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Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan logo
$39.66 +0.79 (+2.03%)
Closing price 10/3/2025 03:59 PM Eastern
Extended Trading
$39.83 +0.17 (+0.42%)
As of 10/3/2025 07:59 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
9
Buy
14

Based on 23 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 23 analysts, 9 have given a hold rating, 12 have given a buy rating, and 2 have given a strong buy rating for FCX.

Consensus Price Target

$46.74
17.85% Upside
According to the 23 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $46.74. 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 17.85% from the current price of $39.66.
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
10/5/24 to 10/5/25
1 Month Ago
9/5/24 to 9/5/25
3 Months Ago
7/7/24 to 7/7/25
1 Year Ago
10/6/23 to 10/5/24
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
12 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
3 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$46.74$51.00$48.27$52.93
Forecasted Upside17.85% Upside9.98% Upside7.01% Upside4.71% 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
2.70
2.57
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside17.85% Upside207.20% Upside10.49% Upside
News Sentiment Rating
Positive News

See Recent FCX News
Neutral News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/3/2025UBS Group
4 of 5 stars
Daniel Major
Daniel Major
Not Rated
Set TargetNeutralBuy$42.50 ➝ $48.00+23.51%
10/2/2025Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetBuy$47.00 ➝ $45.00+15.91%
10/2/2025Dbs Bank
0 of 5 stars
 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%
9/27/2025Weiss Ratings
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 Reiterated RatingHold (C)
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%
9/25/2025JPMorgan Chase & Co.
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Lower TargetOverweight$56.00 ➝ $46.00+21.83%
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
7/15/2025Morgan Stanley
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DowngradeOverweightEqual Weight$45.00 ➝ $54.00+18.32%
7/9/2025Stifel Nicolaus
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Initiated CoverageHoldBuy$56.00+20.85%
7/8/2025Stifel Canada
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UpgradeStrong-Buy
7/8/2025Citigroup
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Boost TargetNeutral$44.00 ➝ $48.00+1.37%
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 Sunday at 02:03 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 Wednesday, October 1, 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 current stock price is around $35.76, which may present a buying opportunity for investors looking for value in the mining sector.
  • Freeport-McMoRan Inc. has a strong market capitalization of approximately $51.34 billion, indicating a solid position in the industry.
  • The company has a relatively low debt-to-equity ratio of 0.30, suggesting financial stability and lower risk associated with debt.
  • Recent analyst ratings show a consensus of "Moderate Buy," with multiple analysts projecting potential upside in the stock price.
  • Freeport-McMoRan Inc. offers a dividend yield of 1.7%, providing investors with a steady income stream in addition to potential capital gains.

Freeport-McMoRan
Bear Case

red Wall Street bear icon

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

  • The stock has experienced fluctuations, with a 12-month high of $52.06 and a low of $27.66, indicating volatility that may concern risk-averse investors.
  • Recent downgrades from analysts, including a shift from "buy" to "hold," may signal caution regarding the company's short-term performance.
  • Target price adjustments by various analysts have shown a downward trend, with some lowering their expectations for the stock's future performance.
  • The company's P/E ratio of 27.09 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • Market conditions for mining companies can be unpredictable, influenced by commodity prices and global economic factors, adding an element of risk to investments in Freeport-McMoRan Inc.

FCX Forecast - Frequently Asked Questions

According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Freeport-McMoRan is $46.74, with a high forecast of $56.00 and a low forecast of $39.00.

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 9 hold ratings, 12 buy ratings and 2 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 17.85% based on their 12-month stock forecasts.

Over the previous 90 days, Freeport-McMoRan's stock had 4 upgrades and 4 downgrades by analysts.

Analysts like Freeport-McMoRan more than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.70 while the average consensus rating score for "basic materials" companies is 2.57. Learn more on how FCX compares to other companies.


This page (NYSE:FCX) was last updated on 10/5/2025 by MarketBeat.com Staff
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