Bullish Case: Amid ongoing 5G and IoT developments, TELUS' strategic partnerships, like those with Cisco for connected cars, promise new revenue channels and improved customer offerings, suggesting robust upside potentials.


Bearish Case: TELUS faces significant headwinds with recent poor stock performance and intense competition, compounded by macroeconomic concerns that might impair its financial stability and hinder its aggressive growth pursuits.


Potential Outcomes:

1. Successful 5G implementations drive stock up (20%).

2. Competitive pressures and economic downturn depress stock further (50%).

3. TELUS' strategic diversification stabilizes stock (30%).


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April 27, 2024


Telus Forecast

TU        Telus
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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