Freeport-McMoRan Stock Forecast

Stock Price Forecast

The 16 analysts that cover Freeport-McMoRan stock have a consensus rating of "Strong Buy" and an average price target of $57.94, which forecasts a -15.13% decrease in the stock price over the next year. The lowest target is $42 and the highest is $76.

Price Target: $57.94 (-15.13%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$42	$57.94	$56	$76
Change	-38.48%	-15.13%	-17.97%	+11.32%

Analyst Ratings

The average analyst rating for Freeport-McMoRan stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	7	7	7	9	8	9
Buy	6	6	6	6	6	6
Hold	3	3	3	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	17	16	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Orest Wowkodaw Scotiabank	Scotiabank	Buy Maintains $72 → $71	Buy	Maintains	$72 → $71	+4.00%	Apr 14, 2026
Bill Peterson JP Morgan	JP Morgan	Buy Maintains $68 → $76	Buy	Maintains	$68 → $76	+11.32%	Apr 9, 2026
Nick Cash Goldman Sachs	Goldman Sachs	Strong Buy Initiates $70	Strong Buy	Initiates	$70	+2.53%	Apr 2, 2026
Daniel Major UBS	UBS	Strong Buy Maintains $70 → $66	Strong Buy	Maintains	$70 → $66	-3.33%	Mar 27, 2026
Vitaly Kononov Freedom Broker	Freedom Broker	Hold → Strong Buy Upgrades $47 → $76	Hold → Strong Buy	Upgrades	$47 → $76	+11.32%	Feb 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

29.43B

from 25.92B

13.56%

from 25.92B

Revenue Next Year

34.82B

from 29.43B

18.31%

from 29.43B

EPS This Year

3.03

from 1.52

99.51%

from 1.52

EPS Next Year

3.97

from 3.03

31.00%

from 3.03

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	22.85B	22.78B	22.86B	25.46B	25.92B	29.43B	34.82B
Revenue Growth	60.90%	-0.29%	0.33%	11.38%	1.81%	13.56%	18.31%
EPS	2.90	2.39	1.28	1.30	1.52	3.03	3.97
EPS Growth	607.32%	-17.59%	-46.44%	1.56%	16.92%	99.51%	31.00%
Forward PE	-	-	-	-	-	22.51	17.19
No. Analysts	-	-	-	-	-	26	26

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	35.3B	46.3B
Avg	29.4B	34.8B
Low	24.4B	29.3B

Revenue Growth

Revenue Growth	2026	2027
High	36.3%	57.3%
Avg	13.6%	18.3%
Low	-5.9%	-0.4%

EPS Forecast

EPS	2026	2027
High	5.17	8.61
Avg	3.03	3.97
Low	2.24	2.43

EPS Growth

EPS Growth	2026	2027
High	239.9%	183.9%
Avg	99.5%	31.0%
Low	47.6%	-19.9%

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.