BCE (NYSE:BCE) Updates FY 2026 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.798-1.919 for the period, compared to the consensus EPS estimate of 1.900. The company issued revenue guidance of $17.9 billion-$18.6 billion, compared to the consensus revenue estimate of $18.2 billion.

Analyst Ratings Changes

Several brokerages have recently commented on BCE. Weiss Ratings reiterated a “hold (c)” rating on shares of BCE in a research report on Friday, May 29th. Raymond James Financial began coverage on BCE in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. Barclays decreased their price objective on shares of BCE from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Thursday, July 16th. Zacks Research cut shares of BCE from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Finally, TD Securities raised shares of BCE from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $30.00.

BCE Price Performance

Shares of NYSE BCE opened at $22.00 on Thursday. BCE has a 1-year low of $20.87 and a 1-year high of $26.52. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.74 and a quick ratio of 0.71. The business’s fifty day moving average price is $22.65 and its two-hundred day moving average price is $24.16. The firm has a market capitalization of $20.52 billion, a PE ratio of 4.47 and a beta of 0.51.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. BCE had a net margin of 25.66% and a return on equity of 13.87%. BCE has set its FY 2026 guidance at 1.798-1.919 EPS. On average, research analysts expect that BCE will post 1.85 EPS for the current year.

Institutional Investors Weigh In On BCE

Several large investors have recently made changes to their positions in BCE. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in BCE by 36.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 278,745 shares of the utilities provider’s stock worth $6,400,000 after buying an additional 75,053 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in BCE by 64.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock valued at $71,000 after acquiring an additional 1,217 shares in the last quarter. Prudential Financial Inc. bought a new stake in BCE during the 2nd quarter valued at $407,000. EverSource Wealth Advisors LLC boosted its position in BCE by 92.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,322 shares of the utilities provider’s stock worth $96,000 after acquiring an additional 2,081 shares during the period. Finally, Marshall Wace LLP boosted its position in BCE by 237.0% during the 2nd quarter. Marshall Wace LLP now owns 265,861 shares of the utilities provider’s stock worth $5,894,000 after acquiring an additional 186,965 shares during the period. Institutional investors and hedge funds own 41.46% of the company’s stock.

BCE Company Profile

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.