FCXFCXBasic Materials · Copper

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

Last close, 16 Oct 2026
$70
−0.74% on the day

The 23 Wall Street analysts covering Freeport-McMoRan, Inc. hold a median 12-month price target of $82 — +17.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 83 of 100 as at 15 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$100.6B
Ticker Nerd rank
83 / 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
−5.4%
1M
+0.6%
YTD
+38.2%
1Y
+68.3%
From 52W high
−12.8%
From 52W low
+81.6%
$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 15 Oct 2026
83 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
92
Value
90
Volatility
82
Momentum
80
Quality
74
Accruals
73
Issuance
48
Growth
36
Size
3

Revisions (92): Analysts have, on balance, been raising their forecasts.

Growth (36): 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 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
$20$40$60$80$100Jan 26Apr 26Jul 26Oct 26FCXHigh $92Median $82Low $32

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 $32Median $82High $92

The green dot is the last close — the median target sits +17.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 12 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
8 Oct 2026UBSMaintainsBuy$77 → $78
7 Oct 2026JP MorganMaintainsOverweight$77 → $92
7 Oct 2026Morgan StanleyMaintainsEqual-Weight$70 → $75
6 Oct 2026BarclaysMaintainsOverweight$82 → $83
6 Oct 2026Wells FargoMaintainsOverweight$70 → $87
5 Oct 2026CitigroupMaintainsBuy$66 → $84
16 Sept 2026RBC CapitalMaintainsSector Perform$73 → $85
16 Sept 2026RBC CapitalMaintainsSector Perform—
9 Sept 2026BernsteinMaintainsMarket Perform—
9 Sept 2026BernsteinMaintainsMarket Perform$50 → $47
27 July 2026BarclaysMaintainsOverweight—
27 July 2026BarclaysMaintainsOverweight$80 → $82
24 July 2026RBC CapitalMaintainsSector Perform$70 → $73
24 July 2026RBC CapitalMaintainsSector Perform—
24 July 2026Wells FargoMaintainsOverweight—
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

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 16 Oct 2026, Freeport-McMoRan, Inc. returned +68.3% against +16.8% for the S&P 500, dividends included.

FCX vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180200Jan 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 movingNext fiscal year
EPS revision, 90 days
+14.7%
Analysts raising
3
Analysts cutting
0
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
35.9×

Cheaper than 21% of US stocks

Price / sales
3.9×

Cheaper than 30% of US stocks

Price / book
5.0×

Cheaper than 19% of US stocks

EV / EBITDA
12.5×

Cheaper than 29% of US stocks

Growth & margins
Revenue growth (YoY)
−7.3%

Higher than 18% of US stocks

Earnings growth (YoY)
27.5%

Higher than 64% of US stocks

Gross margin
31.1%

Higher than 36% of US stocks

Operating margin
33.4%

Higher than 88% 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 69% 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 $100.6B and an enterprise value of $119.0B.

  • 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: 35.9×; forward P/E: 16.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.86%, 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 16 Oct 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.$100.6B
83
SCCOSouthern Copper Corp.$170.3B
90
AEMAgnico Eagle Mines Ltd.*$94.7B
—
SHWThe Sherwin-Williams Co.*$83.1B
71
ECLEcolab, Inc.*$82.4B
48
NEMNewmont Corp.*$126.4B
93
APDAir Products & Chemicals, Inc.*$66.0B
76

* 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

Freeport-McMoRan: Grasberg Is Back On Schedule

Seeking Alpha · 16 Oct 2026positive

Grasberg is running slightly ahead of its revised plan, and Freeport-McMoRan reaffirmed targets of 80% capacity by mid-2027 and near-full capacity by year-end 2027. The article also presents a valuation based on forecast EBITDA and a higher copper-price assumption.

Why it matters — Grasberg’s progress and reaffirmed ramp-up targets are relevant to FCX watchers tracking the mine’s operating recovery.

5 Copper and Precious Metals Stocks Likely to Beat Q3 Estimates

Zacks Investment Research · 15 Oct 2026positive

Zacks Investment Research says FCX and four other mining and precious-metals royalty companies are likely to beat third-quarter 2026 earnings estimates, with elevated metal prices supporting growth.

Why it matters — FCX is among the companies identified as likely to exceed estimates, and the excerpt cites elevated metal prices as support for growth.

The AI Boom Has a Copper Problem, and Here's One Stock the Smart Money Is Betting On

InvestorPlace · 11 Oct 2026neutral

InvestorPlace's headline frames copper demand as a challenge for the AI boom and says one stock is attracting smart-money interest. The excerpt notes copper is essential for electronics but does not identify the stock or provide further details.

Why it matters — FCX watchers may note the article's link between copper and electronics, though the supplied text does not establish that FCX is the stock mentioned.

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 $32 to $92. 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. 83 out of 100 across roughly 4,600 US stocks as at 15 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCX?

As at 15 Oct 2026, Freeport-McMoRan, Inc. ranks 83 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 Revisions (92 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 +17.9% from the last close, and Ticker Nerd's factor model ranks Freeport-McMoRan, Inc. 83 out of 100 as at 15 Oct 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: $32 to $92 over the next 12 months.

How has FCX stock performed over the past year?

Freeport-McMoRan, Inc. returned +68.3% over the 12 months to 16 Oct 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 (Seeking Alpha, 16 Oct 2026): "Freeport-McMoRan: Grasberg Is Back On Schedule". Grasberg is running slightly ahead of its revised plan, and Freeport-McMoRan reaffirmed targets of 80% capacity by mid-2027 and near-full capacity by year-end 2027. The article also presents a valuation based on forecast EBITDA and a higher copper-price assumption.

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