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

NYSE:FCX • US35671D8570

Current stock price

56.55 USD
-1.23 (-2.13%)
At close:
56.77 USD
+0.22 (+0.39%)
After Hours:

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
$69.04
+ 22.09% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 21, 2026
Period
Q2 / 2026
EPS Estimate
$0.58
Revenue Estimate
6.605B
→ 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
$69.04
Upside
+ 22.09%
From current price of $56.55 to mean target of $69.04, Based on 28 analyst forecasts
Low
$28.09
Median
$69.36
High
$85.05

Price Target Revisions

1 Month
2.62%
3 Months
21.85%

Price Target Summary

28 Wall Street analysts provided a forecast for the next 12 months for FCX. The average price target is 69.04 USD. This implies a price increase of 22.09% is expected in the next year compared to the current price of 56.55.
The average price target has been revised upward by 21.85% 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
2026-04-24Morgan StanleyDowngrade Overweight -> Equal-Weight
2026-04-15Wells FargoMaintains Overweight -> Overweight
2026-04-14ScotiaBankMaintains Sector Outperform -> Sector Outperform
2026-04-09JP MorganMaintains Overweight -> Overweight
2026-04-02Goldman SachsInitiate Buy -> Buy
2026-03-27UBSMaintains Buy -> Buy
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

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 21, 2026
Period
Q2 / 2026
EPS Estimate
$0.58
Revenue Estimate
6.605B
Revenue Q2Q
-12.89%
EPS Q2Q
7.24%
Number of Analysts
19

Next Earnings Revisions

Revenue (1 Month)
5.15%
Revenue (3 Months)
1.90%
EPS (1 Month)
5.92%
EPS (3 Months)
6.12%

Next Earnings Summary

FCX is expected to report earnings on 7/21/2026. The consensus EPS estimate for the next earnings is 0.58 USD and the consensus revenue estimate is 6.61B USD.
The next earnings revenue estimate has been revised upward by 1.9% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

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%		29.608B
14.25%		35.76B
20.78%		36.006B
0.69%		41.008B
13.89%		34.584B
-15.67%		50.558B
46.19%		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%		13.052B
47.93%		17.668B
35.37%		18.224B
3.15%		17.936B
-1.58%		9.986B
-44.32%		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%		10.746B
63.34%		14.558B
35.47%		14.47B
-0.60%		17.32B
19.70%		20.751B
19.81%		23.726B
14.34%		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%36.29%40.71%40.19%42.24%60.00%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%		3.03
73.29%		3.97
31.00%		4.35
9.52%		3.86
-11.39%		2.08
-46.00%		N/AN/AN/A

All data in USD

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

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.58
7.24%		0.92
83.37%		0.98
108.74%		0.97
70.43%		0.99
71.46%		0.99
7.73%		1.00
1.48%		1.15
18.00%		1.09
9.85%		1.07
8.38%		1.07
7.03%
Revenue
Q2Q % growth		6.605B
-12.89%		8.344B
19.68%		8.78B
55.87%		8.532B
36.86%		8.689B
31.55%		9.015B
8.04%		9.081B
3.43%		9.181B
7.61%		9.078B
4.48%		9.041B
0.29%		9.044B
-0.41%
EBITDA
Q2Q % growth		2.45B
-31.30%		4.007B
7.86%		4.309B
41.05%		4.498B
123.12%		4.583B
87.06%		4.704B
17.39%		4.736B
9.91%		4.798B
6.67%		4.653B
1.53%		4.572B
-2.81%		4.552B
-3.89%
EBIT
Q2Q % growth		1.87B
-23.11%		3.269B
67.13%		3.639B
348.71%		3.618B
146.29%		3.716B
98.72%		3.928B
20.16%		3.931B
8.02%		4.039B
11.64%		3.886B
4.57%		3.797B
-3.34%		3.772B
-4.04%

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
35.47%
EPS Next 5 Year
3.53%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
11.80%
Revenue Next 5 Year
6.06%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
39.42%
EBIT Next 5 Year
8.23%
→ 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 69.04 USD. This implies a price increase of 22.09% is expected in the next year compared to the current price of 56.55.

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

FREEPORT-MCMORAN INC (FCX) will report earnings on 2026-07-21.

Can you provide the consensus estimates for FREEPORT-MCMORAN INC next earnings?

The consensus EPS estimate for the next earnings of FREEPORT-MCMORAN INC (FCX) is 0.58 USD and the consensus revenue estimate is 6.61B USD.

What is the number of analysts for FCX stock?

The number of analysts covering FREEPORT-MCMORAN INC (FCX) is 28.