Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
70.13
+1.72 (2.51%)
At close: Jun 15, 2026, 4:00 PM EDT
69.98
-0.15 (-0.21%)
After-hours: Jun 15, 2026, 7:59 PM EDT

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 $68.86. The average 1-year stock price forecast is 1.81% lower than the current stock price, while the lowest is $31 (-55.80%) and the highest is $85 (+21.20%).

Price Target: $68.86 (-1.81%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$31$68.86$70$85
Change-55.80%-1.81%-0.19%+21.20%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy101212131313
Buy666566
Hold422333
Sell000000
Strong Sell111111
Total212121222323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Hold
Maintains
$54$59
HoldMaintains$54$59-16.58%Jun 10, 2026
RBC Capital
RBC Capital
Hold
Maintains
$70
HoldMaintains$70-0.19%Jun 4, 2026
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$68$75
BuyReiterates$68$75+6.94%Jun 2, 2026
Barclays
Barclays
Buy
Initiates
$77
BuyInitiates$77+9.80%May 21, 2026
UBS
UBS
Buy
Reiterates
$74$75
BuyReiterates$74$75+6.94%May 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.53B
from 25.92B
Increased by 10.10%
Revenue Next Year
34.22B
from 28.53B
Increased by 19.94%
EPS This Year
2.70
from 1.77
Increased by 52.75%
EPS Next Year
3.87
from 2.70
Increased by 42.98%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.85B22.78B22.86B25.46B25.92B28.53B
Revenue Growth
60.90%-0.29%0.33%11.38%1.81%10.10%
Gross Profit
10.91B9.71B9.30B10.07B9.61B10.24B
Gross Margin
47.73%42.63%40.67%39.55%37.06%35.89%
Operating Income
8.39B7.01B6.23B6.96B6.50B9.41B
Net Income
4.31B3.47B1.85B1.89B2.20B3.42B
EPS
----1.772.70
EPS Growth
----19.59%52.75%
Forward PE
12.2120.8025.3121.5127.5325.94
Dividend / Share
0.380.600.600.600.600.60
Dividend Growth
-60.00%---0.13%
Free Cash Flow
6.11B2.00B-1.02B2.37B1.56B3.92B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High31.4B
Avg28.5B
Low26.9B

Revenue Growth

Revenue Growth202620272028
High
21.1%
Avg
10.1%
Low
3.9%

EPS Forecast

EPS202620272028
High3.13
Avg2.70
Low2.07

EPS Growth

EPS Growth202620272028
High
76.8%
Avg
52.8%
Low
16.9%