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 $79.07. The average 1-year stock price forecast is 13.70% higher than the current stock price, while the lowest is $32 (-53.98%) and the highest is $92 (+32.30%).

Price Target: $79.07 (+13.70%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$32	$79.07	$82	$92
Change	-53.98%	+13.70%	+17.92%	+32.30%

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

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	13	13	13	12	12	12
Buy	6	6	6	6	6	6
Hold	3	3	3	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	23	23	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Major UBS	UBS	Buy Maintains $77 → $88	Buy	Maintains	$77 → $88	+26.55%	Oct 8, 2026
Bill Peterson J.P. Morgan	J.P. Morgan	Buy Reiterates $77 → $92	Buy	Reiterates	$77 → $92	+32.30%	Oct 7, 2026
Carlos De Alba Morgan Stanley	Morgan Stanley	Hold Maintains $75	Hold	Maintains	$75	+7.85%	Oct 7, 2026
Sam Crittenden RBC Capital	RBC Capital	Hold Maintains $85	Hold	Maintains	$85	+22.23%	Oct 7, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy Reiterates $70 → $87	Buy	Reiterates	$70 → $87	+25.11%	Oct 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

30.12B

from 25.92B

16.22%

from 25.92B

Revenue Next Year

36.48B

from 30.12B

21.11%

from 30.12B

EPS This Year

3.19

from 1.77

80.47%

from 1.77

EPS Next Year

4.33

from 3.19

35.46%

from 3.19

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	22.85B	22.78B	22.86B	25.46B	25.92B	30.12B
Revenue Growth	60.90%	-0.29%	0.33%	11.38%	1.81%	16.22%
Operating Income	8.39B	7.01B	6.23B	6.96B	6.50B	10.32B
Net Income	4.31B	3.47B	1.85B	1.89B	2.20B	4.53B
EPS	-	-	-	-	1.77	3.19
EPS Growth	-	-	-	-	19.59%	80.47%
Forward PE	12.21	20.80	25.31	21.51	27.53	21.77
Dividend / Share	0.38	0.60	0.60	0.60	0.60	0.60
Dividend Growth	-	60.00%	-	-	-	0.12%
Free Cash Flow	-	-	-	-	1.12B	4.41B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	32.7B
Avg	30.1B
Low	28.9B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	26.3%
Avg	16.2%
Low	11.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	4.27
Avg	3.19
Low	2.67

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	141.2%
Avg	80.5%
Low	50.8%