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Freeport-McMoRan (FCX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FCX Stock Forecast

Freeport-McMoRan (FCX) stock forecast, based on 37 Wall Street analysts, predicts a 12-month average price target of $44.83, with a high of $58.00 and a low of $23.00. This represents a 34.54% increase from the last price of $33.32.

$20 $28 $36 $44 $52 $60 High: $58 Avg: $44.83 Low: $23 Last Closed Price: $33.32

FCX Stock Rating

Freeport-McMoRan stock's rating consensus is Buy, based on 37 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 19 Buy (51.35%), 15 Hold (40.54%), 3 Sell (8.11%), and 0 Strong Sell (0.00%).

Buy
Total 37 0 3 15 19 Strong Sell Sell Hold Buy Strong Buy

FCX Price Target Upside V Benchmarks

TypeNameUpside
StockFreeport-McMoRan34.54%
SectorBasic Materials Stocks 21.24%
IndustryCopper Stocks List21.06%

Price Target Trends

1M3M12M
# Anlaysts--8
Avg Price Target--$55.13
Last Closing Price$33.32$33.32$33.32
Upside/Downside--65.46%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 255781-21
Mar, 254710-122
Feb, 2546111-22
Jan, 25410101-25
Dec, 2451081-24
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 08, 2024Orest WowkodawScotiabank$53.00$50.794.35%59.06%
Sep 30, 2024Orest WowkodawScotiabank$52.00$51.341.29%56.06%
Sep 19, 2024Carlos De AlbaMorgan Stanley$58.00$45.3927.78%74.07%
Sep 04, 2024Curt WoodworthUBS$55.00$42.0530.80%65.07%
Jul 24, 2024Brian MacArthurRaymond James$53.00$45.2717.08%59.06%
Jun 21, 2024Carlos De AlbaMorgan Stanley$62.00$48.9626.63%86.07%
May 14, 2024Curt WoodworthUBS$54.00$52.043.77%62.06%
Apr 25, 2024David ColemanArgus Research$54.00$48.7010.88%62.06%
Apr 09, 2024Orest WowkodawScotiabank$55.00$50.0010.00%65.07%
Apr 04, 2024Liam FitzpatrickDeutsche Bank$46.00$49.61-7.28%38.06%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 15, 2025UBSBuyBuyhold
Mar 06, 2025Deutsche BankHoldBuyupgrade
Feb 27, 2025JefferiesHoldBuyupgrade
Jan 23, 2025JefferiesHolddowngrade
Oct 23, 2024Raymond JamesOutperformOutperformhold
Oct 15, 2024UBSSector PerformSector Performhold
Oct 15, 2024UBSBuyBuyhold
Oct 14, 2024Morgan StanleyOverweightOverweighthold
Oct 08, 2024ScotiabankSector PerformSector Performhold
Sep 30, 2024ScotiabankUnderperformSector Performdowngrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$0.59$2.93$2.40$1.29$6.56-----
Avg Forecast$0.49$3.15$2.37$1.48$1.42$1.74$2.35$2.70$2.56-
High Forecast$0.53$3.35$2.53$1.51$1.49$2.24$3.61$4.06$2.80-
Low Forecast$0.45$2.88$2.22$1.43$1.37$1.20$1.50$1.93$2.33-
Surprise %20.41%-6.98%1.27%-12.84%361.97%-----

Revenue Forecast

$10B $16B $22B $28B $34B $40B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$14.20B$22.84B$22.78B$22.86B$25.45B-----
Avg Forecast$13.85B$23.09B$22.54B$22.84B$25.62B$26.03B$28.55B$30.38B$35.13B$33.56B
High Forecast$14.53B$24.23B$23.65B$23.11B$25.86B$27.03B$30.89B$31.13B$37.69B$36.02B
Low Forecast$12.94B$21.57B$21.39B$22.69B$25.44B$24.10B$27.00B$29.63B$32.70B$31.24B
Surprise %2.51%-1.07%1.08%0.04%-0.66%-----

Net Income Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$853.00M$4.31B$3.47B$1.84B$9.43B-----
Avg Forecast$514.43M$4.11B$4.96B$1.84B$2.07B$2.37B$3.46B$3.20B$3.69B-
High Forecast$835.54M$4.93B$5.95B$2.21B$2.16B$3.24B$5.22B$5.87B$4.04B-
Low Forecast$193.32M$3.29B$3.97B$1.47B$1.98B$1.74B$2.16B$2.78B$3.36B-
Surprise %65.81%4.81%-30.06%-355.90%-----

FCX Forecast FAQ

Is Freeport-McMoRan stock a buy?

Freeport-McMoRan stock has a consensus rating of Buy, based on 37 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 19 Buy, 15 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Freeport-McMoRan is a favorable investment for most analysts.

What is Freeport-McMoRan's price target?

Freeport-McMoRan's price target, set by 37 Wall Street analysts, averages $44.83 over the next 12 months. The price target range spans from $23 at the low end to $58 at the high end, suggesting a potential 34.54% change from the previous closing price of $33.32.

How does Freeport-McMoRan stock forecast compare to its benchmarks?

Freeport-McMoRan's stock forecast shows a 34.54% upside, outperforming the average forecast for the basic materials stocks sector (21.24%) and outperforming the copper stocks list industry (21.06%).

What is the breakdown of analyst ratings for Freeport-McMoRan over the past three months?

  • April 2025: 23.81% Strong Buy, 33.33% Buy, 38.10% Hold, 4.76% Sell, 0% Strong Sell.
  • March 2025: 18.18% Strong Buy, 31.82% Buy, 45.45% Hold, 0% Sell, 4.55% Strong Sell.
  • February 2025: 18.18% Strong Buy, 27.27% Buy, 50.00% Hold, 4.55% Sell, 0% Strong Sell.

What is Freeport-McMoRan’s EPS forecast?

Freeport-McMoRan's average annual EPS forecast for its fiscal year ending in December 2025 is $1.74, marking a -73.48% decrease from the reported $6.56 in 2024. Estimates for the following years are $2.35 in 2026, $2.7 in 2027, $2.56 in 2028, and $0 in 2029.

What is Freeport-McMoRan’s revenue forecast?

Freeport-McMoRan's average annual revenue forecast for its fiscal year ending in December 2025 is $26.03B, reflecting a 2.24% increase from the reported $25.46B in 2024. The forecast for 2026 is $28.55B, followed by $30.38B for 2027, $35.13B for 2028, and $33.56B for 2029.

What is Freeport-McMoRan’s net income forecast?

Freeport-McMoRan's net income forecast for the fiscal year ending in December 2025 stands at $2.37B, representing a -74.92% decrease from the reported $9.43B in 2024. Projections indicate $3.46B in 2026, $3.2B in 2027, $3.69B in 2028, and $0 in 2029.