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Fortis (FTS) Stock Forecast & Price Target

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$50.78 +0.34 (+0.67%)
Closing price 03:59 PM Eastern
Extended Trading
$50.82 +0.04 (+0.07%)
As of 05:39 PM Eastern
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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

Sell
2
Hold
4
Buy
5

Based on 11 Wall Street analysts who have issued ratings for Fortis in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 2 have given a sell rating, 4 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for FTS.

Consensus Price Target

$72.00
41.79% Upside
According to the 11 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 41.79% from the current price of $50.78.
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FTS Analyst Ratings Over Time

TypeCurrent Forecast
8/7/24 to 8/7/25
1 Month Ago
7/8/24 to 7/8/25
3 Months Ago
5/9/24 to 5/9/25
1 Year Ago
8/8/23 to 8/7/24
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 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$72.00$52.83
Forecasted Upside41.79% Upside53.81% Upside49.94% Upside23.73% Upside
Consensus Rating
Hold
Reduce
Reduce
Reduce

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.
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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.
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Fortis Stock vs. The Competition

TypeFortisUtilities CompaniesS&P 500
Consensus Rating Score
2.36
2.48
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside41.79% Upside15.73% Upside14.06% Upside
News Sentiment Rating
Positive News

See Recent FTS News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/5/2025Raymond James Financial
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform
8/5/2025National Bankshares
3 of 5 stars
 Reiterated RatingSector Perform ➝ Sector Perform
8/5/2025TD Securities
4 of 5 stars
 Reiterated RatingBuy ➝ Buy
8/5/2025Desjardins
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 UpgradeHold ➝ Buy
8/4/2025BMO Capital Markets
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 Reiterated RatingMarket Perform ➝ Market Perform
7/21/2025Cibc World Mkts
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 UpgradeHold ➝ Strong-Buy
7/21/2025CIBC
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 UpgradeNeutral ➝ Sector Outperform
5/8/2025Royal Bank Of Canada
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Maurice Choy
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Boost TargetSector Perform ➝ Sector Perform$69.00 ➝ $72.00+48.39%
2/13/2025Jefferies Financial Group
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 Initiated CoverageHold
9/20/2024Bank of America
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 Initiated CoverageUnderperform
9/10/2024UBS Group
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W. Appicelli
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UpgradeStrong Sell
12/12/2023JPMorgan Chase & Co.
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 DowngradeNeutral ➝ Underweight
8/24/2023Credit Suisse Group
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 Lower TargetNeutral ➝ 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 Thursday at 10:24 PM 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 Sunday, August 3, 2025. Please send any questions or comments about these Fortis pros and cons to contact@marketbeat.com.

Fortis
Bull Case

green Wall Street bull icon

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

  • The current stock price is around $49.85, showing a stable performance in the utilities sector.
  • Fortis Inc. has seen significant institutional investment, with over 57% of its stock owned by institutional investors, indicating strong market confidence.
  • Recent upgrades from analysts, including a target price increase to $72.00, suggest positive future expectations for the stock.
  • The company reported earnings per share (EPS) of $0.70, exceeding analysts' expectations, which reflects strong operational performance.
  • Fortis Inc. has a solid market capitalization of approximately $24.70 billion, providing a stable foundation for growth and investment.

Fortis
Bear Case

red Wall Street bear icon

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

  • The stock has a relatively high price-to-earnings (P/E) ratio of 20.69, which may indicate that it is overvalued compared to its earnings.
  • Fortis Inc. has a debt-to-equity ratio of 1.34, suggesting that the company relies significantly on debt financing, which could pose risks in a rising interest rate environment.
  • Despite recent performance, the stock has a consensus rating of "Hold," indicating that analysts are not overwhelmingly bullish on its short-term prospects.
  • The company's revenue for the latest quarter was below consensus estimates, which may raise concerns about future growth potential.
  • Market volatility in the utilities sector could impact Fortis Inc.'s stock performance, making it a riskier investment in uncertain economic conditions.

FTS Forecast - Frequently Asked Questions

According to the research reports of 11 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.

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 2 sell ratings, 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTS, but not buy additional shares or sell existing shares.

According to analysts, Fortis's stock has a predicted upside of 41.79% based on their 12-month stock forecasts.

Over the previous 90 days, Fortis's stock had 4 upgrades by analysts.

Fortis has been rated by research analysts at BMO Capital Markets, CIBC, Cibc World Mkts, Desjardins, National Bankshares, Raymond James Financial, and TD Securities in the past 90 days.

Analysts like Fortis less than other "utilities" companies. The consensus rating score for Fortis is 2.36 while the average consensus rating score for "utilities" companies is 2.48. Learn more on how FTS compares to other companies.


This page (NYSE:FTS) was last updated on 8/7/2025 by MarketBeat.com Staff
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