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Home โบ Stocks โบ Fortis Inc. (FTS) Stock Forecast & Price Prediction Canada | NYSE | Utilities | Utilities - Regulated Electric
$55.90
+0.67 (1.21%)Did FTS Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Fortis is one of their latest high-conviction picks.
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.
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 |
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. 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%.
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Operates electric and gas utilities across multiple regions.
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.
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.
Utilities
Utilities - Regulated Electric
9,800
Mr. David Gerard Hutchens
Canada
2010
FTS stock is experiencing noteworthy activity in the options market, indicating that investors should monitor it closely.
FTS stock's options market activity suggests heightened volatility or significant sentiment shifts, potentially impacting price movements and investment strategies.
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.
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.
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.
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.
Fortis Inc. (FTS:CA) held its Q1 2026 earnings call, detailing financial performance and key updates. For specifics, refer to the full transcript.
The Q1 2026 earnings call provides insights into Fortis Inc.'s financial performance, growth strategies, and market outlook, influencing investor sentiment and stock valuation.
Fortis issued a "Designated News Release" referenced in its December 9, 2024 prospectus supplement related to its short form base shelf prospectus.
The designation indicates regulatory compliance and transparency for Fortis' financial offerings, potentially influencing investor confidence and market perception.
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.
The Fortis Inc. shareholder call provides insights into company performance, strategic direction, and potential impacts on future earnings, influencing investor confidence and stock valuation.
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.
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.
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.
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.
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.
The lowest price target for FTS is $51.00 from at , which represents a -8.8% decrease from the current price of $55.90.
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.
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.
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.