FCX

Freeport-McMoRan Inc

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Advanced Chart

40.290

-0.25(-0.617%)1D

Line

Candle

YTD

High

40.435

Open

39.625

VWAP

39.59

Vol

4.23M

Mkt Cap

58.21B

Low

38.880

Amount

167.64M

EV/EBITDA(TTM)

8.09

Total Shares

1.44B

74.90B

EV/OCF(TTM)

11.79

P/S(TTM)

2.25

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q1

FY2025Q4

6.86B

-9.48%

0.537

-0.62%

6.46B

+12.8%

0.468

+95.14%

5.50B

-3.89%

0.296

-4.39%

Estimates Revision

The market is revising Downward the revenue expectations for Freeport-McMoRan Inc. (FCX) for FY2025, with the revenue forecasts being adjusted by -7.44% over the past three months. During the same period, the stock price has changed by -4.71%.

Revenue Estimates for FY2025

Revise Downward

-7.44%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-16.21%

In Past 3 Month

Stock Price

Go Down

-4.71%

In Past 3 Month

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 47.56 USD with a low forecast of 42.00 USD and a high forecast of 52.00 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.

13 Buy

4 Hold

0 Sell

Strong Buy

Current: 40.290

Low

42.00

Averages

47.56

High

52.00

Current: 40.290

Low

42.00

Averages

47.56

High

52.00

Scotiabank

Orest Wowkodaw

Sector Perform

maintain

$49 -> $51

2025-10-28

Reason

Scotiabank

Orest Wowkodaw

Price Target

$49 -> $51

2025-10-28

maintain

Sector Perform

Reason

Scotiabank analyst Orest Wowkodaw raised the firm's price target on Freeport-McMoRan to $51 from $49 and keeps a Sector Perform rating on the shares. The firm is updating its estimates on Metals & Mining stocks under its coverage to reflect higher gold and silver price assumptions, the analyst tells investors.

HSBC

Hold

Buy

upgrade

$43 -> $50

2025-10-17

Reason

HSBC

Price Target

$43 -> $50

2025-10-17

upgrade

Hold

Buy

Reason

HSBC last night upgraded Freeport-McMoRan to Buy from Hold with a price target of $50, up from $43. The firm says precious metal prices are hitting "record decades-high levels," with copper outperforming base and bulk metals on supply disruptions. HSBC expects Freeport to benefit from the strength in copper and gold prices. The firm also highlights the significant recent underperformance of the shares.

HSBC

Jonathan Brandt

Hold

Buy

upgrade

$50

2025-10-16

Reason

HSBC

Jonathan Brandt

Price Target

$50

2025-10-16

upgrade

Hold

Buy

Reason

HSBC analyst Jonathan Brandt upgraded Freeport-McMoRan to Buy from Hold with a $50 price target.

RBC Capital

Sector Perform

downgrade

$54 -> $48

2025-10-01

Reason

RBC Capital

Price Target

$54 -> $48

2025-10-01

downgrade

Sector Perform

Reason

RBC Capital lowered the firm's price target on Freeport-McMoRan to $48 from $54 and keeps a Sector Perform rating on the shares. The firm is reducing its FY25 EPS view to $1.24 from $1.52 and its FY26 view to $1.38 from $2.02 following updated guidance from Freeport last week the company provided an update on the Grasberg incident. A lot of the downside risk could be reflected in the shares currently, but there is still uncertainty around the path forward at the site, the analyst tells investors in a research note.

BofA

Neutral -> Buy

upgrade

$42

2025-09-30

Reason

BofA

Price Target

$42

2025-09-30

upgrade

Neutral -> Buy

Reason

BofA upgraded Freeport-McMoRan to Buy from Neutral with a $42 price target.

BofA

Lawson Winder

Neutral -> Buy

upgrade

$42

2025-09-30

Reason

BofA

Lawson Winder

Price Target

$42

2025-09-30

upgrade

Neutral -> Buy

Reason

As previously reported, BofA analyst Lawson Winder upgraded Freeport-McMoRan to Buy from Neutral with an unchanged price target of $42. After having spoken with President and CEO Kathleen Quirk, the firm reports that it "gained no material new information," but came away increasingly confident that the current valuation sufficiently prices the key risks around its temporarily halted Grasberg copper/gold mine in Indonesia, the analyst tells investors. Based on the discussion, the firm now sees less downside risk to the restart timeline the company previously provided and thinks the firm's initial estimate of $0.5B capex to repair Grasberg could be "conservative," the analyst added.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Freeport-McMoRan Inc (FCX.N) is 22.31, compared to its 5-year average forward P/E of 19.79. For a more detailed relative valuation and DCF analysis to assess Freeport-McMoRan Inc 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

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

19.79

Current PE

22.31

Overvalued PE

25.88

Undervalued PE

13.71

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.

N/A

5Y Average EV/EBITDA

6.88

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

7.73

Undervalued EV/EBITDA

6.02

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.

N/A

5Y Average PS

2.70

Current PS

40.54

Overvalued PS

6.64

Undervalued PS

-1.24

Financials

Annual

Quarterly

FY2025Q3

YoY :

+2.68%

6.97B

Total Revenue

FY2025Q3

YoY :

+1.69%

1.99B

Operating Profit

FY2025Q3

YoY :

+2.37%

1.26B

Net Income after Tax

FY2025Q3

YoY :

+30.56%

0.47

EPS - Diluted

FY2025Q3

YoY :

-5.58%

728.00M

Free Cash Flow

FY2025Q3

YoY :

-1.29%

30.72

Gross Profit Margin - %

FY2025Q3

YoY :

-29.46%

6.68

FCF Margin - %

FY2025Q3

YoY :

-1.70%

17.89

Net Margin - %

FY2025Q3

YoY :

-5.89%

5.59

ROIC

Trading Trends

Insider
Hedge Fund
Congress Trading

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

343.5K

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

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

3-6

Months

0.0

Volume

6-9

Months

185.8K

Volume

0-12

Months

2.9M

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

17.5M

Volume

Months

0-12

350.4K

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

8.0K

USD

3-6

Months

8.0K

USD

6-9

Months

97.0K

USD

0-12

Months

8.0K

USD

Bought

0-3

0.0

USD

Months

3-6

8.0K

USD

Months

6-9

8.0K

USD

Months

0-12

16.0K

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

343.5K

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

FCX News & Events

Events Timeline

2025-11-11 (ET)

2025-11-11

15:21:25

Positive momentum for Freeport McMoRan as shares rise 0.5%

2025-11-06 (ET)

2025-11-06

13:26:24

U.S. Includes Silver and Copper in 'Critical Minerals' Category, Reports Financial Times

2025-11-03 (ET)

2025-11-03

07:56:53

Amarc and Freeport Progress in Expanding AuRORA Copper-Gold-Silver Deposit

News

7.0

14:00 PMNewsfilter

Attention Freeport-McMoRan Inc. (FCX) Shareholders Who Experienced Losses – Reach Out to Law Offices of Howard G. Smith Regarding Securities Fraud Inquiry

7.0

11-13PRnewswire

FCX Investors Have Opportunity to Lead Freeport-McMoRan Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm

7.0

11-13Globenewswire

ROSEN, THE INITIAL FILING FIRM, Urges Freeport-McMoRan Inc. Investors to Obtain Legal Representation Ahead of Key Deadline in Securities Class Action Initially Filed by the Firm - FCX