Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
59.43
+1.52 (2.63%)
At close: Nov 6, 2026, 4:00 PM EST
59.43
+0.01 (0.01%)
After-hours: Nov 6, 2026, 4:01 PM EST

Freeport-McMoRan Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Freeport-McMoRan stock has a consensus rating of "Buy" and an average price target of $78.09. The average 1-year stock price forecast is 31.41% higher than the current stock price, while the lowest is $33 (-44.47%) and the highest is $90 (+51.45%).

Price Target: $78.09 (+31.41%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$33$78.09$81.5$90
Change-44.47%+31.41%+37.15%+51.45%

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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy131312121212
Buy666666
Hold334444
Sell000000
Strong Sell111111
Total232323232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Freedom Capital Markets
Freedom Capital Markets
Hold
Maintains
$75 → $68
HoldMaintains$75 → $68+14.43%Nov 2, 2026
RBC Capital
RBC Capital
Hold
Reiterates
$85
HoldReiterates$85+43.04%Oct 29, 2026
Barclays
Barclays
Buy
Maintains
$84
BuyMaintains$84+41.35%Oct 29, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$80
BuyMaintains$80+34.62%Oct 28, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$81 → $83
BuyMaintains$81 → $83+39.67%Oct 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
30.08B
from 25.92B
Increased by 16.08%
Revenue Next Year
36.51B
from 30.08B
Increased by 21.38%
EPS This Year
3.25
from 1.77
Increased by 83.85%
EPS Next Year
4.28
from 3.25
Increased by 31.54%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.85B22.78B22.86B25.46B25.92B30.08B
Revenue Growth
60.90%-0.29%0.33%11.38%1.81%16.08%
Operating Income
8.39B7.01B6.23B6.96B6.50B9.99B
Net Income
4.31B3.47B1.85B1.89B2.20B4.26B
EPS
----1.773.25
EPS Growth
----19.59%83.85%
Forward PE
12.2120.8025.3121.5127.5318.26
Dividend / Share
0.380.600.600.600.600.59
Dividend Growth
-60.00%----0.90%
Free Cash Flow
----1.12B4.27B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High32.3B
Avg30.1B
Low29.0B

Revenue Growth

Revenue Growth202620272028
High
24.7%
Avg
16.1%
Low
11.7%

EPS Forecast

EPS202620272028
High4.27
Avg3.25
Low2.98

EPS Growth

EPS Growth202620272028
High
141.2%
Avg
83.8%
Low
68.2%