Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
37.97
-0.46 (-1.18%)
Mar 31, 2025, 3:37 PM EDT - Market open
Freeport-McMoRan Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Freeport-McMoRan stock have an average target of 52.69, with a low estimate of 45 and a high estimate of 60. The average target predicts an increase of 38.79% from the current stock price of 37.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Freeport-McMoRan stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 4 | 5 |
Buy | 2 | 2 | 2 | 3 | 3 | 4 |
Hold | 5 | 5 | 5 | 6 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 10 | 12 | 12 | 13 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JP Morgan | JP Morgan | Hold → Buy Upgrades $48 → $52 | Hold → Buy | Upgrades | $48 → $52 | +36.97% | Mar 20, 2025 |
Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $47 | Hold → Strong Buy | Upgrades | $47 | +23.80% | Mar 6, 2025 |
Jefferies | Jefferies | Hold → Strong Buy Upgrades $40 → $48 | Hold → Strong Buy | Upgrades | $40 → $48 | +26.43% | Feb 27, 2025 |
Scotiabank | Scotiabank | Hold Maintains $48 → $45 | Hold | Maintains | $48 → $45 | +18.53% | Jan 24, 2025 |
BMO Capital | BMO Capital | Buy Maintains $54 → $50 | Buy | Maintains | $54 → $50 | +31.70% | Jan 24, 2025 |
Financial Forecast
Revenue This Year
26.23B
from 25.46B
Increased by 3.06%
Revenue Next Year
29.16B
from 26.23B
Increased by 11.15%
EPS This Year
1.68
from 1.30
Increased by 29.37%
EPS Next Year
2.37
from 1.68
Increased by 40.84%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 29.1B | 36.9B | 40.3B | ||
Avg | 26.2B | 29.2B | 29.9B | ||
Low | 24.1B | 25.2B | 25.4B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 14.2% | 40.6% | 38.1% | ||
Avg | 3.1% | 11.1% | 2.6% | ||
Low | -5.4% | -3.9% | -13.0% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 2.38 | 4.12 | 4.08 | ||
Avg | 1.68 | 2.37 | 2.69 | ||
Low | 0.98 | 1.46 | 1.62 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 83.3% | 144.7% | 72.4% | ||
Avg | 29.4% | 40.8% | 13.7% | ||
Low | -24.5% | -13.2% | -31.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.