%

-3.4%

255.4%

-16.8%

-57.3%

-181.1%

165.6%

-4.1%

ROE %

0.1%

0.0%

0.1%

0.0%

ROA %

0.1%

0.0%

0.1%

0.0%

ROIC %

1.0%

0.9%

1.9%

3.5%

3.1%

2.7%

3.4%

2.7%

Line Item	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
	$8.9B	$8.9B	$13.3B	$11.9B	$11.7B	$10.5B	$9.6B	$8.9B	$9.1B	$9.0B
	$8.9B	$8.9B	$3.9B	$4.3B	$4.3B	$3.7B	$3.7B	$3.3B	$3.4B	$2.8B
Gross Margin	100.0%	100.0%	29.3%	35.9%	36.7%	35.3%	38.7%	36.6%	37.9%	30.7%
	—	$2.8B	$3.1B	$2.6B	$2.5B	$2.4B	$2.0B	$1.7B	$1.7B	$1.5B
	$868M	$868M	$825M	$1.7B	$1.8B	$1.3B	$1.7B	$1.6B	$1.7B	$1.2B
EBIT	$868M	$868M	$825M	$1.7B	$1.8B	$1.3B	$1.7B	$1.6B	$1.7B	$1.2B
EBITDA	$3.7B	$3.7B	$3.9B	$4.3B	$4.3B	$3.7B	$3.7B	$0	$3.4B	$2.8B
Operating Margin	9.8%	9.8%	6.2%	14.4%	15.2%	12.8%	18.0%	17.9%	19.0%	13.8%
EBITDA Margin	41.3%	41.3%	29.2%	36.0%	37.1%	35.4%	38.8%	0.0%	37.8%	30.7%
	—	$201M	$168M	$446M	$454M	$354M	$361M	$404M	$469M	$317M
	$651M	$651M	$657M	$1.3B	$1.3B	$988M	$1.4B	$1.2B	$1.3B	$920M
Net Margin	7.3%	7.3%	4.9%	10.7%	11.3%	9.4%	14.2%	13.4%	13.8%	10.2%

Line Item

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

$8.9B

$13.3B

$11.9B

$11.7B

$10.5B

$9.6B

$8.9B

$9.1B

$9.0B

$8.9B

$3.9B

$4.3B

$3.7B

$3.3B

$3.4B

$2.8B

Gross Margin

100.0%

29.3%

35.9%

36.7%

35.3%

38.7%

36.6%

37.9%

30.7%

—

$2.8B

$3.1B

$2.6B

$2.5B

$2.4B

$2.0B

$1.7B

$1.5B

$868M

$825M

$1.7B

$1.8B

$1.3B

$1.7B

$1.6B

$1.7B

$1.2B

EBIT

$868M

$825M

$1.7B

$1.8B

$1.3B

$1.7B

$1.6B

$1.7B

$1.2B

EBITDA

$3.7B

$3.9B

$4.3B

$3.7B

$3.4B

$2.8B

Operating Margin

9.8%

6.2%

14.4%

15.2%

12.8%

18.0%

17.9%

19.0%

13.8%

EBITDA Margin

41.3%

29.2%

36.0%

37.1%

35.4%

38.8%

0.0%

37.8%

30.7%

—

$201M

$168M

$446M

$454M

$354M

$361M

$404M

$469M

$317M

$651M

$657M

$1.3B

$988M

$1.4B

$1.2B

$1.3B

$920M

Net Margin

7.3%

4.9%

10.7%

11.3%

9.4%

14.2%

13.4%

13.8%

10.2%

TELUS CORP (TU) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does TELUS CORP Do?

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network revenue; equipment sales from mobile technologies; data services revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; customer care and business services; healthcare solutions; and home and business security, agriculture, voice, and other telecommunications services. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. It has 16.9 million subscriber connections, which include 9.3 million mobile phone subscribers; 2.1 million connected device subscribers; 2.3 million internet subscribers; 1.1 million residential voice subscribers; 1.3 million TV subscribers; and 804,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada. TELUS CORP (TU) is classified as a large-cap stock in the Communication Services sector, specifically within the Communication industry. The company is led by CEO Darren Entwistle and employs approximately 108,500 people, headquartered in Vancouver, British Columbia. With a market capitalization of $20.2B, TU is one of the prominent companies in the Communication Services sector.

TELUS CORP (TU) Stock Rating — Reduce (April 2026)

As of April 2026, TELUS CORP receives a Reduce rating with a composite score of 43.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TU ranks #1,987 out of 4,446 stocks in our coverage universe. Within the Communication Services sector, TELUS CORP ranks #59 of 134 stocks, placing it in the upper half of its Communication Services peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TU Stock Price and 52-Week Range

TELUS CORP (TU) currently trades at $11.83. The stock gained $0.06 (0.5%) in the most recent trading session. The 52-week high for TU is $16.73, which means the stock is currently trading -29.3% from its annual peak. The 52-week low is $12.54, putting the stock -5.7% above its annual trough. Recent trading volume was 8.3M shares, reflecting moderate market activity.

Is TU Overvalued or Undervalued? — Valuation Analysis

TELUS CORP (TU) carries a value factor score of 64/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 0.38x, versus the sector average of 1.87x. The price-to-sales ratio is 0.55x, compared to 0.55x for the average Communication Services stock. On an enterprise value basis, TU trades at 2.71x EV/EBITDA, versus 4.98x for the sector.

Overall, TU's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

TELUS CORP Profitability — ROE, Margins, and Quality Score

TELUS CORP (TU) earns a quality factor score of 34/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 5.1%, compared to the Communication Services sector average of 1.0%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 6.5% versus the sector average of -0.0%.

On a margin basis, TELUS CORP reports gross margins of 100.0%, compared to 56.4% for the sector. The operating margin is 9.8% (sector: 0.4%). Net profit margin stands at 7.3%, versus -0.9% for the average Communication Services stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

TU Debt, Balance Sheet, and Financial Health

TELUS CORP has a debt-to-equity ratio of 40.0%, compared to the Communication Services sector average of 82.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $20.68B. Cash and equivalents stand at $603M.

TU has a beta of 0.01, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for TELUS CORP is 91/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

TELUS CORP Revenue and Earnings History — Quarterly Trend

In TTM 2026, TELUS CORP reported revenue of $8.86B. Net income for the quarter was $651M. Gross margin was 100.0%. Operating income came in at $868M.

In FY 2024, TELUS CORP reported revenue of $8.86B. Net income for the quarter was $651M. Gross margin was 100.0%. Revenue grew -33.6% year-over-year compared to FY 2023. Operating income came in at $868M.

In FY 2023, TELUS CORP reported revenue of $13.35B. Net income for the quarter was $657M. Gross margin was 29.3%. Revenue grew 12.3% year-over-year compared to FY 2022. Operating income came in at $825M.

In FY 2022, TELUS CORP reported revenue of $11.88B. Net income for the quarter was $1.27B. Gross margin was 35.9%. Revenue grew 1.5% year-over-year compared to FY 2021. Operating income came in at $1.72B.

Over the past 8 quarters, TELUS CORP has experienced revenue contraction from $8.91B to $8.86B. Investors analyzing TU stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

TU Dividend Yield and Income Analysis

TELUS CORP (TU) does not currently pay a dividend. This is common among growth-oriented companies in the Communication industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Communication Services dividend stocks may want to explore other Communication Services stocks or use the stock screener to filter by dividend yield.

TU Momentum and Technical Analysis Profile

TELUS CORP (TU) has a momentum factor score of 33/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 56/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 3/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

TU vs Competitors — Communication Services Sector Ranking and Peer Comparison

Within the Communication Services sector, TELUS CORP (TU) ranks #59 out of 134 stocks based on the Blank Capital composite score. This places TU in the upper half of all Communication Services stocks in our coverage universe. Key competitors and sector peers include MILLICOM INTERNATIONAL CELLULAR SA (TIGO) with a score of 61.6/100, TEGNA INC (TGNA) with a score of 49.6/100, VERIZON COMMUNICATIONS INC (VZ) with a score of 54.2/100, DELUXE CORP (DLX) with a score of 53.8/100, and NEW YORK TIMES CO (NYT) with a score of 53.2/100.

Comparing TU against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TU vs S&P 500 (SPY) comparison to assess how TELUS CORP stacks up against the broader market across all factor dimensions.

TU Next Earnings Date

No upcoming earnings date has been announced for TELUS CORP (TU) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TU? — Investment Thesis Summary

The quantitative profile for TELUS CORP suggests caution. The quality score of 34/100 flags below-average profitability. The value score of 64/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 33/100, a headwind for near-term performance. Low volatility (stability score 91/100) reduces downside risk.

In summary, TELUS CORP (TU) earns a Reduce rating with a composite score of 43.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TU stock.

Related Resources for TU Investors

Explore more research and tools: TU vs S&P 500 comparison, top Communication Services stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TU head-to-head with peers: TU vs TIGO, TU vs TGNA, TU vs VZ.

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TELUS CORP (TU) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does TELUS CORP Do?

TELUS CORP (TU) Stock Rating — Reduce (April 2026)

TU Stock Price and 52-Week Range

Is TU Overvalued or Undervalued? — Valuation Analysis

TELUS CORP Profitability — ROE, Margins, and Quality Score

TU Debt, Balance Sheet, and Financial Health

TELUS CORP Revenue and Earnings History — Quarterly Trend

TU Dividend Yield and Income Analysis

TU Momentum and Technical Analysis Profile

TU vs Competitors — Communication Services Sector Ranking and Peer Comparison

TU Next Earnings Date

Should You Buy TU? — Investment Thesis Summary

Related Resources for TU Investors

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