
FCX
Freeport-McMoRan Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
44.935
Open
44.850
VWAP
44.74
Vol
13.55M
Mkt Cap
64.34B
Low
44.200
Amount
606.47M
EV/EBITDA(TTM)
9.30
Total Shares
1.44B
EV
80.89B
EV/OCF(TTM)
12.79
P/S(TTM)
2.60
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.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q2
FY2025Q3
FY2025Q4
6.85B
+3.43%
0.456
-0.88%
6.90B
+1.61%
0.516
+35.91%
7.09B
+23.97%
0.582
+87.9%
Estimates Revision
The market is revising Upward the revenue expectations for Freeport-McMoRan Inc. (FCX) for FY2025, with the revenue forecasts being adjusted by 5.14% over the past three months. During the same period, the stock price has changed by 35.96%.
Revenue Estimates for FY2025
Revise Upward

+5.14%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+0.56%
In Past 3 Month
Stock Price
Go Up

+35.96%
In Past 3 Month
13 Analyst Rating

3.08% Upside
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 46.18 USD with a low forecast of 39.00 USD and a high forecast of 54.00 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.
10 Buy
3 Hold
0 Sell
Strong Buy

3.08% Upside
Current: 44.800

Low
39.00
Averages
46.18
High
54.00

3.08% Upside
Current: 44.800

Low
39.00
Averages
46.18
High
54.00
Morgan Stanley
Morgan Stanley
Overweight -> Equal Weight
downgrade
$45 -> $54
2025-07-15
New
Reason
Morgan Stanley
Morgan Stanley
Price Target
$45 -> $54
2025-07-15
New
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley downgraded Freeport-McMoRan to Equal Weight from Overweight with a price target of $54, up from $45. The firm views the risk/rewards on copper equities as less compelling following the outperformance since April 8. It cites macro and growth concerns, as well valuation, for the downgrade of several names in the space.
UBS
Daniel Major
Buy -> Neutral
downgrade
$45 -> $50
2025-07-11
Reason
UBS
Daniel Major
Price Target
$45 -> $50
2025-07-11
downgrade
Buy -> Neutral
Reason
UBS analyst Daniel Major downgraded Freeport-McMoRan to Neutral from Buy with a price target of $50, up from $45. While UBS remains constructive on the medium-term outlook for copper, it expects softening in demand and fundamentals to weigh on prices over the next six months. The firm now sees a balanced risk/reward on Freeport shares with potential downside to copper prices.
JPMorgan
Bill Peterson
Overweight
maintain
$42 -> $56
2025-07-09
Reason
JPMorgan
Bill Peterson
Price Target
$42 -> $56
2025-07-09
maintain
Overweight
Reason
JPMorgan analyst Bill Peterson raised the firm's price target on Freeport-McMoRan to $56 from $42 and keeps an Overweight rating on the shares. The firm increased the price target as part of a Q2 earnings preview for base metals. It increased copper price targets to reflect higher commodity pricing and easing recession risk.
Scotiabank
Orest Wowkodaw
Outperform
maintain
$48 -> $52
2025-07-09
Reason
Scotiabank
Orest Wowkodaw
Price Target
$48 -> $52
2025-07-09
maintain
Outperform
Reason
Scotiabank analyst Orest Wowkodaw raised the firm's price target on Freeport-McMoRan to $52 from $48 and keeps an Outperform rating on the shares. The firm believes Freeport-McMoRan is the biggest winner of punitive Copper tariffs givens its domestic production and exposure to premium Comex prices, the analyst tells investors.
Citi
Neutral
maintain
$44 -> $48
2025-07-08
Reason
Citi
Price Target
$44 -> $48
2025-07-08
maintain
Neutral
Reason
Citi raised the firm's price target on Freeport-McMoRan to $48 from $44 and keeps a Neutral rating on the shares as part of a Q2 earnings preview. The firm also added an "upside 90-day catalyst watch" on the shares. Citi expects a 25% tariff on copper in the next 90 days, and believes Freeport will be the "only real winner" in the copper group given its large U.S. operations.
Stifel
Ralph Profiti
Buy
initiated
$56
2025-07-08
Reason
Stifel
Ralph Profiti
Price Target
$56
2025-07-08
initiated
Buy
Reason
Stifel analyst Ralph Profiti initiated coverage of Freeport-McMoRan with a Buy rating and $56 price target. The firm, which has a "tactical" gold price target of $3,800/oz on a six to twelve month view, argues that gold equities can "go much higher" compared to the price of gold and S&P 500. On copper, which the firm says is "under-owned," it advises increased exposure to take advantage of heightened supply stresses and estimates the incentive copper price is $5.00/lb.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Freeport-McMoRan Inc (FCX.N) is 19.46, compared to its 5-year average forward P/E of 18.73. For a more detailed relative valuation and DCF analysis to assess Freeport-McMoRan Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair
5Y Average PE
18.73
Current PE
19.46
Overvalued PE
24.78
Undervalued PE
12.68
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair
5Y Average EV/EBITDA
6.78
Current EV/EBITDA
6.30
Overvalued EV/EBITDA
7.64
Undervalued EV/EBITDA
5.93
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
2.23
Current PS
2.18
Overvalued PS
2.63
Undervalued PS
1.83
Financials
Annual
Quarterly
FY2025Q1
YoY :
-9.38%
5.73B
Total Revenue
FY2025Q1
YoY :
-19.76%
1.32B
Operating Profit
FY2025Q1
YoY :
-31.93%
791.00M
Net Income after Tax
FY2025Q1
YoY :
-27.27%
0.24
EPS - Diluted
FY2025Q1
YoY :
-100.71%
-5.00M
Free Cash Flow
FY2025Q1
YoY :
-11.69%
26.29
Gross Profit Margin - %
FY2025Q1
YoY :
+38.70%
8.10
FCF Margin - %
FY2025Q1
YoY :
-24.70%
13.84
Net Margin - %
FY2025Q1
YoY :
-3.57%
5.13
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
343.5K
USD
1
3-6
Months
0.0
USD
0
6-9
Months
583.9K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areBuying! The buying amount has increased 4898.59% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
185.8K
Volume
3
6-9
Months
2.9M
Volume
9
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
13
17.5M
Volume
Months
6-9
5
350.4K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
105.0K
USD
7
6-9
Months
0.0
USD
0
0-12
Months
8.0K
USD
1
Bought
0-3
0
0.0
USD
Months
3-6
3
24.0K
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
343.5K
USD
1
3-6
Months
0.0
USD
0
6-9
Months
583.9K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
FCX News & Events
Events Timeline
2025-07-16 (ET)
2025-07-16
07:47:43
Freeport-McMoRan, Amarc launch 2025 Aurora, Joy copper-gold district drilling

2025-07-13 (ET)
2025-07-13
12:50:12
Trump's planned copper tariffs to include refined metal, Bloomberg says


2025-07-10 (ET)
2025-07-10
16:09:45
Mixed options sentiment in Freeport McMoRan with shares up 3.5%

Sign Up For More Events
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News
3.0
07-18CNBCMagnificent Seven earnings kick off next week with stocks near all-time highs
4.5
07-18BenzingaCNBC Halftime Report Final Trades: RTX Corporation, Netflix, Freeport-McMoran
8.5
07-17ReutersSpain's Zelestra aims to power Peru mines with $1 billion renewables investment
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FAQ

What is Freeport-McMoRan Inc (FCX) stock price today?
The current price of FCX is 44.8 USD — it has increased 0.76 % in the last trading day.

What is Freeport-McMoRan Inc (FCX)'s business?

What is the price predicton of FCX Stock?

What is Freeport-McMoRan Inc (FCX)'s revenue for the last quarter?

What is Freeport-McMoRan Inc (FCX)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Freeport-McMoRan Inc (FCX)'s fundamentals?

How many employees does Freeport-McMoRan Inc (FCX). have?
