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
Target Low Average Median High
Price $45 $52.69 $54 $60
Change +18.53% +38.79% +42.24% +58.04%

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 '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 333345
Buy 222334
Hold 555654
Sell 000000
Strong Sell 000000
Total 101010121213

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Upgrades
$48$52
Buy Upgrades $48$52 +36.97% Mar 20, 2025
Deutsche Bank
Deutsche Bank
Strong Buy
Upgrades
$47
Strong Buy Upgrades $47 +23.80% Mar 6, 2025
Jefferies
Jefferies
Strong Buy
Upgrades
$40$48
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
More Analyst Ratings

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%
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
14.20B22.85B22.78B22.86B25.46B26.23B29.16B29.92B
Revenue Growth
-1.42%60.90%-0.29%0.33%11.38%3.06%11.15%2.61%
EPS
0.412.902.391.281.301.682.372.69
EPS Growth
-607.32%-17.59%-46.44%1.56%29.37%40.84%13.70%
Forward PE
-----22.5716.0314.10
No. Analysts -----242314
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
14.2%
40.6%
38.1%
Avg
3.1%
11.1%
2.6%
Low
-5.4%
-3.9%
-13.0%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.