BCE (NYSE:BCE) Releases FY 2026 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.798-1.919 for the period, compared to the consensus EPS estimate of 1.900. The company issued revenue guidance of $17.9 billion-$18.6 billion, compared to the consensus revenue estimate of $18.2 billion.

BCE Stock Up 0.0%

Shares of NYSE BCE opened at $22.00 on Thursday. The firm has a market cap of $20.52 billion, a price-to-earnings ratio of 4.47 and a beta of 0.51. The company’s 50-day simple moving average is $22.65 and its 200-day simple moving average is $24.16. The company has a quick ratio of 0.71, a current ratio of 0.74 and a debt-to-equity ratio of 1.84. BCE has a 52-week low of $20.87 and a 52-week high of $26.52.

BCE (NYSE:BCE) (TSE:BCE) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. BCE had a net margin of 25.66% and a return on equity of 13.87%. BCE has set its FY 2026 guidance at 1.798-1.919 EPS. Equities analysts predict that BCE will post 1.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BCE shares. TD Securities raised BCE from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Zacks Research cut shares of BCE from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of BCE in a research report on Friday, July 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BCE in a research note on Friday, May 29th. Finally, Raymond James Financial initiated coverage on BCE in a report on Wednesday, July 15th. They set a “market perform” rating on the stock. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, BCE has a consensus rating of “Hold” and an average price target of $30.00.

Institutional Investors Weigh In On BCE

Hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. raised its holdings in BCE by 15.7% in the second quarter. Geneos Wealth Management Inc. now owns 3,581 shares of the utilities provider’s stock valued at $79,000 after acquiring an additional 485 shares in the last quarter. Corient Private Wealth LLC boosted its stake in BCE by 3.5% during the 4th quarter. Corient Private Wealth LLC now owns 17,601 shares of the utilities provider’s stock valued at $419,000 after acquiring an additional 599 shares during the last quarter. Binnacle Investments Inc grew its holdings in BCE by 17.1% during the 3rd quarter. Binnacle Investments Inc now owns 4,164 shares of the utilities provider’s stock worth $97,000 after acquiring an additional 609 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in BCE by 3.3% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 28,692 shares of the utilities provider’s stock worth $683,000 after acquiring an additional 926 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of BCE by 735.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,161 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 1,022 shares during the last quarter. Hedge funds and other institutional investors 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.