Freeport-McMoRan (FCX) Stock Forecast & Price Target

$40.04 -0.20 (-0.50%)

Closing price 08/1/2025 03:59 PM Eastern

Extended Trading

$40.13 +0.09 (+0.22%)

As of 08/1/2025 07:56 PM Eastern

Freeport-McMoRan - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
0

Hold
8

Buy
10

Based on 18 Wall Street analysts who have issued ratings for Freeport-McMoRan in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 8 have given a hold rating, 8 have given a buy rating, and 2 have given a strong buy rating for FCX.

Consensus Price Target

$51.00
27.37% Upside

According to the 18 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $51.00. The highest price target for FCX is $56.00, while the lowest price target for FCX is $39.00. The average price target represents a forecasted upside of 27.37% from the current price of $40.04.

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FCX Analyst Ratings Over Time

Type	Current Forecast 8/3/24 to 8/3/25	1 Month Ago 7/4/24 to 7/4/25	3 Months Ago 5/5/24 to 5/5/25	1 Year Ago 8/4/23 to 8/3/24
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	3 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	8 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)	10 Buy rating(s)
Hold	8 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$51.00	$48.27	$48.09	$53.07
Forecasted Upside	27.37% Upside	5.27% Upside	28.79% Upside	26.44% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

FCX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FCX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Freeport-McMoRan Stock vs. The Competition

Type	Freeport-McMoRan	Basic Materials Companies	S&P 500
Consensus Rating Score	2.67	2.76	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	27.37% Upside	266.06% Upside	14.55% Upside
News Sentiment Rating	Positive News See Recent FCX News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/24/2025	BMO Capital Markets 4 of 5 stars	Katja Jancic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$55.00 ➝ $54.00	+20.10%
7/22/2025	Hsbc Global Res 0 of 5 stars		Downgrade	Strong-Buy ➝ Hold
7/15/2025	Morgan Stanley 3 of 5 stars	Carlos De Alba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$45.00 ➝ $54.00	+18.32%
7/11/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Curt Woodworth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$45.00 ➝ $50.00	+5.95%
7/9/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	O. Wowkodaw Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Outperform ➝ Sector Outperform	$48.00 ➝ $52.00	+14.03%
7/9/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$42.00 ➝ $56.00	+20.08%
7/9/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Paul Forward Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold ➝ Buy	$56.00	+20.85%
7/9/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Neutral	$56.00	+20.85%
7/8/2025	Stifel Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Profiti Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/8/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Alexander Hacking Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$44.00 ➝ $48.00	+1.37%
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6/4/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	$52.00 ➝ $54.00	+31.68%
4/25/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris LaFemina Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$48.00 ➝ $50.00	+34.83%
4/25/2025	Raymond James Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$52.00	+39.60%
4/16/2025	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Timna Tanners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$39.00	+16.97%
3/10/2025	Dbs Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
3/6/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Abhi Agarwal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$47.00 ➝ $47.00	+23.18%
1/31/2025	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Coleman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
1/7/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Brackett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$51.00 ➝ $46.00	+19.33%
6/21/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Spence Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/23/2024	Bernstein Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$52.00 ➝ $52.50	+9.83%
4/23/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$39.00 ➝ $45.00	-5.86%
12/6/2023	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy	$55.00	+50.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:39 PM ET.

Should I Buy Freeport-McMoRan Stock? FCX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, August 2, 2025. Please send any questions or comments about these Freeport-McMoRan pros and cons to contact@marketbeat.com.

Freeport-McMoRan
Bull Case

Here are some ways that investors could benefit from investing in Freeport-McMoRan Inc.:

The company recently reported earnings per share (EPS) of $0.54, surpassing analysts' expectations, indicating strong financial performance.
Freeport-McMoRan Inc. has shown a year-over-year revenue increase of 14.5%, reflecting growth in its operations and market demand.
The current stock price is around $40, which may present a buying opportunity for investors looking for value in the natural resources sector.
With a dividend yield of 1.5%, the company offers a steady income stream for investors, enhancing the attractiveness of the stock.
Analysts have a generally positive outlook on the stock, with several ratings indicating a "Moderate Buy," suggesting potential for future price appreciation.

Freeport-McMoRan
Bear Case

Investors should be bearish about investing in Freeport-McMoRan Inc. for these reasons:

The stock has experienced fluctuations, with recent trading down about 0.5%, which may indicate volatility and risk for investors.
Insider selling activity, such as the recent sale of shares by the chief accounting officer, could signal a lack of confidence in the stock's short-term performance.
The company's debt-to-equity ratio is relatively low, which may suggest limited leverage for growth opportunities compared to competitors.
Market analysts have varying opinions, with some downgrading their ratings, which could create uncertainty about the stock's future trajectory.
With a price-to-earnings ratio of 30.33, the stock may be considered overvalued by some investors, potentially limiting upside potential.

FCX Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Freeport-McMoRan is $51.00, with a high forecast of $56.00 and a low forecast of $39.00.
: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 8 hold ratings, 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FCX shares.
: According to analysts, Freeport-McMoRan's stock has a predicted upside of 27.37% based on their 12-month stock forecasts.
: Over the previous 90 days, Freeport-McMoRan's stock had 3 downgrades and 2 upgrades by analysts.
: Freeport-McMoRan has been rated by research analysts at Bank of America, BMO Capital Markets, Citigroup, Hsbc Global Res, JPMorgan Chase & Co., Morgan Stanley, Royal Bank Of Canada, Scotiabank, Stifel Canada, Stifel Nicolaus, and UBS Group in the past 90 days.
: Analysts like Freeport-McMoRan less than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.67 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how FCX compares to other companies.

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This page (NYSE:FCX) was last updated on 8/3/2025 by MarketBeat.com Staff

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Freeport-McMoRan (FCX) Stock Forecast & Price Target