Fortescue Ltd (FMG.AX)
Mines iron ore in Australia and develops green energy and hydrogen technology
19.08+0.02%Basic Materials
StockGlow Score
Leaning Bearish
BearishBullish
1 year ago+6.1%
The outlook
Fortescue is trading near its 52-week low, well below both its 50-day and 200-day moving averages, signaling weakness in the near term. Analyst consensus leans toward Hold with modest coverage, and the average price target sits roughly 1% below the current price. The stock's overall momentum and technicals reflect a bearish lean right now.
What’s behind the score
Analyst consensusHold — 3.5 avg of 17 analysts
Price trendBelow its 50- & 200-day averages
52-week range24% of the way from its 52-week low to high
Price targetAvg target -1% vs current price
Analyst price target
~12-month · 17 analysts18.85average target-1.2% vs now
Now 19.08
Low 15.35High 23.96
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$58.73B
52-wk high
23.38
52-wk low
17.68
50-day avg
19.86
200-day avg
20.77
Trailing P/E
11.0