Comments
Loading...

Freeport-McMoRan Analyst Ratings

FCXNYSE
Logo brought to you by Benzinga Data
$38.65
At close: Nov 7 EDT
$39.71
1.062.74%
Pre-Market: 8:24 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$56.00
Lowest Price Target1
$29.00
Consensus Price Target1
$46.71

Freeport-McMoRan Analyst Ratings and Price Targets | NYSE:FCX | Benzinga

Freeport-McMoRan Inc has a consensus price target of $46.71 based on the ratings of 21 analysts. The high is $56 issued by Stifel on July 9, 2025. The low is $29 issued by Barclays on April 21, 2023. The 3 most-recent analyst ratings were released by Scotiabank, HSBC, and JP Morgan on October 28, 2025, October 17, 2025, and October 9, 2025, respectively. With an average price target of $50.33 between Scotiabank, HSBC, and JP Morgan, there's an implied 26.75% upside for Freeport-McMoRan Inc from these most-recent analyst ratings.

Analyst Firms Making Recommendations1

Scotiabank
HSBC
JP Morgan
Wells Fargo
Citigroup

1calculated from analyst ratings

Analyst Ratings for Freeport-McMoRan

Buy Now
Get Alert
10/28/2025
28.43%
Scotiabank
$49 → $51
Maintains
Sector Perform
10/17/2025
25.91%
HSBC
$43 → $50
Upgrade
Hold → Buy
10/09/2025
25.91%
JP Morgan
$46 → $50
Maintains
Overweight
10/08/2025
18.36%
Wells Fargo
→ $47
Initiates
→ Overweight
10/08/2025
20.88%
Citigroup
$48 → $48
Upgrade
Neutral → Buy
10/08/2025
15.84%
Morgan Stanley
$48 → $46
Maintains
Overweight
10/03/2025
20.88%
UBS
$42.5 → $48
Upgrade
Neutral → Buy
10/01/2025
20.88%
RBC Capital
$54 → $48
Maintains
Sector Perform
09/30/2025
5.77%
B of A Securities
$42 → $42
Upgrade
Neutral → Buy
09/25/2025
7.03%
UBS
$50 → $42.5
Maintains
Neutral
09/25/2025
13.32%
Scotiabank
$55 → $45
Downgrade
Sector Outperform → Sector Perform
09/25/2025
15.84%
Raymond James
$55 → $46
Maintains
Outperform
09/25/2025
15.84%
JP Morgan
$56 → $46
Maintains
Overweight
09/24/2025
20.88%
BMO Capital
$54 → $48
Maintains
Outperform
07/24/2025
35.99%
BMO Capital
$55 → $54
Maintains
Outperform
07/15/2025
35.99%
Morgan Stanley
$45 → $54
Downgrade
Overweight → Equal-Weight
07/11/2025
25.91%
UBS
$45 → $50
Downgrade
Buy → Neutral
07/09/2025
30.95%
Scotiabank
$48 → $52
Maintains
Sector Outperform
07/09/2025
41.02%
Stifel
→ $56
Initiates
→ Buy
07/09/2025
41.02%
JP Morgan
$42 → $56
Maintains
Overweight
07/08/2025
20.88%
Citigroup
$44 → $48
Maintains
Neutral
06/16/2025
20.88%
Scotiabank
$43 → $48
Upgrade
Sector Perform → Sector Outperform
05/14/2025
8.29%
Scotiabank
$40 → $43
Maintains
Sector Perform
04/25/2025
25.91%
Jefferies
$48 → $50
Maintains
Buy
04/16/2025
-1.79%
Wolfe Research
→ $39
Upgrade
Peer Perform → Outperform
04/15/2025
13.32%
UBS
$52 → $45
Maintains
Buy
04/10/2025
5.77%
JP Morgan
$52 → $42
Maintains
Overweight
04/07/2025
0.73%
Scotiabank
$45 → $40
Maintains
Sector Perform
04/04/2025
28.43%
Raymond James
$49 → $51
Maintains
Outperform
03/20/2025
30.95%
JP Morgan
$48 → $52
Upgrade
Neutral → Overweight
03/06/2025
18.36%
Deutsche Bank
$47 → $47
Upgrade
Hold → Buy
02/27/2025
20.88%
Jefferies
$40 → $48
Upgrade
Hold → Buy
01/24/2025
13.32%
Scotiabank
$48 → $45
Maintains
Sector Perform
01/24/2025
25.91%
BMO Capital
$54 → $50
Maintains
Outperform
01/24/2025
0.73%
Jefferies
$48 → $40
Downgrade
Buy → Hold
01/16/2025
20.88%
JP Morgan
$55 → $48
Maintains
Neutral
01/07/2025
15.84%
Bernstein
$51 → $46
Downgrade
Outperform → Market Perform
01/06/2025
20.88%
Scotiabank
$52 → $48
Maintains
Sector Perform
01/06/2025
20.88%
Jefferies
$60 → $48
Maintains
Buy
10/23/2024
30.95%
Scotiabank
$53 → $52
Maintains
Sector Perform
10/23/2024
43.54%
Raymond James
$55 → $57
Maintains
Outperform
10/15/2024
38.5%
JP Morgan
$53 → $55
Maintains
Neutral
10/08/2024
33.47%
Scotiabank
$52 → $53
Maintains
Sector Perform
09/30/2024
30.95%
Scotiabank
→ $52
Downgrade
Sector Outperform → Sector Perform
09/23/2024
38.5%
Raymond James
$53 → $55
Maintains
Outperform
09/19/2024
46.06%
Morgan Stanley
$60 → $58
Maintains
Overweight
09/04/2024
38.5%
UBS
$54 → $55
Upgrade
Neutral → Buy
08/19/2024
30.95%
Scotiabank
$58 → $52
Maintains
Sector Outperform
07/24/2024
33.47%
Raymond James
$54 → $53
Maintains
Outperform
07/24/2024
51.1%
RBC Capital
$60 → $60
Reiterates
Sector Perform → Sector Perform
07/24/2024
46.06%
Scotiabank
$60 → $58
Maintains
Sector Outperform
06/21/2024
56.13%
Morgan Stanley
$49.5 → $62
Upgrade
Equal-Weight → Overweight
05/30/2024
51.1%
Scotiabank
$53 → $60
Maintains
Sector Outperform
05/14/2024
35.99%
UBS
$41 → $54
Maintains
Neutral
04/25/2024
35.99%
Argus Research
$44 → $54
Maintains
Buy
04/24/2024
33.47%
Scotiabank
$55 → $53
Maintains
Sector Outperform
04/24/2024
35.99%
Raymond James
$49.5 → $54
Maintains
Outperform
04/24/2024
28.43%
JP Morgan
$52 → $51
Maintains
Neutral
04/17/2024
30.95%
JP Morgan
$43 → $52
Maintains
Neutral
04/09/2024
38.5%
Scotiabank
$48 → $55
Maintains
Sector Outperform
04/09/2024
48.58%
B of A Securities
→ $59
Upgrade
Neutral → Buy
01/25/2024
38.5%
RBC Capital
$55 → $55
Reiterates
Sector Perform → Sector Perform
01/04/2024
8.29%
Raymond James
$42 → $43
Maintains
Outperform
12/13/2023
3.25%
UBS
$42 → $41
Maintains
Neutral
12/07/2023
0.73%
Morgan Stanley
$41 → $40
Maintains
Equal-Weight
10/20/2023
18.36%
Scotiabank
$48 → $47
Maintains
Sector Outperform
10/20/2023
13.32%
BMO Capital
$47 → $45
Maintains
Outperform
10/20/2023
3.25%
Morgan Stanley
$44 → $41
Maintains
Equal-Weight
10/17/2023
5.77%
JP Morgan
→ $42
Initiates
→ Neutral
09/21/2023
10.8%
Morgan Stanley
$38.5 → $44
Maintains
Equal-Weight
07/21/2023
-3.05%
Morgan Stanley
$38.5 → $38.5
Reiterates
Equal-Weight → Equal-Weight
07/06/2023
15.84%
Citigroup
→ $46
Reiterates
Neutral → Neutral
06/29/2023
3.25%
Bernstein
→ $41
Initiates
→ Market Perform
06/22/2023
-3.05%
Morgan Stanley
$35 → $38.5
Maintains
Equal-Weight
04/24/2023
25.91%
RBC Capital
→ $50
Reiterates
→ Sector Perform
04/24/2023
-11.86%
Morgan Stanley
$37 → $35
Maintains
Equal-Weight
04/21/2023
-26.97%
Barclays
$24 → $29
Maintains
Underweight
03/14/2023
25.91%
Scotiabank
$41 → $50
Upgrade
Sector Perform → Sector Outperform
02/27/2023
3.25%
UBS
$32 → $41
Maintains
Neutral
01/31/2023
20.88%
Raymond James
$40 → $48
Maintains
Outperform
01/26/2023
15.84%
Citigroup
$44 → $46
Maintains
Neutral
01/26/2023
18.36%
RBC Capital
$40 → $47
Maintains
Sector Perform
11/11/2022
-14.38%
Scotiabank
→ $34
Downgrade
Sector Outperform → Sector Perform

FAQ

Q

What is the target price for Freeport-McMoRan (FCX) stock?

A

The latest price target for Freeport-McMoRan (NYSE:FCX) was reported by Scotiabank on October 28, 2025. The analyst firm set a price target for $51.00 expecting FCX to rise to within 12 months (a possible 28.43% upside). 39 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Freeport-McMoRan (FCX)?

A

The latest analyst rating for Freeport-McMoRan (NYSE:FCX) was provided by Scotiabank, and Freeport-McMoRan maintained their sector perform rating.

Q

When was the last upgrade for Freeport-McMoRan (FCX)?

A

The last upgrade for Freeport-McMoRan Inc happened on October 17, 2025 when HSBC raised their price target to $50. HSBC previously had a hold for Freeport-McMoRan Inc.

Q

When was the last downgrade for Freeport-McMoRan (FCX)?

A

The last downgrade for Freeport-McMoRan Inc happened on September 25, 2025 when Scotiabank changed their price target from $55 to $45 for Freeport-McMoRan Inc.

Q

When is the next analyst rating going to be posted or updated for Freeport-McMoRan (FCX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Freeport-McMoRan, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Freeport-McMoRan was filed on October 28, 2025 so you should expect the next rating to be made available sometime around October 28, 2026.

Q

Is the Analyst Rating Freeport-McMoRan (FCX) correct?

A

While ratings are subjective and will change, the latest Freeport-McMoRan (FCX) rating was a maintained with a price target of $49.00 to $51.00. The current price Freeport-McMoRan (FCX) is trading at is $39.71, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch