Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
35.19
+1.13 (3.32%)
At close: Apr 23, 2025, 4:00 PM
35.15
-0.04 (-0.11%)
After-hours: Apr 23, 2025, 6:51 PM EDT
Freeport-McMoRan Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Freeport-McMoRan stock have an average target of 48.77, with a low estimate of 39 and a high estimate of 60. The average target predicts an increase of 38.59% from the current stock price of 35.19.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 5 | 4 |
| Buy | 2 | 2 | 3 | 3 | 4 | 5 |
| Hold | 5 | 5 | 6 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $39 | Hold → Buy | Upgrades | $39 | +10.83% | Apr 16, 2025 |
| UBS | UBS | Strong Buy Maintains $52 → $45 | Strong Buy | Maintains | $52 → $45 | +27.88% | Apr 15, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $52 → $42 | Buy | Maintains | $52 → $42 | +19.35% | Apr 10, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $45 → $40 | Hold | Maintains | $45 → $40 | +13.67% | Apr 7, 2025 |
| Raymond James | Raymond James | Buy Maintains $49 → $51 | Buy | Maintains | $49 → $51 | +44.93% | Apr 4, 2025 |
Financial Forecast
Revenue This Year
26.52B
from 25.46B
Increased by 4.17%
Revenue Next Year
29.44B
from 26.52B
Increased by 11.02%
EPS This Year
1.67
from 1.30
Increased by 28.43%
EPS Next Year
2.30
from 1.67
Increased by 37.71%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.5B | 36.9B | 40.3B | ||
| Avg | 26.5B | 29.4B | 30.6B | ||
| Low | 23.7B | 25.1B | 25.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.8% | 39.1% | 36.8% | ||
| Avg | 4.2% | 11.0% | 3.8% | ||
| Low | -6.8% | -5.2% | -13.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.58 | 4.13 | 4.35 | ||
| Avg | 1.67 | 2.30 | 2.87 | ||
| Low | 0.85 | 1.46 | 1.62 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 98.7% | 147.1% | 89.1% | ||
| Avg | 28.4% | 37.7% | 24.7% | ||
| Low | -34.4% | -12.5% | -29.7% |
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.