Wall Street analyst estimates for BCE Inc. (BCE): consensus price target and buy/hold/sell recommendations.
BCE Inc. stands as a prominent Canadian telecommunications and media conglomerate, delivering a comprehensive suite of wireless, landline, internet, and television services to households, enterprises, and wholesale partners across the nation. The company's activities are strategically divided across three core divisions: Bell Wireless, Bell Wireline, and Bell Media.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 7 |
| Hold | 13 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 21 |
| Avg rating (−2 sell to +2 buy) | 0.29 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $0.49 | ||
| 2026-08-06 | $0.47 | $0.46 | +2.2% |
| 2026-05-07 | $0.46 | $0.42 | +9.5% |
| 2026-02-05 | $0.49 | $0.45 | +8.9% |
| 2025-11-06 | $0.57 | $0.52 | +9.6% |
| 2025-08-07 | $0.46 | $0.52 | -11.5% |
| 2025-05-08 | $0.48 | $0.44 | +9.1% |
| 2025-02-13 | $0.56 | $0.52 | +7.7% |
Valuation Ratios
| P/E Ratio | 4.57 |
| Price / Book | 1.20 |
| Dividend Yield | 5.68% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.72B CAD | 22.72B CAD | 23.47B CAD | 18.35B CAD | 22.88B CAD | 23.45B CAD | 24.17B CAD | 24.67B CAD | 24.41B CAD | 24.47B CAD |
| Cost of Revenue | 6.71B CAD | 13.15B CAD | 13.65B CAD | 12.50B CAD | 6.97B CAD | 7.28B CAD | 7.64B CAD | 17.25B CAD | 7.71B CAD | 7.72B CAD |
| Gross Profit | 15.01B CAD | 9.57B CAD | 9.82B CAD | 5.85B CAD | 15.92B CAD | 16.16B CAD | 16.53B CAD | 7.42B CAD | 16.70B CAD | 16.75B CAD |
| Research & Development | 147.0M CAD | 0 | 106.0M CAD | 84.1M CAD | 0 | 0 | 0 | 90.0M CAD | 66.0M CAD | 0 |
| Selling, General & Admin | 4.31B CAD | 4.41B CAD | 4.54B CAD | 1.40B CAD | 4.34B CAD | 4.42B CAD | 4.42B CAD | 1.83B CAD | 4.20B CAD | 3.98B CAD |
| Operating Expenses | 15.01B CAD | 15.74B CAD | 16.12B CAD | 1.49B CAD | 15.92B CAD | 10.88B CAD | 11.06B CAD | 1.92B CAD | 11.16B CAD | 11.33B CAD |
| Operating Income | 5.28B CAD | 5.44B CAD | 5.52B CAD | 4.37B CAD | 0 | 5.28B CAD | 5.48B CAD | 5.50B CAD | 5.55B CAD | 5.42B CAD |
| EBITDA | 8.67B CAD | 8.99B CAD | 9.05B CAD | 8.62B CAD | 8.82B CAD | 9.66B CAD | 9.76B CAD | 9.76B CAD | 7.74B CAD | 14.72B CAD |
| Interest Expense | 969.0M CAD | 1.03B CAD | 1.07B CAD | 1.20B CAD | 1.16B CAD | 1.11B CAD | 1.15B CAD | 1.52B CAD | 1.75B CAD | 1.77B CAD |
| Pre-tax Income | 4.20B CAD | 4.12B CAD | 3.97B CAD | 3.36B CAD | 3.27B CAD | 3.94B CAD | 3.89B CAD | 3.32B CAD | 952.0M CAD | 7.71B CAD |
| Income Tax | 1.11B CAD | 1.07B CAD | 995.0M CAD | 870.6M CAD | 792.0M CAD | 1.04B CAD | 967.0M CAD | 996.0M CAD | 577.0M CAD | 1.19B CAD |
| Net Income | 3.03B CAD | 2.99B CAD | 2.93B CAD | 2.46B CAD | 2.63B CAD | 2.84B CAD | 2.87B CAD | 2.26B CAD | 344.0M CAD | 6.46B CAD |
| EPS | 3.33 CAD | 3.20 CAD | 3.26 CAD | 3.37 CAD | 2.53 CAD | 2.99 CAD | 2.98 CAD | 2.28 CAD | 0.18 CAD | 6.78 CAD |
| EPS (Diluted) | 3.33 CAD | 3.20 CAD | 3.26 CAD | 3.37 CAD | 2.53 CAD | 2.99 CAD | 2.98 CAD | 2.28 CAD | 0.18 CAD | 6.78 CAD |
| Shares Outstanding (Diluted) | 870.3 M | 894.9 M | 898.9 M | 901.4 M | 904.4 M | 906.7 M | 912.0 M | 912.2 M | 912.3 M | 928.6 M |
Price
| Price | $22.03 (closing price, November 5, 2026) |
| Market Cap | $20.5B |
| Exchange | NYSE |
| Country | CA |
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Explore sector: Communication Services · Telecommunications Services
More sections of BCE: Overview · Financials · Valuation · Technical · Ownership
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