Fortescue Ltd (ASX:FMG)
Australia · Delayed Price · Currency is AUD 19.75
-0.22 (-1.10%)
Jun 19, 2026, 4:14 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 $19.19. The average 1-year stock price forecast is 2.84% lower than the current stock price, while the lowest is $15.14 (-23.34%) and the highest is $24.29 (+22.99%).
Price Target: $19.19 (-2.84%)
Analyst Consensus: Hold
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 10 | 9 | 8 | 9 | 9 |
| Sell | 5 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 3 | 2 | 2 | 3 | 3 | 3 |
| Total | 16 | 16 | 16 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $21.00 | Hold | Maintains | $21.00 | +6.33% | Jun 4, 2026 |
| UBS | UBS | Hold Maintains $19.40 | Hold | Maintains | $19.40 | -1.77% | May 26, 2026 |
| Jarden | Jarden | Sell Maintains $16.00 | Sell | Maintains | $16.00 | -18.99% | May 14, 2026 |
| Morgans | Morgans | Hold Maintains $21.10 → $21.80 | Hold | Maintains | $21.10 → $21.80 | +10.38% | May 7, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $19.40 → $18.85 | Sell | Maintains | $19.40 → $18.85 | -4.56% | May 7, 2026 |
Financial Forecast
Revenue This Year
16.90B
from 15.54B
Increased by 8.72%
Revenue Next Year
15.83B
from 16.90B
Decreased by -6.32%
EPS This Year
1.24
from 1.10
Increased by 12.93%
EPS Next Year
0.96
from 1.24
Decreased by -22.35%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 17.5B | ||
| Avg | 16.9B | ||
| Low | 16.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.9% | ||
| Avg | 8.7% | ||
| Low | 2.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.31 | ||
| Avg | 1.24 | ||
| Low | 1.17 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.6% | ||
| Avg | 12.9% | ||
| Low | 6.8% |