Fortis Inc. (FTS)
NYSE: FTS · Real-Time Price · USD
46.74
-1.30 (-2.71%)
At close: May 12, 2025, 4:00 PM
46.74
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
Fortis Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Fortis stock has a target of 72, which predicts a 54.04% increase from the current stock price of 46.74.
Price Target: $72.00 (+54.04%)
Analyst Consensus: Hold
Analyst Ratings
According to 1 stock analyst, the rating for Fortis is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $69 → $72 | Hold | Maintains | $69 → $72 | +54.04% | May 8, 2025 |
| Credit Suisse | Credit Suisse | Hold Maintains $62 → $61 | Hold | Maintains | $62 → $61 | +29.44% | Aug 24, 2023 |
| Raymond James | Raymond James | Buy Maintains $65 → $62 | Buy | Maintains | $65 → $62 | +32.65% | Aug 3, 2023 |
| RBC Capital | RBC Capital | Hold Reiterates $65 | Hold | Reiterates | $65 | +39.07% | Mar 24, 2023 |
| Raymond James | Raymond James | Hold → Buy Upgrades $58 | Hold → Buy | Upgrades | $58 | +24.09% | Oct 19, 2022 |
Financial Forecast
Revenue This Year
12.71B
from 11.51B
Increased by 10.47%
Revenue Next Year
13.23B
from 12.71B
Increased by 4.08%
EPS This Year
3.44
from 3.24
Increased by 6.31%
EPS Next Year
3.58
from 3.44
Increased by 3.95%
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 | 13.2B | 13.6B | ||
| Low | 11.4B | 11.7B | 12.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 28.9% | 21.3% | 24.9% | ||
| Avg | 10.5% | 4.1% | 2.8% | ||
| Low | -0.9% | -8.1% | -7.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.71 | 3.80 | 4.16 | ||
| Avg | 3.44 | 3.58 | 3.78 | ||
| Low | 3.26 | 3.40 | 3.56 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.4% | 10.4% | 16.1% | ||
| Avg | 6.3% | 3.9% | 5.6% | ||
| Low | 0.7% | -1.3% | -0.6% |
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.