Fortescue Ltd (ASX:FMG)
18.06
+0.38 (2.15%)
Aug 19, 2026, 4:10 PM AEST
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 $17.77. The average 1-year stock price forecast is 1.61% lower than the current stock price, while the lowest is $15.07 (-16.56%) and the highest is $22.94 (+27.02%).
Price Target: $17.77 (-1.61%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 9 | 8 | 9 | 9 | 8 | 9 |
| Sell | 4 | 4 | 4 | 4 | 3 | 3 |
| Strong Sell | 2 | 3 | 3 | 3 | 4 | 3 |
| Total | 16 | 16 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy Maintains $20.00 | Buy | Maintains | $20.00 | +10.74% | Aug 3, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $20.50 → $20.00 | Buy | Maintains | $20.50 → $20.00 | +10.74% | Aug 3, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $17.25 → $15.55 | Sell | Maintains | $17.25 → $15.55 | -13.90% | Aug 3, 2026 |
| Bell Potter | Bell Potter | Hold Upgrades $17.40 | Hold | Upgrades | $17.40 | -3.65% | Aug 3, 2026 |
| UBS | UBS | Hold Maintains $19.70 → $19.05 | Hold | Maintains | $19.70 → $19.05 | +5.48% | Aug 3, 2026 |
Financial Forecast
Revenue This Year
16.84B
from 15.54B
Increased by 8.37%
Revenue Next Year
15.63B
from 16.84B
Decreased by -7.20%
EPS This Year
1.17
from 1.10
Increased by 7.08%
EPS Next Year
0.88
from 1.17
Decreased by -25.07%
EPS and Forward PE are based on non-GAAP adjusted numbers.