Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
41.69
+0.83 (2.03%)
At close: Jun 5, 2025, 4:00 PM
41.63
-0.06 (-0.14%)
After-hours: Jun 5, 2025, 4:46 PM EDT
Freeport-McMoRan Stock Forecast
Stock Price Forecast
According to 11 professional analysts, the 12-month price target for Freeport-McMoRan stock ranges from a low of $39 to a high of $60. The average analyst price target of $48.27 forecasts a 15.78% increase in the stock price over the next year.
Price Target: $48.27 (+15.78%)
Analyst Consensus: Buy
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 5 | 4 | 3 |
| Buy | 2 | 3 | 3 | 4 | 5 | 5 |
| Hold | 5 | 6 | 5 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 12 | 12 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +3.14% | May 14, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +19.93% | Apr 25, 2025 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $39 | Hold → Buy | Upgrades | $39 | -6.45% | Apr 16, 2025 |
| UBS | UBS | Strong Buy Maintains $52 → $45 | Strong Buy | Maintains | $52 → $45 | +7.94% | Apr 15, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $52 → $42 | Buy | Maintains | $52 → $42 | +0.74% | Apr 10, 2025 |
Financial Forecast
Revenue This Year
26.89B
from 25.46B
Increased by 5.63%
Revenue Next Year
29.12B
from 26.89B
Increased by 8.29%
EPS This Year
1.57
from 1.30
Increased by 20.70%
EPS Next Year
2.15
from 1.57
Increased by 37.33%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 29.5B | 32.3B | 34.7B | ||
| Avg | 26.9B | 29.1B | 30.7B | ||
| Low | 24.4B | 26.0B | 25.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.9% | 20.0% | 19.2% | ||
| Avg | 5.6% | 8.3% | 5.4% | ||
| Low | -4.3% | -3.2% | -11.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.03 | 3.30 | 4.33 | ||
| Avg | 1.57 | 2.15 | 2.83 | ||
| Low | 1.07 | 1.57 | 1.70 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 55.9% | 110.1% | 100.8% | ||
| Avg | 20.7% | 37.3% | 31.3% | ||
| Low | -17.8% | -0.1% | -21.3% |
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.