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Fortis (FTS) Stock Forecast & Price Target

Fortis logo
C$75.36 -0.03 (-0.04%)
As of 09/11/2026 04:00 PM Eastern

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

Consensus Rating

Sell
0
Hold
5
Buy
5

Based on 10 Wall Street analysts who have issued ratings for Fortis in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 5 have given a hold rating, and 5 have given a buy rating for FTS.

Consensus Price Target

C$79.68
5.73% Upside
According to the 10 analysts' twelve-month price targets for Fortis, the average price target is C$79.68. The highest price target for FTS is C$85.00, while the lowest price target for FTS is C$70.00. The average price target represents a forecasted upside of 5.73% from the current price of C$75.36.
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

TypeCurrent Forecast
9/12/25 to 9/12/26
1 Month Ago
8/13/25 to 8/13/26
3 Months Ago
6/14/25 to 6/14/26
1 Year Ago
9/12/24 to 9/12/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$79.68C$79.68C$79.32C$69.60
Forecasted Upside5.73% Upside1.61% Upside-0.37% Downside1.80% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Fortis Stock vs. The Competition

TypeFortisUtilities Companies
Consensus Rating Score
2.50
2.36
Consensus RatingModerate BuyHold
News Sentiment Rating
Positive News

See Recent FTS News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
7/20/2026
Desjardins logo
Desjardins
4 of 5 stars
 Boost TargetBuyC$81.00 ➝ C$85.00+3.84%
7/17/2026 DowngradeStrong-BuyHold
6/1/2026 Boost TargetSector PerformC$75.00 ➝ C$82.00+8.87%
5/8/2026 Lower TargetOverweightC$84.00 ➝ C$83.00+8.20%
5/7/2026 Boost TargetBuyC$83.00 ➝ C$84.00+9.72%
4/28/2026 Boost TargetOutperformC$78.50 ➝ C$80.50+4.19%
2/13/2026 Boost TargetSector PerformC$79.00 ➝ C$80.00+3.47%
2/13/2026 Boost TargetMarket PerformC$74.00 ➝ C$77.00-0.41%
2/13/2026 Boost TargetSector PerformC$79.00 ➝ C$80.00+3.47%
1/28/2026 Lower TargetC$72.00 ➝ C$70.00-3.49%
11/5/2025 Boost TargetBuyC$77.00 ➝ C$79.00+10.29%
3/21/2025 Boost TargetC$58.00 ➝ C$63.00-2.64%
9/20/2024 Set TargetUnderperformC$60.00-0.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:45 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 Friday, September 11, 2026. 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.:

  • Fortis Inc. offers a stable income stream with a dividend yield of 3.40%, supported by a recent quarterly dividend payment of $0.64 per share that was paid on September 1st, 2026, providing a reliable return for income-focused investors.
  • The stock is currently trading at $75.36, which is below the average twelve-month price target of C$79.68 set by ten brokerages, suggesting potential upside as the consensus recommendation remains a "Moderate Buy" with five analysts rating it a buy and five a hold.
  • Fortis Inc. demonstrates low volatility with a beta of 0.34, meaning it tends to be less sensitive to market fluctuations than the broader market, making it a defensive holding for investors seeking stability during uncertain economic periods.
  • Recent insider activity shows confidence in the company, with directors Pierre J Blouin, Julie Dobson, and Lisa Durocher purchasing a combined 572 shares in July 2026, indicating that company leadership believes in the long-term value of the stock.
  • The company maintains a strong operational foundation by serving more than 3.4 million electricity and gas customers across Canada and the United States, with its regulated utility assets providing predictable cash flows and durable earnings growth.

Fortis
Bear Case

red Wall Street bear icon

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

  • Fortis Inc. carries a high debt-to-equity ratio of 143.60, indicating significant leverage that could expose the company to higher interest costs and financial risk if interest rates remain elevated or economic conditions deteriorate.
  • The stock has a price-to-earnings ratio of 22.16, which is relatively high for a utility company, suggesting that the stock may be overvalued compared to its earnings potential and leaving less room for price appreciation if growth slows.
  • Recent insider selling by James Reid, who sold 24,700 shares in June 2026, could signal a lack of confidence from key insiders or a desire to diversify holdings, which may weigh on investor sentiment.
  • The company's dividend payout ratio is 74.56%, which is quite high and may limit its ability to reinvest in growth projects or absorb financial shocks, potentially constraining future dividend growth or capital allocation flexibility.
  • Fortis Inc. has a current ratio of 0.56 and a quick ratio of 0.36, both below 1.0, indicating that the company may face short-term liquidity challenges in meeting its immediate financial obligations without relying on external financing.

FTS Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortis is C$79.68, with a high forecast of C$85.00 and a low forecast of C$70.00.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FTS shares.

According to analysts, Fortis's stock has a predicted upside of 5.73% 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 Canadian Imperial Bank of Commerce, and Desjardins in the past 90 days.

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


MarketBeat monitors more than a dozen sources for Fortis analyst ratings, with the most recent rating issued on 7/20/2026.
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