Why the BT share price still looks like a once-in-a-decade bargain to me as we start 2026
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In 2025, the BT (LSE:BT.A) share price jumped by 28%, outperforming the FTSE 100 in the process. Yet at the start of 2026, I don’t think that the party’s over.
When I consider the long-term view alongside the current valuation, I believe it’s plausible the share price will keep rising. Here’s why.
Reasons to be positive
If we rewind a decade, the stock was trading at just under 500p. Now it’s at 183p. Of course, a lot has changed in 10 years but to me it shows that now could be a once-in-a-decade opportunity to buy the stock still. There’s potential for it to return to those prices in the years to come.
A good way to compute this is by considering the price-to-earnings…
