Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
61.99
-0.32 (-0.51%)
At close: May 22, 2026, 4:00 PM EDT
61.93
-0.06 (-0.10%)
After-hours: May 22, 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 $67.95. The average 1-year stock price forecast is 9.61% higher than the current stock price, while the lowest is $31 (-49.99%) and the highest is $77 (+24.21%).
Price Target: $67.95 (+9.61%)
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 9 | 8 | 9 | 8 |
| Buy | 6 | 6 | 6 | 6 | 5 | 6 |
| Hold | 3 | 3 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Initiates $77 | Buy | Initiates | $77 | +24.21% | May 22, 2026 |
| UBS | UBS | Strong Buy Maintains $74 → $75 | Strong Buy | Maintains | $74 → $75 | +20.99% | May 21, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $67 → $66 | Strong Buy | Maintains | $67 → $66 | +6.47% | May 4, 2026 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $70 → $66 | Buy → Hold | Downgrades | $70 → $66 | +6.47% | Apr 24, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $64 → $77 | Buy | Maintains | $64 → $77 | +24.21% | Apr 15, 2026 |
Financial Forecast
Revenue This Year
28.58B
from 25.92B
Increased by 10.27%
Revenue Next Year
34.39B
from 28.58B
Increased by 20.34%
EPS This Year
2.58
from 1.52
Increased by 69.51%
EPS Next Year
3.76
from 2.58
Increased by 45.90%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 33.0B | 44.3B | ||||||
| Avg | 28.6B | 34.4B | ||||||
| Low | 25.1B | 30.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 27.2% | 54.9% | ||||||
| Avg | 10.3% | 20.3% | ||||||
| Low | -3.0% | 6.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 3.34 | 5.64 | |||
| Avg | 2.58 | 3.76 | |||
| Low | 1.53 | 2.01 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 119.7% | 118.8% | |||
| Avg | 69.5% | 45.9% | |||
| Low | 0.6% | -22.0% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.