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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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/14/2025 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $40 → $43 | Maintains | Sector Perform | Get Alert |
04/25/2025 | Buy Now | — | Jefferies | Chris LaFemina58% | $48 → $50 | Maintains | Buy | Get Alert |
04/16/2025 | Buy Now | — | Wolfe Research | Timna Tanners67% | → $39 | Upgrade | Peer Perform → Outperform | Get Alert |
04/15/2025 | Buy Now | — | UBS | Daniel Major52% | $52 → $45 | Maintains | Buy | Get Alert |
04/10/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $52 → $42 | Maintains | Overweight | Get Alert |
04/07/2025 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $45 → $40 | Maintains | Sector Perform | Get Alert |
04/04/2025 | Buy Now | — | Raymond James | Brian MacArthur52% | $49 → $51 | Maintains | Outperform | Get Alert |
03/20/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $48 → $52 | Upgrade | Neutral → Overweight | Get Alert |
03/06/2025 | Buy Now | — | Deutsche Bank | Abhi Agarwal57% | $47 → $47 | Upgrade | Hold → Buy | Get Alert |
02/27/2025 | Buy Now | — | Jefferies | Chris LaFemina58% | $40 → $48 | Upgrade | Hold → Buy | Get Alert |
01/24/2025 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $48 → $45 | Maintains | Sector Perform | Get Alert |
01/24/2025 | Buy Now | — | BMO Capital | Katja Jancic46% | $54 → $50 | Maintains | Outperform | Get Alert |
01/24/2025 | Buy Now | — | Jefferies | Chris LaFemina58% | $48 → $40 | Downgrade | Buy → Hold | Get Alert |
01/16/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $55 → $48 | Maintains | Neutral | Get Alert |
01/07/2025 | Buy Now | — | Bernstein | Bob Brackett66% | $51 → $46 | Downgrade | Outperform → Market Perform | Get Alert |
01/06/2025 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $52 → $48 | Maintains | Sector Perform | Get Alert |
01/06/2025 | Buy Now | — | Jefferies | Chris LaFemina58% | $60 → $48 | Maintains | Buy | Get Alert |
10/23/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $53 → $52 | Maintains | Sector Perform | Get Alert |
10/23/2024 | Buy Now | — | Raymond James | Brian MacArthur52% | $55 → $57 | Maintains | Outperform | Get Alert |
10/15/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $53 → $55 | Maintains | Neutral | Get Alert |
10/08/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $52 → $53 | Maintains | Sector Perform | Get Alert |
09/30/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | → $52 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
09/23/2024 | Buy Now | — | Raymond James | Brian MacArthur52% | $53 → $55 | Maintains | Outperform | Get Alert |
09/19/2024 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $60 → $58 | Maintains | Overweight | Get Alert |
09/04/2024 | Buy Now | — | UBS | Daniel Major52% | $54 → $55 | Upgrade | Neutral → Buy | Get Alert |
08/19/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $58 → $52 | Maintains | Sector Outperform | Get Alert |
07/24/2024 | Buy Now | — | Raymond James | Brian MacArthur52% | $54 → $53 | Maintains | Outperform | Get Alert |
07/24/2024 | Buy Now | — | RBC Capital | Sam Crittenden71% | $60 → $60 | Reiterates | Sector Perform → Sector Perform | Get Alert |
07/24/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $60 → $58 | Maintains | Sector Outperform | Get Alert |
06/21/2024 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $49.5 → $62 | Upgrade | Equal-Weight → Overweight | Get Alert |
05/30/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $53 → $60 | Maintains | Sector Outperform | Get Alert |
05/14/2024 | Buy Now | — | UBS | Curt Woodworth65% | $41 → $54 | Maintains | Neutral | Get Alert |
04/25/2024 | Buy Now | — | Argus Research | David Coleman61% | $44 → $54 | Maintains | Buy | Get Alert |
04/24/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $55 → $53 | Maintains | Sector Outperform | Get Alert |
04/24/2024 | Buy Now | — | Raymond James | Brian MacArthur52% | $49.5 → $54 | Maintains | Outperform | Get Alert |
04/24/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $52 → $51 | Maintains | Neutral | Get Alert |
04/17/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $43 → $52 | Maintains | Neutral | Get Alert |
04/09/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $48 → $55 | Maintains | Sector Outperform | Get Alert |
04/09/2024 | Buy Now | — | B of A Securities | Lawson Winder50% | → $59 | Upgrade | Neutral → Buy | Get Alert |
01/25/2024 | Buy Now | — | RBC Capital | Sam Crittenden71% | $55 → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
01/04/2024 | Buy Now | — | Raymond James | Brian MacArthur52% | $42 → $43 | Maintains | Outperform | Get Alert |
12/13/2023 | Buy Now | — | UBS | Andreas Bokkenheuser62% | $42 → $41 | Maintains | Neutral | Get Alert |
12/07/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $41 → $40 | Maintains | Equal-Weight | Get Alert |
10/20/2023 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $48 → $47 | Maintains | Sector Outperform | Get Alert |
10/20/2023 | Buy Now | — | BMO Capital | David Gagliano51% | $47 → $45 | Maintains | Outperform | Get Alert |
10/20/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $44 → $41 | Maintains | Equal-Weight | Get Alert |
10/17/2023 | Buy Now | — | JP Morgan | Bill Peterson45% | → $42 | Initiates | → Neutral | Get Alert |
09/21/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $38.5 → $44 | Maintains | Equal-Weight | Get Alert |
07/21/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $38.5 → $38.5 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/06/2023 | Buy Now | — | Citigroup | Alexander Hacking66% | → $46 | Reiterates | Neutral → Neutral | Get Alert |
06/29/2023 | Buy Now | — | Bernstein | Bob Brackett66% | → $41 | Initiates | → Market Perform | Get Alert |
06/22/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $35 → $38.5 | Maintains | Equal-Weight | Get Alert |
04/24/2023 | Buy Now | — | RBC Capital | Sam Crittenden71% | → $50 | Reiterates | → Sector Perform | Get Alert |
04/24/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $37 → $35 | Maintains | Equal-Weight | Get Alert |
04/21/2023 | Buy Now | — | Barclays | Matthew Murphy78% | $24 → $29 | Maintains | Underweight | Get Alert |
03/14/2023 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | $41 → $50 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
02/27/2023 | Buy Now | — | UBS | Andreas Bokkenheuser62% | $32 → $41 | Maintains | Neutral | Get Alert |
01/31/2023 | Buy Now | — | Raymond James | Brian MacArthur52% | $40 → $48 | Maintains | Outperform | Get Alert |
01/26/2023 | Buy Now | — | Citigroup | Alexander Hacking66% | $44 → $46 | Maintains | Neutral | Get Alert |
01/26/2023 | Buy Now | — | RBC Capital | Sam Crittenden71% | $40 → $47 | Maintains | Sector Perform | Get Alert |
11/11/2022 | Buy Now | — | Scotiabank | Orest Wowkodaw62% | → $34 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
10/21/2022 | Buy Now | — | RBC Capital | Sam Crittenden71% | $35 → $34 | Maintains | Sector Perform | Get Alert |
10/13/2022 | Buy Now | — | Goldman Sachs | Emily Chieng65% | $45 → $39 | Maintains | Buy | Get Alert |
10/06/2022 | Buy Now | — | Exane BNP Paribas | Jatinder Goel7% | → $29 | Downgrade | Outperform → Neutral | Get Alert |
10/05/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal57% | $35 → $30 | Maintains | Hold | Get Alert |
07/22/2022 | Buy Now | — | RBC Capital | Sam Crittenden71% | $46 → $35 | Maintains | Sector Perform | Get Alert |
07/22/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal57% | $37 → $35 | Maintains | Hold | Get Alert |
07/19/2022 | Buy Now | — | Barclays | Matthew Murphy78% | $29 → $24 | Maintains | Underweight | Get Alert |
07/14/2022 | Buy Now | — | Goldman Sachs | — | $54 → $46 | Maintains | Buy | Get Alert |
07/13/2022 | Buy Now | — | Citigroup | Alexander Hacking66% | $48 → $28 | Downgrade | Buy → Neutral | Get Alert |
07/07/2022 | Buy Now | — | Wolfe Research | Timna Tanners67% | — | Downgrade | Outperform → Peer Perform | Get Alert |
07/07/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal57% | $38 → $37 | Maintains | Hold | Get Alert |
06/29/2022 | Buy Now | — | Deutsche Bank | Liam Fitzpatrick37% | $47 → $38 | Maintains | Hold | Get Alert |
06/23/2022 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $39 → $30 | Maintains | Equal-Weight | Get Alert |
06/09/2022 | Buy Now | — | Credit Suisse | Curt Woodworth65% | $32 → $38 | Upgrade | Underperform → Neutral | Get Alert |
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.
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 April 16, 2025 when Wolfe Research raised their price target to $39. Wolfe Research previously had a peer perform for Freeport-McMoRan Inc.
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.
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.
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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