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.

$55.65 +0.39 (+0.70%)

As of 01:00 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
19.20% 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 19.20% from the current price of $55.65.

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 9/8/25 to 9/8/26	1 Month Ago 8/9/25 to 8/9/26	3 Months Ago 6/10/25 to 6/10/26	1 Year Ago 9/8/24 to 9/8/25
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)	6 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$66.33	$66.33	$61.00	$72.00
Forecasted Upside	19.20% Upside	18.15% Upside	7.92% Upside	47.13% 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	2.36	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	20.00% Upside	62.88% Upside	14.03% 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
Get the Latest News and Ratings for FTS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Fortis and its competitors with MarketBeat's FREE daily newsletter.
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
9/20/2024	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Underperform
9/10/2024	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	William Appicelli Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong Sell

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:50 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, September 6, 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 beat analyst expectations for earnings per share in its latest quarterly report, posting $0.56 compared to the consensus estimate of $0.55, which demonstrates the company's ability to deliver consistent profitability despite broader economic headwinds.
The company offers a stable income stream with a dividend yield of 3.30%, and it recently paid a quarterly dividend of $0.64 per share, making it an attractive option for income-focused investors seeking regular cash flow.
Fortis Inc. exhibits low volatility with a beta of 0.42, meaning its stock price tends to fluctuate less than the overall market, which can provide a defensive characteristic for portfolios during periods of market uncertainty.
Institutional investors continue to show confidence in the company, with major entities like the Canada Pension Plan Investment Board and BlackRock Inc. establishing or increasing their positions in the second quarter of 2026.
The stock is currently trading at $55.28, which is below its 52-week high of $59.40, potentially offering a more favorable entry point for long-term investors compared to recent peaks.

Fortis
Bear Case

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

Revenue for the most recent quarter came in at $1.67 billion, significantly missing the analyst consensus estimate of $1.83 billion, which may indicate challenges in top-line growth or operational efficiency.
The company carries a debt-to-equity ratio of 1.27, which is relatively high for a utility sector firm, suggesting a significant leverage burden that could impact financial flexibility or credit ratings.
Wall Street analysts have recently downgraded their outlook, with the consensus rating shifting to "Hold" and the average price target decreasing to $66.33, reflecting a more cautious stance on future performance.
Short interest in the stock has been increasing, with shares shorted rising to 15.7 million as of August 2026, indicating that a growing number of traders are betting against the stock's price appreciation.
The current price-to-earnings ratio of 22.38 is relatively high for a utility company, which may limit the upside potential for capital appreciation compared to peers with lower valuations.

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 19.20% 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 2.36. Learn more on how FTS compares to other companies.

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Brokerages With Fortis Recommendations

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