Fortis (FTS) Stock Forecast & Price Target

Q: What analysts cover Fortis?

Fortis has been rated by research analysts at Barclays , BMO Capital Markets , Canadian Imperial Bank of Commerce , Royal Bank Of Canada , Scotiabank , TD Securities , Weiss Ratings , and Wolfe Research in the past 90 days.

$53.34 -0.50 (-0.93%)

As of 12:30 PM Eastern

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Fortis - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 8 Analyst Ratings

Sell
0

Hold
5

Buy
3

Based on 8 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 8 analysts, 5 have given a hold rating, and 3 have given a buy rating for FTS.

Consensus Price Target

$66.33
24.36% Upside

According to the 8 analysts' twelve-month price targets for Fortis, the average price target is $66.33. The highest price target for FTS is $89.00, while the lowest price target for FTS is $50.00. The average price target represents a forecasted upside of 24.36% from the current price of $53.34.

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.

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FTS Analyst Ratings Over Time

Type	Current Forecast 9/23/25 to 9/23/26	1 Month Ago 8/24/25 to 8/24/26	3 Months Ago 6/25/25 to 6/25/26	1 Year Ago 9/23/24 to 9/23/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$66.33	$66.33	$61.00	$72.00
Forecasted Upside	24.36% Upside	19.96% Upside	5.73% Upside	46.07% Upside
Consensus Rating	Hold	Hold	Moderate Buy	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	Broader Market
Consensus Rating Score	2.38	2.37	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	23.18% Upside	66.46% Upside	17.93% 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

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
8/4/2026	Scotiabank 4 of 5 stars		Reiterated Rating	Sector Perform
8/4/2026	TD Securities 3 of 5 stars		Reiterated Rating	Buy
8/4/2026	Wolfe Research 4 of 5 stars		Set Target		$50.00	-11.64%
8/3/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform
8/3/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Maurice Choy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Perform	$80.00 ➝ $89.00	+57.22%
8/3/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Lonegan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$61.00 ➝ $60.00	+5.39%
7/17/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy (B)
7/17/2026	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Outperform ➝ Hold
11/5/2025	National Bank Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Sector Perform
8/18/2025	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
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8/5/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
8/5/2025	Desjardins Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
2/13/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:31 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 Saturday, September 19, 2026. 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.:

Fortis Inc. recently priced a US$1 billion offering of fixed-to-fixed rate junior subordinated notes due 2057, a move that signals the company is actively managing its long-term capital structure to support its regulated utility operations and maintain financial stability for shareholders.
Scotiabank recently raised its full-year 2026 earnings per share estimate for Fortis Inc. to $2.63, up from a previous forecast of $2.55, indicating that analysts are increasingly confident in the company's ability to generate consistent cash flows despite broader economic uncertainties.
With a current stock price of $54.10, Fortis Inc. offers a dividend yield of 3.35%, providing investors with a reliable income stream that is attractive in a market where growth stocks may be more volatile.
Fortis Inc. reported second-quarter earnings of $0.56 per share, which beat the consensus estimate of $0.55, demonstrating the company's ability to maintain profitability and meet or exceed analyst expectations even as revenue faced headwinds.
Major institutional investors, including Bank of America Corp DE and Amundi, have recently increased their stakes in Fortis Inc., with Amundi boosting its holdings by 57.8% in the second quarter, suggesting strong confidence from large capital managers in the company's long-term value.

Fortis
Bear Case

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

Fortis Inc. reported second-quarter revenue of $1.67 billion, which significantly missed the analyst consensus estimate of $1.83 billion, raising concerns about the company's top-line growth and ability to expand its customer base or rates effectively.
The company's debt-to-equity ratio stands at 1.27, a level that indicates a significant reliance on borrowed funds to finance its operations, which can increase financial risk and interest expense burdens if interest rates remain elevated.
Fortis Inc. has a current ratio of 0.56 and a quick ratio of 0.47, both of which are below 1.0, suggesting that the company may face challenges in meeting its short-term obligations with its liquid assets, a potential red flag for financial flexibility.
Despite a consensus rating of "Hold" from eight analysts, the average price target of $66.33 is significantly higher than the current stock price, but the recent downgrade by Canadian Imperial Bank of Commerce from "outperform" to "hold" reflects growing caution among some institutional investors regarding the stock's near-term upside potential.
Fortis Inc. has a beta of 0.42, which, while indicating lower volatility than the broader market, also suggests that the stock may underperform during strong market rallies, potentially limiting capital appreciation for investors seeking growth.

FTS Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortis is $66.33, with a high forecast of $89.00 and a low forecast of $50.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last twelve months. There are currently 5 hold ratings and 3 buy ratings 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 24.36% based on their 12-month stock forecasts.

Over the previous 90 days, Fortis's stock had 1 downgrade by analysts.

Fortis has been rated by research analysts at Barclays, BMO Capital Markets, Canadian Imperial Bank of Commerce, Royal Bank Of Canada, Scotiabank, TD Securities, Weiss Ratings, and Wolfe Research in the past 90 days.

Analysts like Fortis more than other "utilities" companies. The consensus rating score for Fortis is 2.38 while the average consensus rating score for "utilities" companies is 2.37. Learn more on how FTS compares to other companies.

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MarketBeat monitors more than a dozen sources for Fortis analyst ratings, with the most recent rating issued on 8/4/2026.

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Fortis (FTS) Stock Forecast & Price Target