FREEPORT-MCMORAN INC (FCX) Forecast, Price Target & Analyst Ratings

NYSE:FCX • US35671D8570

Current stock price

57.6 USD
+1.22 (+2.16%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FREEPORT-MCMORAN INC (FCX).

Forecast Snapshot

Consensus Price Target

Price Target
$66.90
+ 16.15% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$0.44
Revenue Estimate
5.552B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$66.90
Upside
+ 16.15%
From current price of $57.60 to mean target of $66.90, Based on 28 analyst forecasts
Low
$28.09
Median
$70.38
High
$79.80

Price Target Revisions

1 Month
7.51%
3 Months
35.23%

Price Target Summary

28 Wall Street analysts provided a forecast for the next 12 months for FCX. The average price target is 66.9 USD. This implies a price increase of 16.15% is expected in the next year compared to the current price of 57.6.
The average price target has been revised upward by 35.23% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FCX Current Analyst RatingFCX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

FCX Historical Analyst RatingsFCX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
FCX was analyzed by 28 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about FCX.
In the previous month the buy percentage consensus was at a similar level.
FCX was analyzed by 28 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-20ScotiaBankMaintains Sector Outperform -> Sector Outperform
2026-02-13Argus ResearchUpgrade Hold -> Buy
2026-01-26ScotiaBankMaintains Sector Outperform -> Sector Outperform
2026-01-23BernsteinDowngrade Outperform -> Market Perform
2026-01-23UBSMaintains Buy -> Buy
2026-01-13Wells FargoMaintains Overweight -> Overweight
2026-01-12CitigroupMaintains Buy -> Buy
2026-01-08JP MorganMaintains Overweight -> Overweight
2025-12-23Wells FargoMaintains Overweight -> Overweight
2025-12-12UBSMaintains Buy -> Buy
2025-12-05JP MorganMaintains Overweight -> Overweight
2025-11-19ScotiaBankUpgrade Sector Perform -> Sector Outperform
2025-11-19BMO CapitalMaintains Outperform -> Outperform
2025-11-19Morgan StanleyMaintains Overweight -> Overweight
2025-10-28ScotiaBankMaintains Sector Perform -> Sector Perform
2025-10-17HSBCUpgrade Hold -> Buy
2025-10-09JP MorganMaintains Overweight -> Overweight
2025-10-08Wells FargoInitiate Overweight
2025-10-08Morgan StanleyMaintains Overweight -> Overweight
2025-10-08CitigroupUpgrade Neutral -> Buy
2025-10-03UBSUpgrade Neutral -> Buy
2025-10-01RBC CapitalMaintains Sector Perform -> Sector Perform
2025-09-30B of A SecuritiesUpgrade Neutral -> Buy
2025-09-25ScotiaBankDowngrade Sector Outperform -> Sector Perform
2025-09-25UBSMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$0.44
Revenue Estimate
5.552B
Revenue Q2Q
-3.07%
EPS Q2Q
83.57%
Number of Analysts
17

Next Earnings Revisions

Revenue (1 Month)
-2.49%
Revenue (3 Months)
-3.04%
EPS (1 Month)
1.98%
EPS (3 Months)
19.24%

Next Earnings Summary

FCX is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 0.44 USD and the consensus revenue estimate is 5.55B USD.
The next earnings revenue estimate has been revised downward by 3.04% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
FCX revenue by date.FCX revenue by date.
22.855B
0.33%		25.455B
11.38%		25.915B
1.81%		29.192B
12.65%		34.461B
18.05%		35.095B
1.84%		38.796B
10.55%		32.05B
-17.39%		50.558B
57.75%		55.152B
9.09%		59.077B
7.12%
EBITDA
YoY % growth
FCX ebitda by date.FCX ebitda by date.
8.417B
-7.04%		9.15B
8.71%		8.823B
-3.57%		12.839B
45.52%		17.207B
34.02%		17.758B
3.20%		17.161B
-3.36%		10.478B
-38.94%		N/AN/AN/A
EBIT
YoY % growth
FCX ebit by date.FCX ebit by date.
6.349B
-9.75%		6.909B
8.82%		6.579B
-4.78%		10.261B
55.97%		13.58B
32.35%		13.573B
-0.05%		16.237B
19.63%		14.736B
-9.24%		23.726B
61.01%		26.645B
12.30%		29.221B
9.67%
Operating Margin
FCX operating margin by date.FCX operating margin by date.
27.78%27.14%25.39%35.15%39.41%38.68%41.85%45.98%46.93%48.31%49.46%
EPS
YoY % growth
FCX eps by date.FCX eps by date.
1.53
-37.04%		1.47
-3.92%		1.75
19.05%		2.95
68.71%		3.86
30.71%		4.20
8.74%		3.21
-23.50%		1.68
-47.76%		N/AN/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.44
83.57%		0.63
16.81%		0.70
40.39%		0.64
36.84%		0.70
58.47%		0.73
16.25%		0.75
6.47%		0.74
14.36%
Revenue
Q2Q % growth		5.552B
-3.07%		6.512B
-14.11%		7.821B
12.18%		8.251B
46.48%		8.267B
48.90%		8.418B
29.27%		8.56B
9.45%		8.448B
2.39%
EBITDA
Q2Q % growth		1.818B
1.79%		2.626B
-26.36%		3.357B
-9.64%		3.445B
12.77%		3.578B
96.81%		3.689B
40.48%		3.77B
12.30%		3.727B
8.19%
EBIT
Q2Q % growth		1.237B
-6.29%		1.991B
-18.13%		2.7B
38.04%		3.222B
297.29%		3.347B
170.57%		3.44B
72.78%		3.515B
30.19%		3.363B
4.38%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FCX Yearly Revenue VS EstimatesFCX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B 50B
FCX Yearly EPS VS EstimatesFCX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
33.85%
EPS Next 5 Year
-0.85%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.84%
Revenue Next 5 Year
4.46%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
38.23%
EBIT Next 5 Year
9.28%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FREEPORT-MCMORAN INC / FCX Forecast FAQ

What do analysts expect the price target to be for FREEPORT-MCMORAN INC (FCX)?

28 analysts have analysed FCX and the average price target is 66.9 USD. This implies a price increase of 16.15% is expected in the next year compared to the current price of 57.6.

When does FREEPORT-MCMORAN INC (FCX) report earnings?

FREEPORT-MCMORAN INC (FCX) will report earnings on 2026-04-22.

What are the consensus estimates for FCX stock next earnings?

The consensus EPS estimate for the next earnings of FREEPORT-MCMORAN INC (FCX) is 0.44 USD and the consensus revenue estimate is 5.55B USD.

What is the expected long term growth rate for FCX stock?

The expected long term growth rate for FREEPORT-MCMORAN INC (FCX) is 10.84%.