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.
1calculated from analyst ratings
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 |
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.
The latest analyst rating for Freeport-McMoRan (NYSE:FCX) was provided by Scotiabank, and Freeport-McMoRan maintained their sector perform rating.
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.
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.
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.
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.
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