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Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan logo
$41.76 -0.06 (-0.13%)
Closing price 03:59 PM Eastern
Extended Trading
$41.94 +0.18 (+0.42%)
As of 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

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

Consensus Rating

Sell
0
Hold
7
Buy
17

Based on 24 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 24 analysts, 7 have given a hold rating, 14 have given a buy rating, and 3 have given a strong buy rating for FCX.

Consensus Price Target

$46.56
11.49% Upside
According to the 24 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $46.56. 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 11.49% from the current price of $41.76.
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.
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FCX Analyst Ratings Over Time

TypeCurrent Forecast
10/15/24 to 10/15/25
1 Month Ago
9/15/24 to 9/15/25
3 Months Ago
7/17/24 to 7/17/25
1 Year Ago
10/16/23 to 10/15/24
Strong Buy
3 Strong Buy rating(s)
2 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
14 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
Hold
7 Hold rating(s)
8 Hold rating(s)
7 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$46.56$51.33$50.71$53.29
Forecasted Upside11.49% Upside12.47% Upside13.98% Upside12.65% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Freeport-McMoRan Stock vs. The Competition

TypeFreeport-McMoRanBasic Materials CompaniesS&P 500
Consensus Rating Score
2.83
2.58
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside12.15% Upside200.80% Upside13.04% Upside
News Sentiment Rating
Positive News

See Recent FCX News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/9/2025JPMorgan Chase & Co.
2 of 5 stars
Bill Peterson
Bill Peterson
Not Rated
Boost TargetOverweight$46.00 ➝ $50.00+16.69%
10/8/2025Wells Fargo & Company
3 of 5 stars
Timna Tanners
Timna Tanners
Not Rated
UpgradeStrong-Buy
10/8/2025Weiss Ratings
0 of 5 stars
 Reiterated RatingHold (C)
10/8/2025Morgan Stanley
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Lower TargetOverweight$48.00 ➝ $46.00+12.95%
10/8/2025Citigroup
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UpgradeNeutralBuy$48.00+17.86%
10/3/2025UBS Group
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Set TargetNeutralBuy$42.50 ➝ $48.00+23.51%
10/2/2025Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy$47.00 ➝ $45.00+15.91%
10/2/2025Dbs Bank
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 Lower Target$51.00 ➝ $48.00+23.63%
10/1/2025Royal Bank Of Canada
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Lower TargetSector Perform$54.00 ➝ $48.00+22.32%
9/30/2025Bank of America
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UpgradeNeutralBuy$42.00+13.09%
9/29/2025Johnson Rice
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 Lower Target$55.00 ➝ $48.00+28.35%
9/26/2025CICC Research
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 Lower TargetOutperform$51.60 ➝ $42.30+18.96%
9/25/2025BNP Paribas Exane
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 Lower TargetOutperform$56.00 ➝ $52.00+43.27%
9/25/2025HSBC
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 Lower TargetHold$46.00 ➝ $43.00+18.48%
9/25/2025Raymond James Financial
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Lower TargetOutperform$55.00 ➝ $46.00+26.74%
9/25/2025Sanford C. Bernstein
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 UpgradeMarket PerformOutperform$48.50+28.45%
9/25/2025Clarkson Capital
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 Reiterated RatingBuyNeutral$42.00+11.23%
9/25/2025Scotiabank
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Reiterated RatingSector OutperformSector Perform$55.00 ➝ $45.00+19.18%
9/24/2025Jefferies Financial Group
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Reiterated RatingBuy$46.00+20.55%
9/24/2025BMO Capital Markets
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Lower TargetOutperform$54.00 ➝ $48.00+26.25%
7/22/2025Hsbc Global Res
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 DowngradeStrong-BuyHold
7/9/2025Stifel Nicolaus
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Initiated CoverageHoldBuy$56.00+20.85%
7/8/2025Stifel Canada
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UpgradeStrong-Buy
4/16/2025Wolfe Research
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UpgradePeer PerformOutperform$39.00+16.97%
1/31/2025Argus
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DowngradeBuyHold
6/21/2024BNP Paribas
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UpgradeStrong-Buy
4/23/2024Bernstein Bank
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 Boost TargetOverweight$52.00 ➝ $52.50+9.83%
12/6/2023Eight Capital
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 Set TargetBuy$55.00+50.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:54 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 Monday, October 13, 2025. Please send any questions or comments about these Freeport-McMoRan pros and cons to contact@marketbeat.com.

Freeport-McMoRan
Bull Case

green Wall Street bull icon

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

  • The stock has a current price around $40.73, which analysts suggest has potential for upside, indicating a possible increase in value.
  • Recent upgrades from multiple analysts, including a "strong-buy" rating from Wells Fargo, suggest positive sentiment and confidence in the company's future performance.
  • Freeport-McMoRan Inc. has a solid market capitalization, indicating a strong position in the market, which can provide stability for investors.
  • Analysts have set a consensus price target of approximately $46.37, which reflects optimism about the company's growth potential in the near term.
  • The company has a favorable debt-to-equity ratio, suggesting it is managing its debt effectively, which can be a sign of financial health and lower risk for investors.

Freeport-McMoRan
Bear Case

red Wall Street bear icon

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

  • Recent price target cuts by analysts, including a reduction from Morgan Stanley, indicate some uncertainty about the stock's short-term performance.
  • The stock has experienced fluctuations, with a 52-week low of $27.66, suggesting potential volatility that could deter risk-averse investors.
  • Despite positive ratings, the overall market conditions for natural resources can be unpredictable, which may impact Freeport-McMoRan Inc.'s performance.
  • Some analysts have downgraded their ratings or price targets, reflecting mixed opinions on the company's future prospects.
  • The company's price-to-earnings ratio is relatively high, which could indicate that the stock is overvalued compared to its earnings, posing a risk for new investors.

FCX Forecast - Frequently Asked Questions

According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Freeport-McMoRan is $46.56, with a high forecast of $56.00 and a low forecast of $39.00.

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 7 hold ratings, 14 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FCX shares.

According to analysts, Freeport-McMoRan's stock has a predicted upside of 11.49% based on their 12-month stock forecasts.

Over the previous 90 days, Freeport-McMoRan's stock had 5 upgrades and 2 downgrades by analysts.

Analysts like Freeport-McMoRan more than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.83 while the average consensus rating score for "basic materials" companies is 2.58. Learn more on how FCX compares to other companies.


This page (NYSE:FCX) was last updated on 10/15/2025 by MarketBeat.com Staff
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