Freeport-McMoRan (FCX) Stock Forecast & Price Target

$63.43 +3.44 (+5.73%)

Closing price 03:59 PM Eastern

Extended Trading

$63.23 -0.20 (-0.31%)

As of 07:58 PM Eastern

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Freeport-McMoRan - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 23 Analyst Ratings

Sell
0

Hold
4

Buy
19

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, 4 have given a hold rating, 18 have given a buy rating, and 1 has given a strong buy rating for FCX.

Consensus Price Target

$70.27
10.79% Upside

According to the 23 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $70.27. The highest price target for FCX is $85.00, while the lowest price target for FCX is $46.00. The average price target represents a forecasted upside of 10.79% from the current price of $63.43.

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

Type	Current Forecast 7/30/25 to 7/30/26	1 Month Ago 6/30/25 to 6/30/26	3 Months Ago 5/1/25 to 5/1/26	1 Year Ago 7/30/24 to 7/30/25
Strong Buy	1 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	18 Buy rating(s)	18 Buy rating(s)	16 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$70.27	$68.36	$65.14	$51.00
Forecasted Upside	10.79% Upside	8.64% Upside	12.69% Upside	30.37% 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	Broader Market
Consensus Rating Score	2.87	2.60	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	10.79% Upside	160.70% Upside	13.18% Upside
News Sentiment Rating	Positive News See Recent FCX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/27/2026	Barclays 3 of 5 stars	Richard Garchitorena Not Rated	Boost Target	Overweight	$80.00 ➝ $82.00	+31.12%
7/24/2026	Wells Fargo & Company 3 of 5 stars	Timna Tanners Not Rated	Boost Target	Overweight	$68.00 ➝ $70.00	+10.57%
7/24/2026	Royal Bank Of Canada 2 of 5 stars	Sam Crittenden 5 of 5 stars	Boost Target	Sector Perform	$70.00 ➝ $73.00	+18.97%
7/23/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$78.00	+24.61%
7/21/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$76.00 ➝ $80.00	+28.01%
7/15/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexander Hacking Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Positive
7/9/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lawson Winder Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$74.00 ➝ $80.00	+39.26%
7/9/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bill Peterson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$73.00 ➝ $77.00	+34.04%
7/8/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nick Cash Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$75.00 ➝ $74.00	+28.82%
7/8/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Carlos De Alba Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$66.00 ➝ $70.00	+18.10%
Get the Latest News and Ratings for FCX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Freeport-McMoRan and its competitors with MarketBeat's FREE daily newsletter.
7/7/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy (B-) ➝ Hold (C+)
6/30/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Major Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$75.00 ➝ $77.00	+23.43%
6/18/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$71.00 ➝ $82.00	+17.89%
6/15/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Orest Wowkodaw Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Outperform	$67.00 ➝ $77.00	+7.49%
6/12/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$72.00 ➝ $75.00	+10.08%
6/10/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bob Brackett Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Market Perform	$53.50 ➝ $58.50	-8.91%
6/8/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$75.00 ➝ $85.00	+31.72%
5/15/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
4/28/2026	CICC Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$64.40 ➝ $63.40	+7.42%
4/24/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$72.00 ➝ $68.00	+11.60%
2/21/2026	Freedom Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
2/13/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexandra Yates Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy
11/19/2025	Clarkson Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$46.00	+10.63%
10/2/2025	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target		$51.00 ➝ $48.00	+23.63%
9/29/2025	Johnson Rice Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target		$55.00 ➝ $48.00	+28.35%
4/16/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Timna Tanners Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$39.00	+16.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:31 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 Thursday, July 30, 2026. 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 that exceeded analysts' expectations, indicating strong financial performance.
Freeport-McMoRan Inc. has a solid market capitalization, which reflects its significant presence in the natural resources sector.
The current stock price is around $63, which may present a buying opportunity for investors looking for growth in the mining sector.
With a dividend payout ratio of approximately 14.78%, the company offers a modest dividend yield, providing income to shareholders.
The company has a diversified portfolio, engaging in the exploration and mining of copper, gold, and molybdenum, which can mitigate risks associated with commodity price fluctuations.

Freeport-McMoRan
Bear Case

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

The company's revenue has decreased by 7.3% year-over-year, which may indicate challenges in maintaining sales growth.
Freeport-McMoRan Inc. has a relatively high P/E ratio, suggesting that the stock may be overvalued compared to its earnings.
Recent fluctuations in the stock price could signal volatility, which may deter risk-averse investors.
The company operates in multiple geographies, which exposes it to geopolitical risks and regulatory changes that could impact operations.
Despite a strong earnings report, the overall market sentiment towards mining stocks can be unpredictable, affecting investor confidence.

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 $70.27, with a high forecast of $85.00 and a low forecast of $46.00.

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last twelve months. There are currently 4 hold ratings, 18 buy ratings and 1 strong buy rating 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 10.79% based on their 12-month stock forecasts.

Over the previous 90 days, Freeport-McMoRan's stock had 3 upgrades and 1 downgrade by analysts.

Freeport-McMoRan has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, BNP Paribas Exane, Citigroup, Deutsche Bank Aktiengesellschaft, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Royal Bank Of Canada, Sanford C. Bernstein, Scotiabank, Stifel Nicolaus, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Freeport-McMoRan more than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.87 while the average consensus rating score for "basic materials" companies is 2.60. Learn more on how FCX compares to other companies.

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This page (NYSE:FCX) was last updated on 7/30/2026 by MarketBeat.com Staff.

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Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

FCX Analyst Ratings Over Time

FCX Analyst Recommendations By Month

FCX Price Targets by Month

Freeport-McMoRan Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Freeport-McMoRan
Bull Case

Freeport-McMoRan
Bear Case

FCX Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

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Brokerages With Freeport-McMoRan Recommendations

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Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

FCX Analyst Ratings Over Time

FCX Analyst Recommendations By Month

FCX Price Targets by Month

Freeport-McMoRan Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Freeport-McMoRan Bull Case

Freeport-McMoRan Bear Case

FCX Forecast - Frequently Asked Questions

What is Freeport-McMoRan's forecast for 2026?

Should I buy or sell Freeport-McMoRan stock right now?

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

Has Freeport-McMoRan been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Freeport-McMoRan?

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

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Freeport-McMoRan Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Freeport-McMoRan
Bull Case

Freeport-McMoRan
Bear Case