Fortis Inc. (FTS)
NYSE: FTS · Real-Time Price · USD
56.70
-0.48 (-0.84%)
May 4, 2026, 2:52 PM EDT - Market open

Fortis Stock Forecast

Stock Price Forecast

The 2 analysts that cover Fortis stock have a consensus rating of "Buy" and an average price target of $67, which forecasts a 18.17% increase in the stock price over the next year. The lowest target is $62 and the highest is $72.

Price Target: $67 (+18.17%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$62$67$72$72
Change+9.35%+18.17%+26.98%+26.98%

Analyst Ratings

The average analyst rating for Fortis stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy000000
Buy000011
Hold111111
Sell000000
Strong Sell000000
Total111122

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Initiates
$62
BuyInitiates$62+9.35%Apr 28, 2026
RBC Capital
RBC Capital
Hold
Maintains
$69$72
HoldMaintains$69$72+26.98%May 8, 2025
Credit Suisse
Credit Suisse
Hold
Maintains
$62$61
HoldMaintains$62$61+6.70%Aug 24, 2023
Raymond James
Raymond James
Buy
Maintains
$65$62
BuyMaintains$65$62+9.35%Aug 3, 2023
RBC Capital
RBC Capital
Hold
Reiterates
$65
HoldReiterates$65+14.64%Mar 24, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
13.52B
from 12.17B
Increased by 11.05%
Revenue Next Year
14.23B
from 13.52B
Increased by 5.32%
EPS This Year
3.68
from 3.40
Increased by 8.15%
EPS Next Year
3.91
from 3.68
Increased by 6.24%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
9.45B11.04B11.52B11.51B12.17B13.52B14.23B
Revenue Growth
5.74%16.88%4.29%-0.08%5.75%11.05%5.32%
EPS
2.612.783.103.243.403.683.91
EPS Growth
0.39%6.47%11.44%4.62%4.94%8.15%6.24%
Forward PE
-----20.9919.75
No. Analysts
-----1716
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High15.6B16.9B
Avg13.5B14.2B
Low12.3B12.7B

Revenue Growth

Revenue Growth20262027202820292030
High
28.3%
25.3%
Avg
11.1%
5.3%
Low
1.5%
-5.7%

EPS Forecast

EPS20262027202820292030
High3.924.18
Avg3.683.91
Low3.513.74

EPS Growth

EPS Growth20262027202820292030
High
15.2%
13.6%
Avg
8.2%
6.2%
Low
3.2%
1.8%
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 sources.