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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
NYSE:FCX

Freeport-McMoRan (FCX) Price Target & Analyst Ratings

$38.69
-0.13 (-0.33%)
(As of 09/20/2023 ET)
Compare
Today's Range
$38.67
$39.60
50-Day Range
$38.33
$44.65
52-Week Range
$26.03
$46.73
Volume
7.27 million shs
Average Volume
7.84 million shs
Market Capitalization
$55.47 billion
P/E Ratio
26.68
Dividend Yield
0.78%
Price Target
$39.96

Freeport-McMoRan Consensus Rating and Price Target (2023)

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 Analyst Rating

Hold
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$40.38
4.38% Upside
High Prediction$48.00
Average Prediction$40.38
Low Prediction$29.00
TypeCurrent
9/21/22 to 9/21/23
1 Month Ago
8/22/22 to 8/22/23
3 Months Ago
6/23/22 to 6/23/23
1 Year Ago
9/21/21 to 9/21/22
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
9 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$40.38$39.96$39.13$42.00
Predicted Upside4.38% Upside3.92% Upside4.59% Upside22.45% Upside
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FCX Analyst Ratings 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.
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Freeport-McMoRan Stock vs. The Competition

TypeFreeport-McMoRanBasic Materials CompaniesS&P 500
Consensus Rating Score
2.23
2.56
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside3.29% Upside475.77% Upside437.62% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/21/2023Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$38.50 ➝ $44.00+13.72%
8/22/2023Stifel Nicolaus
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 Lower TargetBuy$49.00 ➝ $48.00+24.06%
7/25/2023Scotiabank
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O. Wowkodaw
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Lower Target$49.00 ➝ $48.00+13.99%
7/21/2023Raymond James
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 Boost TargetOutperform$43.00 ➝ $44.00+7.58%
6/29/20231-800-FLOWERS.COM
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 Reiterated RatingInitiates
6/29/20233M
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 Reiterated RatingInitiates
6/29/2023Sanford C. Bernstein
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 Initiated CoverageMarket Perform$41.00+4.54%
4/21/2023Barclays
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 Boost TargetUnderweight$24.00 ➝ $29.00-29.88%
2/27/2023UBS Group
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 Boost TargetNeutral$32.00 ➝ $41.00+2.78%
1/26/2023Royal Bank of Canada
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 Boost TargetSector Perform$40.00 ➝ $47.00+0.77%
1/26/2023Citigroup
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 Boost TargetNeutral$44.00 ➝ $46.00-1.37%
1/10/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$35.00 ➝ $40.00-6.61%
10/13/2022The Goldman Sachs Group
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 Lower TargetBuy$45.00 ➝ $39.00+35.79%
10/6/2022Exane BNP Paribas
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Jatinder Goel
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DowngradeOutperform ➝ Neutral$29.00-2.91%
(Data available from 9/21/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












FCX Price Target - Frequently Asked Questions

What is Freeport-McMoRan's consensus rating and price target?

According to the issued ratings of 13 analysts in the last year, the consensus rating for Freeport-McMoRan stock is Hold based on the current 1 sell rating, 8 hold ratings and 4 buy ratings for FCX. The average twelve-month price prediction for Freeport-McMoRan is $40.38 with a high price target of $48.00 and a low price target of $29.00. Learn more on FCX's analyst rating history.

Do Wall Street analysts like Freeport-McMoRan more than its competitors?

Analysts like Freeport-McMoRan less than other Basic Materials companies. The consensus rating for Freeport-McMoRan is Hold while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how FCX compares to other companies.

Does Freeport-McMoRan's stock price have much upside?

According to analysts, Freeport-McMoRan's stock has a predicted upside of 5.47% based on their 12-month price targets.

What analysts cover Freeport-McMoRan?

Freeport-McMoRan has been rated by 1-800-FLOWERS.COM, 3M, Morgan Stanley, Raymond James, Sanford C. Bernstein, Scotiabank, and Stifel Nicolaus in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:FCX) was last updated on 9/21/2023 by MarketBeat.com Staff

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