Not a good buy right now: price (~54.32 post-market) is above the key pivot (53.34) and pressing into near-term resistance (R1 54.43 / R2 55.10), leaving limited immediate upside versus downside.
Wall Street view is effectively bearish at current levels: BofA keeps Underperform with a $49 target (still well below the current price), implying downside despite a target raise.
Short-term momentum is positive, but the stock looks extended (RSI(6) ~71.8). With earnings on 2026-02-12 (pre-market), buying here is not attractive for an impatient entry.
Momentum: MACD histogram is positive and expanding (0.156), supporting continued near-term strength.
Overbought/extension: RSI_6 at 71.832 indicates the move is stretched; odds favor consolidation/pullback rather than a clean breakout.
Levels: Pivot 53.344 (key near-term line). Resistance R1 54.429 then R2 55.099; Support S1 52.259 then S2 51.589.
Pattern-based forward odds: +2.15% next day (60% chance), but -1.17% next week and -1.75% next month—near-term pop risk, weaker short horizon follow-through.
Options Data
Bullish
Open Interest Put-Call Ratio
Bearish
Option Volume Put-Call Ratio
Positioning (Open Interest): Put/Call OI ratio 0.68 suggests more call positioning than puts (mildly bullish longer-horizon positioning).
Activity surge: Today’s option volume is ~353% of the 30-day average, signaling elevated attention.
Volatility: IV30 ~19.19 vs historical vol ~13.47 (options priced richer than realized). IV percentile ~46.6 (mid-range), IV rank ~7.6 (low relative to its own range).
Technical Summary
Sell
4
Buy
8
Positive Catalysts
Technical uptrend intact (bullish moving average stack + positive/expanding MACD).
Earnings catalyst upcoming: QDEC 2025 earnings on 2026-02-12 (pre-market) can act as a near-term driver if results/guide impress.
Operational backdrop per analyst preview: expectation of continued rate base growth and constructive execution.
Gross margin improved in the latest reported quarter (2025/Q3).
Neutral/Negative Catalysts
~71.
and is near resistance (54.43–55.10 zone), reducing risk/reward for a fresh buy.
Most recent update (2026-01-30): BofA raised PT to $49 from $46 but kept Underperform.
Rating/target trend: target moved up modestly, but the rating staying Underperform indicates pros still see valuation/upside as unattractive.
Wall Street pros (bull case): regulated utility characteristics + rate base growth + execution consistency can support steady compounding.
Wall Street cons (bear case): current price appears ahead of what analysts view as fair value (PT below market), and recent YoY EPS/net income declines undermine upside conviction.
Politicians/congress: no recent congress trading data available; no influential-figure activity provided.
Wall Street analysts forecast FTS stock price to fall 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 fall 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: 54.990
Low
49.5
Averages
53.87
High
57.51
Current: 54.990
Low
49.5
Averages
53.87
High
57.51
BofA
Underperform
maintain
$46 -> $49
AI Analysis
2026-01-30
Reason
BofA
Price Target
$46 -> $49
AI Analysis
2026-01-30
maintain
Underperform
Reason
BofA raised the firm's price target on Fortis to $49 from $46 and keeps an Underperform rating on the shares after rolling the firm's valuation year forward to 2028. The firm expects Fortis to report Q4 operating EPS of C$0.85, up from C$0.80 in the prior-year quarter, supported by continued rate base growth and constructive execution, the analyst tells investors in a preview.
RBC Capital
Robert Kwan
Sector Perform
maintain
$72 -> $79
2025-11-05
Reason
RBC Capital
Robert Kwan
Price Target
$72 -> $79
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.
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