Freeport-McMoRan Inc. (FCX)

Freeport-McMoRan Stock Forecast

Stock Price Forecast

The 15 analysts that cover Freeport-McMoRan stock have a consensus rating of "Strong Buy" and an average price target of $55, which forecasts a -16.12% decrease in the stock price over the next year. The lowest target is $42 and the highest is $72.

Price Target: $55 (-16.12%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$42	$55	$50	$72
Change	-35.95%	-16.12%	-23.75%	+9.81%

Analyst Ratings

The average analyst rating for Freeport-McMoRan stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	7	7	7	7	8
Buy	4	5	6	6	6	6
Hold	5	3	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	15	15	15	15	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Orest Wowkodaw Scotiabank	Scotiabank	Buy Maintains $70 → $72	Buy	Maintains	$70 → $72	+9.81%	Feb 20, 2026
Alexandra Yates Argus Research	Argus Research	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Feb 13, 2026
Orest Wowkodaw Scotiabank	Scotiabank	Buy Maintains $63 → $70	Buy	Maintains	$63 → $70	+6.76%	Jan 26, 2026
Daniel Major UBS	UBS	Strong Buy Maintains $60 → $70	Strong Buy	Maintains	$60 → $70	+6.76%	Jan 23, 2026
Bob Brackett Bernstein	Bernstein	Buy → Hold Downgrades $54 → $54	Buy → Hold	Downgrades	$54 → $54	-17.65%	Jan 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

29.18B

Increased by 12.58%

from 25.92B

Revenue Next Year

33.78B

Increased by 15.79%

from 29.18B

EPS This Year

2.67

Increased by 75.82%

from 1.52

EPS Next Year

3.43

Increased by 28.47%

from 2.67

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	22.85B	22.78B	22.86B	25.46B	25.92B	29.18B	33.78B
Revenue Growth	60.90%	-0.29%	0.33%	11.38%	1.81%	12.58%	15.79%
EPS	2.90	2.39	1.28	1.30	1.52	2.67	3.43
EPS Growth	607.32%	-17.59%	-46.44%	1.56%	16.92%	75.82%	28.47%
Forward PE	-	-	-	-	-	24.53	19.10
No. Analysts	-	-	-	-	-	25	22

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	34.4B	39.7B
Avg	29.2B	33.8B
Low	24.4B	29.3B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	32.7%	36.1%
Avg	12.6%	15.8%
Low	-5.7%	0.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	3.61	4.86
Avg	2.67	3.43
Low	1.67	2.43

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	137.6%	81.9%
Avg	75.8%	28.5%
Low	9.6%	-9.1%

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.