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Fortescue Metals Group Ltd
ASX:FMG

Watchlist Manager
Fortescue Metals Group Ltd Logo
Fortescue Metals Group Ltd
ASX:FMG
Watchlist
Price: 25.66 AUD 0.35% Market Closed
Updated: May 4, 2024

Wall Street
Price Targets

FMG Price Targets Summary
Fortescue Metals Group Ltd

Wall Street analysts forecast FMG stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FMG is 22.12 AUD with a low forecast of 13.64 AUD and a high forecast of 27.44 AUD.

Lowest
Price Target
13.64 AUD
47% Downside
Average
Price Target
22.12 AUD
14% Downside
Highest
Price Target
27.44 AUD
7% Upside
Fortescue Metals Group Ltd Competitors:
Price Targets
WELCORP
Welspun Corp Ltd
12% Upside
METC
Ramaco Resources Inc
45% Upside
ECOR
Ecora Resources PLC
82% Upside
7HL
Hill & Smith PLC
18% Upside
RANA
Rana Gruber ASA
12% Upside
MMFL
MM Forgings Ltd
2% Upside
JTLIND
JTL Industries Ltd
26% Upside
EREGL.E
Eregli Demir ve Celik Fabrikalari TAS
17% Upside

Revenue
Forecast

Revenue Estimate
Fortescue Metals Group Ltd

For the last 8 years the compound annual growth rate for Fortescue Metals Group Ltd's revenue is 9%. The projected CAGR for the next 3 years is -2%.

9%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Fortescue Metals Group Ltd

For the last 8 years the compound annual growth rate for Fortescue Metals Group Ltd's operating income is 30%. The projected CAGR for the next 3 years is -10%.

30%
Past Growth
-10%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Fortescue Metals Group Ltd

For the last 8 years the compound annual growth rate for Fortescue Metals Group Ltd's net income is 40%. The projected CAGR for the next 3 years is -5%.

40%
Past Growth
-5%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is FMG's stock price target?
Price Target
22.12 AUD

According to Wall Street analysts, the average 1-year price target for FMG is 22.12 AUD with a low forecast of 13.64 AUD and a high forecast of 27.44 AUD.

What is Fortescue Metals Group Ltd's Revenue forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for Fortescue Metals Group Ltd's revenue is 9%. The projected CAGR for the next 3 years is -2%.

What is Fortescue Metals Group Ltd's Operating Income forecast?
Projected CAGR
-10%

For the last 8 years the compound annual growth rate for Fortescue Metals Group Ltd's operating income is 30%. The projected CAGR for the next 3 years is -10%.

What is Fortescue Metals Group Ltd's Net Income forecast?
Projected CAGR
-5%

For the last 8 years the compound annual growth rate for Fortescue Metals Group Ltd's net income is 40%. The projected CAGR for the next 3 years is -5%.