Fortis Inc. (FTS)

Fortis Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Fortis.

Analyst Consensus: n/a

No price target forecast data available

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for Fortis.

Recommendation Trends

Rating	Mar '23	Apr '23	May '23	Jun '23	Jul '23	Aug '23
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	2	2	2	2	2	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Kuske Credit Suisse	Credit Suisse	Hold Maintains $62 → $61	Hold	Maintains	$62 → $61	+37.89%	Aug 24, 2023
David Quezada Raymond James	Raymond James	Buy Maintains $65 → $62	Buy	Maintains	$65 → $62	+41.31%	Aug 3, 2023
Maurice Choy RBC Capital	RBC Capital	Hold Reiterates $65	Hold	Reiterates	$65	+48.15%	Mar 24, 2023
David Quezada Raymond James	Raymond James	Hold → Buy Upgrades $58	Hold → Buy	Upgrades	$58	+32.19%	Oct 19, 2022
Mike Doyle Edward Jones	Edward Jones	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jul 27, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

12.71B

Increased by 10.46%

from 11.51B

Revenue Next Year

13.35B

Increased by 5.03%

from 12.71B

EPS This Year

3.44

Increased by 6.17%

from 3.24

EPS Next Year

3.59

Increased by 4.48%

from 3.44

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.94B	9.45B	11.04B	11.52B	11.51B	12.71B	13.35B	14.06B
Revenue Growth	1.73%	5.74%	16.88%	4.29%	-0.08%	10.46%	5.03%	5.29%
EPS	2.60	2.61	2.78	3.10	3.24	3.44	3.59	3.81
EPS Growth	-31.22%	0.38%	6.47%	11.44%	4.62%	6.17%	4.48%	6.11%
Forward PE	-	-	-	-	-	18.45	17.66	16.64
No. Analysts	-	-	-	-	-	15	13	9

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	14.8B	15.4B	16.5B
Avg	12.7B	13.4B	14.1B
Low	11.4B	11.7B	12.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	28.9%	21.3%	23.8%
Avg	10.5%	5.0%	5.3%
Low	-0.9%	-8.1%	-8.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.71	3.92	4.18
Avg	3.44	3.59	3.81
Low	3.25	3.39	3.63

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	14.4%	13.9%	16.3%
Avg	6.2%	4.5%	6.1%
Low	0.4%	-1.4%	0.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.