Fortis (FTS) Stock Forecast & Price Target

Q: What analysts cover Fortis?

Fortis has been rated by research analysts at Barclays , National Bank Financial , Raymond James Financial , and TD in the past 90 days.

C$80.31 +0.98 (+1.24%)

As of 01:21 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
0

Hold
4

Buy
6

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, 4 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for FTS.

Consensus Price Target

C$79.32
-1.23% Downside

According to the 10 analysts' twelve-month price targets for Fortis, the average price target is C$79.32. The highest price target for FTS is C$84.00, while the lowest price target for FTS is C$70.00. The average price target represents a forecasted downside of -1.23% from the current price of C$80.31.

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 6/23/25 to 6/23/26	1 Month Ago 5/24/25 to 5/24/26	3 Months Ago 3/25/25 to 3/25/26	1 Year Ago 6/23/24 to 6/23/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)	0 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	C$79.32	C$78.68	C$77.06	C$64.25
Forecasted Upside	-1.23% Downside	0.89% Upside	0.75% Upside	-1.58% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	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.

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
Consensus Rating Score	2.70	2.33
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Negative News See Recent FTS News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Action	Rating	Price Target	Report Date Upside/Downside
6/1/2026	National Bank Financial 5 of 5 stars	Boost Target	Sector Perform	C$75.00 ➝ C$82.00	+8.87%
5/8/2026	Barclays 3 of 5 stars	Lower Target	Overweight	C$84.00 ➝ C$83.00	+8.20%
5/7/2026	TD Not Rated	Boost Target	Buy	C$83.00 ➝ C$84.00	+9.72%
4/28/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Outperform	C$78.50 ➝ C$80.50	+4.19%
2/13/2026	Desjardins Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Buy	C$79.00 ➝ C$81.00	+4.76%
2/13/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Sector Perform	C$79.00 ➝ C$80.00	+3.47%
2/13/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Market Perform	C$74.00 ➝ C$77.00	-0.41%
2/13/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Sector Perform	C$79.00 ➝ C$80.00	+3.47%
1/28/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lower Target		C$72.00 ➝ C$70.00	-3.49%
12/17/2025	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$75.00 ➝ C$76.00	+6.95%
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.
11/5/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Buy	C$77.00 ➝ C$79.00	+10.29%
3/21/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$58.00 ➝ C$63.00	-2.64%
9/20/2024	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Set Target	Underperform	C$60.00	-0.10%
7/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$52.00 ➝ C$53.00	-6.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:42 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, June 21, 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.:

The company reported a strong quarterly earnings per share (EPS) of C$0.99, indicating solid profitability and potential for future growth.
Fortis Inc. has a net margin of 14.75%, which suggests effective cost management and the ability to retain a significant portion of revenue as profit.
With a return on equity of 7.51%, Fortis Inc. demonstrates efficient use of shareholders' equity to generate profits, which is attractive to investors looking for solid returns.
The current stock price is around C$50, making it accessible for a wide range of investors and potentially undervalued compared to its earnings performance.
Fortis Inc. operates a diverse portfolio of utility assets across Canada and the U.S., serving over 3.4 million customers, which provides stability and reduces risk associated with market fluctuations.

Fortis
Bear Case

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

Despite its strong earnings, the utility sector can be heavily regulated, which may limit growth opportunities and affect profitability in the long term.
Fortis Inc. has significant exposure to the energy market, which can be volatile and subject to fluctuations in demand and pricing, potentially impacting revenue stability.
The company has smaller stakes in electricity generation and Caribbean utilities, which may not provide the same level of revenue security as its core utility operations.
Investors may face risks related to infrastructure investments, as maintaining and upgrading utility assets can require substantial capital expenditures.
Market conditions and economic downturns can adversely affect utility companies, including Fortis Inc., leading to potential declines in stock performance.

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$79.32, with a high forecast of C$84.00 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 4 hold ratings, 5 buy ratings and 1 strong buy rating 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 downside of -1.23% based on their 12-month stock forecasts.

Fortis has been rated by research analysts at Barclays, National Bank Financial, Raymond James Financial, and TD 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.

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This page (TSE:FTS) was last updated on 6/23/2026 by MarketBeat.com Staff.

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Fortis (FTS) Stock Forecast & Price Target