Free Trial

Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan logo
$38.46 -0.57 (-1.46%)
Closing price 05/30/2025 03:59 PM Eastern
Extended Trading
$38.80 +0.34 (+0.90%)
As of 05/30/2025 08:00 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)

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

Sell
0
Hold
4
Buy
11

Based on 15 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 15 analysts, 4 have given a hold rating, 8 have given a buy rating, and 3 have given a strong buy rating for FCX.

Consensus Price Target

$48.36
25.75% Upside
According to the 15 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $48.36. The highest price target for FCX is $60.00, while the lowest price target for FCX is $39.00. The average price target represents a forecasted upside of 25.75% from the current price of $38.46.
Get the Latest News and Ratings for FCX and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Freeport-McMoRan and its competitors.

Sign Up

FCX Analyst Ratings Over Time

TypeCurrent Forecast
5/31/24 to 5/31/25
1 Month Ago
5/1/24 to 5/1/25
3 Months Ago
3/2/24 to 3/2/25
1 Year Ago
6/1/23 to 5/31/24
Strong Buy
3 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
9 Buy rating(s)
Hold
4 Hold rating(s)
4 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$48.36$48.09$52.04$51.50
Forecasted Upside25.75% Upside31.98% Upside40.96% Upside-2.31% Downside
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.
Skip Chart & View Analyst Rating History

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
2.93
2.77
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside25.75% Upside140.66% Upside15.20% Upside
News Sentiment Rating
Positive News

See Recent FCX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/14/2025Scotiabank
5 of 5 stars
Orest Wowkodaw
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetSector Perform ➝ Sector Perform$40.00 ➝ $43.00+10.28%
4/25/2025Jefferies Financial Group
2 of 5 stars
Chris LaFemina
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$48.00 ➝ $50.00+34.83%
4/25/2025Raymond James
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$52.00+39.60%
4/16/2025Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Timna Tanners
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradePeer Perform ➝ Outperform$39.00+16.97%
4/15/2025UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Daniel Major
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuy ➝ Buy$52.00 ➝ $45.00+33.79%
4/14/2025Hsbc Global Res
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Brandt
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Strong-Buy
4/10/2025JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Bill Peterson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOverweight ➝ Overweight$52.00 ➝ $42.00+33.22%
3/10/2025Dbs Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
E. Lee
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Strong-Buy
3/6/2025Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Abhi Agarwal
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Buy$47.00 ➝ $47.00+23.18%
1/31/2025Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Coleman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Hold
1/24/2025BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Katja Jancic
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOutperform ➝ Outperform$54.00 ➝ $50.00+31.44%
1/7/2025Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Brackett
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOutperform ➝ Market Perform$51.00 ➝ $46.00+19.33%
9/19/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$60.00 ➝ $58.00+27.87%
7/24/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSector Perform ➝ Sector Perform$60.00 ➝ $60.00+34.59%
6/21/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Spence
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
4/23/2024Bernstein Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$52.00 ➝ $52.50+9.83%
4/23/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold ➝ Hold$39.00 ➝ $45.00-5.86%
4/9/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$59.00+17.93%
12/6/2023Eight Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Set TargetBuy$55.00+50.27%
8/22/2023Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy$49.00 ➝ $48.00+24.06%
6/29/20231-800-FLOWERS.COM
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingInitiates
6/29/20233M
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingInitiates

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:13 AM 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 Friday, May 30, 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 $39, which may present a buying opportunity for investors looking for value in the mining sector.
  • Freeport-McMoRan recently reported earnings that exceeded analysts' expectations, indicating strong operational performance and potential for future growth.
  • The company has a solid market capitalization of over $55 billion, suggesting stability and a significant presence in the mining industry.
  • With a dividend yield of approximately 1.54%, Freeport-McMoRan provides a return on investment through regular dividend payments, appealing to income-focused investors.
  • Analysts have a consensus rating of "Moderate Buy" for Freeport-McMoRan, with several recent upgrades indicating positive sentiment and potential for stock price appreciation.

Freeport-McMoRan
Bear Case

red Wall Street bear icon

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

  • The company's revenue has decreased compared to the previous year, which may raise concerns about its growth trajectory and market demand.
  • Freeport-McMoRan's price-to-earnings ratio is relatively high, suggesting that the stock may be overvalued compared to its earnings, which could deter value investors.
  • Recent analyst downgrades, including a reduction in target price by JPMorgan Chase, indicate some uncertainty about the company's future performance.
  • The stock has experienced significant volatility, with a 52-week high of $53.29 and a low of $27.66, which may pose risks for investors seeking stability.
  • The company's net margin has decreased, which could impact profitability and investor confidence moving forward.

FCX Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Freeport-McMoRan is $48.36, with a high forecast of $60.00 and a low forecast of $39.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 4 hold ratings, 8 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 25.75% based on their 12-month stock forecasts.

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

Freeport-McMoRan has been rated by research analysts at Dbs Bank, Deutsche Bank Aktiengesellschaft, Hsbc Global Res, Jefferies Financial Group, JPMorgan Chase & Co., Raymond James, Scotiabank, UBS Group, and Wolfe Research in the past 90 days.

Analysts like Freeport-McMoRan more than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.93 while the average consensus rating score for "basic materials" companies is 2.77. Learn more on how FCX compares to other companies.


This page (NYSE:FCX) was last updated on 5/31/2025 by MarketBeat.com Staff
From Our Partners