$45.00
0.471.06%
At Close: -
$44.99
-0.0100-0.02%
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Freeport-McMoRan (NYSE:FCX) Stock, Analyst Ratings, Price Targets, Forecasts
Freeport-McMoRan Inc has a consensus price target of $46.82 based on the ratings of 23 analysts. The high is $65 issued by Jefferies on March 24, 2022. The low is $29 issued by Barclays on April 21, 2023. The 3 most-recent analyst ratings were released by Raymond James, RBC Capital, and Scotiabank on July 24, 2024, respectively. With an average price target of $57 between Raymond James, RBC Capital, and Scotiabank, there's an implied 26.69% upside for Freeport-McMoRan Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
RBC Capital
Scotiabank
Morgan Stanley
UBS
1calculated from analyst ratings
Analyst Ratings for Freeport-McMoRan
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/24/2024 | Buy Now | 17.8% | Raymond James | Brian MacArthur | $54 → $53 | Maintains | Outperform | Get Alert |
| 07/24/2024 | Buy Now | 33.36% | RBC Capital | Sam Crittenden | $60 → $60 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 07/24/2024 | Buy Now | 28.92% | Scotiabank | Orest Wowkodaw | $60 → $58 | Maintains | Sector Outperform | Get Alert |
| 06/21/2024 | Buy Now | 37.81% | Morgan Stanley | Carlos De Alba | $49.5 → $62 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 05/30/2024 | Buy Now | 33.36% | Scotiabank | Orest Wowkodaw | $53 → $60 | Maintains | Sector Outperform | Get Alert |
| 05/14/2024 | Buy Now | 20.03% | UBS | Curt Woodworth | $41 → $54 | Maintains | Neutral | Get Alert |
| 04/25/2024 | Buy Now | 20.03% | Argus Research | David Coleman | $44 → $54 | Maintains | Buy | Get Alert |
| 04/24/2024 | Buy Now | 17.8% | Scotiabank | Orest Wowkodaw | $55 → $53 | Maintains | Sector Outperform | Get Alert |
| 04/24/2024 | Buy Now | 20.03% | Raymond James | Brian MacArthur | $49.5 → $54 | Maintains | Outperform | Get Alert |
| 04/24/2024 | Buy Now | 13.36% | JP Morgan | Bill Peterson | $52 → $51 | Maintains | Neutral | Get Alert |
| 04/17/2024 | Buy Now | 15.58% | JP Morgan | Bill Peterson | $43 → $52 | Maintains | Neutral | Get Alert |
| 04/09/2024 | Buy Now | 22.25% | Scotiabank | Orest Wowkodaw | $48 → $55 | Maintains | Sector Outperform | Get Alert |
| 04/09/2024 | Buy Now | 31.14% | B of A Securities | Lawson Winder | → $59 | Upgrade | Neutral → Buy | Get Alert |
| 01/25/2024 | Buy Now | 22.25% | RBC Capital | Sam Crittenden | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/04/2024 | Buy Now | -4.42% | Raymond James | Brian MacArthur | $42 → $43 | Maintains | Outperform | Get Alert |
| 12/13/2023 | Buy Now | -8.87% | UBS | Andreas Bokkenheuser | $42 → $41 | Maintains | Neutral | Get Alert |
| 12/07/2023 | Buy Now | -11.09% | Morgan Stanley | Carlos De Alba | $41 → $40 | Maintains | Equal-Weight | Get Alert |
| 10/20/2023 | Buy Now | 4.47% | Scotiabank | Orest Wowkodaw | $48 → $47 | Maintains | Sector Outperform | Get Alert |
| 10/20/2023 | Buy Now | 0.02% | BMO Capital | David Gagliano | $47 → $45 | Maintains | Outperform | Get Alert |
| 10/20/2023 | Buy Now | -8.87% | Morgan Stanley | Carlos De Alba | $44 → $41 | Maintains | Equal-Weight | Get Alert |
| 10/17/2023 | Buy Now | -6.65% | JP Morgan | Bill Peterson | → $42 | Initiates | → Neutral | Get Alert |
| 09/21/2023 | Buy Now | -2.2% | Morgan Stanley | Carlos De Alba | $38.5 → $44 | Maintains | Equal-Weight | Get Alert |
| 07/21/2023 | Buy Now | -14.43% | Morgan Stanley | Carlos De Alba | $38.5 → $38.5 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/06/2023 | Buy Now | 2.24% | Citigroup | Alexander Hacking | → $46 | Reiterates | Neutral → Neutral | Get Alert |
| 06/29/2023 | Buy Now | -8.87% | Bernstein | Bob Brackett | → $41 | Initiates | → Market Perform | Get Alert |
| 06/22/2023 | Buy Now | -14.43% | Morgan Stanley | Carlos De Alba | $35 → $38.5 | Maintains | Equal-Weight | Get Alert |
| 04/24/2023 | Buy Now | 11.14% | RBC Capital | Sam Crittenden | → $50 | Reiterates | → Sector Perform | Get Alert |
| 04/24/2023 | Buy Now | -22.2% | Morgan Stanley | Carlos De Alba | $37 → $35 | Maintains | Equal-Weight | Get Alert |
| 04/21/2023 | Buy Now | -35.54% | Barclays | Matthew Murphy | $24 → $29 | Maintains | Underweight | Get Alert |
| 03/14/2023 | Buy Now | 11.14% | Scotiabank | Orest Wowkodaw | $41 → $50 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 02/27/2023 | Buy Now | -8.87% | UBS | Andreas Bokkenheuser | $32 → $41 | Maintains | Neutral | Get Alert |
| 01/31/2023 | Buy Now | 6.69% | Raymond James | Brian MacArthur | $40 → $48 | Maintains | Outperform | Get Alert |
| 01/26/2023 | Buy Now | 2.24% | Citigroup | Alexander Hacking | $44 → $46 | Maintains | Neutral | Get Alert |
| 01/26/2023 | Buy Now | 4.47% | RBC Capital | Sam Crittenden | $40 → $47 | Maintains | Sector Perform | Get Alert |
| 11/11/2022 | Buy Now | -24.43% | Scotiabank | Orest Wowkodaw | → $34 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
| 10/21/2022 | Buy Now | -24.43% | RBC Capital | Sam Crittenden | $35 → $34 | Maintains | Sector Perform | Get Alert |
| 10/13/2022 | Buy Now | -13.31% | Goldman Sachs | Emily Chieng | $45 → $39 | Maintains | Buy | Get Alert |
| 10/06/2022 | Buy Now | -35.54% | Exane BNP Paribas | Jatinder Goel | → $29 | Downgrade | Outperform → Neutral | Get Alert |
| 10/05/2022 | Buy Now | -33.32% | Deutsche Bank | Abhi Agarwal | $35 → $30 | Maintains | Hold | Get Alert |
| 07/22/2022 | Buy Now | -22.2% | RBC Capital | Sam Crittenden | $46 → $35 | Maintains | Sector Perform | Get Alert |
| 07/22/2022 | Buy Now | -22.2% | Deutsche Bank | Abhi Agarwal | $37 → $35 | Maintains | Hold | Get Alert |
| 07/19/2022 | Buy Now | -46.65% | Barclays | Matthew Murphy | $29 → $24 | Maintains | Underweight | Get Alert |
| 07/14/2022 | Buy Now | 2.24% | Goldman Sachs | — | $54 → $46 | Maintains | Buy | Get Alert |
| 07/13/2022 | Buy Now | -37.76% | Citigroup | Alexander Hacking | $48 → $28 | Downgrade | Buy → Neutral | Get Alert |
| 07/07/2022 | Buy Now | — | Wolfe Research | Timna Tanners | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 07/07/2022 | Buy Now | -17.76% | Deutsche Bank | Abhi Agarwal | $38 → $37 | Maintains | Hold | Get Alert |
| 06/29/2022 | Buy Now | -15.54% | Deutsche Bank | Liam Fitzpatrick | $47 → $38 | Maintains | Hold | Get Alert |
| 06/23/2022 | Buy Now | -33.32% | Morgan Stanley | Carlos De Alba | $39 → $30 | Maintains | Equal-Weight | Get Alert |
| 06/09/2022 | Buy Now | -15.54% | Credit Suisse | Curt Woodworth | $32 → $38 | Upgrade | Underperform → Neutral | Get Alert |
| 04/25/2022 | Buy Now | -13.31% | Morgan Stanley | Carlos De Alba | $43 → $39 | Maintains | Equal-Weight | Get Alert |
| 04/22/2022 | Buy Now | 24.47% | BMO Capital | David Gagliano | $62 → $56 | Maintains | Outperform | Get Alert |
| 04/22/2022 | Buy Now | 4.47% | Deutsche Bank | Abhi Agarwal | $50 → $47 | Maintains | Hold | Get Alert |
| 04/22/2022 | Buy Now | 4.47% | RBC Capital | Sam Crittenden | $46 → $47 | Maintains | Sector Perform | Get Alert |
| 04/05/2022 | Buy Now | 11.14% | Deutsche Bank | Abhi Agarwal | $42 → $50 | Maintains | Hold | Get Alert |
| 03/24/2022 | Buy Now | 44.48% | Jefferies | Chris LaFemina | $58 → $65 | Maintains | Buy | Get Alert |
| 03/24/2022 | Buy Now | -4.42% | Morgan Stanley | Carlos De Alba | $34 → $43 | Maintains | Equal-Weight | Get Alert |
| 03/10/2022 | Buy Now | -6.65% | Deutsche Bank | Liam Fitzpatrick | $40 → $42 | Maintains | Hold | Get Alert |
| 03/09/2022 | Buy Now | 28.92% | Jefferies | Chris LaFemina | $55 → $58 | Maintains | Buy | Get Alert |
| 01/27/2022 | Buy Now | -11.09% | Deutsche Bank | Abhi Agarwal | $44 → $40 | Maintains | Hold | Get Alert |
| 01/18/2022 | Buy Now | 8.91% | Raymond James | Craig Stanley | $45 → $49 | Maintains | Outperform | Get Alert |
| 12/09/2021 | Buy Now | -24.43% | Morgan Stanley | Carlos De Alba | — | Maintains | Equal-Weight | Get Alert |
| 11/17/2021 | Buy Now | 4.47% | Wolfe Research | Timna Tanners | — | Initiates | → Outperform | Get Alert |
| 10/22/2021 | Buy Now | -4.42% | Deutsche Bank | — | — | Downgrade | Buy → Hold | Get Alert |
| 09/29/2021 | Buy Now | -28.87% | Morgan Stanley | Carlos De Alba | — | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Freeport-McMoRan (FCX) stock?
The latest price target for Freeport-McMoRan (NYSE:FCX) was reported by Raymond James on July 24, 2024. The analyst firm set a price target for $53.00 expecting FCX to rise to within 12 months (a possible 17.80% upside). 22 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Freeport-McMoRan (FCX)?
The latest analyst rating for Freeport-McMoRan (NYSE:FCX) was provided by Raymond James, and Freeport-McMoRan maintained their outperform rating.
When was the last upgrade for Freeport-McMoRan (FCX)?
The last upgrade for Freeport-McMoRan Inc happened on June 21, 2024 when Morgan Stanley raised their price target to $62. Morgan Stanley previously had an equal-weight for Freeport-McMoRan Inc.
When was the last downgrade for Freeport-McMoRan (FCX)?
The last downgrade for Freeport-McMoRan Inc happened on November 11, 2022 when Scotiabank changed their price target from N/A to $34 for Freeport-McMoRan Inc.
When is the next analyst rating going to be posted or updated for Freeport-McMoRan (FCX)?
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 July 24, 2024 so you should expect the next rating to be made available sometime around July 24, 2025.
Is the Analyst Rating Freeport-McMoRan (FCX) correct?
While ratings are subjective and will change, the latest Freeport-McMoRan (FCX) rating was a maintained with a price target of $54.00 to $53.00. The current price Freeport-McMoRan (FCX) is trading at is $44.99, which is out of the analyst’s predicted range.
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