Fortis Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Fortis stock has a consensus rating of "Hold" and an average price target of $56. The average 1-year stock price forecast is 2.44% lower than the current stock price, while the lowest is $51 (-11.15%) and the highest is $61 (+6.27%).

Price Target: $56 (-2.44%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$51	$56	$56	$61
Change	-11.15%	-2.44%	-2.44%	+6.27%

Analyst Ratings

The average analyst rating for Fortis stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	3	3	3	3	3	3
Buy	2	2	3	3	3	3
Hold	6	6	6	6	6	6
Sell	3	3	2	2	2	2
Strong Sell	2	2	2	2	2	2
Total	16	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Lonegan Barclays	Barclays	Buy Reiterates $61	Buy	Reiterates	$61	+6.27%	Jul 1, 2026
Mark Jarvi CIBC	CIBC	Buy Maintains $57	Buy	Maintains	$57	-0.62%	Jun 26, 2026
Julien Dumoulin Smith Jefferies	Jefferies	Hold Maintains $56 → $57	Hold	Maintains	$56 → $57	-0.62%	Jun 16, 2026
Maurice Choy RBC Capital	RBC Capital	Hold Maintains $56	Hold	Maintains	$56	-1.85%	May 8, 2026
John Mould TD Cowen	TD Cowen	Buy Maintains $58 → $59	Buy	Maintains	$58 → $59	+3.06%	May 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.09B

from 12.17B

7.57%

from 12.17B

Revenue Next Year

13.89B

from 13.09B

6.08%

from 13.09B

EPS This Year

3.61

from 3.53

2.38%

from 3.53

EPS Next Year

3.87

from 3.61

7.11%

from 3.61

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.45B	11.04B	11.52B	11.51B	12.17B	13.09B
Revenue Growth	5.74%	16.88%	4.29%	-0.08%	5.75%	7.57%
Net Income	1.29B	1.39B	1.57B	1.68B	1.80B	1.85B
EPS	-	-	-	-	3.53	3.61
EPS Growth	-	-	-	-	7.62%	2.38%
Forward PE	-	-	-	-	-	22.51
Dividend / Share	2.05	2.17	2.29	2.39	2.49	2.59
Dividend Growth	-	5.85%	5.53%	4.37%	3.97%	4.40%
Free Cash Flow	-933.00M	-1.61B	-892.38M	-1.81B	-2.63B	-706.00M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	14.8B
Avg	13.1B
Low	12.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	21.6%
Avg	7.6%
Low	2.6%

EPS Forecast

EPS	2026	2027	2028
High	3.73
Avg	3.61
Low	3.52

EPS Growth

EPS Growth	2026	2027	2028
High	5.7%
Avg	2.4%
Low	-0.4%