Fortescue (FMG) Stock Price Prediction 2025, 2026, 2030, 2040, 2050
Fortescue Ltd is an Australian company that mines iron ore, especially in the Pilbara region of Western Australia, where it is known for being a low-cost producer. It is also expanding into green energy through its branch, it works on projects like green electricity, hydrogen, ammonia, and green technology. Some of its key projects include iron ore mining at places like Hedland, Chichester Hub, and Iron Bridge, as well as energy projects like Arizona Hydrogen and Pecem. Fortescue is working to become a more sustainable global company.
What is Fortescue Ltd ASX: FMG?
Fortescue is an Australian company founded in 2003 by Andrew Forrest. It is located in Perth, Western Australia. The company mines iron ore, which is used to make steel, and is one of the biggest iron ore producers in the world. It has also built its railways and ports to transport the iron ore. Besides iron ore, the company is working on clean energy projects, like hydrogen, to help protect the environment and create more sustainable energy.
FMG Stock Price Prediction Tomorrow
The stock is in near to its daily time frame support. It shows some respect for the support and doesn’t rectify much stronger. It could be the point of reversal of the trend as the stock has fallen much. So wait for the reaction to this point and do your trade accordingly, for now, it is good to analyse it carefully.
| Day | Minimum Price (AUD $) | Maximum Price (AUD $) |
| Tomorrow | -$0.27 | +$0.51 |
FMG Stock Price Prediction 2025
It is a low-cost iron ore producer that ships over 180 million tonnes of iron ore each year. Since 2008, it has delivered more than 1.7 billion tonnes to customers. The company is also growing into green energy through a branch called Fortescue Future Industries (FFI). Its goal is to become a global leader in both green energy and mining. Its mining operations are in three locations in Pilbara, Western Australia. These sites are linked by rail to its Herb Elliott Port, which has five docks, and the Judith Street Harbour in Port Hedland. In 2025, its stock price would be $26.50, as per our analysis.
By our prediction, its stock price would be between $11.90 to $26.50 in 2025.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2025 | $11.90 | $26.50 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $17.20 | $19.70 |
| February | $16.40 | $20.00 |
| March | $14.50 | $20.75 |
| April | $12.14 | $21.25 |
| May | $11.90 | $21.58 |
| June | $13.25 | $22.25 |
| July | $14.58 | $22.74 |
| August | $15.57 | $22.90 |
| September | $16.41 | $23.51 |
| October | $17.54 | $24.12 |
| November | $18.55 | $25.11 |
| December | $21.15 | $26.50 |
Stock Price Prediction 2026
The company went from producing 55 million tonnes of iron ore in 2012 to about 185 million tonnes in 2022, now providing nearly 10% of the world’s iron ore shipped by sea. It is expected to grow even more when its Iron Bridge magnetite mine, which will produce 22 million tonnes, is finished. However, as China’s economy slows down, Fortescue’s profits may not be as high as before. The company is also starting to focus on producing green hydrogen and ammonia, but these plans are still new. In 2026, its stock price would be $38.02, as per our prediction.
Its stock price would be between $21.15 to $38.02 in 2026, as per our analysis.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2026 | $21.15 | $38.02 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $21.15 | $26.88 |
| February | $22.54 | $27.54 |
| March | $23.74 | $28.64 |
| April | $24.12 | $28.98 |
| May | $25.24 | $29.57 |
| June | $26.30 | $30.22 |
| July | $27.41 | $31.57 |
| August | $28.45 | $32.54 |
| September | $28.78 | $33.57 |
| October | $29.45 | $35.54 |
| November | $31.47 | $37.14 |
| December | $34.24 | $38.02 |
Stock Price Prediction 2027
Fortescue Future Industries, the green energy branch of Fortescue, has partnered with Tree Energy Solutions, a company that builds energy infrastructure, to help create a big green hydrogen and energy import facility in Germany. The first delivery of green hydrogen to TES’s terminal in Wilhelmshaven, Germany, is expected in a few years. Dr Andrew Forrest, Fortescue’s executive chairman, said this investment will help the UK and Europe replace fossil fuels with green energy, and not in 2050, but much sooner. In 2027, its stock price would be $54.11, as per our analysis.
By our prediction, its stock price would be between $34.24 to $54.11 in 2027.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2027 | $34.24 | $54.11 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $34.24 | $38.71 |
| February | $36.14 | $41.25 |
| March | $37.65 | $42.54 |
| April | $39.57 | $43.87 |
| May | $40.24 | $44.14 |
| June | $41.11 | $46.41 |
| July | $41.88 | $47.54 |
| August | $42.27 | $48.41 |
| September | $43.14 | $48.24 |
| October | $42.55 | $50.45 |
| November | $44.57 | $52.47 |
| December | $47.45 | $54.11 |
Stock Price Prediction 2028
Trading Economics says the decrease in iron ore prices is due to lower demand in China. Steelmakers are being cautious and not restocking because production is restarting slowly. The amount of steel available is higher than it was last year, which indicates less demand from industries that use steel. As a result, the demand for iron ore is weak, which causes its price to drop. In 2028, its stock price would be $64.82, as per our prediction.
Its stock price would be between $47.45 to $64.82 in 2028, as per our analysis.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2028 | $47.45 | $64.82 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $47.45 | $55.21 |
| February | $48.45 | $56.47 |
| March | $50.45 | $56.88 |
| April | $49.14 | $57.23 |
| May | $48.41 | $57.88 |
| June | $50.54 | $58.54 |
| July | $53.45 | $59.41 |
| August | $54.58 | $60.24 |
| September | $55.87 | $61.55 |
| October | $56.47 | $62.57 |
| November | $57.41 | $63.54 |
| December | $58.54 | $64.82 |
Stock Price Prediction 2029
It is working hard to set up energy projects around the world that focus on making green hydrogen. The company has decided to invest in hydrogen projects in both the USA and Australia. One project is expected to start soon, allowing the company to produce green hydrogen. Another project is moving ahead with support from a big grant. It plans to produce more green hydrogen in the coming years and also wants to make its mining operations more eco-friendly, aiming to make good progress in the next few years. In 2029, its stock price would be $76.54, as per our analysis.
By our prediction, its stock price would be between $58.54 to $76.54 in 2029.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2029 | $58.54 | $76.54 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $58.54 | $65.41 |
| February | $60.24 | $65.90 |
| March | $61.58 | $67.41 |
| April | $62.44 | $68.74 |
| May | $63.51 | $69.45 |
| June | $64.47 | $70.56 |
| July | $65.74 | $71.45 |
| August | $66.57 | $72.64 |
| September | $68.41 | $73.54 |
| October | $69.48 | $74.48 |
| November | $70.11 | $75.45 |
| December | $71.25 | $76.54 |
FMG Stock Price Prediction 2030
Its main products include iron ore from the Cloudbreak and Christmas Creek mines, along with high-quality iron ore from the Iron Bridge operation. The company is also involved in developing green hydrogen, green electricity, and green ammonia. The iron ore it produces is mostly used in industries like steel production. The company’s products are transported through a network of rail lines and a special pipeline to Port Hedland, where they are then distributed. In 2030, its stock price will be $86.44, as per our prediction.
Its stock price would be between $68.20 to $86.44 in 2030, as per our analysis.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2030 | $68.20 | $86.44 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $71.25 | $76.87 |
| February | $72.54 | $77.65 |
| March | $73.41 | $78.98 |
| April | $74.25 | $79.54 |
| May | $75.15 | $80.22 |
| June | $76.87 | $81.56 |
| July | $77.52 | $82.36 |
| August | $78.45 | $83.58 |
| September | $77.45 | $84.22 |
| October | $78.58 | $84.88 |
| November | $79.56 | $85.41 |
| December | $80.54 | $86.44 |
FMG Stock Price Prediction 2040
Fortescue searches for valuable resources like copper, gold, lithium, and rare earth elements. The company also provides towage services at ports and owns and operates rail and port facilities to help move its products. Fortescue is focused on making green energy, especially green hydrogen, and its by-products like green ammonia. This is part of the company’s goal to support a cleaner and more sustainable future. In 2040, its stock price would be $139.41, as per our analysis.
By our prediction, its stock price would be between $120.14 to $139.41 in 2040.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2040 | $120.14 | $139.41 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $120.14 | $123.58 |
| February | $121.54 | $124.15 |
| March | $122.14 | $125.41 |
| April | $121.31 | $126.74 |
| May | $122.54 | $128.41 |
| June | $123.45 | $129.74 |
| July | $124.56 | $130.58 |
| August | $125.74 | $131.65 |
| September | $126.84 | $133.57 |
| October | $128.54 | $135.56 |
| November | $130.25 | $137.45 |
| December | $133.25 | $139.41 |
FMG Stock Price Prediction 2050
The company had record iron ore shipments and strong financial results, with good cash flow and a solid dividend last year. It is also working on reducing its carbon emissions, including a partnership to provide battery systems for its mining fleet, and aims to be carbon-neutral. The Billion Opportunities program is helping First Nations businesses and the Green Energy projects are moving ahead. Recently, It made a bid to buy Red Hawk Mining and added a new director to its board. In 2050, its stock price would be $220.13, as per our prediction.
Its stock price would be between $190.14 to $220.13 in 2050, as per our analysis.
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2050 | $190.14 | $220.13 |
| Month | Minimum Price (AUD $) | Maximum Price (AUD $) |
| January | $190.14 | $194.25 |
| February | $191.54 | $195.87 |
| March | $192.25 | $196.58 |
| April | $192.74 | $198.56 |
| May | $193.54 | $202.56 |
| June | $195.45 | $204.45 |
| July | $198.41 | $208.56 |
| August | $201.25 | $209.54 |
| September | $204.51 | $211.54 |
| October | $206.58 | $214.54 |
| November | $208.56 | $218.41 |
| December | $213.57 | $220.13 |
Price Summary
| Year | Minimum Price (AUD $) | Maximum Price (AUD $) |
| 2025 | $11.90 | $26.50 |
| 2026 | $21.15 | $38.02 |
| 2027 | $34.24 | $54.11 |
| 2028 | $47.45 | $64.82 |
| 2029 | $58.54 | $76.54 |
| 2030 | $68.20 | $86.44 |
| 2040 | $120.14 | $139.41 |
| 2050 | $190.14 | $220.13 |
Fortescue earning results
| (USD) | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 |
| Revenue | 381.9Cr | 381.9Cr | 435.4Cr | 435.4Cr |
| Net income | 77.65Cr | 77.65Cr | 117.3Cr | 117.3Cr |
| Diluted EPS | 0.25 | 0.25 | 0.38 | 0.38 |
| Net profit margin | 20.33% | 20.33% | 26.94% | 26.94% |
| Operating income | 120.95Cr | 120.95Cr | 175.95Cr | 175.95Cr |
| Net change in cash | -74.7Cr | -74.7Cr | 7.7Cr | 7.7Cr |
| Cash on hand | – | – | – | – |
| Cost of revenue | 228.4Cr | 228.4Cr | 230.3Cr | 230.3Cr |
Expert forecasts on the future of FMG
The company is working on using clean energy, like electric trucks and green hydrogen, to stop carbon emissions by 2030. This could help it in the future, the company is dealing with problems like rising costs, delays, and tough competition. Their green projects might pay off later, but They may face challenges in the short term while they work on the current issues.
Is Fortescue stock good to buy? (bull case & bear case)
Bull Case:
- It pays a good amount of profits to its investors.
- China buys a lot of iron ore to make steel.
- It can mine iron ore cheaper than others, so it makes good money.
- The company is investing in clean energy, which could be huge in the future.
- It is based in Australia, a stable country with fewer risks.
Bear Case:
- It gives most of its profits to investors instead of saving for the future.
- It’s spending billions on new projects that might not work.
Conclusion
It has been growing its iron ore production and its move into green energy could face some challenges, especially with changes in global demand for iron ore and the costs of green energy. Some expect growth because of its green energy plans, but there are risks from the economy and competition. Still, its strong finances and low-cost iron ore production make it a good choice for long-term investment.
