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An announcement from Freeport-McMoRan ( (FCX) ) is now available.
In the second quarter of 2025, Freeport-McMoRan reported strong financial performance with net income attributable to common stock totaling $772 million. The company exceeded its sales guidance for copper and gold, benefiting from favorable pricing. Significant milestones included the startup of a new copper smelter in Indonesia and advancements in copper leaching initiatives. Freeport-McMoRan maintained a strong financial position with operating cash flows of $2.2 billion and capital expenditures of $1.3 billion, reinforcing its commitment to growth and efficiency.
The most recent analyst rating on (FCX) stock is a Hold with a $58.00 price target. To see the full list of analyst forecasts on Freeport-McMoRan stock, see the FCX Stock Forecast page.
Spark’s Take on FCX Stock
According to Spark, TipRanks’ AI Analyst, FCX is a Outperform.
Freeport-McMoRan’s overall stock score is driven by strong technical indicators and positive earnings call guidance, indicating robust future sales and operational improvements. Financial performance is solid but challenged by cash flow management, while valuation metrics suggest potential overvaluation.
To see Spark’s full report on FCX stock, click here.
More about Freeport-McMoRan
Freeport-McMoRan is a leading international mining company primarily engaged in the extraction of copper, gold, and molybdenum. The company operates globally with a strong focus on large-scale production and innovative growth opportunities, positioning itself as a key player in the mining industry.
Average Trading Volume: 13,104,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: $65.78B
See more data about FCX stock on TipRanks’ Stock Analysis page.