Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Fortis Inc. (FTS) has a Wall Street consensus price target of $50.86, based on estimates from 12 covering analysts. With the stock currently trading at $57.50, this represents a potential downside of -11.5%. The company has a market capitalization of $29.17B.
Analyst price targets range from a low of $46.95 to a high of $61.00, representing a 28% spread in expectations. The median target of $47.74 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 1 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, FTS trades at a trailing P/E of 23.1x and forward P/E of 15.9x. The forward PEG ratio of 3.15 reflects a premium valuation. Analysts expect EPS to grow +31.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $75.34, with bear and bull scenarios of $43.95 and $93.34 respectively. Model confidence stands at 65/100, reflecting moderate uncertainty in projections.
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Start ComparisonFTS's consensus price target is $50.86, -11.5% below the current price of $57.5. The 12 analysts tracking FTS see downside risk at present valuations.
FTS has a consensus rating of "Hold" based on 12 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $50.86 implies -11.5% downside from current levels.
With a forward P/E of 15.8669x, FTS trades at a relatively low valuation. The consensus target of $50.86 implies -11.5% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $61 for FTS, while the most conservative target is $46.9491. The consensus of $50.86 represents the median expectation. Our quantitative valuation model projects a bull case target of $93 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
FTS is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month FTS stock forecast based on 12 Wall Street analysts shows a consensus price target of $50.86, with estimates ranging from $46.9491 (bear case) to $61 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $75, with bear/bull scenarios of $44/$93.
Our quantitative valuation model calculates FTS's fair value at $75 (base case), with a bear case of $44 and bull case of $93. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 65/100.
FTS trades at a forward P/E ratio of 15.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 23.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on FTS, with 1 Sell ratings and a price target of $50.86 (-11.5% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
FTS analyst price targets range from $46.9491 to $61, a 28% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $50.86 consensus represents the middle ground. Our model's $44-$93 range provides an independent fundamental perspective.