FCXFCXBasic Materials · Copper

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

Last close, 6 Aug 2026
$68
−1.76% on the day

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. hold a median 12-month price target of $75 — +10.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 68 of 100 as at 6 Aug 2026 — in the upper half.

Market cap
$99.8B
Ticker Nerd rank
68 / 100
Median analyst target
$75
Analysts covering
23
Total return, dividends reinvested
1W
+7.5%
1M
+12.0%
YTD
+35.2%
1Y
+72.9%
From 52W high
−4.7%
From 52W low
+95.0%
$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 6 Aug 2026
68 / 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
82
Revisions
75
Volatility
75
Accruals
72
Quality
68
Momentum
66
Issuance
49
Growth
37
Size
3

Value (82): 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.

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

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 +10.0% 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.

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
33.0×

Cheaper than 25% of US stocks

Price / sales
3.8×

Cheaper than 34% of US stocks

Price / book
4.8×

Cheaper than 23% of US stocks

EV / EBITDA
12.1×

Cheaper than 32% of US stocks

Growth & margins
Revenue growth (YoY)
−7.3%

Higher than 18% of US stocks

Earnings growth (YoY)
27.5%

Higher than 67% of US stocks

Gross margin
26.5%

Higher than 31% 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
0.9%

Higher than 20% 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.$99.8B
68
SCCOSouthern Copper Corp.$161.0B
80
SHWThe Sherwin-Williams Co.*$89.6B
75
AEMAgnico Eagle Mines Ltd.*$84.1B
75
NEMNewmont Corp.*$115.1B
86
ECLEcolab, Inc.*$80.3B
42
APDAir Products & Chemicals, Inc.*$66.8B
79

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

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.

News

Latest FCX news & analysis

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.

FCX Flashes Buy Signal; This Is Fueling Copper, Rare Earth Stocks

Investors Business Daily · 4 Aug 2026positive

Investor's Business Daily reported on FCX flashing a buy signal, amid rising copper and rare earth stocks. The article cited BMO as saying the copper price is just below a new high but could go higher.

Why it matters — A copper price approaching new highs could directly support Freeport-McMoRan's revenues and margins, making the story relevant to FCX watchers.

Why Freeport-McMoRan (FCX) is a Top Value Stock for the Long-Term

Zacks Investment Research · 3 Aug 2026positive

Zacks Investment Research highlighted Freeport-McMoRan (FCX) as a top value stock for the long term, citing its Zacks Style Scores framework for identifying market-beating stocks.

Why it matters — This signals that a stock-research service rates FCX favorably on long-term value criteria, which is relevant for investors tracking the company.

AI's Biggest Winners Today Will Share the Spotlight as Technology Spreads Across the Entire Market

24/7 Wall Street · 31 July 2026positive

An investing segment noted that while large AI companies currently dominate indexes, the AI buildout is quietly creating a second tier of beneficiaries in power generation and industrial metals.

Why it matters — Freeport-McMoRan, as a major copper producer, could benefit from increased demand for industrial metals tied to AI infrastructure buildout.

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. 68 out of 100 across roughly 4,600 US stocks as at 6 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCX?

As at 6 Aug 2026, Freeport-McMoRan, Inc. ranks 68 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 (82 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 +10.0% from the last close, and Ticker Nerd's factor model ranks Freeport-McMoRan, Inc. 68 out of 100 as at 6 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 +72.9% over the 12 months to 6 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Freeport-McMoRan, Inc. do?

Freeport-McMoRan Inc. is a leading global mining company engaged in the exploration, development, and production of copper, gold, molybdenum, silver, and other metals.

What is the latest news on FCX?

The most recent item we track (Zacks Investment Research, 6 Aug 2026): "Zacks Industry Outlook Southern Copper, Freeport, Lundin, Energy and Ero". 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.

Company

About Freeport-McMoRan, Inc.

Freeport-McMoRan Inc. is a leading global mining company engaged in the exploration, development, and production of copper, gold, molybdenum, silver, and other metals. It operates a diverse portfolio of world-class assets across multiple continents, including the North America Copper Mines segment with open-pit operations in Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona, as well as Chino and Tyrone in New Mexico. The South America Operations encompass Cerro Verde in Peru and El Abra in Chile. In Indonesia, the company manages the Grasberg minerals district, a major source of copper concentrate with significant gold and silver byproducts. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine in Colorado. Additionally, Freeport-McMoRan Inc. maintains rod and refining facilities in North America, along with the Atlantic Copper smelting and refining operations that process copper concentrate and market refined copper and precious metals. Founded in 1987 and headquartered in Phoenix, Arizona, the company plays a vital role in supplying essential metals critical to infrastructure, electronics, renewable energy, and industrial applications worldwide.

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