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Fortis (FTS) Stock Forecast & Price Target

Fortis logo
C$75.59 -2.04 (-2.63%)
As of 08/21/2026 04:18 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
5.41% 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 5.41% from the current price of C$75.59.
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
8/23/25 to 8/23/26
1 Month Ago
7/24/25 to 7/24/26
3 Months Ago
5/25/25 to 5/25/26
1 Year Ago
8/23/24 to 8/23/25
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)
2 Sell rating(s)
Consensus Price TargetC$79.68C$79.68C$78.68C$68.82
Forecasted Upside5.41% Upside-3.99% Downside0.33% Upside-1.76% Downside
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
Neutral 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 05:20 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 Thursday, August 20, 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.:

  • The company has reported strong earnings, with earnings per share (EPS) of C$0.99 for the latest quarter, indicating solid profitability.
  • Fortis Inc. has a consistent dividend payout, recently declaring a quarterly dividend of $0.64 per share, which translates to an annualized dividend of $2.56 and a yield of approximately 3.1%. This can provide a steady income stream for investors.
  • The current stock price is around C$79, reflecting the company's stable market position and investor confidence.
  • Fortis Inc. operates a diverse portfolio of utility transmission and distribution assets across Canada and the U.S., serving over 3.4 million customers, which enhances its revenue stability.
  • The company has a reasonable dividend payout ratio of 74.04%, suggesting that it retains enough earnings to reinvest in growth while still rewarding shareholders.

Fortis
Bear Case

red Wall Street bear icon

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

  • The return on equity (ROE) is at 7.51%, which may be considered low compared to other investment opportunities, indicating less efficiency in generating profits from shareholders' equity.
  • Insider activity shows a recent sale of shares by an insider, which could signal a lack of confidence in the company's short-term performance.
  • Despite a solid revenue of C$3.40 billion, the net margin of 14.75% may suggest that the company faces challenges in controlling costs and maximizing profitability.
  • Insider ownership is quite low at 0.04%, which may indicate a lack of alignment between management and shareholder interests.
  • Market analysts have mixed expectations for future earnings, with an average forecast of 3.34 EPS for the current fiscal year, which could reflect uncertainty in growth prospects.

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

According to analysts, Fortis's stock has a predicted upside of 5.41% 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, Desjardins, and National Bank Financial 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.


This page (TSE:FTS) was last updated on 8/23/2026 by MarketBeat.com Staff.
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