Consensus Rating1
Buy
Highest Price Target1
$60.00
Lowest Price Target1
$29.00
Consensus Price Target1
$45.61

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

Freeport-McMoRan Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Freeport-McMoRan Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
2
2
Jan
1
Feb
2
Mar
5
Apr
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Jefferies
Wolfe Research
UBS
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Freeport-McMoRan

Buy NowGet Alert
05/14/2025Buy NowScotiabank
Orest Wowkodaw62%
$40 → $43MaintainsSector PerformGet Alert
04/25/2025Buy NowJefferies
Chris LaFemina58%
$48 → $50MaintainsBuyGet Alert
04/16/2025Buy NowWolfe Research
Timna Tanners67%
→ $39UpgradePeer Perform → OutperformGet Alert
04/15/2025Buy NowUBS
Daniel Major52%
$52 → $45MaintainsBuyGet Alert
04/10/2025Buy NowJP Morgan
Bill Peterson45%
$52 → $42MaintainsOverweightGet Alert
04/07/2025Buy NowScotiabank
Orest Wowkodaw62%
$45 → $40MaintainsSector PerformGet Alert
04/04/2025Buy NowRaymond James
Brian MacArthur52%
$49 → $51MaintainsOutperformGet Alert
03/20/2025Buy NowJP Morgan
Bill Peterson45%
$48 → $52UpgradeNeutral → OverweightGet Alert
03/06/2025Buy NowDeutsche Bank
Abhi Agarwal57%
$47 → $47UpgradeHold → BuyGet Alert
02/27/2025Buy NowJefferies
Chris LaFemina58%
$40 → $48UpgradeHold → BuyGet Alert
01/24/2025Buy NowScotiabank
Orest Wowkodaw62%
$48 → $45MaintainsSector PerformGet Alert
01/24/2025Buy NowBMO Capital
Katja Jancic46%
$54 → $50MaintainsOutperformGet Alert
01/24/2025Buy NowJefferies
Chris LaFemina58%
$48 → $40DowngradeBuy → HoldGet Alert
01/16/2025Buy NowJP Morgan
Bill Peterson45%
$55 → $48MaintainsNeutralGet Alert
01/07/2025Buy NowBernstein
Bob Brackett66%
$51 → $46DowngradeOutperform → Market PerformGet Alert
01/06/2025Buy NowScotiabank
Orest Wowkodaw62%
$52 → $48MaintainsSector PerformGet Alert
01/06/2025Buy NowJefferies
Chris LaFemina58%
$60 → $48MaintainsBuyGet Alert
10/23/2024Buy NowScotiabank
Orest Wowkodaw62%
$53 → $52MaintainsSector PerformGet Alert
10/23/2024Buy NowRaymond James
Brian MacArthur52%
$55 → $57MaintainsOutperformGet Alert
10/15/2024Buy NowJP Morgan
Bill Peterson45%
$53 → $55MaintainsNeutralGet Alert
10/08/2024Buy NowScotiabank
Orest Wowkodaw62%
$52 → $53MaintainsSector PerformGet Alert
09/30/2024Buy NowScotiabank
Orest Wowkodaw62%
→ $52DowngradeSector Outperform → Sector PerformGet Alert
09/23/2024Buy NowRaymond James
Brian MacArthur52%
$53 → $55MaintainsOutperformGet Alert
09/19/2024Buy NowMorgan Stanley
Carlos De Alba71%
$60 → $58MaintainsOverweightGet Alert
09/04/2024Buy NowUBS
Daniel Major52%
$54 → $55UpgradeNeutral → BuyGet Alert
08/19/2024Buy NowScotiabank
Orest Wowkodaw62%
$58 → $52MaintainsSector OutperformGet Alert
07/24/2024Buy NowRaymond James
Brian MacArthur52%
$54 → $53MaintainsOutperformGet Alert
07/24/2024Buy NowRBC Capital
Sam Crittenden71%
$60 → $60ReiteratesSector Perform → Sector PerformGet Alert
07/24/2024Buy NowScotiabank
Orest Wowkodaw62%
$60 → $58MaintainsSector OutperformGet Alert
06/21/2024Buy NowMorgan Stanley
Carlos De Alba71%
$49.5 → $62UpgradeEqual-Weight → OverweightGet Alert
05/30/2024Buy NowScotiabank
Orest Wowkodaw62%
$53 → $60MaintainsSector OutperformGet Alert
05/14/2024Buy NowUBS
Curt Woodworth65%
$41 → $54MaintainsNeutralGet Alert
04/25/2024Buy NowArgus Research
David Coleman61%
$44 → $54MaintainsBuyGet Alert
04/24/2024Buy NowScotiabank
Orest Wowkodaw62%
$55 → $53MaintainsSector OutperformGet Alert
04/24/2024Buy NowRaymond James
Brian MacArthur52%
$49.5 → $54MaintainsOutperformGet Alert
04/24/2024Buy NowJP Morgan
Bill Peterson45%
$52 → $51MaintainsNeutralGet Alert
04/17/2024Buy NowJP Morgan
Bill Peterson45%
$43 → $52MaintainsNeutralGet Alert
04/09/2024Buy NowScotiabank
Orest Wowkodaw62%
$48 → $55MaintainsSector OutperformGet Alert
04/09/2024Buy NowB of A Securities
Lawson Winder50%
→ $59UpgradeNeutral → BuyGet Alert
01/25/2024Buy NowRBC Capital
Sam Crittenden71%
$55 → $55ReiteratesSector Perform → Sector PerformGet Alert
01/04/2024Buy NowRaymond James
Brian MacArthur52%
$42 → $43MaintainsOutperformGet Alert
12/13/2023Buy NowUBS
Andreas Bokkenheuser62%
$42 → $41MaintainsNeutralGet Alert
12/07/2023Buy NowMorgan Stanley
Carlos De Alba71%
$41 → $40MaintainsEqual-WeightGet Alert
10/20/2023Buy NowScotiabank
Orest Wowkodaw62%
$48 → $47MaintainsSector OutperformGet Alert
10/20/2023Buy NowBMO Capital
David Gagliano51%
$47 → $45MaintainsOutperformGet Alert
10/20/2023Buy NowMorgan Stanley
Carlos De Alba71%
$44 → $41MaintainsEqual-WeightGet Alert
10/17/2023Buy NowJP Morgan
Bill Peterson45%
→ $42Initiates → NeutralGet Alert
09/21/2023Buy NowMorgan Stanley
Carlos De Alba71%
$38.5 → $44MaintainsEqual-WeightGet Alert
07/21/2023Buy NowMorgan Stanley
Carlos De Alba71%
$38.5 → $38.5ReiteratesEqual-Weight → Equal-WeightGet Alert
07/06/2023Buy NowCitigroup
Alexander Hacking66%
→ $46ReiteratesNeutral → NeutralGet Alert
06/29/2023Buy NowBernstein
Bob Brackett66%
→ $41Initiates → Market PerformGet Alert
06/22/2023Buy NowMorgan Stanley
Carlos De Alba71%
$35 → $38.5MaintainsEqual-WeightGet Alert
04/24/2023Buy NowRBC Capital
Sam Crittenden71%
→ $50Reiterates → Sector PerformGet Alert
04/24/2023Buy NowMorgan Stanley
Carlos De Alba71%
$37 → $35MaintainsEqual-WeightGet Alert
04/21/2023Buy NowBarclays
Matthew Murphy78%
$24 → $29MaintainsUnderweightGet Alert
03/14/2023Buy NowScotiabank
Orest Wowkodaw62%
$41 → $50UpgradeSector Perform → Sector OutperformGet Alert
02/27/2023Buy NowUBS
Andreas Bokkenheuser62%
$32 → $41MaintainsNeutralGet Alert
01/31/2023Buy NowRaymond James
Brian MacArthur52%
$40 → $48MaintainsOutperformGet Alert
01/26/2023Buy NowCitigroup
Alexander Hacking66%
$44 → $46MaintainsNeutralGet Alert
01/26/2023Buy NowRBC Capital
Sam Crittenden71%
$40 → $47MaintainsSector PerformGet Alert
11/11/2022Buy NowScotiabank
Orest Wowkodaw62%
→ $34DowngradeSector Outperform → Sector PerformGet Alert
10/21/2022Buy NowRBC Capital
Sam Crittenden71%
$35 → $34MaintainsSector PerformGet Alert
10/13/2022Buy NowGoldman Sachs
Emily Chieng65%
$45 → $39MaintainsBuyGet Alert
10/06/2022Buy NowExane BNP Paribas
Jatinder Goel7%
→ $29DowngradeOutperform → NeutralGet Alert
10/05/2022Buy NowDeutsche Bank
Abhi Agarwal57%
$35 → $30MaintainsHoldGet Alert
07/22/2022Buy NowRBC Capital
Sam Crittenden71%
$46 → $35MaintainsSector PerformGet Alert
07/22/2022Buy NowDeutsche Bank
Abhi Agarwal57%
$37 → $35MaintainsHoldGet Alert
07/19/2022Buy NowBarclays
Matthew Murphy78%
$29 → $24MaintainsUnderweightGet Alert
07/14/2022Buy NowGoldman Sachs$54 → $46MaintainsBuyGet Alert
07/13/2022Buy NowCitigroup
Alexander Hacking66%
$48 → $28DowngradeBuy → NeutralGet Alert
07/07/2022Buy NowWolfe Research
Timna Tanners67%
DowngradeOutperform → Peer PerformGet Alert
07/07/2022Buy NowDeutsche Bank
Abhi Agarwal57%
$38 → $37MaintainsHoldGet Alert
06/29/2022Buy NowDeutsche Bank
Liam Fitzpatrick37%
$47 → $38MaintainsHoldGet Alert
06/23/2022Buy NowMorgan Stanley
Carlos De Alba71%
$39 → $30MaintainsEqual-WeightGet Alert
06/09/2022Buy NowCredit Suisse
Curt Woodworth65%
$32 → $38UpgradeUnderperform → NeutralGet Alert

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 May 14, 2025. The analyst firm set a price target for $43.00 expecting FCX to rise to within 12 months (a possible 11.49% upside). 31 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 April 16, 2025 when Wolfe Research raised their price target to $39. Wolfe Research previously had a peer perform for Freeport-McMoRan Inc.

Q

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

A

The last downgrade for Freeport-McMoRan Inc happened on January 24, 2025 when Jefferies changed their price target from $48 to $40 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 May 14, 2025 so you should expect the next rating to be made available sometime around May 14, 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 $40.00 to $43.00. The current price Freeport-McMoRan (FCX) is trading at is $38.57, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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