Fortescue Ltd (ASX:FMG)
Australia · Delayed Price · Currency is AUD 18.47
+0.36 (1.99%)
Jul 10, 2026, 4:16 PM AEST
Fortescue Stock Forecast
Stock Price Forecast
According to 17 analysts polled by S&P Global, Fortescue stock has a consensus rating of "Sell" and an average price target of $19.19. The average 1-year stock price forecast is 3.90% higher than the current stock price, while the lowest is $15.42 (-16.51%) and the highest is $24.48 (+32.54%).
Price Target: $19.19 (+3.90%)
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Fortescue stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 10 | 9 | 8 | 9 | 9 | 8 |
| Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 2 | 2 | 3 | 3 | 3 | 4 |
| Total | 16 | 16 | 16 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $19.70 | Hold | Maintains | $19.70 | +6.66% | Jul 7, 2026 |
| Goldman Sachs | Goldman Sachs | Sell Downgrades $16.90 | Sell | Downgrades | $16.90 | -8.50% | Jul 3, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $20.00 → $20.50 | Buy | Maintains | $20.00 → $20.50 | +10.99% | Jul 1, 2026 |
| Macquarie | Macquarie | Buy Maintains $22.00 | Buy | Maintains | $22.00 | +19.11% | Jun 25, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $21.00 | Hold | Maintains | $21.00 | +13.70% | Jun 4, 2026 |
Financial Forecast
Revenue This Year
16.90B
from 15.54B
Increased by 8.76%
Revenue Next Year
15.68B
from 16.90B
Decreased by -7.22%
EPS This Year
1.24
from 1.10
Increased by 12.90%
EPS Next Year
0.95
from 1.24
Decreased by -23.20%
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 | 8.8% | ||
| 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% |