Freeport-McMoRan Inc. (FCX)
| Market Cap | 85.33B +50.8% |
| Revenue (ttm) | 26.44B +1.7% |
| Net Income | 3.44B +66.3% |
| EPS | 2.38 +67.6% |
| Shares Out | 1.44B |
| PE Ratio | 24.97 |
| Forward PE | 14.68 |
| Dividend | $0.60 (1.01%) |
| Ex-Dividend Date | Oct 15, 2026 |
| Volume | 16,248,865 |
| Open | 59.09 |
| Previous Close | 57.90 |
| Day's Range | 58.30 - 60.52 |
| 52-Week Range | 38.54 - 80.24 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 78.09 (+31.42%) |
| Earnings Date | Oct 27, 2026 |
About FCX
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its nam... [Read more]
Financial Performance
In 2025, Freeport-McMoRan's revenue was $25.92 billion, an increase of 1.81% compared to the previous year's $25.46 billion. Earnings were $2.20 billion, an increase of 16.68%.
Financial StatementsAnalyst Summary
According to 23 analysts, the average rating for FCX stock is "Buy." The 12-month stock price target is $78.09, which is an increase of 31.42% from the latest price.
News
Freeport-McMoRan Board approved $4.5B expansion, modernization program
Freeport announced that its Board of Directors approved a $4.5B expansion and modernization program for its wholly owned Bagdad copper and molybdenum operation in northwest Arizona. The brownfield pro...
Freeport Announces Plans to Boost U.S. Copper & Molybdenum Production
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE:FCX) announced today that its Board of Directors approved a $4.5 billion expansion and modernization program for its wholly owned Bagdad copper and molybdenum ...
Freeport-McMoRan price target lowered to $68 from $75 at Freedom Broker
Freedom Broker analyst Vitaly Kononov lowered the firm’s price target on Freeport-McMoRan (FCX) to $68 from $75 and keeps a Hold rating on the shares. The firm views the company’s…
C3 Metals Intersects 64.9 Metres at 3.45% Copper Equivalent, Including 23.3 Metres at 6.64% Copper Equivalent at its Khaleesi Project, Peru - Highest Grade Copper and Gold Mineralization Intersected to Date at Khaleesi
Toronto, Ontario--(Newsfile Corp. - November 2, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce results of the highest-grade copper-gold-silver...
Freeport-McMoRan price target lowered to $78 from $80 at Scotiabank
Scotiabank lowered the firm’s price target on Freeport-McMoRan (FCX) to $78 from $80 and keeps an Outperform rating on the shares. The firm views Q3 earnings as mixed for the…
Freeport-McMoRan price target lowered to $85 from $88 at UBS
UBS lowered the firm’s price target on Freeport-McMoRan (FCX) to $85 from $88 and keeps a Buy rating on the shares.
Freeport-McMoRan price target lowered to $90 from $92 at JPMorgan
JPMorgan lowered the firm’s price target on Freeport-McMoRan (FCX) to $90 from $92 and keeps an Overweight rating on the shares.
Freeport-McMoRan price target lowered to $79 from $87 at Wells Fargo
Wells Fargo analyst Timna Tanners lowered the firm’s price target on Freeport-McMoRan (FCX) to $79 from $87 and keeps an Overweight rating on the shares. The firm notes that steeper…
Freeport-McMoRan reiterates financial priorities
Says has ‘strong’ liquidity position. Says distributed $1B in returns to shareholders year-to-date.
Freeport-McMoRan says continues to expect Q4 ‘to be strongest of the year’
Says deploying new technology tools and investing to increase U.S. production. Says Cerro Verde continues to demonstrate ‘solid’ operating performance. Says commissioning new facilities at El Abra. Sa...
Freeport-McMoRan says ‘intensely focused’ on execution, delivery
Says ‘increasingly mindful of escalating inflationary pressures’. Says will continued to be focused on balancing investments and growth with shareholder returns.
Freeport-McMoRan says electrification continues to advance at ‘rapid’ pace
Says ‘table is set for growing our volumes in near-term, medium-term, long-term’. Says electrification continues to advance a rapid pace. Says ‘well-positioned’ to capture demand opportunity. Comments...
Freeport-McMoRan says financial position ‘remains strong’
Says steady progress continues at Grasberg. Says advancing future growth plans with a series of projects in progress. Says financial position ‘remains strong’. Says globally copper demand is expected ...
Freeport beats Q3 earnings expectations despite rising costs and sharp drop in gold sales
The earnings bonanza in the mining sector continues as one of the world's largest copper and gold producers reported better-than-expected third-quarter earnings, with higher metal prices offsetting ri...
Freeport-McMoRan Earnings Call Transcript: Q3 2026
Q3 net income rose more than 80% YoY as Grasberg reached 67% capacity and U.S. mining income more than doubled. Copper volumes are poised to grow through 2028, while cost inflation and unproven leach technology remain key considerations.
Freeport-McMoRan Earnings release: Q3 2026
Freeport-McMoRan released its Q3 2026 earnings on October 27, 2026, summarizing the period's financial results.
Freeport-McMoRan Slides: Q3 2026
Freeport-McMoRan has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 27, 2026.
Freeport-McMoRan expects Bagdad expansion investment decision in Q4
For the U.S., the company said, “Copper sales YTD 2026 +2% vs. prior year period; Extreme weather conditions resulted in below-forecast operating rates and productivity in 3Q26; Mining rates +10%…
Freeport-McMoRan says Grasberg recovery on ‘steady path’
Says advancing value-enhancing growth; Projected copper sales volume growth of 23% in 2027e and 11% in 2028; Multiple catalysts on the horizon. Says ongoing focus on operating and capital disciplines,...
Freeport-McMoRan sees FY26 copper sales 3B lbs.
Sees 2027 copper sales 3.7B lbs and 2028 copper sales 4.1B lbs. Sees 2026 gold sales 0.65M ozs., 2027 gold sales 1M ozs and 2028 gold sales 1.2M oz. Sees…
Freeport-McMoRan sees Q4 copper sales 875M lbs
Sees Q4 gold sales 300K oz. Sees Q4 Moly sales 22M lbs.
Freeport-McMoRan reports Q3 adjusted EPS 88c, consensus 83c
Reports Q3 revenue $7.55B, consensus $7.4B. Consolidated production totaled 832 million pounds of copper, 234 thousand ounces of gold and 22 million pounds of molybdenum in third-quarter 2026. Consoli...
Freeport-McMoRan sees FY26 CapEx $4.4B
The company said, “At September 30, 2026, FCX had $4.3 billion in consolidated cash and cash equivalents. FCX also had $3.0 billion of availability under its revolving credit facility, and…
Freeport Third-Quarter and Nine-Month 2026 Financial and Operating Results Release Available on Its Website
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today announced that it has posted its third-quarter and nine-month 2026 financial and operating results press release on the Investor Relations page of ...
Freeport-McMoRan price target raised to $84 from $83 at Barclays
Barclays analyst Richard Garchitorena raised the firm’s price target on Freeport-McMoRan (FCX) to $84 from $83 and keeps an Overweight rating on the shares. The firm adjusted targets in the…