Lawsuit Notification: Levi & Korsinsky LLP has notified Freeport-McMoRan investors of a class action securities lawsuit due to alleged fraud occurring between February 15, 2022, and September 24, 2025.
Safety Hazard Allegations: The complaint alleges that Freeport failed to ensure safety at the Grasberg Block Cave mine in Indonesia, exposing workers to fatal risks and potentially leading to regulatory, litigation, and reputational risks.
Impact of False Statements: The defendants' statements are claimed to be materially false and misleading, failing to accurately reflect Freeport's business, operations, and prospects, which may have resulted in investor losses.
Claim Deadline: Affected investors must request to be appointed as lead plaintiff by January 12, 2026, to share in any recovery, with no out-of-pocket costs required for participation.
FCX
$47.54+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: 47.520
Low
44.00
Averages
48.82
High
58.00
Current: 47.520
Low
44.00
Averages
48.82
High
58.00
Raymond James
Outperform
maintain
$45 -> $49
2025-12-15
New
Reason
Raymond James
Price Target
$45 -> $49
2025-12-15
New
maintain
Outperform
Reason
Raymond James raised the firm's price target on Freeport-McMoRan to $49 from $45 and keeps an Outperform rating on the shares. Freeport-McMoRan offers investors exposure to a portfolio of large, low-cost, long life copper assets with significant gold production, according to the firm. Raymond James added that the company also has higher jurisdictional risk given Grasberg, one of its major assets, is located in Indonesia. However, the firm told investors that it believes the December 2018 Indonesia transaction provided greater certainty about the future cash flows from Grasberg.
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.
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.