FMG Shares Fortescue Ltd
ACCUMULATE ASX · ASXLarge-scale iron ore platform and energy-transition optionality support a value-oriented recovery case.
Future value: $16.01 (+10.44%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Broker target remains above market despite Hold rating.
- ▾Below 50-day MA (-12.25%)
- ▾Near 52-week low (4% of range)
Is FMG a buy right now?
Trend: FMG is trading below the 50-day average (-11.42%), RSI 38 — neutral momentum, with a 3-month return of -22.69%.
Valuation & quality: Fortescue Ltd trades on a trailing P/E of 10.4, forward P/E 15.2, PEG 0.06, price-to-book 1.55; fundamentals show net margin 16.9%, return on equity 14.2%, revenue growth 7.9% year on year.
Analyst consensus: 17 analysts have a mean 12-month price target of A$15.65 (+7.9% vs the last close; range A$12.53 – A$22.03), consensus rating “hold”.
Income: trailing dividend yield 7.57%.
Our screen: ACCUMULATE (score 1) — Large-scale iron ore platform and energy-transition optionality support a value-oriented recovery case.
Computed from end-of-day data; not personal advice.
Our track record with FMG
Our simulated $10,000 funds have traded FMG 2 times — 1 of 2 closed trades profitable.
| Fund | Bought | Sold | Return |
|---|---|---|---|
| ASX Medium-risk | 2026-09-21 @ $16.72 | 2026-09-24 @ $16.75 · AI review sell | +0.18% |
| ASX Medium-risk | 2026-07-14 @ $18.87 | 2026-08-03 @ $18.87 · Monthly rebalance | +0.00% |
Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -0.20% | -6.80% | +13.50% | -14.20% | -3.30% | -4.40% | -7.10% | -11.30% |
Fundamentals
Analyst price target
Technical signals
About Fortescue Ltd
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.