BCE (NYSE:BCE) Updates FY 2026 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.790-1.910 for the period, compared to the consensus EPS estimate of 1.940. The company issued revenue guidance of $17.7 billion-$18.4 billion, compared to the consensus revenue estimate of $18.0 billion.

BCE Price Performance

Shares of BCE stock opened at $25.06 on Friday. BCE has a fifty-two week low of $20.28 and a fifty-two week high of $26.49. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.55 and a current ratio of 0.58. The firm has a market capitalization of $23.37 billion, a price-to-earnings ratio of 5.10 and a beta of 0.60. The stock’s 50-day simple moving average is $23.99 and its 200-day simple moving average is $23.87.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.45 by $0.04. The firm had revenue of $4.66 billion during the quarter, compared to analyst estimates of $6.55 billion. BCE had a net margin of 26.14% and a return on equity of 16.30%. BCE’s revenue was down .3% on a year-over-year basis. During the same period last year, the firm posted $0.79 EPS. BCE has set its FY 2026 guidance at 1.790-1.910 EPS. As a group, equities analysts forecast that BCE will post 1.94 earnings per share for the current fiscal year.

BCE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 16th will be paid a $0.4375 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.75 dividend on an annualized basis and a yield of 7.0%. BCE’s dividend payout ratio (DPR) is 25.99%.

Analysts Set New Price Targets

A number of brokerages have commented on BCE. BMO Capital Markets raised BCE from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 11th. TD Securities upgraded BCE from a “hold” rating to a “buy” rating in a research note on Wednesday, October 15th. Canadian Imperial Bank of Commerce raised BCE from a “neutral” rating to a “sector outperform” rating in a report on Tuesday, December 9th. Royal Bank Of Canada upgraded shares of BCE from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $35.00 to $37.00 in a report on Wednesday, October 15th. Finally, Scotiabank reissued an “outperform” rating on shares of BCE in a research report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

Trending Headlines about BCE

Here are the key news stories impacting BCE this week:

• Positive Sentiment: Board approved a quarterly dividend of $0.4375 per share (annualized yield ~6.8%), reinforcing BCE’s income appeal for yield-focused investors. BCE reports 2025 Q4 and full-year results, announces 2026 financial targets
• Positive Sentiment: Subscriber and service momentum: Crave subscriptions surged and BCE cited service revenue growth and gains at Ziply Fiber — supportive for steady, higher-margin recurring revenues. BCE quarterly profit rises, maintains 2026 guidance as Crave subscriptions surge
• Neutral Sentiment: Earnings per share beat consensus: BCE reported $0.49 EPS vs. consensus $0.45, showing operating profitability, but EPS is well below prior-year levels — a mixed signal for growth trajectory. BCE (BCE) Q4 Earnings Top Estimates
• Negative Sentiment: Revenue headwinds and product-sales decline: Q4 revenue fell year-over-year and missed some expectations, reflecting hardware/product weakness that offsets service gains. BCE Q4 Earnings Beat Despite Revenue Headwinds, Fall Y/Y, Shares Tank
• Negative Sentiment: FY2026 guidance trims expectations: BCE set EPS guidance of $1.79–$1.91 (street ~$1.94) and issued revenue guidance that is essentially flat-to-modest growth — the softer EPS midpoint helped drive the share decline. BCE reports 2025 Q4 and full-year results, announces 2026 financial targets
• Negative Sentiment: Market reaction: Analysts and traders focused on the revenue/guidance misses and the year-over-year decline in profitability, leading to heavier-than-normal selling volume. BCE Inc. (NYSE:BCE) Q4 2025 earnings call transcript

Institutional Investors Weigh In On BCE

Hedge funds and other institutional investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of BCE by 36.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 278,745 shares of the utilities provider’s stock valued at $6,400,000 after purchasing an additional 75,053 shares during the period. Geneos Wealth Management Inc. increased its holdings in BCE by 64.8% in the first quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock valued at $71,000 after buying an additional 1,217 shares in the last quarter. Prudential Financial Inc. purchased a new position in BCE in the second quarter valued at $407,000. EverSource Wealth Advisors LLC raised its position in shares of BCE by 92.9% in the second quarter. EverSource Wealth Advisors LLC now owns 4,322 shares of the utilities provider’s stock worth $96,000 after acquiring an additional 2,081 shares during the period. Finally, Marshall Wace LLP boosted its stake in shares of BCE by 237.0% during the 2nd quarter. Marshall Wace LLP now owns 265,861 shares of the utilities provider’s stock worth $5,894,000 after acquiring an additional 186,965 shares in the last quarter. Institutional investors and hedge funds own 41.46% of the company’s stock.

About BCE

BCE Inc (NYSE: BCE) is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.

On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.