BCE-PY.TO stock plunged 39.62% to CAD 20.68 on Feb 09, 2026 at market close on the TSX in Canada. Volume spiked to 3,900,800 shares versus an average of 7,405, signalling heavy selling. The move left the security well below its previous close of CAD 34.25 and tested valuation metrics such as PE 6.38 and dividend yield 6.66%. We break down drivers, valuation, Meyka AI grading and what traders should watch next.
BCE-PY.TO stock: what moved the price today
Shares of BCE Inc. (BCE-PY.TO) dropped from a previous close of CAD 34.25 to CAD 20.68, a CAD 13.57 fall or -39.62%. A company rating dated 2026-02-09 flagged a C / Sell view, which likely amplified selling pressure. Trading volume was 3,900,800, far above the 7,405 average, indicating a concentrated outflow on the TSX.
Advertisement
BCE-PY.TO stock earnings and financial snapshot
Latest company figures show EPS CAD 3.24 and a trailing PE of 6.38. Market cap stands at CAD 19.21B, book value per share is CAD 24.46, and shareholders equity per share is CAD 24.13. Free cash flow per share is CAD 4.26 and dividend per share is CAD 2.31, implying a yield near 6.66%. The earnings calendar lists the next announcement on 2026-04-30.
BCE-PY.TO stock valuation vs sector
BCE-PY.TO stock trades at a PE of 6.38, well below the Communication Services sector average PE of 22.79, suggesting a deep sector discount. Debt-to-equity is 1.82, higher than the sector average 1.40, raising leverage concerns. Enterprise value to EBITDA is 3.23, and price-to-book is 1.44, pointing to mixed signals: cheap relative price but elevated leverage.
Meyka AI rates BCE-PY.TO with a score out of 100
Meyka AI rates BCE-PY.TO with a score out of 100: 64.76 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The internal model balances a low PE and strong dividend against weak growth and elevated debt. These grades are not guarantees and we are not financial advisors.
Meyka AI’s forecast and price targets for BCE-PY.TO stock
Meyka AI’s forecast model projects a monthly price of CAD 24.12, a quarterly price of CAD 22.32, and a yearly price of CAD 12.43. Versus the current CAD 20.68, the monthly forecast implies +16.63% upside and the quarterly forecast implies +7.93%. The yearly projection implies -39.90% downside. Forecasts are model-based projections and not guarantees.
BCE-PY.TO stock technicals and trading view
Technicals show RSI 36.10, MACD histogram -0.75, and ATR 2.83, signalling short-term weakness and elevated volatility. Bollinger middle band at 30.24 and lower band at 21.38 leave the price below the lower band. Short-term momentum indicators and a high one-day decline suggest traders may seek confirmation before re-entering. Check intraday order flow and news for corporate actions before trading.
Final Thoughts
BCE-PY.TO stock suffered a severe one-day reprice, falling 39.62% to CAD 20.68 on Feb 09, 2026 as the TSX session closed. The decline widened the gap between price and fundamentals: cheap multiples such as PE 6.38 and a 6.66% dividend yield contrast with elevated leverage (debt-to-equity 1.82) and recent negative growth trends. Meyka AI’s model gives mixed signals: a near-term monthly projection of CAD 24.12 implies +16.63% upside, while a longer-term yearly forecast of CAD 12.43 implies -39.90%. Our Meyka grade is 64.76 (B, HOLD), reflecting value metrics offset by balance-sheet and growth risks. Investors should weigh dividend income, leverage, and upcoming earnings on 2026-04-30 before adjusting exposure. For the latest filings and corporate detail visit the BCE investor site and view the company profile image here. Meyka AI provides this analysis as an AI-powered market analysis platform and not as investment advice.
Advertisement
FAQs
What caused the drop in BCE-PY.TO stock today?
The sharp drop followed a dated company rating on 2026-02-09 and heavy selling. High volume 3,900,800 and a steep gap from previous close CAD 34.25 suggest market revaluation and sentiment-driven selling.
Is BCE-PY.TO stock cheap after the fall?
On multiples it looks cheap: PE 6.38 and price-to-book 1.44 versus sector PE 22.79. Elevated debt-to-equity 1.82 and slowing growth offset the valuation gap.
What does Meyka AI forecast for BCE-PY.TO stock?
Meyka AI’s forecast model projects a monthly price of CAD 24.12 (+16.63% vs CAD 20.68) and a yearly price of CAD 12.43 (-39.90%). Forecasts are model-based projections and not guarantees.
What key dates should investors watch for BCE-PY.TO stock?
Watch the next earnings release on 2026-04-30, dividend record/ex-dividend announcements, and any company guidance updates. Those events could drive near-term volatility.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
Advertisement
What brings you to Meyka?
Pick what interests you most and we will get you started.
I'm here to read news
Find more articles like this one
I'm here to research stocks
Ask our AI about any stock
I'm here to track my Portfolio
Get daily updates and alerts (coming March 2026)