Fortescue Metals Group Stock Forecast for 2023 - 2025 - 2030

Updated on 11/29/2023

Stock Rating
16
Price Target
$11.98
Consensus
Underperform
Downside
-51.85%
Analysts
7
Stock Rating
16
Downside
-51.85%
Analysts
7
Price Target
$11.98

Fortescue Metals Group Stock Forecast and Price Target

The average price target of $11.98 for Fortescue Metals Group's stock set by seven distinguished analysts in recent weeks would represent a potential downside of approximately -51.85% from the last closing price in November, 2023 if reached by the end of the year. This potential increase is based on a high estimate of $15.65 and a low estimate of $10.09. If you are interested in FMG stock, it is important to also consider its competitors.

$11.98

-51.85% Downside

Underperform
Underperform

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

In the last four years, Fortescue Metals Group's Price has grown, moving from $3.62 to $18.63 – an increase of 414.29%. In the following year, 9 experts forecast that Fortescue Metals Group's Fair Value will decrease by 10.56%, to $16.66. In 2030, professionals predict that Fortescue Metals Group's Fair Value will decrease by 49.52%, to $9.40.

2024 Fair Value Forecast
$16.66
2024 Fair Value Forecast
$16.66
2025 Fair Value Forecast
$12.01
2025 Fair Value Forecast
$12.01
2026 Fair Value Forecast
$11.39
2026 Fair Value Forecast
$11.39
2027 Fair Value Forecast
$9.94
2027 Fair Value Forecast
$9.94
2028 Fair Value Forecast
$8.69
2028 Fair Value Forecast
$8.69
2029 Fair Value Forecast
$9.11
2030 Fair Value Forecast
$9.40
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
XOM Stock Forecast Exxon Mobil Corp Outperform 4
$103.90 Buy/Sell $126.91 18.29%
RELIANCE Stock Forecast Reliance Industries Outperform 4
Rp2.40k Buy/Sell Rp2.87k 16.26%
COP Stock Forecast ConocoPhillips Outperform 5
$114.98 Buy/Sell $136.20 20.02%
RIO Stock Forecast Rio Tinto Group Outperform 7
£54.32 Buy/Sell £71.80 31.30%
BP. Stock Forecast BP p.l.c. Outperform 3
£4.66 Buy/Sell £6.78 51.07%

Fortescue Metals Group Revenue Forecast for 2023 - 2025 - 2030

In the last four years, Fortescue Metals Group's Revenue has grown, moving from $9.97B to $16.87B – an increase of 69.30%. 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
GLEN Stock Forecast Glencore Outperform 2
£4.47 Buy/Sell £6.74 47.65%
VALE3 Stock Forecast Vale Buy 6
R$73.47 Buy/Sell R$18.96 -74.13%
883 Stock Forecast CNOOC Outperform 2
HK$12.98 Buy/Sell HK$12.77 13.71%

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

In the last four years, Fortescue Metals Group's Dividend per Share has seen an increase, rising from $0.30 to $1.16. This represents a growth of 286.67%. 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
SCCO Stock Forecast Southern Copper Corp Underperform 8
$71.84 Buy/Sell $62.82 -11.61%
FCX Stock Forecast Freeport-McMoRan Inc Outperform 7
$37.22 Buy/Sell $46.89 22.11%
NEM Stock Forecast Newmont Goldcorp Corp Outperform 10
$40.57 Buy/Sell $50.10 20.78%

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

In the last four years, Free Cash Flow for Fortescue Metals Group has grown by 14.26%, going from $3.33B to $3.80B. In the following year, the 5 analysts surveyed believe that Fortescue Metals Group's Free Cash Flow will decrease by 6.76%, reaching $3.54B. According to professionals, by 2030, Fortescue Metals Group's Free Cash Flow will have decreased by 39.39%, falling down to $2.30B.

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
WDS Stock Forecast Woodside Energy Group Ltd Hold 15
$31.50 Buy/Sell $26.87 -27.65%
AAL Stock Forecast Anglo American Outperform 18
£22.04 Buy/Sell £36.00 45.51%
DVN Stock Forecast Devon Energy Outperform 5
$44.82 Buy/Sell $58.80 22.71%

Fortescue Metals Group Net Income Forecast for 2023 - 2025 - 2030

Fortescue Metals Group's Net Income has seen growth In the last four years, going from $3.19B to $4.80B – a gain of 50.55% In the next year, analysts believe that Net Income will reach $4.96B – an increase of 3.39%. In 2030, the professionals' prediction is that FMG's Net Income will decrease by 41.73%, reaching $2.80B.

2024 NI Forecast
$4.96B
2024 NI Forecast
$4.96B
2025 NI Forecast
$3.77B
2025 NI Forecast
$3.77B
2026 NI Forecast
$3.64B
2026 NI Forecast
$3.64B
2027 NI Forecast
$2.95B
2027 NI Forecast
$2.95B
2028 NI Forecast
$2.59B
2028 NI Forecast
$2.59B
2029 NI Forecast
$2.71B
2030 NI Forecast
$2.80B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ABX Stock Forecast Barrick Gold Outperform 18
C$23.67 Buy/Sell C$21.15 -10.31%
GMKN Stock Forecast Public Joint Stock Company Min... - 9
руб9.59 Buy/Sell руб37.84 -100.00%
AEM Stock Forecast Agnico Eagle Mines Outperform 18
$53.41 Buy/Sell $74.75 21.70%

Fortescue Metals Group EBITDA Forecast for 2023 - 2025 - 2030

Fortescue Metals Group's EBITDA has grown in the last four years, jumping from $5.91B to $9.60B – an increase of 62.41%. The next year, 11 experts forecast that Fortescue Metals Group's EBITDA will decrease by 7.50%, reaching $8.87B. In 2030, professionals predict that Fortescue Metals Group's EBITDA will decrease by 37.76%, reaching $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
ONGC Stock Forecast Oil and Natural Gas Corporatio... Outperform 18
Rp190.65 Buy/Sell Rp185.50 11.72%
500228 Stock Forecast JSW Steel Hold 18
Rp775.55 Buy/Sell Rp751.50 0.57%
TECK.B Stock Forecast Teck Resources Buy 14
C$49.87 Buy/Sell C$35.03 32.34%

Fortescue Metals Group EBIT Forecast for 2023 - 2025 - 2030

In the last four years, Fortescue Metals Group's EBIT has increased by 69.97%, going from $4.71B to $8.01B. According to the 10 analysts polled, in the next year, Fortescue Metals Group's EBIT will fall by 11.87%, reaching $7.06B. By 2030, professionals believe that Fortescue Metals Group's EBIT will have decreased by 63.29%, falling to $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
ANTO Stock Forecast Antofagasta Hold 18
£14.21 Buy/Sell £19.06 19.70%
500470 Stock Forecast Tata Steel Outperform 18
Rp126.70 Buy/Sell Rp1.76k 9.71%
STO Stock Forecast Santos Outperform 17
$7.00 Buy/Sell $5.72 -20.00%

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

In the last four years, Fortescue Metals Group's EPS has grown, moving from $0.35 to $1.80 – an increase of 414.29%. In the following year, 9 experts forecast that Fortescue Metals Group's EPS will decrease by 10.56%, to $1.61. In 2030, professionals predict that Fortescue Metals Group's EPS will decrease by 49.52%, to $0.91.

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
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Rp234.15 Buy/Sell Rp394.61 13.18%
ADANIPOWER Stock Forecast Adani Power 13
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Rp502.20 Buy/Sell Rp523.96 11.51%