Freeport-McMoRan, Inc. (FCX)
NYSE:FCX
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FCX Stock Chart & Stats
$70.21
$0.63(1.63%)
At close: 4:00 PM EST
$70.21
$0.63(1.63%)
Day’s Range― - ―
52-Week Range$35.15 - $72.09
Previous CloseN/A
Volume4.80M
Average Volume (3M)14.41M
Market Cap
$103.10B
Enterprise Value$100.85B
Total Cash (Recent Filing)$4.02B
Total Debt (Recent Filing)$10.40B
Price to Earnings (P/E)37.3
Beta1.74
Next Earnings
Jul 16, 2026EPS Estimate
0.56Next Dividend Ex-DateN/A
Dividend Yield1.25%
Share Statistics
EPS (TTM)1.88
Shares Outstanding1,437,559,800
10 Day Avg. Volume10,835,552
30 Day Avg. Volume14,408,747
Financial Highlights & Ratios
PEG Ratio1.98
Price to Book (P/B)3.88
Price to Sales (P/S)2.85
P/FCF Ratio65.67
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue3.82
Enterprise Value/Gross Profit13.73
Enterprise Value/Ebitda10.51
Forecast
1Y Price Target
$72.36Price Target Upside3.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)2.63
Revenue Forecast (FY)$28.29B
Bulls Say, Bears Say
Bulls Say
Balance-sheet ResilienceImproving equity and moderate leverage support long-term financial flexibility for large mining capex cycles, allow funding of remediation and growth projects without immediate refinancing stress, and preserve optionality through commodity downturns and cyclical volatility.
Strong Cash GenerationConsistent multi-billion dollar operating and free cash flow underpins internal funding capacity for capex, remediation, and shareholder returns, reducing reliance on external capital and enabling multi-year project execution even amid commodity-price variability.
Long-term Indonesia Rights SecuredA life-of-resource MOU materially de-risks the company’s largest asset by securing long-term access to Grasberg, preserving future production optionality and value from capital investment and remediation, and supporting strategic planning across multi-decade mine life.
Bears Say
Grasberg Ramp SetbacksSignificant, multi-quarter production deferrals at Grasberg reduce near‑to‑medium‑term payable copper volumes, erode expected margins and cash flow, and delay project paybacks — a structural hit given Grasberg’s outsized role in company output and long-term plans.
Rising Unit CostsHigher structural unit costs compress margins even at existing price levels, reducing the company’s cash-flow leverage to copper and raising the break-even for discretionary investments; sustained energy and consumable inflation would permanently impair returns on new and brownfield projects.
Downstream Processing ConstraintsSmelter capacity constraints create a structural bottleneck between mining and saleable metal, forcing either concentrate sales at wider charges or inventory build, limiting realizable margins and reducing flexibility to ramp output even when mining issues are resolved.
Freeport-McMoRan News
FCX FAQ
What was Freeport-McMoRan, Inc.’s price range in the past 12 months?
Freeport-McMoRan, Inc. lowest stock price was $35.15 and its highest was $72.09 in the past 12 months.
What is Freeport-McMoRan, Inc.’s market cap?
Freeport-McMoRan, Inc.’s market cap is $103.10B.
When is Freeport-McMoRan, Inc.’s upcoming earnings report date?
Freeport-McMoRan, Inc.’s upcoming earnings report date is Jul 16, 2026 which is in 41 days.
How were Freeport-McMoRan, Inc.’s earnings last quarter?
Freeport-McMoRan, Inc. released its earnings results on Apr 23, 2026. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.466 by $0.104.
Is Freeport-McMoRan, Inc. overvalued?
According to Wall Street analysts Freeport-McMoRan, Inc.’s price is currently Undervalued.
Does Freeport-McMoRan, Inc. pay dividends?
Freeport-McMoRan, Inc. pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 1.25%. See more information on Freeport-McMoRan, Inc. dividends here
What is Freeport-McMoRan, Inc.’s EPS estimate?
Freeport-McMoRan, Inc.’s EPS estimate is 0.56.
How many shares outstanding does Freeport-McMoRan, Inc. have?
Freeport-McMoRan, Inc. has 1,437,559,800 shares outstanding.
What happened to Freeport-McMoRan, Inc.’s price movement after its last earnings report?
Freeport-McMoRan, Inc. reported an EPS of $0.57 in its last earnings report, beating expectations of $0.466. Following the earnings report the stock price went down -12.621%.
Which hedge fund is a major shareholder of Freeport-McMoRan, Inc.?
Currently, no hedge funds are holding shares in FCX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Freeport-McMoRan Stock Smart Score
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$72.36 (3.06% Upside)
$72.36 (3.06% Upside)
Blogger Sentiment
Bullish
FCX Sentiment 79%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
77.59%
12-Months-Change
Fundamentals
Return on Equity
14.52%
Trailing 12-Months
Asset Growth
5.03%
Trailing 12-Months
Company Description
Freeport-McMoRan, Inc.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
FCX Company Deck
FCX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a mix of material near-term operational challenges at Grasberg and industry-wide input-cost pressures, but emphasized strong portfolio diversity, significant growth options (notably leach scaling, El Abra and Bagdad), a solid balance sheet, an insurance recovery, and meaningful recent operating gains in the U.S. Management characterized Grasberg issues as timing and engineering challenges (not resource loss), with concrete mitigation plans and only modest incremental capex. Given the magnitude of long-term value drivers and current financial strength versus the primarily timing-related setbacks, the tone is constructive with manageable near-term headwinds.View all FCX earnings summariesFCX Revenue Breakdown
24.35% Copper Concentrate
31.44% Copper Cathode
17.05% Rod and other refined copper products
1.73% Purchased copper
15.05% Gold
7.59% Molybdenum
-1.37% Royalty expense
2.81% Embedded derivatives
2.89% Silver and other
-1.30% PTFI export duties
-0.24% Treatment charges
FCX Stock 12 Month Forecast
Average Price Target
$72.36
▲(3.06% Upside)
Technical Analysis
Ownership Overview
0.60% Insiders
22.32% Mutual Funds
21.44% Other Institutional Investors
33.25% Public Companies and Individual Investors