FCXFCXBasic Materials · Copper

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

Last close, 28 Aug 2026
$76
−2.51% on the day

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. hold a median 12-month price target of $75 — -1.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 73 of 100 as at 29 Aug 2026 — in the upper half. The factors read stronger than the Street's target implies. That gap is the story on this page.

Market cap
$109.8B
Ticker Nerd rank
73 / 100
Median analyst target
$75
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
−0.3%
1M
+24.0%
YTD
+51.6%
1Y
+74.1%
From 52W high
−4.3%
From 52W low
+118.6%
$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 29 Aug 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

Volatility
83
Value
83
Revisions
79
Momentum
77
Accruals
73
Quality
67
Issuance
48
Growth
36
Size
2

Volatility (83): The share price has been relatively steady.

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

Size (2): 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 $83Median $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.

Data provided by Twelve Data

What Wall Street says23 analysts
19 Buy3 Hold1 Sell
Low $30Median $75High $83

The green dot is the last close — the median target sits −1.9% 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.

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 28 Aug 2026, Freeport-McMoRan, Inc. returned +74.1% against +19.9% 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
+14.6%
Analysts raising
12
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
37.5×

Cheaper than 21% of US stocks

Price / sales
4.2×

Cheaper than 30% of US stocks

Price / book
5.5×

Cheaper than 20% of US stocks

EV / EBITDA
13.4×

Cheaper than 27% 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 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 $109.8B and an enterprise value of $128.2B.

  • 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: 37.5×; forward P/E: 18.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.78%, 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 30 Aug 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.$109.8B
73
SCCOSouthern Copper Corp.$177.1B
84
AEMAgnico Eagle Mines Ltd.*$103.3B
79
NEMNewmont Corp.*$139.7B
90
SHWThe Sherwin-Williams Co.*$85.1B
71
ECLEcolab, Inc.*$81.2B
46
APDAir Products & Chemicals, Inc.*$68.6B
77

* 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

How to profit from September stock-market weakness

Market Watch · 31 Aug 2026neutral

MarketWatch reports on strategies to profit from September's historically weak stock-market performance without shorting the market, suggesting investors instead shift into industries and sectors that have historically performed well during September.

Why it matters — FCX watchers may be interested because the article discusses sector rotation based on seasonal performance, which could relate to which industries attract investment during September.

Freeport-McMoRan (FCX) Suffers a Larger Drop Than the General Market: Key Insights

Zacks Investment Research · 28 Aug 2026negative

Freeport-McMoRan (FCX) fell 2.51% to close at $76.45 in the latest trading session, a larger decline than the broader market. The report highlights this underperformance relative to the general market.

Why it matters — FCX watchers would note the stock's sharper-than-market drop as a signal of relative weakness in recent trading.

Here's Why Freeport-McMoRan (FCX) is a Strong Momentum Stock

Zacks Investment Research · 28 Aug 2026positive

Zacks Investment Research highlights Freeport-McMoRan (FCX) as a strong momentum stock, using the Zacks Style Scores feature of its Premium research service to identify the company among top-performing stocks. The article suggests FCX fits into the momentum investing category.

Why it matters — The positive designation from Zacks' Style Scores signals that FCX is attracting attention as a momentum pick, which FCX watchers may find relevant when assessing the stock's current market standing.

FCX vs. BHP: Which Copper Mining Giant Should You Bet on Now?

Zacks Investment Research · 27 Aug 2026positive

Zacks compares Freeport-McMoRan and BHP Group, noting that both copper miners are capitalizing on favorable copper prices and advancing growth projects backed by strong financial health.

Why it matters — The article highlights Freeport's position among major copper miners and its ongoing growth projects, which is relevant for investors tracking FCX's competitive standing.

Freeport-McMoRan Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Freeport-McMoRan Inc. - FCX

Business Wire · 24 Aug 2026negative

The law firm Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti Jr., announced it has initiated an investigation into the officers and directors of Freeport-McMoRan Inc. The probe relates to the Company's September 24, 2025 press release updating the status of a previously reported mud rush at PT Freeport Indonesia operations.

Why it matters — A regulatory or legal investigation into company leadership tied to the PT Freeport Indonesia mud rush could affect investor perception of Freeport-McMoRan's handling of its Indonesian operations.

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 $83. 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. 73 out of 100 across roughly 4,600 US stocks as at 29 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCX?

As at 29 Aug 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 Volatility (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 -1.9% from the last close, and Ticker Nerd's factor model ranks Freeport-McMoRan, Inc. 73 out of 100 as at 29 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 $83 over the next 12 months.

How has FCX stock performed over the past year?

Freeport-McMoRan, Inc. returned +74.1% over the 12 months to 28 Aug 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 (Market Watch, 31 Aug 2026): "How to profit from September stock-market weakness". MarketWatch reports on strategies to profit from September's historically weak stock-market performance without shorting the market, suggesting investors instead shift into industries and sectors that have historically performed well during September.

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