FCXFCXBasic Materials · Copper

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

Last close, 5 Nov 2026
$58
−7.51% on the day

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. hold a median 12-month price target of $82 — +40.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 5 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$83.1B
Ticker Nerd rank
76/ 100
Median analyst target
$82
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
−12.5%
1M
−20.1%
YTD
+15.1%
1Y
+45.3%
From 52W high
−27.4%
From 52W low
+51.2%
$38
$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 5 Nov 2026
76/ 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
90
Volatility
80
Momentum
79
Quality
76
Revisions
72
Accruals
68
Issuance
49
Growth
43
Size
3

Value (90): 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 (43): 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 systematic trader with 15+ 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$90Jan 26Apr 26Jul 26Oct 26FCXHigh $90Median $82Low $33

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 $33Median $82High $90

The green dot is the last close — the median target sits +40.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
2 Nov 2026Freedom BrokerMaintainsHold$75 → $68
28 Oct 2026JP MorganMaintainsOverweight$92 → $90
28 Oct 2026ScotiabankMaintainsSector Outperform$80 → $78
28 Oct 2026UBSMaintainsBuy$88 → $85
28 Oct 2026Wells FargoMaintainsOverweight$87 → $79
19 Oct 2026BarclaysMaintainsOverweight—
19 Oct 2026BarclaysMaintainsOverweight$83 → $84
8 Oct 2026UBSMaintainsBuy$77 → $78
8 Oct 2026UBSMaintainsBuy—
7 Oct 2026JP MorganMaintainsOverweight$77 → $92
7 Oct 2026JP MorganMaintainsOverweight—
7 Oct 2026Morgan StanleyMaintainsEqual-Weight$70 → $75
7 Oct 2026Morgan StanleyMaintainsEqual-Weight—
6 Oct 2026BarclaysMaintainsOverweight$82 → $83
6 Oct 2026BarclaysMaintainsOverweight—
6 Oct 2026Wells FargoMaintainsOverweight$70 → $87
6 Oct 2026Wells FargoMaintainsOverweight—
5 Oct 2026CitigroupMaintainsBuy$66 → $84
5 Oct 2026CitigroupMaintainsBuy—
16 Sept 2026RBC CapitalMaintainsSector Perform—

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.

FCX appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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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 5 Nov 2026, Freeport-McMoRan, Inc. returned +45.3% against +9.3% for the S&P 500, dividends included.

FCX vs S&P 500, last 12 monthsTotal return, rebased to 100
100120140160180200Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
+8.5%
Analysts raising
9
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
24.3×

Cheaper than 31% of US stocks

Price / sales
3.1×

Cheaper than 37% of US stocks

Price / book
3.9×

Cheaper than 24% of US stocks

EV / EBITDA
10.7×

Cheaper than 35% of US stocks

Growth & margins
Revenue growth (YoY)
8.2%

Higher than 48% of US stocks

Earnings growth (YoY)
74.2%

Higher than 80% of US stocks

Gross margin
31.1%

Higher than 36% of US stocks

Operating margin
35.3%

Higher than 90% of US stocks

Net margin
13.0%

Higher than 75% of US stocks

Returns & dividend
Return on equity
15.7%

Higher than 75% of US stocks

Return on assets
8.0%

Higher than 88% of US stocks

Dividend yield
1.0%

Higher than 71% 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 $83.1B and an enterprise value of $106.3B.

  • Revenue in the twelve months to 30 June 2026: $25.9B. The latest quarter grew 8.2% 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: 24.3×; forward P/E: 13.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.04%, paying out 30% 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 6 Nov 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.$83.1B76
SCCOSouthern Copper Corp.$141.1B90
SHWThe Sherwin-Williams Co.*$86.1B65
ECLEcolab, Inc.*$86.6B49
APDAir Products & Chemicals, Inc.*$68.9B79
CRHCRH Plc*$64.0B33
NUENucor Corp.*$56.2B92

* 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

Are Basic Materials Stocks Lagging FreeportMcMoRan (FCX) This Year?

Zacks Investment Research · 5 Nov 2026neutral

The Zacks item compares Freeport-McMoRan (FCX) and L.B. Foster (FSTR) with their sector performance so far this year. The excerpt does not provide the results of that comparison.

Why it matters — FCX watchers are alerted to a year-to-date sector-performance comparison, but the excerpt gives no specific performance details.

Democratic Sweep May Turn the Tide in Favor of Cyclical Stocks: 5 Picks

Zacks Investment Research · 5 Nov 2026positive

Zacks Investment Research says a potential Democrat-led Congress could shift investor focus from AI stocks to cyclical sectors, naming FCX among five stocks in the spotlight.

Why it matters — FCX is included among the cyclical stocks that the article says could draw investor attention under that scenario.

Wall Street Analysts Think Freeport-McMoRan (FCX) Is a Good Investment: Is It?

Zacks Investment Research · 5 Nov 2026neutral

The article discusses how investors may rely on Wall Street analysts’ recommendations when deciding whether to buy, sell, or hold a stock. It notes that media reports about analysts changing ratings can affect a stock’s price.

Why it matters — FCX watchers may find analyst recommendations and rating changes relevant because coverage of them can influence market attention and the stock’s price.

Investors Heavily Search Freeport-McMoRan Inc. (FCX): Here is What You Need to Know

Zacks Investment Research · 5 Nov 2026neutral

Zacks Investment Research reports that users of Zacks.com have recently been watching Freeport-McMoRan (FCX) closely. The excerpt says it is worth knowing the facts that could determine the stock’s prospects, but does not provide those facts.

Why it matters — The item notes heightened attention to FCX but offers no specific company developments or factors affecting its prospects.

Freeport-McMoRan: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 4 Nov 2026positive

Freeport-McMoRan expects copper sales volumes in 2027 to grow by more than 20%. New leaching additives achieved lab recoveries over four times the initial results.

Why it matters — The projected sales growth and improved lab recovery results are relevant to FCX watchers assessing its long-term copper production outlook.

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 $82, with estimates ranging from $33 to $90. 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. 76 out of 100 across roughly 4,600 US stocks as at 5 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCX?

As at 5 Nov 2026, Freeport-McMoRan, Inc. ranks 76 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 (90 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 +40.8% from the last close, and Ticker Nerd's factor model ranks Freeport-McMoRan, Inc. 76 out of 100 as at 5 Nov 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: $33 to $90 over the next 12 months.

How has FCX stock performed over the past year?

Freeport-McMoRan, Inc. returned +45.3% over the 12 months to 5 Nov 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, 5 Nov 2026): "Are Basic Materials Stocks Lagging FreeportMcMoRan (FCX) This Year?". The Zacks item compares Freeport-McMoRan (FCX) and L.B. Foster (FSTR) with their sector performance so far this year. The excerpt does not provide the results of that comparison.

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