FCX Logo

Freeport-McMoRan Inc (FCX) Stock Forecast & Price Prediction

Live FCX Stock Price & Analysis

Home โ€บ Stocks โ€บ United States | NYSE | Basic Materials | Copper

$38.46

+0.24 (0.63%)

12 Month Price Forecast For FCX

$38.46
Current Price
$55.44B
Market Cap
22 Ratings
Buy 10
Hold 11
Sell 1
Wall St Analyst Ratings

Distance to FCX Price Forecasts

+61.2%
To High Target of $62.00
+24.8%
To Median Target of $48.00
-35.0%
To Low Target of $25.00

FCX Price Momentum

+5.4%
1 Week Change
-1.3%
1 Month Change
+2.9%
1 Year Change
+1.0%
Year-to-Date Change
-30.4%
From 52W High of $55.24
+10.2%
From 52W Low of $34.89

๐Ÿค” Considering Freeport-McMoRan (FCX)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 7:26 AM UTC

FCX Analyst Ratings & Price Targets

Based on our analysis of 27 Wall Street analysts, FCX has a neutral consensus with a median price target of $48.00 (ranging from $25.00 to $62.00). The overall analyst rating is Buy (7.3/10). Currently trading at $38.46, the median forecast implies a 24.8% upside. This outlook is supported by 10 Buy, 11 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Carlos De Alba at Morgan Stanley, projecting a 61.2% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

FCX Analyst Consensus

10
Buy
11
Hold
1
Sell

FCX Price Target Range

Low
$25.00
Average
$48.00
High
$62.00
Current: $38.46

Latest FCX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for FCX.

Date Firm Analyst Rating Change Price Target
Jan 24, 2025 Scotiabank Orest Wowkodaw Sector Perform Maintains $45.00
Jan 24, 2025 BMO Capital Katja Jancic Outperform Maintains $50.00
Jan 24, 2025 Jefferies Chris LaFemina Hold Downgrade $40.00
Jan 16, 2025 JP Morgan Bill Peterson Neutral Maintains $48.00
Jan 7, 2025 Bernstein Bob Brackett Market Perform Downgrade $46.00
Jan 6, 2025 Scotiabank Orest Wowkodaw Sector Perform Maintains $48.00
Jan 6, 2025 Jefferies Chris LaFemina Buy Maintains $48.00
Oct 23, 2024 Raymond James Brian MacArthur Outperform Maintains $57.00
Oct 23, 2024 Scotiabank Orest Wowkodaw Sector Perform Maintains $52.00
Oct 15, 2024 JP Morgan Bill Peterson Neutral Maintains $55.00
Oct 8, 2024 Scotiabank Orest Wowkodaw Sector Perform Maintains $53.00
Sep 30, 2024 Scotiabank Orest Wowkodaw Sector Perform Downgrade $52.00
Sep 23, 2024 Raymond James Brian MacArthur Outperform Maintains $55.00
Sep 19, 2024 Morgan Stanley Carlos De Alba Overweight Maintains $58.00
Sep 4, 2024 UBS Daniel Major Buy Upgrade $55.00
Aug 19, 2024 Scotiabank Orest Wowkodaw Sector Outperform Maintains $52.00
Jul 24, 2024 Scotiabank Orest Wowkodaw Sector Outperform Maintains $58.00
Jul 24, 2024 Raymond James Brian MacArthur Outperform Maintains $53.00
Jul 24, 2024 RBC Capital Sam Crittenden Sector Perform Reiterates $60.00
Jun 21, 2024 Morgan Stanley Carlos De Alba Overweight Upgrade $62.00

Stocks Similar to Freeport-McMoRan Inc

The following stocks are similar to Freeport-McMoRan based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Freeport-McMoRan Inc (FCX) Financial Data

Freeport-McMoRan Inc has a market capitalization of $55.44B with a P/E ratio of 29.7x. The company generates $25.64B in trailing twelve-month revenue with a 7.8% profit margin.

Revenue growth is +16.6% quarter-over-quarter, while maintaining an operating margin of +29.0% and return on equity of +16.9%.

Valuation Metrics

Market Cap $55.44B
Enterprise Value $72.17B
P/E Ratio 29.7x
PEG Ratio 17.9x
Price/Sales 2.2x

Growth & Margins

Revenue Growth (YoY) +16.6%
Gross Margin +31.1%
Operating Margin +29.0%
Net Margin +7.8%
EPS Growth +15.9%

Financial Health

Cash/Price Ratio +9.0%
Current Ratio 2.3x
Debt/Equity 33.5x
ROE +16.9%
ROA +8.6%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

Freeport-McMoRan Inc logo

Freeport-McMoRan Inc (FCX) Company Overview

About Freeport-McMoRan Inc

What They Do

Engages in mining of mineral properties.

Business Model

The company primarily generates revenue through the exploration and mining of copper, gold, molybdenum, silver, and other metals across its extensive asset portfolio, which includes significant sites in North America and South America, as well as Indonesia. Its operations leverage both open-pit and underground mining techniques, allowing for diversified production and revenue streams.

Additional Information

Freeport-McMoRan Inc. has a long history, incorporated in 1987, and has shifted its focus over the years, changing its name in 2014 to reflect its broader mining ambitions beyond just copper and gold. The company is headquartered in Phoenix, Arizona, and operates several major mining sites, which positions it as a key player in the global mining industry.

Company Information

Sector

Basic Materials

Industry

Copper

Employees

27,200

CEO

Ms. Kathleen Lynne Quirk

Country

United States

IPO Year

1995

Website

fcx.com

Freeport-McMoRan Inc (FCX) Latest News & Analysis

FCX stock latest news image
Quick Summary

Freeport-McMoRan Inc. reports steady earnings and a strong balance sheet, but anticipates production declines in 2025 with modest recovery by 2026-2027, leading to a flat outlook.

Why It Matters

Freeport-McMoRan's earnings reflect stable execution but declining production and limited growth prospects, suggesting potential overvaluation and lower returns for investors.

Source: Seeking Alpha
Market Sentiment: Neutral
FCX stock latest news image
Quick Summary

MAX Resource Corp. (TSXV: MAX) announced an amendment to certain common share purchase warrants from a previous private placement on February 5, 2025.

Why It Matters

Amending share purchase warrants can impact the company's capital structure, potentially affecting share dilution and investor confidence, influencing stock performance and investment decisions.

Source: Newsfile Corp
Market Sentiment: Neutral
FCX stock latest news image
Quick Summary

MAX Resource Corp. (TSXV: MAX) announced updates regarding Max Iron Brazil Ltd. in a news release dated January 31, 2025, following multiple previous announcements in December 2024 and January 2025.

Why It Matters

The announcement indicates ongoing developments for MAX Resource Corp., potentially impacting its stock performance and investor sentiment based on future operational progress and market positioning.

Source: Newsfile Corp
Market Sentiment: Neutral
FCX stock latest news image
Quick Summary

Freeport-McMoRan (FCX) has gained significant attention from Zacks.com users, indicating potential investor interest and factors impacting its stock prospects.

Why It Matters

Increased interest in Freeport-McMoRan (FCX) suggests potential volatility or opportunities, impacting stock performance and investment strategies. Key factors will influence future price movements.

Source: Zacks Investment Research
Market Sentiment: Positive
FCX stock latest news image
Quick Summary

Skeena Resources (TSX:SKE) has made a strategic investment in TDG Gold Corp (TSXV:TDG) to advance the Greater Shasta Project in British Columbia, near a recent discovery by Freeport-McMoRan and Amarc Resources.

Why It Matters

Skeena Resources' investment in TDG Gold enhances its portfolio and may boost project development, potentially increasing shareholder value amid new discoveries nearby.

Source: Accesswire
Market Sentiment: Neutral
FCX stock latest news image
Quick Summary

Oversold stocks in the materials sector may offer investment opportunities in undervalued companies.

Why It Matters

Oversold stocks in the materials sector indicate potential bargain opportunities, suggesting a chance for price recovery and profit for investors.

Source: Benzinga
Market Sentiment: Positive

Frequently Asked Questions About FCX Stock

What is Freeport-McMoRan Inc's (FCX) stock forecast for 2025?

Based on our analysis of 27 Wall Street analysts, Freeport-McMoRan Inc (FCX) has a median price target of $48.00. The highest price target is $62.00 and the lowest is $25.00.

Is FCX stock a good investment in 2025?

According to current analyst ratings, FCX has 10 Buy ratings, 11 Hold ratings, and 1 Sell ratings. The stock is currently trading at $38.46. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for FCX stock?

Wall Street analysts predict FCX stock could reach $48.00 in the next 12 months. This represents a 24.8% increase from the current price of $38.46. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Freeport-McMoRan Inc's business model?

The company primarily generates revenue through the exploration and mining of copper, gold, molybdenum, silver, and other metals across its extensive asset portfolio, which includes significant sites in North America and South America, as well as Indonesia. Its operations leverage both open-pit and underground mining techniques, allowing for diversified production and revenue streams.

What is the highest forecasted price for FCX Freeport-McMoRan Inc?

The highest price target for FCX is $62.00 from Carlos De Alba at Morgan Stanley, which represents a 61.2% increase from the current price of $38.46.

What is the lowest forecasted price for FCX Freeport-McMoRan Inc?

Price targets from Wall Street analysts for FCX are not currently available. The stock is trading at $38.46.

What is the overall FCX consensus from analysts for Freeport-McMoRan Inc?

The overall analyst consensus for FCX is neutral. Out of 27 Wall Street analysts, 10 rate it as Buy, 11 as Hold, and 1 as Sell, with a median price target of $48.00.

How accurate are FCX stock price projections?

Stock price projections, including those for Freeport-McMoRan Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.