TSE:BCE

BCE Inc. (BCE.TO)

30.08
+0.17 (0.57%)
as of Jul 24, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 25, 2026, 12:00 am

This summary was created by AI, based on 44 opinions in the last 12 months.

BCE Inc. is viewed as a stable yet challenged investment, primarily recognized for its high dividend yield of around 5%, which many see as a reliable income source amidst current pressures in the telecom sector. The company has faced significant stock price declines due to increased competition, especially from emerging technologies like Starlink, leading to a cut in its dividend by 56% to maintain a sustainable payout ratio. While many experts highlight BCE's potential in the AI and data center space, they express caution about its core operations, with concerns over limited growth prospects and competitive pricing pressures. The consensus is that BCE may serve better as a defensive investment with modest future appreciation rather than as a growth stock. Analysts suggest monitoring BCE's strategic moves in the evolving telecom landscape, including its recent US acquisition and infrastructure investments, to gauge long-term viability.

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Consensus
Hold
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Valuation
Fair Value
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Similar
T, T
HOLD
Robust dividend. But in this rebound, it's just been sitting there. It's safe. Probably nothing will happen to it.
HOLD

Best quality in the telecom space. Good, stable cashflow to support the great dividend. TV ads might have been hurt by Covid, but infrastructure remains important with the 5G rollout. Well run, will continue to do well. A close competitor is Telus, but why switch?

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has balanced business lines and is a little safer than its competitors. The sector is fine to buy today for those seeking income with some growth. If interest rates rise, it could be affected negatively, but it looks like this is a ways away. Unlock Premium - Try 5i Free

HOLD
Juicy dividend, which grows steadily. Predictable business model. Today's results seem fine. Share price is overreacting. Some decline in monthly revenue. One to own for steady and growing income over time.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is expected to have $5.64B in revenue and earnings per share of $0.77. The stock has beat results around 50% of the time. With 99% of their retail stores being re-opn, there is no reason to expect disappointing results. Unlock Premium - Try 5i Free

DON'T BUY

All the telcos have paused over the last few months. Mobile data volume allowance is going up in plans while plan costs go down. A price war is hitting their top line. He prefers Shaw and Rogers. It is a marriage that at some point may happen. Telus has created a digital health care market. He prefers T-T.

SELL
Telcos have been frustrating. Big capex cycle, and then the pandemic. He hates buying a stock just because it has a yield. Suggests switching to the utilities sector with similar yield but more consistent dividend and earnings growth.
BUY
The company will benefit from the rural broadband project. Yield is close to 6%. The payout ratio is okay at around 75%. They will have to spend to receive more income, but the media providers are internet providers in Canada. If you decide to cut the cord, you still need internet. The work from home trend will increase internet use as well.
COMMENT
He has considered switching his position to Telus. He still likes BCE. Performance over the last decade has been significant. Going forward, dividend growth will not be as strong although yield is higher than competitors.
BUY ON WEAKNESS
The dividend is safe. All telcos are good at increasing their dividend yearly. BCE pays 5.9%. She buys this below $55. A solid income stock.
TOP PICK

A necessary service, no matter when a Covid vaccine is ready. We love our phone, internet, and Netflix. We're using more bandwith all the time and have to store more data. Legacy businesses are being replaced by 5G and fibre optic. Great and reliable dividend. Good addition to any portfolio. Yield is 5.92%. (Analysts’ price target is $60.66)

BUY
Well-positioned for the effects of the pandemic. Network is incredibly robust in the downturn. Generating free cash, and the whole sector is starting to increase dividends.
BUY
BCE vs. Telus The dividends are as safe as it gets, bolstered by the work-from-home trend and people using more data. Telus has a home security monitoring which ties in with their connected internet of things theme, and a telehealth business which will likely grow in coming years. Both companies are good and even in quality--can't choose one. It's splitting hairs.
COMMENT

A risky telco? He does not own RCI in his portfolios. The dividends are secure, but he prefers BCE and T. They are all facing similar challenges. He thinks RCI has not been as good at controlling costs.

HOLD
7% 2027 debenture All BCE securities are rock-solid credit. Nothing to worry about even in this environment and he owns these bonds in their portfolios. Zero worry.
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