FCXFCXBasic Materials · Copper

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

Last close, 11 Aug 2026
$69
−2.33% on the day

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. hold a median 12-month price target of $75 — +8.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 10 Aug 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$97.5B
Ticker Nerd rank
71 / 100
Median analyst target
$75
Analysts covering
23
Total return, dividends reinvested
1W
+2.3%
1M
+12.2%
YTD
+36.6%
1Y
+67.9%
From 52W high
−3.7%
From 52W low
+97.0%
$35
$72
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 10 Aug 2026
71 / 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
84
Revisions
78
Volatility
75
Accruals
72
Momentum
72
Quality
68
Issuance
49
Growth
37
Size
3

Value (84): 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 (37): 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.

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 $82Median $75Low $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.

What Wall Street says23 analysts
19 Buy3 Hold1 Sell
Low $30Median $75High $82

The green dot is the last close — the median target sits +8.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
27 July 2026BarclaysMaintainsOverweight$80$82
24 July 2026RBC CapitalMaintainsSector Perform$70$73
24 July 2026Wells FargoMaintainsOverweight$68$70
16 July 2026BarclaysMaintainsOverweight$77$80
16 July 2026BarclaysMaintainsOverweight
9 July 2026B of A SecuritiesMaintainsBuy
9 July 2026B of A SecuritiesMaintainsBuy$74$80
9 July 2026Goldman SachsMaintainsBuy
9 July 2026Goldman SachsMaintainsBuy$75$74
9 July 2026JP MorganMaintainsOverweight$73$77
9 July 2026JP MorganMaintainsOverweight
8 July 2026Morgan StanleyMaintainsEqual-Weight$66$70
8 July 2026Morgan StanleyMaintainsEqual-Weight
30 June 2026UBSMaintainsBuy
15 June 2026ScotiabankMaintainsSector Outperform
10 June 2026BernsteinMaintainsMarket Perform
22 May 2026BarclaysInitiatesOverweight
21 May 2026UBSMaintainsBuy
4 May 2026CitigroupMaintainsBuy
24 Apr 2026Morgan StanleyDowngradeEqual-Weight

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.

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
3
Analysts cutting
1
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
34.1×

Cheaper than 24% of US stocks

Price / sales
3.8×

Cheaper than 34% of US stocks

Price / book
5.0×

Cheaper than 22% of US stocks

EV / EBITDA
12.4×

Cheaper than 31% of US stocks

Growth & margins
Revenue growth (YoY)
−7.3%

Higher than 18% of US stocks

Earnings growth (YoY)
27.5%

Higher than 65% 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 74% of US stocks

Return on assets
7.6%

Higher than 87% of US stocks

Dividend yield
0.8%

Higher than 19% of US dividend payers

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

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.$97.5B
71
SCCOSouthern Copper Corp.$167.0B
84
AEMAgnico Eagle Mines Ltd.*$90.4B
77
SHWThe Sherwin-Williams Co.*$89.5B
74
ECLEcolab, Inc.*$80.6B
43
NEMNewmont Corp.*$128.0B
88
APDAir Products & Chemicals, Inc.*$68.6B
78

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

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: Growth On The Horizon, With A Positive Q2 As Significant Growth Operations Continue

Seeking Alpha · 11 Aug 2026positive

The article reports that Freeport-McMoRan is positioned to benefit from strong copper market conditions and robust financials, with growth supported by upgraded ore leaching and major expansion projects at Bagdad, Kucing Liar, and El Abra. Q2 showed an asset-to-liability ratio of approximately 2.17, strong liquidity, and ongoing income generation matching capital expenditures.

Why it matters — The item highlights Freeport-McMoRan's financial health and expansion-driven growth outlook, relevant to investors tracking the company's capacity and stability.

Freeport-McMoRan: Robust Q2, Grasberg Ramp-Up, And Copper Near All-Time Highs

Seeking Alpha · 11 Aug 2026positive

Freeport-McMoRan reported bullish Q2 results, with production and sales exceeding estimates and unit cash costs falling to $1.92/lb, while the Grasberg recovery ramped up faster than expected. The article notes growth initiatives that could boost U.S. copper output by 60% by 2030.

Why it matters — FCX watchers would care because strong operational performance and the acceleration of Grasberg ramp-up indicate improving productivity, while long-term U.S. expansion plans represent a potential future growth driver.

Nucor, ASML Lead Five Stocks Near Buy Points Without This Big Risk

Investors Business Daily · 8 Aug 2026neutral

Investors Business Daily highlighted Nucor and ASML among five stocks near buy points that have already reported earnings, removing the risk of upcoming earnings surprises.

Why it matters — As a fellow mining and metals company, FCX watchers may find the article's analysis of buy points and earnings risk relevant to their own trading considerations.

Zacks Industry Outlook Southern Copper, Freeport, Lundin, Energy and Ero

Zacks Investment Research · 6 Aug 2026neutral

Zacks Investment Research published an Industry Outlook article in which Southern Copper, Freeport-McMoRan, Lundin, Energy and Ero were highlighted. The excerpt notes these companies were featured in the article.

Why it matters — An FCX watcher would care because Freeport-McMoRan is being highlighted in a Zacks industry outlook, signalling that analysts are giving the sector attention.

5 Non-Ferrous Metal Mining Stocks to Watch in a Challenging Industry

Zacks Investment Research · 5 Aug 2026neutral

Zacks Investment Research noted that the non-ferrous metal mining industry has a weak near-term outlook but identified Freeport-McMoRan (FCX) as one of several stocks worth watching due to growth potential.

Why it matters — The article suggests FCX is considered by analysts as a stock to monitor within a challenging industry outlook, which may be relevant for investors tracking the stock's positioning.

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 $75, with estimates ranging from $30 to $82. 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., 19 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Freeport-McMoRan, Inc. 71 out of 100 across roughly 4,600 US stocks as at 10 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCX?

As at 10 Aug 2026, Freeport-McMoRan, Inc. ranks 71 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 (84 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 +8.9% from the last close, and Ticker Nerd's factor model ranks Freeport-McMoRan, Inc. 71 out of 100 as at 10 Aug 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 $82 over the next 12 months.

How has FCX stock performed over the past year?

Freeport-McMoRan, Inc. returned +67.9% over the 12 months to 11 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Freeport-McMoRan, Inc. do?

Freeport-McMoRan Inc. is a leading international metals company focused on the mining, processing, and sale of copper, gold, and molybdenum.

What is the latest news on FCX?

The most recent item we track (Seeking Alpha, 11 Aug 2026): "Freeport-McMoRan: Growth On The Horizon, With A Positive Q2 As Significant Growth Operations Continue". The article reports that Freeport-McMoRan is positioned to benefit from strong copper market conditions and robust financials, with growth supported by upgraded ore leaching and major expansion projects at Bagdad, Kucing Liar, and El Abra. Q2 showed an asset-to-liability ratio of approximately 2.17, strong liquidity, and ongoing income generation matching capital expenditures.

Company

About Freeport-McMoRan, Inc.

Freeport-McMoRan Inc. is a leading international metals company focused on the mining, processing, and sale of copper, gold, and molybdenum. Freeport-McMoRan Inc. operates large-scale assets across the United States, Indonesia, Peru, and Chile, with major interests in copper mines and mineral districts that supply essential materials for electrical infrastructure, industrial manufacturing, construction, and energy-related applications. The company also produces copper concentrate, cathodes, and copper rod, serving smelters, refiners, and industrial customers through integrated operations that span extraction and downstream processing. Its business is centered on copper, making it a significant participant in global base-metals markets and an important supplier to sectors that depend on reliable metal inputs. Headquartered in Phoenix, Arizona, Freeport-McMoRan Inc. remains a diversified mining company with a strong operational footprint in some of the world’s most important copper-producing regions.

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