Fortis (FTS) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

FTS Stock Forecast


Fortis (FTS) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $50.86, with a high of $61.00 and a low of $46.95. This represents a 3.29% increase from the last price of $49.24.

$35 $41 $47 $53 $59 $65 High: $61 Avg: $50.86 Low: $46.95 Last Closed Price: $49.24

FTS Stock Rating


Fortis stock's rating consensus is Hold, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (25.00%), 8 Hold (66.67%), 1 Sell (8.33%), and 0 Strong Sell (0.00%).

Hold
Total 12 0 1 8 3 Strong Sell Sell Hold Buy Strong Buy

FTS Price Target Upside V Benchmarks


TypeNameUpside
StockFortis3.29%
SectorUtilities Stocks3.49%

Price Target Trends


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$49.24$49.24$49.24
Upside/Downside---
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 252362316
Aug, 251382317
Jul, 25-2112318
Jun, 25-1112317
May, 25-1102316
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 19, 2022Richard SunderlandJ.P. Morgan$46.95$46.061.93%-4.65%
Aug 18, 2021Elias FoscolosIndustrial Alliance Securities$48.54$44.928.06%-1.42%
Aug 17, 2021Neil KaltonWells Fargo$61.00$45.3234.60%23.88%
Jul 30, 2021Patrick KennyNational Bank$46.95$44.126.41%-4.65%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Aug 05, 2025Raymond JamesOutperformOutperformhold
Aug 05, 2025National BankSector PerformSector Performhold
Aug 05, 2025TD SecuritiesBuyBuyhold
Aug 05, 2025DesjardinsHoldBuyupgrade
Aug 04, 2025BMO CapitalMarket PerformMarket Performhold
May 06, 2025DesjardinsHoldinitialise
Jan 08, 2025CIBCNeutralNeutralhold
Jan 07, 2025National BankSector PerformSector Performhold
Oct 22, 2024CIBCNeutralNeutralhold
Sep 27, 2024BMO CapitalMarket PerformMarket Performhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.60$2.61$2.78$2.96-----
Avg Forecast$2.55$2.68$2.73$3.07$3.23$3.37$3.52$3.68$3.89
High Forecast$2.72$2.85$3.01$3.13$3.35$3.42$3.64$3.80$4.25
Low Forecast$2.37$2.49$2.49$3.00$3.15$3.27$3.44$3.61$3.54
Surprise %1.96%-2.61%1.83%-3.58%-----

Revenue Forecast

$9B $10B $11B $12B $13B $14B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$8.94B$9.45B$11.04B$11.52B-----
Avg Forecast$9.10B$9.33B$10.32B$11.61B$11.98B$12.64B$13.20B$12.41B$12.93B
High Forecast$9.57B$9.80B$11.12B$11.84B$12.19B$13.21B$13.21B$12.80B$13.87B
Low Forecast$8.60B$8.82B$9.60B$11.39B$11.75B$12.10B$13.20B$12.01B$12.03B
Surprise %-1.84%1.27%7.02%-0.80%-----

Net Income Forecast

$1B $1B $2B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.27B$1.29B$1.39B$1.57B-----
Avg Forecast$1.29B$1.35B$1.51B$1.51B$1.59B$1.63B$1.72B$1.80B$1.89B
High Forecast$1.54B$1.62B$1.81B$1.81B$1.63B$1.66B$1.77B$1.85B$2.07B
Low Forecast$1.03B$1.08B$1.21B$1.20B$1.53B$1.59B$1.67B$1.75B$1.72B
Surprise %-0.88%-4.43%-7.73%4.45%-----

FTS Forecast FAQ


Is Fortis stock a buy?

Fortis stock has a consensus rating of Hold, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 8 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Fortis is a neutral investment for most analysts.

What is Fortis's price target?

Fortis's price target, set by 12 Wall Street analysts, averages $50.86 over the next 12 months. The price target range spans from $46.95 at the low end to $61 at the high end, suggesting a potential 3.29% change from the previous closing price of $49.24.

How does Fortis stock forecast compare to its benchmarks?

Fortis's stock forecast shows a 3.29% upside, underperforming the average forecast for the utilities stocks sector (3.49%).

What is the breakdown of analyst ratings for Fortis over the past three months?

  • September 2025: 12.50% Strong Buy, 18.75% Buy, 37.50% Hold, 12.50% Sell, 18.75% Strong Sell.
  • August 2025: 5.88% Strong Buy, 17.65% Buy, 47.06% Hold, 11.76% Sell, 17.65% Strong Sell.
  • July 2025: 0% Strong Buy, 11.11% Buy, 61.11% Hold, 11.11% Sell, 16.67% Strong Sell.

What is Fortis’s EPS forecast?

Fortis's average annual EPS forecast for its fiscal year ending in December 2024 is $3.23, marking a 9.12% increase from the reported $2.96 in 2023. Estimates for the following years are $3.37 in 2025, $3.52 in 2026, $3.68 in 2027, and $3.89 in 2028.

What is Fortis’s revenue forecast?

Fortis's average annual revenue forecast for its fiscal year ending in December 2024 is $11.98B, reflecting a 3.98% increase from the reported $11.52B in 2023. The forecast for 2025 is $12.64B, followed by $13.2B for 2026, $12.41B for 2027, and $12.93B for 2028.

What is Fortis’s net income forecast?

Fortis's net income forecast for the fiscal year ending in December 2024 stands at $1.59B, representing an 1.14% increase from the reported $1.57B in 2023. Projections indicate $1.63B in 2025, $1.72B in 2026, $1.8B in 2027, and $1.89B in 2028.