The Fortescue Ltd (ASX: FMG) share price has risen by around 10% in the last six months. The ASX mining share also just reported its FY26 half-year result.

After seeing the numbers, it’s a good time to consider what could happen with the Fortescue share price, and whether the business is a buy or not.

Fortescue reported that revenue rose 10% to US$8.4 billion, underlying operating profit (EBITDA) grew 23% to US$4.5 billion, net profit rose 23% to US$1.91 billion, net operating cash flow increased 32% to US$3.2 billion and the dividend was hiked by 24% to 62 cents per share.

The ASX mining share benefited from a 7% rise in its sold price and production costs declined 3%.

Let’s see what experts think of the Fortescue share price.