Freeport-McMoRan (FCX) Stock Forecast & Price Target

$33.36 +2.01 (+6.40%)

Closing price 04/11/2025 03:59 PM Eastern

Extended Trading

$33.37 +0.02 (+0.05%)

As of 04/11/2025 07:59 PM Eastern

Freeport-McMoRan - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 15 Analyst Ratings

Sell
0

Hold
5

Buy
10

Based on 15 Wall Street analysts who have issued ratings for Freeport-McMoRan in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 5 have given a hold rating, 8 have given a buy rating, and 2 have given a strong buy rating for FCX.

Consensus Price Target

$49.88
49.55% Upside

According to the 15 analysts' twelve-month price targets for Freeport-McMoRan, the average price target is $49.88. The highest price target for FCX is $60.00, while the lowest price target for FCX is $40.00. The average price target represents a forecasted upside of 49.55% from the current price of $33.36.

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FCX Analyst Ratings Over Time

Type	Current Forecast 4/12/24 to 4/12/25	1 Month Ago 3/13/24 to 3/13/25	3 Months Ago 1/13/24 to 1/12/25	1 Year Ago 4/13/23 to 4/12/24
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$49.88	$51.75	$52.96	$46.71
Forecasted Upside	49.55% Upside	37.76% Upside	35.83% Upside	-5.60% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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FCX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FCX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Freeport-McMoRan Stock vs. The Competition

Type	Freeport-McMoRan	Basic Materials Companies	S&P 500
Consensus Rating Score	2.80	2.79	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	49.55% Upside	157.83% Upside	27.82% Upside
News Sentiment Rating	Positive News See Recent FCX News	Neutral News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/10/2025	JPMorgan Chase & Co. 2 of 5 stars	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$52.00 ➝ $42.00	+33.22%
4/7/2025	Scotiabank 5 of 5 stars	Orest Wowkodaw Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$45.00 ➝ $40.00	+30.82%
4/4/2025	Raymond James 4 of 5 stars	Brian MacArthur Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$49.00 ➝ $51.00	+75.14%
3/10/2025	Dbs Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
3/6/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Abhi Agarwal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$47.00 ➝ $47.00	+23.18%
2/27/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris LaFemina Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$40.00 ➝ $48.00	+26.23%
1/31/2025	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Coleman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
1/24/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Katja Jancic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$54.00 ➝ $50.00	+31.44%
1/7/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Brackett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$51.00 ➝ $46.00	+19.33%
9/19/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$60.00 ➝ $58.00	+27.87%
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9/4/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Woodworth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$54.00 ➝ $55.00	+32.98%
7/24/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$60.00 ➝ $60.00	+34.59%
6/21/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Spence Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/23/2024	Bernstein Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$52.00 ➝ $52.50	+9.83%
4/23/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$39.00 ➝ $45.00	-5.86%
4/9/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$59.00	+17.93%
12/6/2023	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy	$55.00	+50.27%
8/22/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$49.00 ➝ $48.00	+24.06%
6/29/2023	1-800-FLOWERS.COM Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Initiates
6/29/2023	3M Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Initiates
4/21/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight	$24.00 ➝ $29.00	-29.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:24 AM ET.

Should I Buy Freeport-McMoRan Stock? FCX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 5, 2025. Please send any questions or comments about these Freeport-McMoRan pros and cons to contact@marketbeat.com.

Freeport-McMoRan
Bull Case

Here are some ways that investors could benefit from investing in Freeport-McMoRan Inc.:

Freeport-McMoRan Inc. has a solid return on equity of 7.50%, indicating effective management and profitability relative to shareholder equity.
The company recently announced a quarterly dividend of $0.15, which translates to an annualized dividend of $0.60 and a yield of 1.79%, providing a steady income stream for investors.
Current stock price is $29.57, which may present a buying opportunity given its 52-week high of $55.24, suggesting potential for price appreciation.
Freeport-McMoRan Inc. has a market capitalization of $42.49 billion, indicating it is a large and established player in the mining sector, which can provide stability.
The company operates in multiple regions, including North America, South America, and Indonesia, diversifying its revenue sources and reducing reliance on any single market.

Freeport-McMoRan
Bear Case

Investors should be bearish about investing in Freeport-McMoRan Inc. for these reasons:

The stock has experienced significant volatility, with a beta of 1.87, indicating it is more volatile than the market, which could lead to higher risk for investors.
Freeport-McMoRan Inc. reported earnings per share of $0.31, missing the consensus estimate of $0.36, which may raise concerns about its earnings performance.
The company has a debt-to-equity ratio of 0.31, which is relatively low, but any increase in debt could impact financial stability and investor confidence.
Recent trading volume was 21,874,210 shares, significantly higher than the average volume, which may indicate increased selling pressure or market uncertainty.
With a P/E ratio of 22.84, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.

FCX Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Freeport-McMoRan is $49.88, with a high forecast of $60.00 and a low forecast of $40.00.
: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freeport-McMoRan in the last year. There are currently 5 hold ratings, 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FCX shares.
: According to analysts, Freeport-McMoRan's stock has a predicted upside of 49.55% based on their 12-month stock forecasts.
: Over the previous 90 days, Freeport-McMoRan's stock had 4 upgrades and 2 downgrades by analysts.
: Freeport-McMoRan has been rated by research analysts at Argus, BMO Capital Markets, Dbs Bank, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JPMorgan Chase & Co., Raymond James, and Scotiabank in the past 90 days.
: Analysts like Freeport-McMoRan more than other "basic materials" companies. The consensus rating score for Freeport-McMoRan is 2.80 while the average consensus rating score for "basic materials" companies is 2.79. Learn more on how FCX compares to other companies.

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This page (NYSE:FCX) was last updated on 4/12/2025 by MarketBeat.com Staff

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Freeport-McMoRan (FCX) Stock Forecast & Price Target