Skip to main
FCX

Freeport-McMoRan (FCX) Stock Forecast & Price Target

Freeport-McMoRan (FCX) Analyst Ratings

Based on 15 analyst ratings
Buy
Strong Buy 40%
Buy 47%
Hold 13%
Sell 0%
Strong Sell 0%

Bulls say

Freeport-McMoRan's ownership of key copper mines, including a 49% stake in the Grasberg operations, positions it as one of the world's largest copper producers, with a projected sales increase to approximately 1.3 million metric tons of copper and 610,000 ounces of gold by 2030. The company's robust balance sheet and strong free cash flow (FCF) profile are anticipated to enhance shareholder returns as Grasberg recovers from a past operational incident, with forecasted FCF improvements of $2.5 billion, $4.7 billion, and $3.5 billion for 2026 to 2028. Additionally, Freeport's commitment to sustainability, evidenced by reductions in greenhouse gas emissions and investments in renewable energy, underscores its long-term operational resilience and market competitiveness.

Bears say

Freeport-McMoRan's updated capital expenditure guidance for 2026 at $4.1 billion, which is significantly lower than previous estimates, indicates potential deficiencies in operational investment, likely leading to production shortfalls. The company's expected consensus EBITDA decline of approximately 20% suggests further downward pressure on valuations, with reduced multiples indicating that the stock is aligning with its copper peers rather than maintaining a premium position. In downside scenarios where production is severely impacted, projections suggest share prices could plummet to $28, making the outlook for Freeport-McMoRan increasingly negative.

Freeport-McMoRan (FCX) has been analyzed by 15 analysts, with a consensus rating of Buy. 40% of analysts recommend a Strong Buy, 47% recommend Buy, 13% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Freeport-McMoRan and is not a guaranteed prediction by Public.com or investment advice.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

FAQs About Freeport-McMoRan (FCX) Forecast

Analysts have given Freeport-McMoRan (FCX) a Buy based on their latest research and market trends.

According to 15 analysts, Freeport-McMoRan (FCX) has a Buy consensus rating as of Mar 21, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $54.47, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $54.47, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Freeport-McMoRan (FCX)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.