Fortescue Metals Group Stock Forecast for 2023 - 2025 - 2030

Updated on 03/28/2024

Stock Rating
0
Price Target
$15.23
Consensus
Underperform
Downside
-39.18%
Analysts
7
Stock Rating
0
Downside
-39.18%
Analysts
7
Price Target
$15.23

Fortescue Metals Group Stock Forecast and Price Target

The average price target of $15.23 for Fortescue Metals Group's stock set by seven distinguished analysts in recent weeks would represent a potential downside of approximately -39.18% from the last closing price in March, 2024 if reached by the end of the year. This potential increase is based on a high estimate of $17.11 and a low estimate of $11.35. If you are interested in FMG stock, it is important to also consider its competitors.

$15.23

-39.18% Downside

Underperform
Underperform

Fortescue Metals Group Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Fortescue Metals Group's Price has decreased from $14.80 to $0.00 – a 100.00% drop. In the next year, analysts predict that Fair Value will jump to $15.47 – up 100.00% from the current level. Looking ahead to twelve years, experts forecast that Fair Value will grow by 100.00%.

2024 Fair Value Forecast
$15.47
2024 Fair Value Forecast
$15.47
2025 Fair Value Forecast
$11.15
2025 Fair Value Forecast
$11.15
2026 Fair Value Forecast
$10.57
2026 Fair Value Forecast
$10.57
2027 Fair Value Forecast
$9.23
2027 Fair Value Forecast
$9.23
2028 Fair Value Forecast
$8.07
2028 Fair Value Forecast
$8.07
2029 Fair Value Forecast
$8.46
2030 Fair Value Forecast
$8.73
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
XOM Stock Forecast Exxon Mobil Corp Outperform 4
$109.02 Buy/Sell $124.27 12.23%
RELIANCE Stock Forecast Reliance Industries Outperform 10
Rp2.93k Buy/Sell Rp2.77k 2.45%
COP Stock Forecast ConocoPhillips Outperform 6
$115.25 Buy/Sell $135.02 18.26%
883 Stock Forecast CNOOC Outperform 2
HK$17.32 Buy/Sell HK$15.14 -11.37%
RIO Stock Forecast Rio Tinto Group Outperform 7
£48.10 Buy/Sell £71.80 60.29%

Fortescue Metals Group Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Fortescue Metals Group's Revenue has grown, moving from $12.82B to $16.87B – an increase of 31.60%. In the following year, 14 experts forecast that Fortescue Metals Group's Revenue will decrease by 2.89%, to $16.38B. In 2030, professionals predict that Fortescue Metals Group's Revenue will decrease by 25.68%, to $12.54B.

2024 Rev Forecast
$16.38B
2024 Rev Forecast
$16.38B
2025 Rev Forecast
$15.37B
2025 Rev Forecast
$15.37B
2026 Rev Forecast
$15.00B
2026 Rev Forecast
$15.00B
2027 Rev Forecast
$14.18B
2027 Rev Forecast
$14.18B
2028 Rev Forecast
$13.69B
2028 Rev Forecast
$13.69B
2029 Rev Forecast
$12.15B
2029 Rev Forecast
$12.15B
2030 Rev Forecast
$12.54B
2030 Rev Forecast
$12.54B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BP. Stock Forecast BP p.l.c. Outperform 9
£4.72 Buy/Sell £7.50 60.59%
SCCO Stock Forecast Southern Copper Corp Underperform 8
$86.45 Buy/Sell $62.82 -22.50%
GLEN Stock Forecast Glencore Outperform 2
£3.98 Buy/Sell £6.66 52.26%

Fortescue Metals Group Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Fortescue Metals Group's Dividend per Share has decreased by 4.92%, going from $1.22 to $1.16. 13 analysts predict Fortescue Metals Group's Dividend per Share will decrease by 11.21% in the next year, reaching $1.03. By 2030, professionals predict that Fortescue Metals Group's Dividend per Share will decrease by 53.45%, to $0.54.

2024 DPS Forecast
$1.03
2024 DPS Forecast
$1.03
2025 DPS Forecast
$0.69
2025 DPS Forecast
$0.69
2026 DPS Forecast
$0.61
2026 DPS Forecast
$0.61
2027 DPS Forecast
$0.57
2027 DPS Forecast
$0.57
2028 DPS Forecast
$0.50
2028 DPS Forecast
$0.50
2029 DPS Forecast
$0.52
2030 DPS Forecast
$0.54
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FCX Stock Forecast Freeport-McMoRan Outperform 10
$40.42 Buy/Sell $46.30 13.81%
VALE3 Stock Forecast Vale Outperform 5
R$63.96 Buy/Sell R$19.16 -70.68%
ONGC Stock Forecast Oil and Natural Gas Corporatio... Outperform 4
Rp274.00 Buy/Sell Rp206.66 0.36%

Fortescue Metals Group Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$3.54B
2024 FCF Forecast
$3.54B
2025 FCF Forecast
$3.00B
2025 FCF Forecast
$3.00B
2026 FCF Forecast
$2.92B
2026 FCF Forecast
$2.92B
2027 FCF Forecast
$2.73B
2027 FCF Forecast
$2.73B
2028 FCF Forecast
$1.53B
2028 FCF Forecast
$1.53B
2029 FCF Forecast
$1.93B
2030 FCF Forecast
$2.30B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NEM Stock Forecast Newmont Outperform 4
$35.24 Buy/Sell $48.83 27.70%
WDS Stock Forecast Woodside Energy Group Ltd Outperform 2
$29.44 Buy/Sell $22.00 -26.90%
DVN Stock Forecast Devon Energy Outperform 5
$46.67 Buy/Sell $53.50 11.42%

Fortescue Metals Group EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, EBITDA for Fortescue Metals Group has grown by 18.14%, going from $8.12B to $9.60B. In the following year, the 11 analysts surveyed believe that Fortescue Metals Group's EBITDA will decrease by 7.50%, reaching $8.87B. According to professionals, by 2030, Fortescue Metals Group's EBITDA will have decreased by 37.76%, falling down to $5.97B.

2024 EBITDA Forecast
$8.87B
2024 EBITDA Forecast
$8.87B
2025 EBITDA Forecast
$7.65B
2025 EBITDA Forecast
$7.65B
2026 EBITDA Forecast
$7.53B
2026 EBITDA Forecast
$7.53B
2027 EBITDA Forecast
$6.21B
2027 EBITDA Forecast
$6.21B
2028 EBITDA Forecast
$5.66B
2028 EBITDA Forecast
$5.66B
2029 EBITDA Forecast
$5.85B
2030 EBITDA Forecast
$5.97B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AAL Stock Forecast Anglo American Outperform 18
£18.51 Buy/Sell £36.00 43.22%
AEM Stock Forecast Agnico Eagle Mines Outperform 18
$55.64 Buy/Sell $65.33 17.49%
ABX Stock Forecast Barrick Gold Outperform 18
C$21.41 Buy/Sell C$20.96 -6.73%

Fortescue Metals Group EBIT Forecast for 2023 - 2025 - 2030

Fortescue Metals Group's EBIT has grown in the last three years, jumping from $6.85B to $8.01B – an increase of 16.85%. The next year, 10 experts forecast that Fortescue Metals Group's EBIT will decrease by 11.87%, reaching $7.06B. In 2030, professionals predict that Fortescue Metals Group's EBIT will decrease by 63.29%, reaching $2.94B.

2024 EBIT Forecast
$7.06B
2024 EBIT Forecast
$7.06B
2025 EBIT Forecast
$5.66B
2025 EBIT Forecast
$5.66B
2026 EBIT Forecast
$5.32B
2026 EBIT Forecast
$5.32B
2027 EBIT Forecast
$3.93B
2027 EBIT Forecast
$3.93B
2028 EBIT Forecast
$3.04B
2028 EBIT Forecast
$3.04B
2029 EBIT Forecast
$2.78B
2029 EBIT Forecast
$2.78B
2030 EBIT Forecast
$2.94B
2030 EBIT Forecast
$2.94B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
GMKN Stock Forecast Public Joint Stock Company Min... - 9
руб9.59 Buy/Sell руб345.76 -100.00%
500228 Stock Forecast JSW Steel Hold 18
Rp829.40 Buy/Sell Rp775.93 1.34%
500470 Stock Forecast Tata Steel Outperform 18
Rp153.50 Buy/Sell Rp134.68 -5.54%

Fortescue Metals Group EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Fortescue Metals Group's EPS has decreased from $1.54 to $0.00 – a 100.00% drop. In the next year, analysts predict that EPS will jump to $1.61 – up 100.00% from the current level. Looking ahead to twelve years, experts forecast that EPS will grow by 100.00%.

2024 EPS Forecast
$1.61
2024 EPS Forecast
$1.61
2025 EPS Forecast
$1.16
2025 EPS Forecast
$1.16
2026 EPS Forecast
$1.10
2026 EPS Forecast
$1.10
2027 EPS Forecast
$0.96
2027 EPS Forecast
$0.96
2028 EPS Forecast
$0.84
2028 EPS Forecast
$0.84
2029 EPS Forecast
$0.88
2030 EPS Forecast
$0.91
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ANTO Stock Forecast Antofagasta Hold 18
£18.25 Buy/Sell £19.06 7.67%
TECK.B Stock Forecast Teck Resources Outperform 14
C$55.99 Buy/Sell C$35.03 12.52%
STO Stock Forecast Santos Outperform 17
$7.15 Buy/Sell $5.78 -24.06%