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Fortescue Metals Group Ltd (AU:FMG)
ASX:FMG
Australian Market
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Fortescue Metals Group Ltd (FMG) Share Forecast & Price Target

972 Followers
See the Price Targets and Ratings of:

FMG Analyst Ratings

Hold
9Ratings
Hold
2 Buy
3 Hold
4 Sell
Based on 9 analysts giving stock ratings to
Fortescue
Metals Group Ltd
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

FMG Stock 12 Month Forecast

Average Price Target

AU$19.28
▼(-9.17% Downside)
Based on 9 Wall Street analysts offering 12 month price targets for Fortescue Metals Group Ltd in the last 3 months. The average price target is AU$19.28 with a high forecast of AU$22.00 and a low forecast of AU$16.00. The average price target represents a -9.17% change from the last price of AU$21.23.
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Highest Price TargetAU$22.00Average Price TargetAU$19.28Lowest Price TargetAU$16.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bell Potter Analyst forecast on AU:FMG
Bell Potter
Bell Potter
AU$18.15
Sell
-14.51%
Downside
Downgraded
04/30/26
Bell Potter downgrades Fortescue Metals Group Ltd (FSUMF) to a Sell
Ord Minnett Analyst forecast on AU:FMG
Unknown Analyst
Ord Minnett
Not Ranked
Ord Minnett
AU$22.5AU$20
Buy
-5.79%
Downside
Reiterated
04/28/26
Fortescue Metals Group Ltd (FSUMF): New Buy Recommendation for This Basic Materials Giant
UBS
AU$20.4AU$19.4
Hold
-8.62%
Downside
Reiterated
04/28/26
UBS Reaffirms Their Hold Rating on Fortescue Metals Group Ltd (FSUMF)
Macquarie Analyst forecast on AU:FMG
Unknown Analyst
Macquarie
Not Ranked
Macquarie
AU$22
Buy
3.63%
Upside
Reiterated
04/27/26
Fortescue Metals Group Ltd (FSUMF): New Buy Recommendation for This Basic Materials Giant
Morgan Stanley Analyst forecast on AU:FMG
Morgan Stanley
Morgan Stanley
AU$19.4
Sell
-8.62%
Downside
Reiterated
04/27/26
Analysts Offer Insights on Materials Companies: Fortescue Metals Group Ltd (Other OTC: FSUMF) and Regis Resources Limited (Other OTC: RGRNF)
RBC Capital Analyst forecast on AU:FMG
RBC Capital
RBC Capital
AU$22AU$21
Hold
-1.08%
Downside
Reiterated
04/24/26
Analysts Offer Insights on Materials Companies: FRESNILLO (Other OTC: FNLPF), Resolute Mining (Other OTC: RMGGF) and Fortescue Metals Group Ltd (Other OTC: FSUMF)
Jefferies Analyst forecast on AU:FMG
Jefferies
Jefferies
AU$17.2AU$16.5
Sell
-22.28%
Downside
Reiterated
04/24/26
Jefferies Remains a Sell on Fortescue Metals Group Ltd (FSUMF)
Jarden Analyst forecast on AU:FMG
Jarden
Jarden
AU$16.4AU$16
Sell
-24.63%
Downside
Reiterated
04/24/26
Analysts' Opinions Are Mixed on These Materials Stocks: Fortescue Metals Group Ltd (Other OTC: FSUMF) and American Rare Earths (Other OTC: ARRNF)
Morgans
AU$20.6AU$21.1
Hold
-0.61%
Downside
Reiterated
04/13/26
Fortescue Metals Group Ltd (FSUMF) Receives a Hold from Morgans
Goldman Sachs Analyst forecast on AU:FMG
Unknown Analyst
Goldman Sachs
Not Ranked
Goldman Sachs
AU$19.3AU$22.7
Hold
6.92%
Upside
Reiterated
01/13/26
Goldman Sachs Keeps Their Hold Rating on Fortescue Metals Group Ltd (FSUMF)
J.P. Morgan Analyst forecast on AU:FMG
J.P. Morgan
J.P. Morgan
AU$20AU$21
Hold
-1.08%
Downside
Reiterated
10/23/25
Analysts Offer Insights on Materials Companies: Fortescue Metals Group Ltd (Other OTC: FSUMF) and Alcoa (NYSE: AA)
Citi
AU$19.1
Hold
-10.03%
Downside
Reiterated
10/08/25
Citi Keeps Their Hold Rating on Fortescue Metals Group Ltd (FSUMF)
CLSA
AU$17.3AU$17.25
Sell
-18.75%
Downside
Downgraded
08/27/25
Fortescue Metals Group Ltd (FSUMF): New Sell Recommendation for This Basic Materials Giant
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bell Potter Analyst forecast on AU:FMG
Bell Potter
Bell Potter
AU$18.15
Sell
-14.51%
Downside
Downgraded
04/30/26
Bell Potter downgrades Fortescue Metals Group Ltd (FSUMF) to a Sell
Ord Minnett Analyst forecast on AU:FMG
Unknown Analyst
Ord Minnett
Not Ranked
Ord Minnett
AU$22.5AU$20
Buy
-5.79%
Downside
Reiterated
04/28/26
Fortescue Metals Group Ltd (FSUMF): New Buy Recommendation for This Basic Materials Giant
UBS
AU$20.4AU$19.4
Hold
-8.62%
Downside
Reiterated
04/28/26
UBS Reaffirms Their Hold Rating on Fortescue Metals Group Ltd (FSUMF)
Macquarie Analyst forecast on AU:FMG
Unknown Analyst
Macquarie
Not Ranked
Macquarie
AU$22
Buy
3.63%
Upside
Reiterated
04/27/26
Fortescue Metals Group Ltd (FSUMF): New Buy Recommendation for This Basic Materials Giant
Morgan Stanley Analyst forecast on AU:FMG
Morgan Stanley
Morgan Stanley
AU$19.4
Sell
-8.62%
Downside
Reiterated
04/27/26
Analysts Offer Insights on Materials Companies: Fortescue Metals Group Ltd (Other OTC: FSUMF) and Regis Resources Limited (Other OTC: RGRNF)
RBC Capital Analyst forecast on AU:FMG
RBC Capital
RBC Capital
AU$22AU$21
Hold
-1.08%
Downside
Reiterated
04/24/26
Analysts Offer Insights on Materials Companies: FRESNILLO (Other OTC: FNLPF), Resolute Mining (Other OTC: RMGGF) and Fortescue Metals Group Ltd (Other OTC: FSUMF)
Jefferies Analyst forecast on AU:FMG
Jefferies
Jefferies
AU$17.2AU$16.5
Sell
-22.28%
Downside
Reiterated
04/24/26
Jefferies Remains a Sell on Fortescue Metals Group Ltd (FSUMF)
Jarden Analyst forecast on AU:FMG
Jarden
Jarden
AU$16.4AU$16
Sell
-24.63%
Downside
Reiterated
04/24/26
Analysts' Opinions Are Mixed on These Materials Stocks: Fortescue Metals Group Ltd (Other OTC: FSUMF) and American Rare Earths (Other OTC: ARRNF)
Morgans
AU$20.6AU$21.1
Hold
-0.61%
Downside
Reiterated
04/13/26
Fortescue Metals Group Ltd (FSUMF) Receives a Hold from Morgans
Goldman Sachs Analyst forecast on AU:FMG
Unknown Analyst
Goldman Sachs
Not Ranked
Goldman Sachs
AU$19.3AU$22.7
Hold
6.92%
Upside
Reiterated
01/13/26
Goldman Sachs Keeps Their Hold Rating on Fortescue Metals Group Ltd (FSUMF)
J.P. Morgan Analyst forecast on AU:FMG
J.P. Morgan
J.P. Morgan
AU$20AU$21
Hold
-1.08%
Downside
Reiterated
10/23/25
Analysts Offer Insights on Materials Companies: Fortescue Metals Group Ltd (Other OTC: FSUMF) and Alcoa (NYSE: AA)
Citi
AU$19.1
Hold
-10.03%
Downside
Reiterated
10/08/25
Citi Keeps Their Hold Rating on Fortescue Metals Group Ltd (FSUMF)
CLSA
AU$17.3AU$17.25
Sell
-18.75%
Downside
Downgraded
08/27/25
Fortescue Metals Group Ltd (FSUMF): New Sell Recommendation for This Basic Materials Giant
Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector
Find stocks in the Basic Materials sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Fortescue Metals Group Ltd

3 Months
xxx
Success Rate
6/9 ratings generated profit
67%
Average Return
-3.54%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of -3.54% per trade.
1 Year
Robert SteinMacquarie
Success Rate
13/26 ratings generated profit
50%
Average Return
+1.00%
Copying Robert Stein's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +1.00% per trade.
2 Years
xxx
Success Rate
17/26 ratings generated profit
65%
Average Return
+0.65%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 65.38% of your transactions generating a profit, with an average return of +0.65% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

FMG Analyst Recommendation Trends

Rating
Dec 25
Jan 26
Feb 26
Mar 26
Apr 26
Strong Buy
0
0
0
0
0
Buy
4
3
4
4
6
Hold
11
8
12
14
13
Sell
6
11
15
13
10
Strong Sell
0
0
0
0
0
total
21
22
31
31
29
In the current month, FMG has received 6 Buy Ratings, 13 Hold Ratings, and 10 Sell Ratings. FMG average Analyst price target in the past 3 months is 19.28.
Each month's total comprises the sum of three months' worth of ratings.

FMG Financial Forecast

FMG Earnings Forecast

Next quarter’s earnings estimate for FMG is AU$0.79 with a range of AU$0.76 to AU$0.83. The previous quarter’s EPS was AU$0.87. FMG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year FMG has Performed in-line its overall industry.
Next quarter’s earnings estimate for FMG is AU$0.79 with a range of AU$0.76 to AU$0.83. The previous quarter’s EPS was AU$0.87. FMG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year FMG has Performed in-line its overall industry.

FMG Sales Forecast

Next quarter’s sales forecast for FMG is AU$11.29B with a range of AU$10.36B to AU$12.36B. The previous quarter’s sales results were AU$12.88B. FMG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year FMG has Performed in-line its overall industry.
Next quarter’s sales forecast for FMG is AU$11.29B with a range of AU$10.36B to AU$12.36B. The previous quarter’s sales results were AU$12.88B. FMG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year FMG has Performed in-line its overall industry.

FMG Stock Forecast FAQ

What is AU:FMG’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortescue Metals Group Ltd’s 12-month average price target is 19.28.
    What is AU:FMG’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for AU:FMG, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Fortescue Metals Group Ltd a Buy, Sell or Hold?
        Fortescue Metals Group Ltd has a consensus rating of Hold, which is based on 2 buy ratings, 3 hold ratings and 4 sell ratings.
          What is Fortescue Metals Group Ltd’s share price target?
          The average share price target for Fortescue Metals Group Ltd is 19.28. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is AU$22.00 ,and the lowest forecast is AU$16.00. The average share price target represents -9.17% Decrease from the current price of AU$21.23.
            What do analysts say about Fortescue Metals Group Ltd?
            Fortescue Metals Group Ltd’s analyst rating consensus is a Hold. This is based on the ratings of 9 Wall Streets Analysts.
              How can I buy shares of Fortescue Metals Group Ltd?
              To buy shares of AU:FMG, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.