Fortescue Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Fortescue stock has a consensus rating of "Hold" and an average price target of $16.48. The average 1-year stock price forecast is 7.99% higher than the current stock price, while the lowest is $13.42 (-12.06%) and the highest is $21.89 (+43.45%).

Price Target: $16.48 (+7.99%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$13.42	$16.48	$15.82	$21.89
Change	-12.06%	+7.99%	+3.67%	+43.45%

Analyst Ratings

The average analyst rating for Fortescue stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	1	1	1	1
Hold	9	9	8	9	10	10
Sell	4	4	3	4	3	3
Strong Sell	3	3	4	2	2	2
Total	17	17	17	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rahul Anand Morgan Stanley	Morgan Stanley	Sell Maintains $15.45 → $14.55	Sell	Maintains	$15.45 → $14.55	-4.65%	Oct 13, 2026
Lachlan Shaw UBS	UBS	Hold Maintains $16.40 → $15.90	Hold	Maintains	$16.40 → $15.90	+4.19%	Oct 13, 2026
Mitch Ryan Jefferies	Jefferies	Hold Maintains $16.00 → $17.00	Hold	Maintains	$16.00 → $17.00	+11.40%	Oct 12, 2026
Unknown Analyst Ord Minnett No rating	Ord Minnett	Buy Maintains $19.00	Buy	Maintains	$19.00	+24.51%	Oct 11, 2026
James Redfern RBC Capital	RBC Capital	Hold Maintains $18.00 → $17.00	Hold	Maintains	$18.00 → $17.00	+11.40%	Oct 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

15.19B

from 16.97B

-10.48%

from 16.97B

Revenue Next Year

15.08B

from 15.19B

-0.68%

from 15.19B

EPS This Year

0.67

from 1.13

-40.33%

from 1.13

EPS Next Year

0.70

from 0.67

4.03%

from 0.67

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	17.39B	16.87B	18.22B	15.54B	16.97B	15.19B
Revenue Growth	-21.96%	-2.98%	8.00%	-14.70%	9.17%	-10.48%
Gross Profit	9.74B	9.05B	9.55B	6.44B	6.81B	5.93B
Gross Margin	56.01%	53.67%	52.40%	41.43%	40.14%	39.07%
Operating Income	9.10B	8.01B	8.52B	5.16B	5.45B	3.19B
Net Income	6.20B	4.80B	5.68B	3.37B	2.87B	2.07B
EPS	-	-	-	-	1.13	0.67
EPS Growth	-	-	-	-	3.20%	-40.33%
Forward PE	6.60	10.18	8.58	10.49	12.95	15.77
Dividend / Share	1.43	1.16	1.31	0.72	0.75	0.43
Dividend Growth	-46.86%	-18.33%	12.85%	-45.13%	3.60%	-42.89%
Free Cash Flow	-	-	-	-	3.20B	1.27B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	17.9B
Avg	15.2B
Low	13.1B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	5.4%
Avg	-10.5%
Low	-22.8%

EPS Forecast

Chart

EPS	2027	2028	2029
High	0.88
Avg	0.67
Low	0.38

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-22.1%
Avg	-40.3%
Low	-66.4%