TSE:BCE

BCE Inc. (BCE.TO)

32.57
+0.11 (0.34%)
as of Aug 14, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconAug 15, 2026, 12:00 am

This summary was created by AI, based on 40 opinions in the last 12 months.

BCE Inc. currently faces significant challenges within a highly competitive telecom sector, leading to a decline in its stock price and a considerable dividend cut of 56%. Experts highlight that while BCE's traditional telecommunications business remains stable, it is under pressure due to competition from alternatives like Starlink and regulatory challenges. Many analysts view BCE as primarily a dividend play, appealing for income but lacking in growth potential. The company's strategic move towards AI data center infrastructure shows promise and could provide new revenue streams, with an aim for $2 billion by 2028. Despite the current struggles, the consensus suggests that BCE has potential for recovery in the long term, supported by its more manageable payout ratio and recent upgrades from brokers indicating institutional interest.

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Consensus
Hold
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Valuation
Fair Value
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RCI.B
COMMENT
Gaining market share in TV and wireless communication. Growing media presence so it is diversifying its revenue and earnings base. Not a high flyer. Attracts the income crowd that wants slow growth.
BUY
Very over valued. Model price of $29.47, 30% downside, but everyone is going for yield and it is over 5%. If he had any smell of BCE doing the wrong thing, it could call to $38 and if it broke that level it would mean lower prices. Otherwise it could be here for a while.
PAST TOP PICK
(A Top Pick June 15/11. Up 18.52%.) Still likes. Very compelling dividend. Stock still has room to run.
BUY
(Market Call Minute.) Cheaper than Telus (T-T) of more expensive than Rogers (RCI.B-T). If you want dividends that grow, this is the one to own.
PAST TOP PICK
(A Top Pick Sept 23/11. Up 10.07%.) Has been making some interesting acquisitions. Good management.
TOP PICK
Went through the last couple of weeks like a trooper. Raised dividend 7 times in the last 3 years, 5.2%. Likes the management. Likes the sports area.
WEAK BUY
More of a hold-for-the-dividend stock. Has a top pick tonight that he prefers in that group.
TOP PICK
This is a macro call. He doesn't think interest rates are going up and they are going to stay low for a long time. All the savers in North America are going to use the proceeds from their maturing bonds, GICs, etc. to find better rates of interest. This company has a decent yield at over 5%.
PAST TOP PICK
(Top Pick May 17/11, Up 13.90%) Incredibly high free cash flow generator. They raised the dividend. Telcos are starting to take market share back from the cable companies. Doing a great job of cutting costs. Are still reasonably valued. They will beat out cable companies over the next couple of years.
PAST TOP PICK
(A Top Pick June 15/11. Up 13.54%.)
BUY
Probably a safe haven where you can park some money. Doesn't see a lot of capital upside. Have done very well at cutting costs and generating cash flow. Have been increasing their dividend and have been buying back stock. Dividend of 5.4%.
BUY ON WEAKNESS
Dividend is okay and he wouldn’t be surprised if there is another small increase. He would like it at around the $38 level. Likes what they are doing on the marketing side. Thinks the deal with Rogers on the Maple Leaf and Blue Jays side will pay off. Feels their fibre optics will give Rogers (RCI.B-T) real difficulty on the cable side. Doesn't see huge growth. You own it for income and he wouldn't be looking for capital gain.
BUY ON WEAKNESS
Great dividend and nearly 5.5%. This stock has always stayed above the 200 day moving average. Cash flow is great. This would be a more defensive part of your port folio.
BUY
If you can find a good quality telecom and hold it over time, GDP growth is about 2% and the telecoms find a way to take 2% of your wallet. Reasonable dividend. Good balance sheet. Reasonable growth profile.
COMMENT
Spending quite a bit of money on their 5 network. Banks are now performing well so there is some competition on yields. Telus (T-T) has been in the news recently regarding the amalgamation of the voting and non-voting shares. Also, there is a bit of profit taking in this sector.
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