Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
72.73
+0.17 (0.23%)
At close: Sep 4, 2026, 4:00 PM EDT
72.72
-0.01 (-0.02%)
After-hours: Sep 4, 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 $72.05. The average 1-year stock price forecast is 0.93% lower than the current stock price, while the lowest is $30 (-58.75%) and the highest is $83 (+14.12%).

Price Target: $72.05 (-0.93%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$30$72.05$75$83
Change-58.75%-0.93%+3.12%+14.12%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy121313131313
Buy656666
Hold233333
Sell000000
Strong Sell111111
Total212223232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Freedom Capital Markets
Freedom Capital Markets
Hold
Downgrades
$75
HoldDowngrades$75+3.12%Sep 3, 2026
Erste Group
Erste Group
Buy
Initiates
n/a
BuyInitiatesn/an/aAug 27, 2026
Unknown Analyst
William O'Neil
No rating
William O'Neil
Buy
Initiates
n/a
BuyInitiatesn/an/aAug 24, 2026
Citi
Citi
Buy
Reiterates
$66
BuyReiterates$66-9.25%Jul 28, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$74
BuyMaintains$74+1.75%Jul 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
29.54B
from 25.92B
Increased by 13.97%
Revenue Next Year
35.51B
from 29.54B
Increased by 20.23%
EPS This Year
3.02
from 1.77
Increased by 70.70%
EPS Next Year
4.14
from 3.02
Increased by 36.87%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.85B22.78B22.86B25.46B25.92B29.54B
Revenue Growth
60.90%-0.29%0.33%11.38%1.81%13.97%
Operating Income
8.39B7.01B6.23B6.96B6.50B9.86B
Net Income
4.31B3.47B1.85B1.89B2.20B4.14B
EPS
----1.773.02
EPS Growth
----19.59%70.70%
Forward PE
12.2120.8025.3121.5127.5324.07
Dividend / Share
0.380.600.600.600.600.60
Dividend Growth
-60.00%----0.72%
Free Cash Flow
6.11B2.00B-1.02B2.37B1.56B3.98B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High32.3B
Avg29.5B
Low28.4B

Revenue Growth

Revenue Growth202620272028
High
24.7%
Avg
14.0%
Low
9.5%

EPS Forecast

EPS202620272028
High3.41
Avg3.02
Low2.74

EPS Growth

EPS Growth202620272028
High
92.7%
Avg
70.7%
Low
54.8%