Want to see FCX full AI Analyst Report?
FCX Stock Chart & Stats
$79.91
-$0.17(-0.27%)
At close: 4:00 PM EDT
$79.91
-$0.17(-0.27%)
Day’s Range― - ―
52-Week Range$38.54 - $80.24
Previous CloseN/A
Volume6.25M
Average Volume (3M)11.11M
Market Cap
$105.25B
Enterprise Value$108.86B
Total Cash (Recent Filing)$4.08B
Total Debt (Recent Filing)$10.36B
Price to Earnings (P/E)35.7
Beta1.65
Next Earnings
Oct 27, 2026EPS Estimate
0.8Next Dividend Ex-DateN/A
Dividend Yield0.83%
Share Statistics
EPS (TTM)2.03
Shares Outstanding1,436,017,600
10 Day Avg. Volume11,590,528
30 Day Avg. Volume11,106,415
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 Cap1.03
Enterprise Value/Revenue4.21
Enterprise Value/Gross Profit15.68
Enterprise Value/Ebitda12.10
Forecast
1Y Price Target
$81.92Price Target Upside2.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)3.13
Revenue Forecast (FY)$29.81B
Bulls Say, Bears Say
Bulls Say
Grasberg Ramp-upThe rapid Grasberg Block Cave ramp demonstrates tangible operational recovery at a strategically important, long-life asset. Reaching higher capacity should support sustained copper and gold volume growth, improve fixed-cost absorption, and strengthen Freeport’s production base over the next several years.
Balance Sheet And Cash GenerationImproving leverage, investment-grade credit quality, and substantial operating cash flow provide resilience through commodity cycles. This financial flexibility supports mine investment, shareholder returns, and the ability to manage project spending without relying excessively on additional borrowing.
Organic Copper Growth PipelineFreeport has multiple internal avenues to expand copper supply beyond the Grasberg recovery, including leach scaling and higher U.S. production. A diversified project pipeline can extend volume growth, improve utilization of existing infrastructure, and reinforce its position in a structurally important metal.
Bears Say
Commodity-cycle ExposureThe company’s earnings and cash generation remain exposed to copper, gold, and molybdenum prices, as well as operating conditions and capital timing. Revenue weakness and uneven free cash flow can reduce funding capacity and make results less predictable across the next several quarters.
Capital Cost EscalationHigher project estimates increase the capital required to deliver future production growth and raise the risk of weaker returns if costs continue to rise. Large commitments also create greater execution demands and can constrain flexibility for other investments or shareholder distributions.
Grasberg Regulatory TimingUncertain approval timing for Grasberg’s life-of-resource extension complicates long-range mine planning and investment decisions. Delays could affect the timing of expected production, permitting-related spending, and confidence in the durability of one of Freeport’s most important assets.
Freeport-McMoRan News
FCX FAQ
What was Freeport-McMoRan’s price range in the past 12 months?
Freeport-McMoRan lowest stock price was $38.54 and its highest was $80.24 in the past 12 months.
What is Freeport-McMoRan’s market cap?
Freeport-McMoRan’s market cap is $105.25B.
When is Freeport-McMoRan’s upcoming earnings report date?
Freeport-McMoRan’s upcoming earnings report date is Oct 27, 2026 which is in 13 days.
How were Freeport-McMoRan’s earnings last quarter?
Freeport-McMoRan released its earnings results on Jul 23, 2026. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.615 by $0.125.
Is Freeport-McMoRan overvalued?
According to Wall Street analysts Freeport-McMoRan’s price is currently Undervalued.
Does Freeport-McMoRan pay dividends?
Freeport-McMoRan pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 0.83%. See more information on Freeport-McMoRan dividends here
What is Freeport-McMoRan’s EPS estimate?
Freeport-McMoRan’s EPS estimate is 0.8.
How many shares outstanding does Freeport-McMoRan have?
Freeport-McMoRan has 1,436,017,600 shares outstanding.
What happened to Freeport-McMoRan’s price movement after its last earnings report?
Freeport-McMoRan reported an EPS of $0.74 in its last earnings report, beating expectations of $0.615. Following the earnings report the stock price went down -2.308%.
Which hedge fund is a major shareholder of Freeport-McMoRan?
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$81.92 (2.52% Upside)
$81.92 (2.52% Upside)
Blogger Sentiment
Neutral
FCX Sentiment 59%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 3.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $8.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.8%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
71.10%
12-Months-Change
Fundamentals
Return on Equity
15.26%
Trailing 12-Months
Asset Growth
5.73%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Freeport-McMoRan
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
FCX Company Deck
FCX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized clear operational progress (Grasberg ramp, Morenci mine-rate gains), strong financial leverage to rising copper prices, a robust organic growth pipeline (Baghdad, El Abra, leach scaling) and disciplined capital allocation including shareholder returns. Challenges include capital cost inflation (notably Baghdad and higher 2027 capex), energy and input volatility, timing/sequencing impacts on quarterly sales, and regulatory timing risk for the Grasberg license extension. On balance, the positives — operational execution, market backdrop, and financial strength — outweigh the manageable risks and cost pressures.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
$81.92
▲(2.52% Upside)
Technical Analysis
Compania de Minas Buenaventura SAA
―
Newmont Mining
―
Rio Tinto
―
Southern Copper
―
Vale SA
―
Ownership Overview
0.59% Insiders
22.45% Mutual Funds
0.67% Other Institutional Investors
53.80% Public Companies and Individual Investors