Fortescue Ltd (ASX:FMG)
Australia flag Australia · Delayed Price · Currency is AUD
18.86
-0.22 (-1.15%)
Jul 30, 2026, 4:20 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 $18.77. The average 1-year stock price forecast is 0.48% lower than the current stock price, while the lowest is $15.29 (-18.93%) and the highest is $23.87 (+26.56%).

Price Target: $18.77 (-0.48%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$15.29$18.77$18.56$23.87
Change-18.93%-0.48%-1.59%+26.56%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy011111
Buy000001
Hold1098998
Sell444443
Strong Sell223334
Total161616171717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Hold
Maintains
$20.00
HoldMaintains$20.00+6.04%Jul 14, 2026
Macquarie
Macquarie
Buy
Maintains
$21.00
BuyMaintains$21.00+11.35%Jul 12, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$18.85$17.25
SellMaintains$18.85$17.25-8.54%Jul 9, 2026
UBS
UBS
Hold
Maintains
$19.70
HoldMaintains$19.70+4.45%Jul 7, 2026
Goldman Sachs
Goldman Sachs
Sell
Downgrades
$16.90
SellDowngrades$16.90-10.39%Jul 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
16.92B
from 15.54B
Increased by 8.87%
Revenue Next Year
15.68B
from 16.92B
Decreased by -7.33%
EPS This Year
1.24
from 1.10
Increased by 13.10%
EPS Next Year
0.94
from 1.24
Decreased by -23.79%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
22.28B17.39B16.87B18.22B15.54B16.92B
Revenue Growth
73.82%-21.96%-2.98%8.00%-14.70%8.87%
Operating Income
15.09B9.10B8.01B8.52B5.16B5.79B
Net Income
10.30B6.20B4.80B5.68B3.37B3.80B
EPS
----1.101.24
EPS Growth
-----40.62%13.10%
Forward PE
6.466.6010.188.5810.4910.69
Dividend / Share
2.681.431.161.310.720.81
Dividend Growth
--46.86%-18.33%12.85%-45.13%11.85%
Free Cash Flow
7.94B3.33B3.79B4.32B2.45B2.99B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High17.5B
Avg16.9B
Low16.1B

Revenue Growth

Revenue Growth202620272028
High
12.8%
Avg
8.9%
Low
3.5%

EPS Forecast

EPS202620272028
High1.31
Avg1.24
Low1.17

EPS Growth

EPS Growth202620272028
High
19.6%
Avg
13.1%
Low
6.8%