AUD18.50
0.11% today
Australia, Dec 30, 06:10 am CET
ISIN
AU000000FMG4
Symbol
FMG

Fortescue Metals Group Target price 2024 - Analyst rating & recommendation

Fortescue Metals Group Classifications & Recommendation:

Buy
17%
Hold
39%
Sell
44%

Fortescue Metals Group Price Target

Target Price AUD19.71
Price AUD18.50
Potential
Number of Estimates 16
16 Analysts have issued a price target Fortescue Metals Group 2025 . The average Fortescue Metals Group target price is AUD19.71. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 18 analysts: 3 Analysts recommend Fortescue Metals Group to buy, 7 to hold and 8 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Fortescue Metals Group stock has an average upside potential 2025 of . Most analysts recommend the Fortescue Metals Group stock at Sale.

Sales and Margin forecast 2025, 2026 to 2029

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Jun '24 2025
Estimates
Revenue Billion AUD 27.80 24.64
10.86% 11.39%
EBITDA Margin 58.39% 48.93%
1.02% 16.20%
Net Margin 31.20% 23.00%
9.65% 26.28%

17 Analysts have issued a sales forecast Fortescue Metals Group 2025 . The average Fortescue Metals Group sales estimate is

AUD24.6b
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. This is
11.41% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
AUD26.8b 3.60%
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, the lowest is
AUD22.6b 18.80%
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.

This results in the following potential growth metrics:

Revenue Estimates

2024 AUD27.8b 10.86%
2025
AUD24.6b 11.39%
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2026
AUD23.9b 2.97%
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2027
AUD22.6b 5.26%
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2028
AUD22.0b 3.07%
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2029
AUD21.7b 1.25%
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17 Analysts have issued an Fortescue Metals Group EBITDA forecast 2025. The average Fortescue Metals Group EBITDA estimate is

AUD12.1b
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. This is
25.77% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
AUD16.8b 3.40%
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, the lowest is
AUD9.3b 42.73%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 AUD16.2b 11.99%
2025
AUD12.1b 25.74%
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2026
AUD11.2b 6.71%
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2027
AUD9.7b 13.47%
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2028
AUD8.9b 8.25%
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2029
AUD9.1b 1.40%
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EBITDA Margin

2024 58.39% 1.02%
2025
48.93% 16.20%
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2026
47.04% 3.86%
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2027
42.97% 8.65%
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2028
40.67% 5.35%
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2029
41.77% 2.70%
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8 Fortescue Metals Group Analysts have issued a net profit forecast 2025. The average Fortescue Metals Group net profit estimate is

AUD5.7b
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. This is
34.66% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
AUD6.5b 25.63%
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, the lowest is
AUD4.9b 43.82%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 AUD8.7b 21.55%
2025
AUD5.7b 34.66%
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2026
AUD5.1b 9.16%
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2027
AUD3.6b 29.25%
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2028
AUD2.5b 30.32%
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2029
AUD2.6b 3.43%
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Net Margin

2024 31.20% 9.65%
2025
23.00% 26.28%
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2026
21.54% 6.35%
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2027
16.08% 25.35%
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2028
11.56% 28.11%
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2029
12.11% 4.76%
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Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

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Jun '24 2025
Estimates
Earnings Per Share AUD 2.82 1.84
21.55% 34.75%
P/E 10.05
EV/Sales 2.34

8 Analysts have issued a Fortescue Metals Group forecast for earnings per share. The average Fortescue Metals Group <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

AUD1.84
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. This is
34.75% lower
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than earnings per share in the financial year 2024. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
AUD2.10 25.53%
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, the lowest is
AUD1.58 43.97%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 AUD2.82 21.55%
2025
AUD1.84 34.75%
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2026
AUD1.67 9.24%
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2027
AUD1.18 29.34%
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2028
AUD0.83 29.66%
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2029
AUD0.85 2.41%
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P/E ratio

Current 6.56 46.36%
2025
10.05 53.20%
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2026
11.07 10.15%
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2027
15.64 41.28%
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2028
22.45 43.54%
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2029
21.70 3.34%
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Based on analysts' sales estimates for 2025, the Fortescue Metals Group stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.07 41.53%
2025
2.34 13.10%
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2026
2.41 3.06%
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2027
2.55 5.56%
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2028
2.63 3.17%
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2029
2.66 1.27%
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P/S ratio

Current 2.05 41.10%
2025
2.31 12.87%
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2026
2.38 3.06%
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2027
2.52 5.56%
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2028
2.60 3.17%
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2029
2.63 1.27%
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