Freeport-McMoRan Inc. (FCX)

Stock Price Forecast

The 11 analysts that cover Freeport-McMoRan stock have a consensus rating of "Buy" and an average price target of $48.73, which forecasts a 17.11% increase in the stock price over the next year. The lowest target is $39 and the highest is $60.

Price Target: $48.73 (+17.11%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$39	$48.73	$48	$60
Change	-6.27%	+17.11%	+15.36%	+44.20%

Analyst Ratings

The average analyst rating for Freeport-McMoRan stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	3	4	5	4	3	3
Buy	3	3	4	5	5	6
Hold	6	5	4	4	4	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	13	13	12	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Orest Wowkodaw Scotiabank	Scotiabank	Hold → Buy Upgrades $43 → $48	Hold → Buy	Upgrades	$43 → $48	+15.36%	Jun 16, 2025
Orest Wowkodaw Scotiabank	Scotiabank	Hold Maintains $40 → $43	Hold	Maintains	$40 → $43	+3.34%	May 14, 2025
Chris LaFemina Jefferies	Jefferies	Strong Buy Maintains $48 → $50	Strong Buy	Maintains	$48 → $50	+20.16%	Apr 25, 2025
Timna Tanners Wolfe Research	Wolfe Research	Hold → Buy Upgrades $39	Hold → Buy	Upgrades	$39	-6.27%	Apr 16, 2025
Daniel Major UBS	UBS	Strong Buy Maintains $52 → $45	Strong Buy	Maintains	$52 → $45	+8.15%	Apr 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

27.14B

Increased by 6.62%

from 25.46B

Revenue Next Year

29.28B

Increased by 7.90%

from 27.14B

EPS This Year

1.65

Increased by 27.25%

from 1.30

EPS Next Year

2.24

Increased by 35.31%

from 1.65

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	14.20B	22.85B	22.78B	22.86B	25.46B	27.14B	29.28B	30.59B
Revenue Growth	-1.42%	60.90%	-0.29%	0.33%	11.38%	6.62%	7.90%	4.45%
EPS	0.41	2.90	2.39	1.28	1.30	1.65	2.24	2.83
EPS Growth	-	607.32%	-17.59%	-46.44%	1.56%	27.25%	35.31%	26.45%
Forward PE	-	-	-	-	-	25.15	18.59	14.70
No. Analysts	-	-	-	-	-	22	21	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	29.7B	32.3B	34.7B
Avg	27.1B	29.3B	30.6B
Low	24.8B	26.0B	25.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	16.5%	18.9%	18.6%
Avg	6.6%	7.9%	4.4%
Low	-2.4%	-4.1%	-12.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.40	3.37	4.14
Avg	1.65	2.24	2.83
Low	1.22	1.56	1.43

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	85.0%	103.8%	84.8%
Avg	27.2%	35.3%	26.4%
Low	-6.5%	-5.8%	-36.1%

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.