Fortescue Ltd (ASX:FMG)
Australia flag Australia · Delayed Price · Currency is AUD
16.23
-0.03 (-0.18%)
Sep 29, 2026, 2:39 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 $17.47. The average 1-year stock price forecast is 7.64% higher than the current stock price, while the lowest is $15.18 (-6.47%) and the highest is $22.29 (+37.34%).

Price Target: $17.47 (+7.64%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$15.18$17.47$16.76$22.29
Change-6.47%+7.64%+3.27%+37.34%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy111111
Buy000111
Hold8998910
Sell444343
Strong Sell333422
Total161717171717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Sell
Maintains
$15.45
SellMaintains$15.45-4.81%Sep 23, 2026
RBC Capital
RBC Capital
Hold
Maintains
$20.00
HoldMaintains$20.00+23.23%Sep 1, 2026
Jarden
Jarden
Sell
Maintains
$15.40
SellMaintains$15.40-5.11%Aug 22, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Buy
Maintains
$20.00 → $19.50
BuyMaintains$20.00 → $19.50+20.15%Aug 21, 2026
UBS
UBS
Hold
Maintains
$19.05 → $18.35
HoldMaintains$19.05 → $18.35+13.06%Aug 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
15.60B
from 16.97B
Decreased by -8.08%
Revenue Next Year
15.25B
from 15.60B
Decreased by -2.21%
EPS This Year
0.83
from 1.13
Decreased by -26.30%
EPS Next Year
0.79
from 0.83
Decreased by -5.34%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
17.39B16.87B18.22B15.54B16.97B15.60B
Revenue Growth
-21.96%-2.98%8.00%-14.70%9.17%-8.08%
Gross Profit
9.74B9.05B9.55B6.44B6.81B6.40B
Gross Margin
56.01%53.67%52.40%41.43%40.14%41.03%
Operating Income
9.10B8.01B8.52B5.16B5.45B3.97B
Net Income
6.20B4.80B5.68B3.37B2.87B2.47B
EPS
----1.130.83
EPS Growth
----3.20%-26.30%
Forward PE
6.6010.188.5810.4912.9513.67
Dividend / Share
1.431.161.310.720.750.51
Dividend Growth
-46.86%-18.33%12.85%-45.13%3.60%-31.21%
Free Cash Flow
----3.20B1.69B
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High17.8B
Avg15.6B
Low14.5B

Revenue Growth

Revenue Growth202720282029
High
5.0%
Avg
-8.1%
Low
-14.8%

EPS Forecast

EPS202720282029
High1.17
Avg0.83
Low0.53

EPS Growth

EPS Growth202720282029
High
3.5%
Avg
-26.3%
Low
-53.1%