Fortis shares could be trading about 70% below fair value following its second quarter 2026 results, according to a Simply Wall St analysis. The stock currently trades at CA$79.80, while a discounted cash flow model estimates a future cash flow value of CA$269.04. This contrasts with a more cautious analyst-based fair value estimate of CA$79.43, which suggests the stock is about fairly priced. The company reported higher sales and net income for the quarter and received approval for a major Tilbury LNG expansion project in British Columbia.
Fortis IncQ2 results show higher sales and net income, and DCF suggests 70% upside.