Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan logo
$68.80 +0.12 (+0.17%)
Closing price 06/18/2026 03:59 PM Eastern
Extended Trading
$68.78 -0.01 (-0.02%)
As of 06/18/2026 07:56 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 Massive. Learn more.

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

Consensus Rating

Sell
0
Hold
3
Buy
20

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, 3 have given a hold rating, 18 have given a buy rating, and 2 have given a strong buy rating for FCX.

Consensus Price Target

$67.81
-1.43% Downside
According to the 23 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $67.81. 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 downside of -1.43% from the current price of $68.80.
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
6/20/25 to 6/20/26
1 Month Ago
5/21/25 to 5/21/26
3 Months Ago
3/22/25 to 3/22/26
1 Year Ago
6/20/24 to 6/20/25
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
3 Strong Buy rating(s)
Buy
18 Buy rating(s)
16 Buy rating(s)
18 Buy rating(s)
9 Buy rating(s)
Hold
3 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$67.81$65.19$62.59$48.27
Forecasted Upside-1.43% Downside4.59% Upside20.32% Upside20.15% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyBuy

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.
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Freeport-McMoRan Stock vs. The Competition

TypeFreeport-McMoRanBasic Materials CompaniesBroader Market
Consensus Rating Score
2.96
2.59
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-1.43% Downside171.77% Upside15.88% Upside
News Sentiment Rating
Positive News

See Recent FCX News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
6/18/2026
BNP Paribas Exane logo
BNP Paribas Exane
5 of 5 stars
 Boost TargetOutperform$71.00 ➝ $82.00+17.89%
6/15/2026
Scotiabank logo
Scotiabank
4 of 5 stars
Orest Wowkodaw
Orest Wowkodaw
4 of 5 stars
Boost TargetSector Outperform$67.00 ➝ $77.00+7.49%
6/12/2026
HSBC Holdings plc logo
HSBC
3 of 5 stars
 Boost Target$72.00 ➝ $75.00+10.08%
6/10/2026Boost TargetMarket Perform$53.50 ➝ $58.50-8.91%
6/8/2026 Boost TargetBuy$75.00 ➝ $85.00+31.72%
6/2/2026Boost TargetBuy$68.00 ➝ $75.00+7.66%
5/22/2026 UpgradeHold (C+)Buy (B-)
5/21/2026Initiated CoverageOverweight$77.00+23.55%
5/21/2026Boost TargetBuy$74.00 ➝ $75.00+23.24%
5/15/2026 Reiterated RatingBuy
5/1/2026Lower TargetBuy$67.00 ➝ $66.00+16.53%
4/28/2026 Lower TargetOutperform$64.40 ➝ $63.40+7.42%
4/27/2026Lower TargetOverweight$76.00 ➝ $73.00+19.25%
4/24/2026Reiterated RatingOverweightEqual Weight$70.00 ➝ $66.00+7.36%
4/24/2026Lower TargetOverweight$77.00 ➝ $68.00+11.60%
4/24/2026 Lower TargetOutperform$72.00 ➝ $68.00+11.60%
2/26/2026Boost TargetBuy$68.00 ➝ $81.00+18.30%
2/21/2026 UpgradeHoldStrong-Buy
2/13/2026UpgradeHoldBuy
2/11/2026 Boost TargetBuy$52.00 ➝ $76.00+16.88%
1/14/2026Boost TargetOutperform$55.00 ➝ $68.00+13.48%
11/19/2025 UpgradeNeutralBuy$46.00+10.63%
10/2/2025 Lower Target$51.00 ➝ $48.00+23.63%
10/1/2025Lower TargetSector Perform$54.00 ➝ $48.00+22.32%
9/29/2025 Lower Target$55.00 ➝ $48.00+28.35%
4/16/2025UpgradePeer PerformOutperform$39.00+16.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:09 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 Tuesday, June 16, 2026. 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 $60.88, which may present a buying opportunity for investors looking to enter at a lower price point.
  • Freeport-McMoRan Inc. has received multiple "Buy" ratings from analysts, indicating strong market confidence in the company's future performance.
  • The company has a solid market capitalization of approximately $87.52 billion, suggesting stability and a strong position in the natural resources sector.
  • Recent upgrades in ratings, such as from Freedom Capital to a "strong-buy," reflect positive sentiment and potential for growth.
  • Freeport-McMoRan Inc. operates in diverse geographical locations, which can help mitigate risks associated with regional economic downturns.

Freeport-McMoRan
Bear Case

red Wall Street bear icon

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

  • Recent earnings estimates have been cut, indicating potential challenges in meeting financial expectations.
  • Analysts have adjusted price targets downward, which may suggest a lack of confidence in short-term growth prospects.
  • The company has experienced fluctuations in stock performance, with a 1-year low of $35.15, highlighting volatility in its market position.
  • Concerns over operational delays in mining projects could impact future revenue generation and investor confidence.
  • With a P/E ratio of 32.38, the stock may be considered overvalued compared to industry peers, which could deter value-focused investors.

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 $67.81, with a high forecast of $85.00 and a low forecast of $46.00.

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 3 hold ratings, 18 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 downside of -1.43% based on their 12-month stock forecasts.

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

Analysts like Freeport-McMoRan more than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.96 while the average consensus rating score for "basic materials" companies is 2.59. Learn more on how FCX compares to other companies.


This page (NYSE:FCX) was last updated on 6/20/2026 by MarketBeat.com Staff.
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