Fortescue Metals Group Ltd
ASX:FMG

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Fortescue Metals Group Ltd Logo
Fortescue Metals Group Ltd
ASX:FMG
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Price: 22.29 AUD 0.54% Market Closed
Market Cap: 68.6B AUD

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 19.65 AUD with a low forecast of 16.67 AUD and a high forecast of 24.15 AUD.

Lowest
Price Target
16.67 AUD
25% Downside
Average
Price Target
19.65 AUD
12% Downside
Highest
Price Target
24.15 AUD
8% Upside
Fortescue Metals Group Ltd Competitors:
Price Targets
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Acerinox SA
19% Upside
1321
East Pipes Integrated Company for Industry CJSC
33% Upside
NKG
Nam Kim Steel JSC
2% Downside
PENIND
Pennar Industries Ltd
62% Upside
2211
Evergreen Steel Corp
11% Downside
639
Shougang Fushan Resources Group Ltd
13% Upside
MIDHANI
Mishra Dhatu Nigam Ltd
56% Upside
JSWSTEEL
JSW Steel Ltd
10% Upside

Revenue
Forecast

Revenue Estimate
Fortescue Metals Group Ltd

For the last 13 years the compound annual growth rate for Fortescue Metals Group Ltd's revenue is 7%. The projected CAGR for the next 3 years is -1%.

7%
Past Growth
-1%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Fortescue Metals Group Ltd

For the last 13 years the compound annual growth rate for Fortescue Metals Group Ltd's operating income is 5%. The projected CAGR for the next 3 years is -7%.

5%
Past Growth
-7%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Fortescue Metals Group Ltd

For the last 13 years the compound annual growth rate for Fortescue Metals Group Ltd's net income is 6%. The projected CAGR for the next 3 years is -6%.

6%
Past Growth
-6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss
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
19.65 AUD

According to Wall Street analysts, the average 1-year price target for FMG is 19.65 AUD with a low forecast of 16.67 AUD and a high forecast of 24.15 AUD.

What is Fortescue Metals Group Ltd's Revenue forecast?
Projected CAGR
-1%

For the last 13 years the compound annual growth rate for Fortescue Metals Group Ltd's revenue is 7%. The projected CAGR for the next 3 years is -1%.

What is Fortescue Metals Group Ltd's Operating Income forecast?
Projected CAGR
-7%

For the last 13 years the compound annual growth rate for Fortescue Metals Group Ltd's operating income is 5%. The projected CAGR for the next 3 years is -7%.

What is Fortescue Metals Group Ltd's Net Income forecast?
Projected CAGR
-6%

For the last 13 years the compound annual growth rate for Fortescue Metals Group Ltd's net income is 6%. The projected CAGR for the next 3 years is -6%.

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