Should You Buy Fortis Inc (FTS) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
53.620
1 Day change
0.47%
52 Week Range
53.980
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor who wants to enter immediately. The stock is technically extended (short-term overbought and near resistance) and the provided pattern-based outlook implies weaker returns over the next week/month. Fortis remains a high-quality defensive utility for long-term holding, but at today’s level the risk/reward is not attractive enough to call it a buy right now.
Technical Analysis
Price/Trend: FTS closed at 53.98 (slightly up vs. 53.70 prior close). Trend is bullish by moving averages (SMA_5 > SMA_20 > SMA_200), suggesting an established uptrend.
Momentum: MACD histogram is positive (0.181) and expanding, which supports bullish momentum.
Overbought/Entry risk: RSI_6 is 72.635, which is typically considered overbought short-term, increasing the odds of a pullback or sideways consolidation.
Levels: Pivot 52.593. Immediate resistance R1 53.567 (price is already above this) and next resistance R2 54.169 (close overhead). Support S1 51.619.
Short-term probability model (given): Similar-pattern stats suggest ~-3.64% over the next week and ~-10.66% over the next month, which argues against buying right now.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Open interest: Calls 651 vs puts 481; put/call OI ratio 0.74 is mildly bullish (more call positioning than put).
Volume/Sentiment today: Option volume is reported as 0 (put-call volume ratio 0.0), so there’s no meaningful same-day sentiment confirmation from flow.
Volatility: 30D IV 17.16 vs historical vol 12.35 (IV > HV), and IV percentile 64 suggests options are not cheap; sentiment is not strongly risk-on, but positioning leans slightly bullish via open interest.
Technical Summary
Sell
4
Buy
9
Positive Catalysts
Analyst price targets were raised broadly on 2025-11-05, indicating improving Street confidence in the forward outlook.
Utilities typically benefit from defensive demand and regulated rate-base growth; RBC highlighted a stronger 5-year rate base CAGR (7.0%) and potential incremental load growth (e.g., data centers).
Next known event: QDEC 2025 earnings on 2026-02-12 (pre-market) could be a catalyst if results/guide are strong.
Neutral/Negative Catalysts
Technical near-term: RSI overbought and price is approaching the next resistance (R2 54.169), increasing the probability of a pullback.
Model-based outlook provided is negative over 1-week and 1-month horizons.
Fundamentals: In 2025/Q3, EPS (-4.71% YoY) and net income (-2.62% YoY) declined despite revenue growth, which can cap near-term upside.
News: No news in the last week, so there’s no fresh catalyst to justify chasing strength.
Influential/Political flows: No recent congress trading data available; no notable hedge fund or insider accumulation trend reported (both neutral).
Financial Performance
Latest quarter: 2025/Q3.
Revenue: 2.938B, up +6.03% YoY (solid top-line growth).
Net income: 409M, down -2.62% YoY (profitability softer).
EPS: 0.81, down -4.71% YoY (earnings per share declined).
Gross margin: 56.54%, up +0.82% YoY (margin improved slightly).
Overall: Growth is present on revenue and margin, but earnings/EPS softness suggests the stock may not have immediate fundamental momentum to support buying at an overbought technical level.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend (2025-11-05): Multiple firms raised price targets (RBC to C$79, TD to C$79, Scotiabank to C$74, National Bank to C$68, BMO to C$74, CIBC to C$75). Ratings are mixed but skew moderate-positive: TD maintained Buy; CIBC maintained Outperformer; several others maintained Sector/Market Perform.
Wall Street pros vs cons view:
Pros: Visible regulated utility growth profile, improving/steady rate-base growth outlook, and diversified footprint with potential load-growth upside.
Cons: Many analysts remain neutral (Sector/Market Perform), implying upside may be more limited from current levels; earnings/EPS recently declined YoY, which supports a more cautious stance on near-term upside.
Wall Street analysts forecast FTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTS is 53.87 USD with a low forecast of 49.5 USD and a high forecast of 57.51 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast FTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTS is 53.87 USD with a low forecast of 49.5 USD and a high forecast of 57.51 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
4 Hold
1 Sell
Hold
Current: 53.370
Low
49.5
Averages
53.87
High
57.51
Current: 53.370
Low
49.5
Averages
53.87
High
57.51
RBC Capital
Robert Kwan
Sector Perform
maintain
$72 -> $79
AI Analysis
2025-11-05
Reason
RBC Capital
Robert Kwan
Price Target
$72 -> $79
AI Analysis
2025-11-05
maintain
Sector Perform
Reason
RBC Capital analyst Robert Kwan raised the firm's price target on Fortis to C$79 from C$72 and keeps a Sector Perform rating on the shares. The company continues to benefit from the favourable energy demand growth trends across its diverse utility footprint, which underpin its improved 7.0% five-year rate base CAGR, with perhaps more to come including in Arizona to accommodate load growth associated with potential data centers, the analyst tells investors in a research note.
TD Securities
John Mould
Buy
maintain
$77 -> $79
2025-11-05
Reason
TD Securities
John Mould
Price Target
$77 -> $79
2025-11-05
maintain
Buy
Reason
TD Securities analyst John Mould raised the firm's price target on Fortis to C$79 from C$77 and keeps a Buy rating on the shares.
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