FCXFCXBasic Materials · Copper

FCX Stock Forecast: Freeport-McMoRan, Inc. Price Predictions for 2026-2027

Last close, 18 Sept 2026
$72
+0.97% on the day

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. hold a median 12-month price target of $76 — +6.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 73 of 100 as at 19 Sept 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$102.7B
Ticker Nerd rank
73 / 100
Median analyst target
$76
Analysts covering
23
Revenue$7.0B−7.3% y/y
Operating income$2.0B
Net income$1.4B
Free cash flow$944.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.7%
1M
+7.9%
YTD
+41.9%
1Y
+60.9%
From 52W high
−10.5%
From 52W low
+104.6%
$35
$80
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

FCX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Freeport-McMoRan, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 19 Sept 2026
73 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
83
Volatility
83
Revisions
79
Momentum
77
Accruals
73
Quality
67
Issuance
48
Growth
36
Size
3

Value (83): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Growth (36): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

FCX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FCX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$40$50$60$70$80$90Oct 25Jan 26Apr 26Jul 26FCXHigh $85Median $76Low $30

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says23 analysts
18 Buy4 Hold1 Sell
Low $30Median $76High $85

The green dot is the last close — the median target sits +6.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 8 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
16 Sept 2026RBC CapitalMaintainsSector Perform$73$85
9 Sept 2026BernsteinMaintainsMarket Perform$50$47
27 July 2026BarclaysMaintainsOverweight
27 July 2026BarclaysMaintainsOverweight$80$82
24 July 2026RBC CapitalMaintainsSector Perform
24 July 2026RBC CapitalMaintainsSector Perform$70$73
24 July 2026Wells FargoMaintainsOverweight$68$70
24 July 2026Wells FargoMaintainsOverweight
16 July 2026BarclaysMaintainsOverweight
16 July 2026BarclaysMaintainsOverweight$77$80
9 July 2026B of A SecuritiesMaintainsBuy
9 July 2026B of A SecuritiesMaintainsBuy$74$80
9 July 2026Goldman SachsMaintainsBuy$75$74
9 July 2026Goldman SachsMaintainsBuy
9 July 2026JP MorganMaintainsOverweight
9 July 2026JP MorganMaintainsOverweight$73$77
8 July 2026Morgan StanleyMaintainsEqual-Weight$66$70
8 July 2026Morgan StanleyMaintainsEqual-Weight
30 June 2026UBSMaintainsBuy
15 June 2026ScotiabankMaintainsSector Outperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FCX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

FCX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Freeport-McMoRan, Inc. returned +60.9% against +16.3% for the S&P 500, dividends included.

FCX vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180Oct 25Jan 26Apr 26Jul 26FCXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

FCX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+14.3%
Analysts raising
15
Analysts cutting
0
Fundamentals

Freeport-McMoRan, Inc. (FCX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
35.1×

Cheaper than 22% of US stocks

Price / sales
4.0×

Cheaper than 31% of US stocks

Price / book
5.1×

Cheaper than 20% of US stocks

EV / EBITDA
12.7×

Cheaper than 28% of US stocks

Growth & margins
Revenue growth (YoY)
−7.3%

Higher than 18% of US stocks

Earnings growth (YoY)
27.5%

Higher than 64% of US stocks

Gross margin
31.1%

Higher than 36% of US stocks

Operating margin
33.4%

Higher than 89% of US stocks

Net margin
11.4%

Higher than 72% of US stocks

Returns & dividend
Return on equity
14.8%

Higher than 73% of US stocks

Return on assets
7.6%

Higher than 87% of US stocks

Dividend yield
0.8%

Higher than 17% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Freeport-McMoRan, Inc. (FCX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Freeport-McMoRan, Inc. has a market value of $102.7B and an enterprise value of $121.1B.

  • Revenue in the twelve months to 30 June 2026: $25.9B. The latest quarter shrank 7.3% year on year.

  • Net income over the same four quarters: $4.6B, a 17.7% net margin.

  • Diluted earnings per share, trailing twelve months: $2.03.

  • Free cash flow in the twelve months to 30 June 2026: $1.8B, after $4.1B of capital spending.

  • Freeport-McMoRan, Inc. spent $203.0M on share buybacks and $866.0M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 1.4B.

  • Trailing P/E: 35.1×; forward P/E: 17.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.84%, paying out 29% of earnings.

  • Freeport-McMoRan, Inc. employs 29,000 people $892K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 19 Sept 2026

Data provided by Twelve Data

Peers

FCX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCopper
CompanyMarket capTKN rank
FCXFreeport-McMoRan, Inc.$102.7B
73
SCCOSouthern Copper Corp.$165.2B
86
AEMAgnico Eagle Mines Ltd.*$99.9B
82
SHWThe Sherwin-Williams Co.*$79.1B
70
NEMNewmont Corp.*$134.7B
92
ECLEcolab, Inc.*$76.3B
44
TGBTrekor Metals Ltd.$3.2B
81

* Nearest Basic Materials names by size — few copper companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Freeport-McMoRan, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FCX news & analysis

Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowing

Zacks Investment Research · 17 Sept 2026positive

Freeport-McMoRan closed the recent trading session at $70.84, a +2.3% move from its prior day's close. The company outperformed the broader market during this session.

Why it matters — FCX watchers would note the stock's market-beating performance as a signal of recent trading momentum.

C3 Metals Identifies Multiple Coincident Magnetic and Gravity Anomalies to Drill at Its Khaleesi Project, Peru

Newsfile Corp · 17 Sept 2026neutral

C3 Metals Inc. announced that its geophysics contractor completed new drone magnetic and gravity surveys at its 100%-owned Khaleesi copper project in southern Peru, identifying multiple coincident magnetic and gravity anomalies to be drill-tested. The high-resolution UAV surveys were initially planned over 900 hectares.

Why it matters — FCX watchers may find this notable as it reflects ongoing copper exploration activity in southern Peru, the same region where Freeport-McMoRan operates its Cerro Verde mine.

Freeport-McMoRan Inc. (FCX) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript

Seeking Alpha · 16 Sept 2026neutral

Freeport-McMoRan Inc. presented at Morgan Stanley's 14th Annual Laguna Conference, with a transcript of the presentation made available via Seeking Alpha. The item reports on the company's participation in the industry conference.

Why it matters — FCX watchers can gain insight into the company's perspectives and messaging as shared during a major investor conference.

Freeport-McMoRan Eyes Leach Breakthrough, Bagdad Growth and Grasberg Recovery

MarketBeat · 16 Sept 2026positive

Freeport-McMoRan President and CEO Kathleen Quirk outlined the company's growth plans during a Morgan Stanley conference discussion, citing U.S. brownfield expansions, technology investments, and recovery efforts at its Grasberg mine in Indonesia as key drivers.

Why it matters — FCX watchers would care because the company's leadership publicly outlined its strategic growth pipeline, including U.S. expansion, technology, and the recovery of its major Grasberg operation.

Will FCX's Margins Hold Up as Copper Production Costs Rise?

Zacks Investment Research · 15 Sept 2026negative

Freeport-McMoRan's copper production costs are rising as volumes decline, which is putting pressure on its margins even though metal prices are higher. The company faces margin pressure from the combination of higher costs and lower output.

Why it matters — A FCX watcher would care because rising costs coupled with falling volumes could erode the company's profitability margins despite the benefit of higher copper prices.

FAQ

Frequently asked questions about FCX stock

What is the FCX stock price forecast for 2026-2027?

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. have a median 12-month price target of $76, with estimates ranging from $30 to $85. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FCX stock a buy right now?

Of the 23 analysts covering Freeport-McMoRan, Inc., 18 rate it a Buy, 4 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Freeport-McMoRan, Inc. 73 out of 100 across roughly 4,600 US stocks as at 19 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCX?

As at 19 Sept 2026, Freeport-McMoRan, Inc. ranks 73 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (83 of 100).

Will FCX stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +6.2% from the last close, and Ticker Nerd's factor model ranks Freeport-McMoRan, Inc. 73 out of 100 as at 19 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FCX stock forecast for 2030?

No analyst covering Freeport-McMoRan, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FCX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $30 to $85 over the next 12 months.

How has FCX stock performed over the past year?

Freeport-McMoRan, Inc. returned +60.9% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Freeport-McMoRan, Inc. do?

Freeport-McMoRan Inc. is a global mining company focused on the exploration, extraction, and processing of copper, gold, molybdenum, silver, and other metals.

What is the latest news on FCX?

The most recent item we track (Zacks Investment Research, 17 Sept 2026): "Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowing". Freeport-McMoRan closed the recent trading session at $70.84, a +2.3% move from its prior day's close. The company outperformed the broader market during this session.

Company

About Freeport-McMoRan, Inc.

Freeport-McMoRan Inc. is a global mining company focused on the exploration, extraction, and processing of copper, gold, molybdenum, silver, and other metals. Its operations span major mining districts in North America, South America, and Indonesia, with a portfolio centered on long-lived copper assets and integrated processing capabilities. The company serves industrial markets that rely on copper for electrification, infrastructure, manufacturing, and energy systems, while also producing byproducts used across broader metals markets. Freeport-McMoRan Inc. operates through multiple business segments, including U.S. copper mines, South America operations, Indonesia operations, molybdenum mines, and U.S. rod and refining, supported by smelting, refining, and copper rod production. Headquartered in Phoenix, Arizona, Freeport-McMoRan Inc. remains a major supplier of copper and other mined commodities to global markets.

CEO Ms. Kathleen Lynne Quirk · 29,000 employees · United States · https://fcx.com