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FTS Stock Forecast: Fortis Inc. Price Predictions for 2026

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$55.90

+0.67 (1.21%)

FTS Stock Forecast 2026-2027

$55.90
Current Price
$28.46B
Market Cap
16 Ratings
Buy 6
Hold 6
Sell 4
Wall St Analyst Ratings

Distance to FTS Price Targets

+9.1%
To High Target of $61.00
+0.2%
To Median Target of $56.00
-8.8%
To Low Target of $51.00

FTS Price Momentum

+1.0%
1 Week Change
-0.4%
1 Month Change
+17.7%
1 Year Change
+7.6%
Year-to-Date Change
-4.9%
From 52W High of $58.78
+20.3%
From 52W Low of $46.46
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Latest FTS Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, FTS has a neutral consensus with a median price target of $56.00 (ranging from $51.00 to $61.00). The overall analyst rating is Buy (6.4/10). Currently trading at $55.90, the median forecast implies a 0.2% upside. This outlook is supported by 6 Buy, 6 Hold, and 4 Sell ratings.

The most optimistic forecast comes from Michael Lonegan at Barclays, projecting a 9.1% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

FTS Analyst Ratings

6
Buy
6
Hold
4
Sell

FTS Price Target Range

Low
$51.00
Average
$56.00
High
$61.00
Current: $55.90

Latest FTS Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for FTS.

Date Firm Analyst Rating Change Price Target
May 8, 2026 Barclays Michael Lonegan Overweight Maintains $61.00
Apr 28, 2026 Barclays Overweight Initiates $N/A
May 8, 2025 RBC Capital Sector Perform Maintains $N/A
Aug 24, 2023 Credit Suisse Neutral Maintains $N/A
Aug 3, 2023 Raymond James Outperform Maintains $N/A
Mar 24, 2023 RBC Capital Sector Perform Reiterates $N/A
Oct 19, 2022 Raymond James Outperform Upgrade $N/A
Jul 27, 2022 Edward Jones Hold Downgrade $N/A
Jan 7, 2022 Scotiabank Sector Perform Downgrade $N/A
Oct 19, 2021 Wolfe Research Underperform Downgrade $N/A
Jun 1, 2021 BMO Capital Market Perform Downgrade $N/A
Jun 5, 2020 UBS Buy Maintains $N/A
Feb 14, 2020 Wells Fargo Overweight Maintains $N/A
Jan 30, 2020 CiBC Neutral Downgrade $N/A
Jan 30, 2020 CIBC Neutral Downgrade $N/A
Nov 22, 2019 Wells Fargo Outperform Reiterates $N/A
Aug 22, 2019 CIBC Neutral Downgrade $N/A
Jan 29, 2019 TD Securities Hold Downgrade $N/A
May 2, 2018 UBS Buy Initiates $N/A
Feb 27, 2017 JP Morgan Neutral Initiates $N/A

Fortis Inc. (FTS) Competitors

The following stocks are similar to Fortis based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Fortis Inc. (FTS) Financial Data

Fortis Inc. has a market capitalization of $28.46B with a P/E ratio of 22.3x. The company generates $8.81B in trailing twelve-month revenue with a 14.7% profit margin.

Revenue growth is +1.9% quarter-over-quarter, while maintaining an operating margin of +28.8% and return on equity of +7.5%.

Valuation Metrics

Market Cap $28.46B
Enterprise Value $47.95B
P/E Ratio 22.3x
PEG Ratio -22.3x
Price/Sales 2.3x

Growth & Margins

Revenue Growth (YoY) +1.9%
Gross Margin +68.5%
Operating Margin +28.8%
Net Margin +14.7%
EPS Growth +0.6%

Financial Health

Cash/Price Ratio +1.3%
Current Ratio 0.5x
Debt/Equity 133.7x
ROE +7.5%
ROA +3.0%
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Fortis Inc. logo

Fortis Inc. (FTS) Business Model

About Fortis Inc.

What They Do

Operates electric and gas utilities across multiple regions.

Business Model

The company generates revenue primarily through regulated utilities that provide electricity and gas services to over 3.4 million customers across Canada, the United States, and the Caribbean. It also engages in wholesale electricity sales and maintains a non-regulated segment that focuses on energy infrastructure and corporate operations.

Additional Information

Founded in 1885 and headquartered in St. John's, Canada, Fortis Inc. has a diverse portfolio of subsidiaries that includes ITC Holdings and UNS Energy Corporation, playing a crucial role in energy transmission and delivery. The company emphasizes its commitment to reliable utility services in both regulated and non-regulated segments.

Company Information

Sector

Utilities

Industry

Utilities - Regulated Electric

Employees

9,800

CEO

Mr. David Gerard Hutchens

Country

Canada

IPO Year

2010

Fortis Inc. (FTS) Latest News & Analysis

Latest News

FTS stock latest news image
Quick Summary

FTS stock is experiencing noteworthy activity in the options market, indicating that investors should monitor it closely.

Why It Matters

FTS stock's options market activity suggests heightened volatility or significant sentiment shifts, potentially impacting price movements and investment strategies.

Source: Zacks Investment Research
Market Sentiment: Neutral
FTS stock latest news image
Quick Summary

CGI's revenue rose 3.3% to $4.16B with diluted EPS up 10.6% to $2.09, driven by acquisitions. ADP's revenue increased 7%, adjusted EPS up 12%, with Employer Services at $3.3B.

Why It Matters

CGI's revenue and EPS growth highlights successful acquisitions, while ADP's strong performance reflects solid client retention. Positive earnings can boost investor confidence and stock valuations.

Source: Seeking Alpha
Market Sentiment: Positive
FTS stock latest news image
Quick Summary

Fortis (NYSE: FTS) reported Q1 2026 results meeting management expectations, advancing a multiyear capital program, and noted increased demand for data centers in its service areas.

Why It Matters

Fortis's stable Q1 results and ongoing capital program signal operational strength, while increasing data center demand may boost future revenue growth, positively impacting investor sentiment.

Source: MarketBeat
Market Sentiment: Positive
FTS stock latest news image
Quick Summary

Fortis Inc. (FTS:CA) held its Q1 2026 earnings call, detailing financial performance and key updates. For specifics, refer to the full transcript.

Why It Matters

The Q1 2026 earnings call provides insights into Fortis Inc.'s financial performance, growth strategies, and market outlook, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
FTS stock latest news image
Quick Summary

Fortis issued a "Designated News Release" referenced in its December 9, 2024 prospectus supplement related to its short form base shelf prospectus.

Why It Matters

The designation indicates regulatory compliance and transparency for Fortis' financial offerings, potentially influencing investor confidence and market perception.

Source: GlobeNewsWire
Market Sentiment: Neutral
FTS stock latest news image
Quick Summary

Fortis Inc. held a shareholder and analyst call, discussing its financial performance and strategic outlook. Key insights from the call may impact investor sentiment and stock valuation.

Why It Matters

The Fortis Inc. shareholder call provides insights into company performance, strategic direction, and potential impacts on future earnings, influencing investor confidence and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About FTS Stock

What is Fortis Inc.'s (FTS) stock forecast for 2026?

Based on our analysis of 2 Wall Street analysts, Fortis Inc. (FTS) has a median price target of $56.00. The highest price target is $61.00 and the lowest is $51.00.

Is FTS stock a good investment in 2026?

According to current analyst ratings, FTS has 6 Buy ratings, 6 Hold ratings, and 4 Sell ratings. The stock is currently trading at $55.90. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for FTS stock?

Wall Street analysts predict FTS stock could reach $56.00 in the next 12 months. This represents a 0.2% increase from the current price of $55.90. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Fortis Inc.'s business model?

The company generates revenue primarily through regulated utilities that provide electricity and gas services to over 3.4 million customers across Canada, the United States, and the Caribbean. It also engages in wholesale electricity sales and maintains a non-regulated segment that focuses on energy infrastructure and corporate operations.

What is the highest forecasted price for FTS Fortis Inc.?

The highest price target for FTS is $61.00 from Michael Lonegan at Barclays, which represents a 9.1% increase from the current price of $55.90.

What is the lowest forecasted price for FTS Fortis Inc.?

The lowest price target for FTS is $51.00 from at , which represents a -8.8% decrease from the current price of $55.90.

What is the overall FTS consensus from analysts for Fortis Inc.?

The overall analyst consensus for FTS is neutral. Out of 2 Wall Street analysts, 6 rate it as Buy, 6 as Hold, and 4 as Sell, with a median price target of $56.00.

How accurate are FTS stock price projections?

Stock price projections, including those for Fortis Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 6, 2026 5:16 AM UTC
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