Freeport-McMoRan Inc. (FCX)
| Market Cap | 103.19B +81.2% |
| Revenue (ttm) | 25.87B +0.2% |
| Net Income | 2.94B +53.1% |
| EPS | 2.04 +54.6% |
| Shares Out | 1.44B |
| PE Ratio | 35.56 |
| Forward PE | 19.19 |
| Dividend | $0.60 (0.84%) |
| Ex-Dividend Date | Oct 15, 2026 |
| Volume | 11,747,294 |
| Open | 71.32 |
| Previous Close | 72.56 |
| Day's Range | 70.62 - 72.10 |
| 52-Week Range | 38.54 - 80.24 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 75.50 (+5.07%) |
| 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 $75.5, which is an increase of 5.07% from the latest price.
News
Freeport-McMoRan price target raised to $75 from $70 at Morgan Stanley
Morgan Stanley analyst Carlos De Alba raised the firm’s price target on Freeport-McMoRan (FCX) to $75 from $70 and keeps an Equal Weight rating on the shares. In a note…
Three stocks to buy as Deutsche Bank says copper could hit $10 a pound
Deutsche Bank believes the surge in copper prices in its early inning only. According to the investment firm, aggressive demand from artificial intelligence (AI) and electric vehicles (EVs) could driv...
Freeport-McMoRan price target raised to $92 from $77 at JPMorgan
JPMorgan analyst Bill Peterson raised the firm’s price target on Freeport-McMoRan (FCX) to $92 from $77 and keeps an Overweight rating on the shares. The firm adjusted targets in the…
Freeport-McMoRan price target raised to $83 from $82 at Barclays
Barclays raised the firm’s price target on Freeport-McMoRan (FCX) to $83 from $82 and keeps an Overweight rating on the shares. The company’s Q3 production update maintained copper production and…
Freeport-McMoRan price target raised to $84 from $66 at Citi
Citi raised the firm’s price target on Freeport-McMoRan (FCX) to $84 from $66 and keeps a Buy rating on the shares following the company’s updated guidance. Citi believes Freeport’s Grasberg…
Freeport-McMoRan reports Q3 consolidated copper production of 830M lbs
Third-quarter 2026 consolidated copper production of approximately 830 million pounds was in line with expectations, with slightly better results from international operations offsetting slightly lowe...
Freeport Provides Third-Quarter 2026 Operational Update
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today provided an update on its third-quarter 2026 operating results. CONSOLIDATED RESULTS Third-quarter 2026 consolidated copper production of approxima...
NTHM's Index Rebalance Puts Thematic Rotation to Work
The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP...
Freeport Declares Quarterly Cash Dividends on Common Stock
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on November 2, 2026, to shareholders...
Freeport-McMoRan Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Freeport-McMoRan Inc. - FCX
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced...
C3 Metals Identifies Multiple Coincident Magnetic and Gravity Anomalies to Drill at Its Khaleesi Project, Peru
Toronto, Ontario--(Newsfile Corp. - September 17, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that its geophysics contractor has completed ...
Freeport-McMoRan Transcript: Morgan Stanley's 14th Annual Laguna Conference
The conference highlighted ambitious growth plans centered on copper, with major investments in technology and brownfield expansions in the U.S. and South America. Key initiatives include scaling up leaching technology, cost reduction efforts, and a potential Bagdad mine expansion, while Indonesia operations recover and ramp up.
Tariff uncertainty creates Freeport-McMoRan opportunity, says Goldman Sachs
Freeport-McMoRan’s (FCX) sharp selloff appears overdone given that the latest White House report adds no clarity on whether refined copper tariffs will be implemented or delayed, creating an attractiv...
Freeport-McMoRan Transcript: Jefferies Global Industrials Conference 2026
Growth is driven by U.S. and Indonesian operations, with major projects in Chile and Peru. Innovative leaching technology could unlock 40 billion pounds of copper, while U.S. government incentives and automation support expansion. Grasberg recovery and Bagdad expansion are key near-term priorities.
Freeport-McMoRan price target lowered to $47 from $50 at Bernstein
Bernstein lowered the firm’s price target on Freeport-McMoRan (FCX) to $47 from $50 and keeps a Market Perform rating on the shares. The firm notes the nickel supply chain is…
Copper Prices Hit Record High. These Stocks Are Jumping.
Copper prices hit a record high Tuesday due to concerns over potential U.S. tariffs and supply problems amid surging demand for AI data-center infrastructure.
Freeport-McMoRan downgraded to Hold from Buy at Freedom Broker
Freedom Broker downgraded Freeport-McMoRan (FCX) to Hold from Buy with an unchanged price target of $75. The firm adjusted ratings in the metals and mining space following the first half…
How to profit from September stock-market weakness
It's possible to exploit September's poor seasonal stock-market odds without going short the market. Instead, you can shift into industries and sectors that historically have done well in September.
Freeport-McMoRan initiated with a Buy at Erste Group
Erste Group initiated coverage of Freeport-McMoRan (FCX) with a Buy rating. The firm says the company’s revenue and profit growth will be significantly above the sector average in 2026 and…
Trump to host mining CEOs as administration seeks minerals for defense supply chains
U.S. President Donald Trump will convene executives from some of the world's largest mining companies at the State Department on Friday as his administration intensifies efforts to secure domestic an...
Freeport-McMoRan Earnings Call Transcript: Q2 2026
Q2 2026 saw strong operational and financial performance, with U.S. operations driving a 65% increase in net income year-over-year and significant progress at Grasberg. The company is advancing major growth projects, maintaining a robust balance sheet, and expects higher sales and production in the coming periods.
Freeport-McMoRan Earnings release: Q2 2026
Freeport-McMoRan released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
Freeport-McMoRan Slides: Q2 2026
Freeport-McMoRan has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.
Freeport-McMoRan Quarterly report: Q2 2026
Freeport-McMoRan has published its Q2 2026 quarterly earnings report on July 23, 2026.