Quebecor Inc. QBR.B
This picture changes. Follow Quebecor Inc. free — email when the signal or risk changes + a Sunday weekly brief.
Follow Quebecor Inc. freeEmail when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Full analysis: 7 Aug 2026
Latest news check: 8 Jun 2026
General analysis — not personal advice.
HOLD
7/10
Confidence
Existing position can be maintained at current valuation.
Stable telecom growth and low leverage are balanced by media segment weakness and the fact that much of the upside is already reflected in the share price.
Market sentiment
8/10
↑
Trend: Improving
The market reacts positively to telecom segment growth and the company's shareholder-friendly actions.
Price context
The stock trades at 65.98 CAD, about 8 percent below the 52-week high after a 73.5 percent rise over the past year, indicating that much of the growth is already priced in.
Risk assessment
4/10
Dilution:
Low
Strong cash flow and active buyback program
Jurisdiction:
Low
Operations solely in Canada
Execution:
Low
Proven management and consistent execution
About the company
Quebecor is an integrated Canadian telecom and media company with a dominant position in Québec. Operations are driven primarily through Videotron for broadband, TV and mobile, and Freedom Mobile for national mobile expansion. The company generates stable cash flows from the telecom segment while the media division faces structural challenges.
Sector:
Telecommunications and media
Type:
Other
Next report
5 Nov 2026
Q3
Catalysts
Aug 2026
Q3 2026 report
Medium
Nov 2026
Share buyback program
High
Horizon:
Bull case
Strong mobile and internet subscriber growth combined with the lowest leverage in the sector supports earnings.
Bear case
The media segment continues to show weak profitability and regulatory decisions can negatively affect revenues.
Sensitivity analysis
| Factor | If it weakens | If it strengthens |
|---|---|---|
| Freedom Mobile subscriber growth | Lower subscriber growth outside Québec → lower revenue growth and weaker cash flow. | Strong subscriber growth outside Québec → higher revenues and improved profitability. |
| Media segment profitability | Continued media losses → lower group earnings and increased margin pressure. | Improved media profitability → higher adjusted EBITDA and stronger overall results. |
We monitor these factors. Follow the company to get email when any of them hit.
Signal rationale (informational)
Stable telecom growth and low leverage are balanced by media segment weakness and the fact that much of the upside is already reflected in the share price.
Recent news
- The Q2 2026 report showed revenue of 1.44 billion CAD and a 12.5 percent dividend increase to 0.45 CAD per share. The company repaid 900 million CAD on credit facilities during the quarter.
Key figures
Revenue
Q2 2026
CAD 1.4B
Revenue TTM
TTM
CAD 5.8B
EBITDA
Q2 2026
CAD 627M
Net income
Q2 2026
CAD 271M
Total debt
Q3 2025
CAD 7.1B
Shares outstanding
Q2 2026
226M
EPS
Q2 2026
CAD 1.20
Price & valuation
Last close
CAD 65.90
Market Cap
CAD 14.9B
1 week
-5.1 %
3 months
+14.8 %
12 months
+73.4 %
From 52w high
-8.3 %
From 52w low
+73.4 %
Exchange
TSX
Sector
Telecommunications and media
This picture changes. Follow Quebecor Inc. free — email when the signal or risk changes + a Sunday weekly brief.
Follow 3 companies freeEmail when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.