Freeport-McMoRan Inc. (FCX)
NYSE: FCX · Real-Time Price · USD
60.67
-0.30 (-0.49%)
Jul 6, 2026, 3:37 PM EDT - Market open
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 $70.68. The average 1-year stock price forecast is 16.50% higher than the current stock price, while the lowest is $31 (-48.90%) and the highest is $85 (+40.10%).
Price Target: $70.68 (+16.50%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 13 | 13 | 13 | 13 |
| Buy | 6 | 6 | 5 | 6 | 6 | 6 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 21 | 21 | 22 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Buy Reiterates $75 → $77 | Buy | Reiterates | $75 → $77 | +26.92% | Jun 30, 2026 |
| Bernstein | Bernstein | Hold Maintains $54 → $59 | Hold | Maintains | $54 → $59 | -3.58% | Jun 10, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $70 | Hold | Maintains | $70 | +15.38% | Jun 4, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Reiterates $68 → $75 | Buy | Reiterates | $68 → $75 | +23.62% | Jun 2, 2026 |
| Barclays | Barclays | Buy Initiates $77 | Buy | Initiates | $77 | +26.92% | May 21, 2026 |
Financial Forecast
Revenue This Year
28.80B
from 25.92B
Increased by 11.14%
Revenue Next Year
34.44B
from 28.80B
Increased by 19.58%
EPS This Year
2.79
from 1.77
Increased by 57.70%
EPS Next Year
3.95
from 2.79
Increased by 41.56%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 31.4B | ||
| Avg | 28.8B | ||
| Low | 27.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 21.1% | ||
| Avg | 11.1% | ||
| Low | 4.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.38 | ||
| Avg | 2.79 | ||
| Low | 2.07 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 91.0% | ||
| Avg | 57.7% | ||
| Low | 16.9% |