Fortis (FTS) Stock Forecast & Price Target

$48.16 +0.17 (+0.35%)

Closing price 06/13/2025 03:59 PM Eastern

Extended Trading

$49.57 +1.41 (+2.93%)

As of 06/13/2025 06:25 PM Eastern

Fortis - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 6 Analyst Ratings

Sell
2

Hold
4

Buy
0

Based on 6 Wall Street analysts who have issued ratings for Fortis in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 6 analysts, 2 have given a sell rating, and 4 have given a hold rating for FTS.

Consensus Price Target

$72.00
49.50% Upside

According to the 6 analysts' twelve-month price targets for Fortis, the average price target is $72.00. The highest price target for FTS is $72.00, while the lowest price target for FTS is $72.00. The average price target represents a forecasted upside of 49.50% from the current price of $48.16.

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FTS Analyst Ratings Over Time

Type	Current Forecast 6/15/24 to 6/15/25	1 Month Ago 5/16/24 to 5/16/25	3 Months Ago 3/17/24 to 3/17/25	1 Year Ago 6/16/23 to 6/15/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$72.00	$72.00	N/A	$55.13
Forecasted Upside	49.50% Upside	52.77% Upside	N/A	41.02% Upside
Consensus Rating	Reduce	Reduce	Reduce	Hold

FTS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FTS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Fortis Stock vs. The Competition

Type	Fortis	Utilities Companies	S&P 500
Consensus Rating Score	1.67	2.50	2.54
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	49.50% Upside	18.40% Upside	14.81% Upside
News Sentiment Rating	Positive News See Recent FTS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/8/2025	Royal Bank of Canada 3 of 5 stars	Maurice Choy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$69.00 ➝ $72.00	+48.39%
5/6/2025	Desjardins 2 of 5 stars	B. Stadler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold
2/13/2025	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Hold
11/6/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Quezada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
9/20/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform
9/10/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Appicelli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
12/12/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight
8/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$61.50 ➝ $60.50	+53.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:24 AM ET.

Should I Buy Fortis Stock? FTS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 12, 2025. Please send any questions or comments about these Fortis pros and cons to contact@marketbeat.com.

Fortis
Bull Case

Here are some ways that investors could benefit from investing in Fortis Inc.:

Recent earnings estimates for FY2025 have been increased, indicating positive growth expectations, with analysts projecting earnings per share of $2.45, up from a previous estimate of $2.43.
The current stock price is around $47, reflecting a stable market position and potential for appreciation.
Fortis Inc. has demonstrated a solid return on equity of over 7%, suggesting effective management and profitability.
Institutional ownership is strong, with over 57% of shares held by institutional investors, which can indicate confidence in the company's future performance.
Analysts have set a consensus price target of $72, suggesting potential upside for investors based on current valuations.

Fortis
Bear Case

Investors should be bearish about investing in Fortis Inc. for these reasons:

The company reported a revenue of $2.31 billion for the last quarter, which fell short of analysts' expectations, indicating potential challenges in meeting growth targets.
Fortis Inc. has a relatively high debt-to-equity ratio of 1.30, which may raise concerns about financial leverage and risk in a fluctuating market.
Recent earnings per share were $0.70, which is lower than the previous year's $0.93, suggesting a decline in profitability year-over-year.
Two analysts have rated the stock with a sell rating, indicating some skepticism about its future performance.
The stock has shown limited volatility with a beta of 0.50, which may not appeal to investors seeking higher returns from more dynamic stocks.

FTS Forecast - Frequently Asked Questions

: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortis is $72.00, with a high forecast of $72.00 and a low forecast of $72.00.
: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last twelve months. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" FTS shares.
: According to analysts, Fortis's stock has a predicted upside of 49.50% based on their 12-month stock forecasts.
: Fortis has been rated by research analysts at Desjardins, and Royal Bank of Canada in the past 90 days.
: Analysts like Fortis less than other "utilities" companies. The consensus rating for Fortis is Reduce while the average consensus rating for "utilities" companies is Hold. Learn more on how FTS compares to other companies.

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This page (NYSE:FTS) was last updated on 6/15/2025 by MarketBeat.com Staff

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Fortis (FTS) Stock Forecast & Price Target