TSE:BCE

BCE Inc. (BCE.TO)

32.79
-0.04 (0.12%)
as of Sep 4, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconSep 6, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

BCE Inc. has experienced considerable volatility and challenges in the telecom sector, chiefly due to pressures from competitors like Starlink and a shift in market dynamics. While some analysts view BCE as a solid long-term hold, particularly for its dividend yield now hovering around 5%, others express skepticism about the stock's potential for capital appreciation in the near term. The company has a defensive business model with high barriers to entry and is diversifying into the AI and data center markets, which could provide future growth opportunities. However, competition and regulatory challenges remain significant concerns, leading some investors to question the attractiveness of BCE as a primary investment. Overall, many experts suggest it is more suitable as an income-generating asset than a growth opportunity.

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Consensus
Cautious
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Valuation
Fair Value
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T, 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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