Freeport-McMoRan, Inc. (FCX)
NYSE:FCX
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FCX Stock Chart & Stats
$70.21
$0.63(1.63%)
At close: 4:00 PM EST
$70.21
$0.63(1.63%)
Day’s Range― - ―
52-Week Range$35.15 - $72.09
Previous CloseN/A
Volume4.80M
Average Volume (3M)13.59M
Market Cap
$98.34B
Enterprise Value$100.85B
Total Cash (Recent Filing)$4.02B
Total Debt (Recent Filing)$10.40B
Price to Earnings (P/E)36.1
Beta1.76
Next Earnings
Jul 16, 2026EPS Estimate
0.59Next Dividend Ex-DateN/A
Dividend Yield1.25%
Share Statistics
EPS (TTM)1.88
Shares Outstanding1,437,559,800
10 Day Avg. Volume14,325,860
30 Day Avg. Volume13,593,076
Financial Highlights & Ratios
PEG Ratio1.98
Price to Book (P/B)3.88
Price to Sales (P/S)2.85
P/FCF Ratio65.67
Enterprise Value/Market Cap1.03
Enterprise Value/Revenue3.82
Enterprise Value/Gross Profit13.73
Enterprise Value/Ebitda10.51
Forecast
1Y Price Target
$71.43Price Target Upside1.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)2.67
Revenue Forecast (FY)$28.33B
Bulls Say, Bears Say
Bulls Say
Balance-sheet ResilienceFreeport’s improving equity base and manageable debt ratios provide durable financial flexibility. That strength supports large sustaining and growth capex, funds remediation work and shields operations from commodity swings, reducing refinancing and liquidity risk over the medium term.
Strong Cash GenerationConsistent multi-billion dollar operating and free cash flow gives Freeport capacity to fund discretionary projects, sustain shareholder returns and absorb temporary cost shocks. Even with cyclicality, cash conversion underpins capital allocation and long-term project funding.
Meaningful Long-term Growth OptionalityThe leach initiative and other organic projects (El Abra, Arizona brownfields, U.S. growth) represent scalable, lower-cost copper supply optionality. Realizing these would materially raise low-cost production, diversify project mix, and extend cash-flow upside independent of short-term Grasberg timing.
Bears Say
Grasberg Material-handling BottlenecksOperational bottlenecks at Grasberg have reduced near-term throughput and prompted a multi-year volume downgrade. Delayed ramping shifts expected cash flows, raises per-unit costs while remediation proceeds, and creates execution risk for one of the company’s largest long-lived assets.
Higher Unit-cost PressureA sustained step-up in energy and consumable costs directly compresses margins per pound and reduces incremental free cash flow. If elevated input prices persist, profitability and the returns on growth projects will be meaningfully lower than prior multi-year peaks.
Processing Capacity And Timing RiskDownstream smelter standby, higher idle-cost accounting and incremental remediation capex add structural timing risk. These constraints limit concentrate processing, raise reported unit costs, and can defer sales and cash realization until repairs and vendor deliveries complete.
Freeport-McMoRan News
FCX FAQ
What was Freeport-McMoRan, Inc.’s price range in the past 12 months?
Freeport-McMoRan, Inc. lowest stock price was $35.15 and its highest was $72.09 in the past 12 months.
What is Freeport-McMoRan, Inc.’s market cap?
Freeport-McMoRan, Inc.’s market cap is $98.34B.
When is Freeport-McMoRan, Inc.’s upcoming earnings report date?
Freeport-McMoRan, Inc.’s upcoming earnings report date is Jul 16, 2026 which is in 30 days.
How were Freeport-McMoRan, Inc.’s earnings last quarter?
Freeport-McMoRan, Inc. released its earnings results on Apr 23, 2026. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.466 by $0.104.
Is Freeport-McMoRan, Inc. overvalued?
According to Wall Street analysts Freeport-McMoRan, Inc.’s price is currently Undervalued.
Does Freeport-McMoRan, Inc. pay dividends?
Freeport-McMoRan, Inc. pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 1.25%. See more information on Freeport-McMoRan, Inc. dividends here
What is Freeport-McMoRan, Inc.’s EPS estimate?
Freeport-McMoRan, Inc.’s EPS estimate is 0.59.
How many shares outstanding does Freeport-McMoRan, Inc. have?
Freeport-McMoRan, Inc. has 1,437,559,800 shares outstanding.
What happened to Freeport-McMoRan, Inc.’s price movement after its last earnings report?
Freeport-McMoRan, Inc. reported an EPS of $0.57 in its last earnings report, beating expectations of $0.466. Following the earnings report the stock price went down -12.621%.
Which hedge fund is a major shareholder of Freeport-McMoRan, Inc.?
Currently, no hedge funds are holding shares in FCX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Freeport-McMoRan Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$71.43 (1.74% Upside)
$71.43 (1.74% Upside)
Blogger Sentiment
Bullish
FCX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
68.05%
12-Months-Change
Fundamentals
Return on Equity
14.52%
Trailing 12-Months
Asset Growth
5.03%
Trailing 12-Months
Company Description
Freeport-McMoRan, Inc.
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
FCX Company Deck
FCX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a mix of material near-term operational challenges at Grasberg and industry-wide input-cost pressures, but emphasized strong portfolio diversity, significant growth options (notably leach scaling, El Abra and Bagdad), a solid balance sheet, an insurance recovery, and meaningful recent operating gains in the U.S. Management characterized Grasberg issues as timing and engineering challenges (not resource loss), with concrete mitigation plans and only modest incremental capex. Given the magnitude of long-term value drivers and current financial strength versus the primarily timing-related setbacks, the tone is constructive with manageable near-term headwinds.View all FCX earnings summariesFCX Revenue Breakdown
24.35% Copper Concentrate
31.44% Copper Cathode
17.05% Rod and other refined copper products
1.73% Purchased copper
15.05% Gold
7.59% Molybdenum
-1.37% Royalty expense
2.81% Embedded derivatives
2.89% Silver and other
-1.30% PTFI export duties
-0.24% Treatment charges
FCX Stock 12 Month Forecast
Average Price Target
$71.43
▲(1.74% Upside)
Technical Analysis
Ownership Overview
0.60% Insiders
22.32% Mutual Funds
21.44% Other Institutional Investors
32.93% Public Companies and Individual Investors