BCE (NYSE:BCE) Releases 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.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BCE. TD Securities upgraded shares of BCE from a “hold” rating to a “buy” rating in a research report on Wednesday, October 15th. Wall Street Zen lowered BCE from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. Barrington Research raised BCE from an “underperform” rating to an “equal weight” rating and boosted their price objective for the stock from $21.00 to $26.00 in a report on Tuesday, January 27th. Royal Bank Of Canada raised shares of BCE from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $35.00 to $37.00 in a research note on Wednesday, October 15th. Finally, Scotiabank reiterated an “outperform” rating on shares of BCE in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, BCE currently has an average rating of “Moderate Buy” and a consensus price target of $28.00.

BCE Trading Down 1.7%

NYSE BCE opened at $25.66 on Thursday. The firm has a market cap of $23.93 billion, a PE ratio of 5.33 and a beta of 0.60. BCE has a 1-year low of $20.28 and a 1-year 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 return on equity of 17.35% and a net margin of 25.62%.The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 earnings per share. BCE has set its FY 2026 guidance at 1.790-1.910 EPS. As a group, sell-side analysts forecast that BCE will post 1.94 EPS for the current year.

Institutional Investors Weigh In On BCE

Several institutional investors have recently modified their holdings of BCE. Caitong International Asset Management Co. Ltd raised its position in BCE by 735.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,161 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 1,022 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of BCE by 64.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock worth $71,000 after purchasing an additional 1,217 shares in the last quarter. Binnacle Investments Inc raised its holdings in BCE by 34.6% in the 2nd quarter. Binnacle Investments Inc now owns 3,555 shares of the utilities provider’s stock worth $79,000 after purchasing an additional 913 shares during the period. Advisory Services Network LLC purchased a new position in BCE during the third quarter valued at $96,000. Finally, EverSource Wealth Advisors LLC grew its holdings in BCE by 92.9% during 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 during the period. 41.46% of the stock is owned by hedge funds and other institutional investors.

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.