BCE (NYSE:BCE) Updates FY 2026 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.790-1.910 for the period, compared to the consensus earnings per share estimate of 1.940. The company issued revenue guidance of $17.7 billion-$18.4 billion, compared to the consensus revenue estimate of $18.0 billion.

Analysts Set New Price Targets

Several equities analysts recently issued reports on BCE shares. Wall Street Zen lowered BCE from a “buy” rating to a “hold” rating in a research report on Sunday, December 28th. TD Securities raised shares of BCE from a “hold” rating to a “buy” rating in a research note on Wednesday, October 15th. Cibc Captl Mkts raised shares of BCE from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Scotiabank restated an “outperform” rating on shares of BCE in a report on Monday, January 12th. Finally, Royal Bank Of Canada raised shares of BCE from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $35.00 to $37.00 in a research note on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, BCE presently has an average rating of “Moderate Buy” and an average price target of $28.00.

BCE Stock Performance

Shares of NYSE BCE opened at $25.66 on Thursday. The company has a market capitalization of $23.93 billion, a P/E ratio of 5.33 and a beta of 0.60. BCE has a 12 month low of $20.28 and a 12 month high of $26.49. The stock has a 50 day moving average of $23.91 and a 200-day moving average of $23.85. The company has a current ratio of 0.58, a quick ratio of 0.55 and a debt-to-equity ratio of 1.81.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.25. BCE had a net margin of 25.62% and a return on equity of 17.35%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the company earned $0.79 EPS. BCE has set its FY 2026 guidance at 1.790-1.910 EPS. As a group, equities research analysts predict that BCE will post 1.94 EPS for the current year.

Institutional Investors Weigh In On BCE

Institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd lifted its position in shares of BCE by 735.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,161 shares of the utilities provider’s stock valued at $27,000 after buying an additional 1,022 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of BCE by 64.8% in the first quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock valued at $71,000 after purchasing an additional 1,217 shares during the period. Binnacle Investments Inc lifted its stake in shares of BCE by 34.6% during the 2nd quarter. Binnacle Investments Inc now owns 3,555 shares of the utilities provider’s stock valued at $79,000 after buying an additional 913 shares in the last quarter. Advisory Services Network LLC bought a new position in BCE in the 3rd quarter worth approximately $96,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of BCE by 92.9% in the second quarter. EverSource Wealth Advisors LLC now owns 4,322 shares of the utilities provider’s stock valued at $96,000 after purchasing an additional 2,081 shares in the last quarter. Institutional investors own 41.46% of the company’s stock.

About BCE

BCE Inc (NYSE: BCE) is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.

On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.