AUD18.03
1.58% today
Australia, Nov 21, 06:00 am CET
ISIN
AU000000FMG4
Symbol
FMG

Fortescue Metals Group Target price 2024 - Analyst rating & recommendation

Fortescue Metals Group Classifications & Recommendation:

Buy
22%
Hold
33%
Sell
44%

Fortescue Metals Group Price Target

Target Price AUD18.50
Price AUD18.11
Potential
Number of Estimates 17
17 Analysts have issued a price target Fortescue Metals Group 2025 . The average Fortescue Metals Group target price is AUD18.50. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 18 analysts: 4 Analysts recommend Fortescue Metals Group to buy, 6 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 23.20
10.86% 16.56%
EBITDA Margin 58.39% 49.47%
1.02% 15.27%
Net Margin 31.20% 25.64%
9.65% 17.81%

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

AUD23.2b
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. This is
16.58% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
AUD25.4b 8.51%
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, the lowest is
AUD21.3b 23.50%
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.

This results in the following potential growth metrics:

Revenue Estimates

2024 AUD27.8b 10.86%
2025
AUD23.2b 16.56%
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2026
AUD22.8b 1.58%
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2027
AUD21.9b 4.10%
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2028
AUD21.3b 2.82%
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2029
AUD21.3b 0.13%
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17 Analysts have issued an Fortescue Metals Group EBITDA forecast 2025. The average Fortescue Metals Group EBITDA estimate is

AUD11.5b
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. This is
29.34% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
AUD16.3b 0.22%
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, the lowest is
AUD8.8b 45.78%
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.

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

EBITDA Estimates

2024 AUD16.2b 11.99%
2025
AUD11.5b 29.31%
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2026
AUD10.7b 6.72%
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2027
AUD9.5b 10.85%
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2028
AUD8.8b 7.35%
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2029
AUD9.2b 3.78%
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EBITDA Margin

2024 58.39% 1.02%
2025
49.47% 15.27%
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2026
46.89% 5.22%
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2027
43.59% 7.04%
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2028
41.56% 4.66%
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2029
43.08% 3.66%
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9 Fortescue Metals Group Analysts have issued a net profit forecast 2025. The average Fortescue Metals Group net profit estimate is

AUD5.9b
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. This is
31.43% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
AUD9.2b 6.19%
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, the lowest is
AUD4.6b 47.48%
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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
AUD5.9b 31.43%
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2026
AUD5.1b 14.91%
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2027
AUD4.0b 21.03%
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2028
AUD2.9b 27.85%
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2029
AUD2.8b 1.24%
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Net Margin

2024 31.20% 9.65%
2025
25.64% 17.81%
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2026
22.17% 13.53%
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2027
18.25% 17.68%
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2028
13.55% 25.75%
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2029
13.37% 1.33%
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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 1.93
21.55% 31.56%
P/E 9.18
EV/Sales 2.38

9 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

AUD1.93
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. This is
31.56% 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
AUD2.99 6.03%
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, the lowest is
AUD1.48 47.52%
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.

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

Earnings Per Share

2024 AUD2.82 21.55%
2025
AUD1.93 31.56%
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2026
AUD1.65 14.51%
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2027
AUD1.30 21.21%
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2028
AUD0.94 27.69%
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2029
AUD0.93 1.06%
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P/E ratio

Current 6.29 42.19%
2025
9.18 45.95%
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2026
10.79 17.54%
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2027
13.66 26.60%
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2028
18.93 38.58%
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2029
19.17 1.27%
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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 1.99 37.03%
2025
2.38 19.81%
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2026
2.42 1.61%
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2027
2.53 4.28%
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2028
2.60 2.90%
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2029
2.60 0.12%
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P/S ratio

Current 1.96 36.54%
2025
2.35 19.87%
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2026
2.39 1.61%
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2027
2.49 4.28%
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2028
2.57 2.90%
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2029
2.56 0.12%
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