Freeport-McMoRan Inc. (FCX)

Freeport-McMoRan Stock Forecast

Stock Price Forecast

The 15 analysts that cover Freeport-McMoRan stock have a consensus rating of "Buy" and an average price target of $47.53, which forecasts a 11.13% increase in the stock price over the next year. The lowest target is $42 and the highest is $56.

Price Target: $47.53 (+11.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$42	$47.53	$47	$56
Change	-1.80%	+11.13%	+9.89%	+30.93%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	3	3	4	4	4	6
Buy	5	6	5	5	4	5
Hold	4	2	5	5	6	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	14	14	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timna Tanners Wells Fargo	Wells Fargo	Buy Initiates $47	Buy	Initiates	$47	+9.89%	Oct 8, 2025
Alexander Hacking Citigroup	Citigroup	Hold → Strong Buy Upgrades $48	Hold → Strong Buy	Upgrades	$48	+12.23%	Oct 8, 2025
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $48 → $46	Buy	Maintains	$48 → $46	+7.55%	Oct 8, 2025
Daniel Major UBS	UBS	Hold → Strong Buy Upgrades $43 → $48	Hold → Strong Buy	Upgrades	$43 → $48	+12.23%	Oct 3, 2025
Sam Crittenden RBC Capital	RBC Capital	Hold Maintains $54 → $48	Hold	Maintains	$54 → $48	+12.23%	Oct 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

25.48B

Increased by 0.09%

from 25.46B

Revenue Next Year

26.62B

Increased by 4.47%

from 25.48B

EPS This Year

1.85

Increased by 42.14%

from 1.30

EPS Next Year

2.69

Increased by 45.60%

from 1.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	14.20B	22.85B	22.78B	22.86B	25.46B	25.48B	26.62B
Revenue Growth	-1.42%	60.90%	-0.29%	0.33%	11.38%	0.09%	4.47%
EPS	0.41	2.90	2.39	1.28	1.30	1.85	2.69
EPS Growth	-	607.32%	-17.59%	-46.44%	1.56%	42.14%	45.60%
Forward PE	-	-	-	-	-	23.15	15.90
No. Analysts	-	-	-	-	-	23	23

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	28.5B	32.1B
Avg	25.5B	26.6B
Low	22.8B	19.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.1%	26.0%
Avg	0.1%	4.5%
Low	-10.3%	-23.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.50	4.26
Avg	1.85	2.69
Low	1.49	1.62

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	92.2%	130.7%
Avg	42.1%	45.6%
Low	14.6%	-12.5%

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.