Safety Allegations: During the class period from February 15, 2022, to September 24, 2025, Freeport-McMoRan is accused of failing to ensure safety at the Grasberg Block Cave mine in Indonesia, which heightened the risk of worker fatalities, potentially leading to regulatory, litigation, and reputational risks.
False Statements Issue: The lawsuit claims that the statements made by the company during this period were materially false and misleading, failing to disclose the severity of safety risks, which could mislead investors regarding the company's business and prospects, thereby impacting shareholder confidence.
Shareholder Action Call: Shareholders are encouraged to register for the class action by January 12, 2026, to have the opportunity to become lead plaintiffs and ensure they receive status updates throughout the lifecycle of the case, protecting their rights.
Law Firm Background: The Gross Law Firm is a nationally recognized class action law firm committed to protecting investor rights and ensuring companies adhere to responsible business practices, thereby maintaining good corporate citizenship.
FCX
$47.8+Infinity%1D
Analyst Views on FCX
Wall Street analysts forecast FCX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCX is 48.82 USD with a low forecast of 44.00 USD and a high forecast of 58.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
Wall Street analysts forecast FCX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCX is 48.82 USD with a low forecast of 44.00 USD and a high forecast of 58.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Buy
2 Hold
0 Sell
Strong Buy
Current: 47.380
Low
44.00
Averages
48.82
High
58.00
Current: 47.380
Low
44.00
Averages
48.82
High
58.00
UBS
Buy
maintain
$55 -> $60
2025-12-12
New
Reason
UBS
Price Target
$55 -> $60
2025-12-12
New
maintain
Buy
Reason
UBS raised the firm's price target on Freeport-McMoRan to $60 from $55 and keeps a Buy rating on the shares.
JPMorgan
NULL -> Overweight
maintain
$50 -> $58
2025-12-05
Reason
JPMorgan
Price Target
$50 -> $58
2025-12-05
maintain
NULL -> Overweight
Reason
JPMorgan raised the firm's price target on Freeport-McMoRan to $58 from $50 and keeps an Overweight rating on the shares. The firm adjusted price targets in the North America metals and mining group as part of its 2026 outlook.
Deutsche Bank
Buy
maintain
$45 -> $47
2025-11-26
Reason
Deutsche Bank
Price Target
$45 -> $47
2025-11-26
maintain
Buy
Reason
Deutsche Bank raised the firm's price target on Freeport-McMoRan to $47 from $45 and keeps a Buy rating on the shares as part of a 2026 outlook for the copper sector. Severe supply disruptions have pushed copper prices to near record levels, the analyst tells investors in a research note.
BofA
Buy
maintain
$50 -> $58
2025-11-24
Reason
BofA
Price Target
$50 -> $58
2025-11-24
maintain
Buy
Reason
BofA raised the firm's price target on Freeport-McMoRan to $58 from $50 and keeps a Buy rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.
About FCX
Freeport-McMoRan Inc. is an international metals company focused on copper. The Company operates geographically diverse assets with significant proven and probable mineral reserves of copper, gold and molybdenum. The Company's segments include the Morenci and Cerro Verde copper mines, the Indonesia operations (including the Grasberg minerals district and PT-FI’s downstream processing facilities), the Rod & Refining operations and Atlantic Copper Smelting & Refining. Its operations include North America, South America and Indonesia. In North America, it manages seven copper operations: Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines: Henderson and Climax in Colorado. It also operates a copper smelter in Miami, Arizona. In South America, it manages two copper operations: Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Grasberg minerals district also produces gold and silver.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
