TSE:BCE

BCE Inc. (BCE.TO)

34.49
+0.24 (0.70%)
as of Jun 10, 2026, 8:00:01 pm Market Open.
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Investor Insights
star iconJun 10, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

BCE Inc. has faced significant challenges in the telecom sector, particularly amid rising competition and regulatory pressures. Experts note that while the company provides a solid dividend yield, its growth potential appears limited, making it more of a defensive play than a growth stock. The recent dividend cut was a strategic move to allocate resources for expansion, specifically in the U.S. through the acquisition of Ziply. Analysts express mixed feelings about its future, with some believing the stock has potential as it may have seen its lowest point, while others remain skeptical about the company's trajectory. Long-term investors may find some stability in the yield, but overall sentiment reflects caution due to industry pressures and corporate restructuring.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
Telus, T
BUY
Apple vs. BCE for income Certainly, BCE generates income (he owns it), despite minimal revenue growth, though it's well-run. 5G may give it a bump. Pays a super yield. You don't buy Apple for income (the yield is low), but rather it's a growth company. The two stocks are yin-and-yang, but offer good diversity in a portfolio.
HOLD
Has been selling shares. Would rather own shares in Rogers as share price has fallen recently. Defensive holding, not much share price appreciation.
HOLD
TSX has been rocking and rolling. Good for dividend and defensive portfolios, but not his best idea. He's not a fan of paying high multiples for a low-growth businesses just because others are nervous.
BUY
Large capex spend this year will finally finish fibre to the home, a tremendous advantage over cable. Good job in wireless. Trading high. Likes long-term vision, assets, management. Defensive in this environment. Yield of 4.5-5% is going to increase.
HOLD
Trading at the top end of the PE range of telcos. 5G is going to be a big advantage. This is important, as they've spent lots of money on it, but it will benefit topline growth. Core businesses continue to do well. Nice yield of over 5%.
TRADE
He is bullish on Telcos which do well in this environment. Some clients own BCE in their portfolios. Valuations are high and the dividend is not necessarily fully covered today but hopefully in a year. He prefers Telus which is better run with interesting assets and certainty of dividend growth.
PAST TOP PICK
(A Top Pick Apr 21/21, Up 26%) Still likes it within the sector. Canada's predominant player, though Telus is not far off. Core holding. Doing well with fibre, among the top in Canada. Yield approaching 5%.
BUY
Preference in the market for commodities, defensive companies and yield in the market. Rising interest rates not historically good for telecom industry. Sector looks attractive. Lots of money flowing into the business. A good name to hold if you already own it.
PAST TOP PICK
(A Top Pick Apr 16/21, Up 23%) At the time, a recovery stock. Eventually a beneficiary of 5G. Great dividend that grows. Don't add here. Sell calls. Likes it long term.
BUY
Should be a core holding in a portfolio. Low growth, but pays a great dividend. You're buying stability and income. Shares may rise 2-4% a year + the dividend. Alternatives don't pay as much and are riskier.
HOLD
Rocking and rolling. Dividends in Canada are in favour. People want boring, safety, stability. He also owns Telus. Not the best ideas, but nice anchors to have in your portfolio.
BUY
Great franchise. Telecom stocks have started to rebound a bit. Increases dividend over time, which is important with rising rates. More for income, with only some capital growth. Good cashflow, wireless is one of the best. Nice dividend at 5.6%.
HOLD
A defensive dividend player. It will do fine. Slow dividend grower. Growing earnings at 5-6%. Not most inflation-protected, but a workhorse. You also need significant dividend growth of 10-14% a year in your portfolio. A volatility dampener. Look for dividend growers, as that's the theme that will benefit you the most in a rising rate environment. Good yield of 5.5%.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues missed estimates slightly by $14M. EPS came in at 60 cents, which beat estimates of 58 cents. Revenues and EBITDA has recovered to pre-pandemic levels despite a 25% reduction in wireless pricing. Digital revenues grew strongly. Overall a good quarter. Unlock Premium - Try 5i Free

BUY
Clients ask him why he owns boring stocks compared to others which shoot up. Well, you need shock absorbers to give you steady returns. BCE's business won't evaporate tomorrow and it pays a nice, rising dividend. Everybody should own some portion of boring stocks, which provide a foundation to build and to allow friskier stocks to invest in.
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