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Fortis Share Price Target 2024, 2025, 2026 to 2039 With Charts
Fortis Healthcare Limited | |||
Symbol: FORTIS | |||
Price: ₹639 | |||
Exchange: NSE | |||
Healthcare -> Medical Care Facilities |
Show Table of Contents
Table of Contents
- 1: Fortis Brief Company Overview
- 1.1: Fortis Healthcare Limited: A Leading Healthcare Provider
- 1.2: Fortis Financial Performance
- 1.2.1: Is Fortis A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Fortis Share Price Target For 2024
- 2.1.1: Fortis Share Price Target Table For 2024
- 2.1.2: Summary: Fortis Share Price Prediction For 2024
- 2.2: Fortis Share Price Target For 2025
- 2.2.1: Fortis Share Price Target Table For 2025
- 2.2.2: Summary: Fortis Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Fortis Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Fortis Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Fortis Past Performance
Fortis Brief Company Overview
Fortis Healthcare Limited: A Leading Healthcare Provider
Fortis Healthcare Limited is a highly respected, integrated healthcare provider based in India and operating internationally. Providing both secondary and tertiary care, their comprehensive services span hospitals, diagnostics, and specialized day care facilities.
- Diverse Product Range: Fortis Healthcare offers a vast array of healthcare services including but not limited to:
- Cardiac Science
- Cosmetology
- Dental Science
- Dermatology
- Diabetology/Endocrinology
- ENT
- Gynecology
- Oncology
- Pediatrics
- Plastic and Reconstructive Surgery
- Radiology
- Transplant Medicine
Fortis Healthcare is dedicated to providing top-notch healthcare services, reflected in their commitment to technological advancements and patient-centered care.
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Fortis Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 46,875.37 Crore | Market valuation of Fortis's shares. |
Revenue (TTM) | 7,094.4 Crore | Total revenue generated by Fortis over the past twelve months. |
Net Income (TTM) | +653.08 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 13.53% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | 9.2% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +12.2% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | +48.5% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio | 13.49 | Company's total debt divided by total shareholder equity. |
Total Debt | 1,155.01 Crore | Sum of Fortis's current & long-term financial obligations. |
Total Cash | 600.29 Crore | Total amount of liquid funds available to Fortis. |
Beta | 0.6 | Beta is less than 1 indicating that the Fortis's price is less volatile than the market. |
Is Fortis A Good Buy For Long Term?
Fortis, a large-cap stock with a market capitalization of ₹48,284.38 crore, shows strong growth potential. Its impressive past performance—97.86% return in the last 12 months and a remarkable 354.80% over five years—is noteworthy. While Q2 2024-25 data reveals a debt of ₹1,186.51 crore against a cash balance of ₹600.89 crore, the substantial revenue growth (12.3% QoQ) and healthy profit margin (8.96%) are positive indicators. Considering these factors, Fortis appears to be a good buy for the long term, but further due diligence is always recommended.
To predict the Fortis's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Fortis Share Price Target For 2024
The line chart displays the monthly closing prices of Fortis with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Fortis shares in 2024, see the table below.
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Fortis Share Price Target Table For 2024
Fortis's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 658.38 (+3.03%) | Custom Fibonacci Extension Lvl 82% |
2024 Target 2 | 650.82 (+1.84%) | Custom Fibonacci Extension Lvl 50% |
2024 Target 1 | 642.70 (+0.57%) | Price Action: 04 Nov 2024 High |
Current Price | 639.00 | Fortis's 1 share price as of Thu 14 Nov 2024 |
Stop Loss 1 | 636.72 (-0.36%) | Fibonacci Retracement Level 50% |
Stop Loss 2 | 628.84 (-1.59%) | Price Action: 11 Nov 2024 High |
Stop Loss 3 | 622.50 (-2.59%) | Price Action: 10 Oct 2024 High |
Summary: Fortis Share Price Prediction For 2024
In summary, Fortis has surged by ₹219.80, achieving a notable +52.43% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Fortis for 2024 predicts an additional rise of 0.57% to 3.03% by the end of 2024 with three potential targets T1: 642.70, T2: 650.82, T3: 658.38. Stop Loss at SL1: 636.72, SL2: 628.84, SL3: 622.50.
Fortis has a 52-week high of ₹658.84, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹353.29, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Fortis.
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Fortis Share Price Target For 2025
The line chart displays the monthly closing prices of Fortis with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Fortis shares in 2025, see the table below.
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Fortis Share Price Target Table For 2025
Fortis's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 882.28 (+38.07%) | Fibonacci Extension Level 171.8% |
2025 Target 2 | 858.78 (+34.39%) | Price Action: Chart |
2025 Target 1 | 850.28 (+33.06%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 639.00 | Fortis's 1 share price as of Thu 14 Nov 2024 |
Stop Loss 1 | 589.95 (-7.68%) | Price Action: 22 Oct 2024 Low |
Stop Loss 2 | 583.09 (-8.75%) | Price Action: 24 Oct 2024 Low |
Stop Loss 3 | 572.00 (-10.49%) | Price Action: 25 Oct 2024 Low |
Summary: Fortis Share Price Prediction For 2025
In summary, Fortis has surged by ₹219.80, achieving a notable +52.43% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Fortis for 2025 predicts an additional rise of 33.06% to 38.07% by the end of 2025 with three potential targets T1: 850.28, T2: 858.78, T3: 882.28. Stop Loss at SL1: 589.95, SL2: 583.09, SL3: 572.00.
Fortis has a All-Time high of ₹658.84, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹353.29, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Fortis, we have created a specific page for that check here: Fortis Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Fortis Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Fortis share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.71% over the next 15 years.
For complete year by year Fortis long term share price target from 2024, 2025 to 2039 check the below table.
Fortis Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Fortis Target | YoY Change % |
---|---|---|
2024 | ₹639 | [Current Price] |
2024 | ₹701.46 | 9.77% |
2025 | ₹1,042.43 | 48.6% |
2026 | ₹1,294.24 | 24.15% |
2027 | ₹1,642.95 | 26.94% |
2028 | ₹2,011.92 | 22.45% |
2029 | ₹2,326.69 | 15.64% |
2030 | ₹2,692.88 | 15.73% |
2031 | ₹2,850.55 | 5.85% |
2032 | ₹3,235.56 | 13.5% |
2033 | ₹3,645.49 | 12.66% |
2034 | ₹3,951.94 | 8.4% |
2035 | ₹4,343.34 | 9.9% |
2036 | ₹4,406.85 | 1.46% |
2037 | ₹4,828.17 | 9.56% |
2038 | ₹5,279.07 | 9.33% |
2039 | ₹5,412.37 | 2.52% |
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Fortis Past Performance
- In 2007, Fortis opening price was ₹88.1
- As of Thu 14 Nov 2024 the price stands at ₹639.
- This represents a Compound Annual Growth Rate (CAGR) of 11.64%.
- In 17 years, an investment of 10,000 would have become ₹72,531.21.
As we wrap up, we hope you like our study on Fortis share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
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Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.