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Fortis (FTS) Stock Forecast & Price Target

Fortis logo
C$71.46 +1.28 (+1.82%)
As of 10/10/2025 04:22 PM Eastern

Fortis - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

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 "Moderate Buy." Out of the 8 analysts, 5 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for FTS.

Consensus Price Target

C$71.22
-0.33% Downside
According to the 8 analysts' twelve-month price targets for Fortis, the average price target is C$71.22. The highest price target for FTS is C$77.00, while the lowest price target for FTS is C$63.00. The average price target represents a forecasted downside of -0.33% from the current price of C$71.46.
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
10/13/24 to 10/13/25
1 Month Ago
9/13/24 to 9/13/25
3 Months Ago
7/15/24 to 7/15/25
1 Year Ago
10/14/23 to 10/13/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price TargetC$71.22C$69.60C$65.14C$60.40
Forecasted Upside-0.33% Downside1.80% Upside0.94% Upside1.10% Upside
Consensus RatingModerate BuyHoldHoldReduce

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
2.38
Consensus RatingModerate BuyHold
News Sentiment Rating
Neutral News

See Recent FTS News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/6/2025Scotiabank
4 of 5 stars
 Boost TargetSector PerformC$70.00 ➝ C$73.00+3.91%
9/15/2025Jefferies Financial Group
2 of 5 stars
 Boost TargetC$70.00 ➝ C$72.00+5.77%
8/5/2025TD Securities
4 of 5 stars
 Boost TargetBuyC$74.00 ➝ C$77.00+10.46%
8/5/2025Desjardins
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 UpgradeHoldModerate BuyC$71.00 ➝ C$76.00+9.02%
8/5/2025Raymond James Financial
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 Boost TargetOutperformC$69.00 ➝ C$72.00+3.29%
8/5/2025National Bankshares
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 Boost TargetSector PerformC$65.00 ➝ C$67.00-3.89%
7/21/2025Cibc World Mkts
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 UpgradeHoldStrong-Buy
5/8/2025Royal Bank Of Canada
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 Boost TargetSector PerformC$69.00 ➝ C$72.00+5.36%
4/24/2025CIBC
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 Boost TargetNeutralC$68.00 ➝ C$69.00+2.72%
3/21/2025UBS Group
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 Boost TargetC$58.00 ➝ C$63.00-2.64%
9/20/2024Bank of America
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 Set TargetUnderperformC$60.00-0.10%
9/5/2024BMO Capital Markets
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 Boost TargetC$59.00 ➝ C$61.00+0.10%
7/25/2024JPMorgan Chase & Co.
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 Boost TargetC$52.00 ➝ C$53.00-6.14%
5/8/2024Wells Fargo & Company
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 Boost TargetC$56.00 ➝ C$59.00+5.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:56 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 Wednesday, October 8, 2025. 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 current stock price is around C$70.34, which has shown resilience and crossed above its 200-day moving average, indicating potential upward momentum.
  • Fortis Inc. has a strong market capitalization of approximately C$35.42 billion, reflecting its stability and significant presence in the utility sector.
  • The company recently declared a quarterly dividend of $0.615 per share, translating to an annualized dividend of $2.46, which offers a dividend yield of 3.5%, appealing to income-focused investors.
  • Analysts have recently upgraded their price targets for Fortis, with several firms raising their ratings, suggesting positive sentiment and potential for stock appreciation.
  • Fortis Inc. operates a diverse portfolio of utility transmission and distribution assets, serving over 3.4 million customers, which provides a stable revenue base and mitigates risks associated with market fluctuations.

Fortis
Bear Case

red Wall Street bear icon

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

  • The stock has experienced a slight decline of about 0.1% recently, which may indicate short-term volatility and investor caution.
  • Fortis Inc. has a relatively high debt-to-equity ratio of 142.31, suggesting that the company relies significantly on debt financing, which could pose risks in a rising interest rate environment.
  • Despite recent upgrades, the consensus rating remains a "Moderate Buy," indicating that some analysts are not fully confident in the stock's potential for significant growth.
  • The company's quick ratio of 0.36 and current ratio of 0.74 suggest potential liquidity concerns, as these ratios indicate that Fortis may struggle to cover short-term liabilities with its current assets.
  • Market conditions can be unpredictable, and as a utility company, Fortis Inc. may face regulatory challenges that could impact its operational efficiency and profitability.

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 C$71.22, with a high forecast of C$77.00 and a low forecast of C$63.00.

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 5 hold ratings, 2 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 -0.33% based on their 12-month stock forecasts.

Over the previous 90 days, Fortis's stock had 3 upgrades by analysts.

Fortis has been rated by research analysts at Cibc World Mkts, Desjardins, Jefferies Financial Group, National Bankshares, Raymond James Financial, Scotiabank, and TD Securities 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 10/13/2025 by MarketBeat.com Staff
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