# BCE Inc. (BCE)

> Source: Nexqual · https://nexqual.com/BCE · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, BCE Inc. (BCE), nexqual.com/BCE" · informational, not investment advice.

**Price:** USD 20.81 (+4.15% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 19.98 · day 20.07–20.81 · 52w 18.68–26.52 · market cap $19.4B · NYQ

## Key facts
- 1 of 80 tracked superinvestors hold BCE (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.21 on a 1–5 scale) (19 analysts), mean target USD 26.88 (range 24.46–28.7).
- Total return with dividends: 1Y -8.1% vs S&P 500 +14.9%; 5Y -42.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 0.7, revenue estimate $6.12B.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold BCE. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Viking Global | Viking Global Investors | 0.51% | $181M | New position |

## Analysts
Consensus Buy (mean 2.21 on a 1–5 scale), 19 analysts; mean target USD 26.88 (low 24.46, high 28.7).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Barclays | Target lowered | Equal-Weight | $25 → $24 |
| 2026-08-11 | B of A Securities | Upgrade | Underperform → Buy | $24.5 → $27 |
| 2026-07-16 | Barclays | Target lowered | Equal-Weight | $26 → $25 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -8.1% | -42.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -8.1% | -10.6% |
| Volatility (annualized) | 21.5% | 20.6% |
| Max drawdown | -26.2% (Mar 2026→Oct 2026) | -56.0% (Apr 2022→Oct 2026) |

## Peers (Telecom Services)
VIV (Telefonica Brasil S.A.) USD 13.08 +1.24% · RCI (Rogers Communication, Inc.) USD 33.2 +4.57% · ECHO (EchoStar Corporation) USD 85.79 -7.39% · CHTR (Charter Communications, Inc.) USD 111.77 +4.20% · TU (Telus Corporation) USD 8.86 +5.73% · TIGO (Millicom International Cellular) USD 79.93 -2.11%

## More
Full page: https://nexqual.com/BCE · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.70 | $0.69 | +0.2% | $6.12B | 14 |
| Next quarter (ends 2026-12-31) | $0.60 | $0.52 | +15.2% | $6.37B | 11 |
| Current fiscal year (ends 2026-12-31) | $2.58 | $2.58 | -0.0% | $24.89B | 17 |
| Next fiscal year (ends 2027-12-31) | $2.63 | $2.67 | -1.5% | $25.26B | 17 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-05): ±7.6%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 33.4% | ±7.6% |
| 2026-12-18 | 56 | 30.0% | ±11.5% |
| 2027-01-15 | 84 | 33.6% | ±8.5% |
| 2027-03-19 | 147 | 34.2% | ±11.2% |
| 2027-06-17 | 237 | 26.4% | ±20.8% |