Freeport-McMoRan Inc (FCX) Stock Down 6.3% but Still Overvalued -- GF Score: 84/100
On October 22, 2026, Freeport-McMoRan Inc (FCX) shares fell 6.3%, closing at $64.59. This decline continues a challenging trend, with the stock down 12.9% over
FCX - Freeport-McMoRan Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$73.67
DETAILS
HIGH:
$88.00
LOW:
$47.00
MEDIAN:
$75.00
CONSENSUS:
$73.67
UPSIDE:
14.06%
Stock News
Countdown to Freeport-McMoRan (FCX) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Get a deeper insight into the potential performance of Freeport-McMoRan (FCX) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Here is What to Know Beyond Why Freeport-McMoRan Inc. (FCX) is a Trending Stock
Zacks.com users have recently been watching Freeport-McMoRan (FCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Rare Earths vs. Copper: Should You Buy MP Materials or Freeport-McMoRan?
Rare-earth elements are crucial for magnets used in many modern technologies, while copper is a key metal in the power grid. MP Materials offers high-growth exposure to U.S.-produced rare earths, supported by long-term contracts and price protections.
Freeport-McMoRan (FCX) Stock Sinks As Market Gains: What You Should Know
Freeport-McMoRan (FCX) concluded the recent trading session at $68.87, signifying a -1.26% move from its prior day's close.
Freeport-McMoRan (FCX) Earnings Expected to Grow: Should You Buy?
Freeport-McMoRan (FCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Are Basic Materials Stocks Lagging FreeportMcMoRan (FCX) This Year?
Here is how Freeport-McMoRan (FCX) and Steel Dynamics (STLD) have performed compared to their sector so far this year.
Freeport-McMoRan (FCX) Is Considered a Good Investment by Brokers: Is That True?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
4 Charts That Explain the Copper Supply Crunch Investors Should Watch
Growing demand from AI data centers, electric vehicles, renewable energy, and electrification is set to underline the case for buying copper and copper stocks in the future.
Freeport-McMoRan Inc. $FCX Stock Sold by Annex Advisory Services LLC
Annex Advisory Services LLC lowered its stake in Freeport-McMoRan Inc. (NYSE: FCX) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 745,957 shares of the natural resource company's stock after selling 10,287 shares during the period.
29,163 Freeport-McMoRan Inc. $FCX Shares Purchased by Banque Pictet & Cie SA
Banque Pictet and Cie SA lifted its position in Freeport-McMoRan Inc. (NYSE: FCX) by 14.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 224,858 shares of the natural resource company's stock after purchasing an additional 29,163 shares during the quarter.
Freeport-McMoRan: Grasberg Is Back On Schedule
Freeport-McMoRan looks undervalued relative to current copper prices, with the stock pricing in roughly $5.70 copper, about 13% below spot. Grasberg is running slightly ahead of its revised plan, and FCX reaffirmed its target of 80% capacity by mid-2027 and near-full capacity by year-end 2027. Using a 7.0x EV/EBITDA multiple on about $20B of average 2027/2028 EBITDA at $6.50/lb copper, with partners' stakes (NCI) included in EV, I get an $85 target, about 22% upside.
5 Copper and Precious Metals Stocks Likely to Beat Q3 Estimates
Five mining and precious-metals royalty companies, FCX, FNV, LUNMF, OR and WPM are poised to beat third-quarter 2026 earnings estimates as elevated metal prices support growth.
First Citizens Bank & Trust Co. Buys 20,358 Shares of Freeport-McMoRan Inc. $FCX
First Citizens Bank and Trust Co. lifted its position in shares of Freeport-McMoRan Inc. (NYSE: FCX) by 207.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,176 shares of the natural resource company's stock after buying an additional 20,358 shares during
Freeport-McMoRan (FCX) Falls More Steeply Than Broader Market: What Investors Need to Know
Freeport-McMoRan (FCX) closed at $69.6 in the latest trading session, marking a -3.89% move from the prior day.
Sax Wealth Advisors LLC Acquires New Holdings in Freeport-McMoRan Inc. $FCX
Sax Wealth Advisors LLC bought a new stake in shares of Freeport-McMoRan Inc. (NYSE: FCX) during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,631 shares of the natural resource company's stock, valued at approximately $2,494,000. Several other hedge funds also recently
The AI Boom Has a Copper Problem, and Here's One Stock the Smart Money Is Betting On
Tom Yeung here with your Sunday Digest . Plenty of folks know that copper is an essential metal for electronics.
Could Buying Freeport-McMoRan (FCX) Stock Today Set You Up for Life?
Freeport-McMoRan is a major copper producer. Its shares seem overvalued at recent levels, though.
2 Copper Stocks to Buy and Hold as the Market Tightens
Two leading copper miners offer very different ways to play a tightening market. See how growth, costs, reserves, valuation, and execution risk shape the upside case.
Freeport-McMoRan (FCX) Suffers a Larger Drop Than the General Market: Key Insights
Freeport-McMoRan (FCX) closed at $71.14 in the latest trading session, marking a -1% move from the prior day.
Price Targets
Freeport-McMoRan price target raised to $88 from $77 at UBS
$88.00
(was $71.86)
UBS
Freeport-McMoRan price target raised to $75 from $70 at Morgan Stanley
$75.00
(was $71.28)
Carlos De Alba
·
Morgan Stanley
Freeport-McMoRan price target raised to $83 from $82 at Barclays
$83.00
(was $72.62)
Barclays
Freeport-McMoRan price target lowered to $47 from $50 at Bernstein
$47.00
(was $76.63)
Bernstein
Freeport-McMoRan price target raised to $82 from $80 at Barclays
$82.00
(was $62.62)
Richard Garchitorena
·
Barclays
Freeport-McMoRan price target raised to $73 from $70 at RBC Capital
$73.00
(was $61.87)
RBC Capital
Freeport-McMoRan upgraded to Overweight from Equal Weight at Wells Fargo
$70.00
(was $63.53)
Timna Tanners
·
Wells Fargo
BMO Capital Reiterates Outperform Rating on Freeport-McMoRan (FCX)
$78.00
(was $62.46)
Katja Jancic
·
BMO Capital
Freeport-McMoRan price target raised to $80 from $77 at Barclays
$80.00
(was $60.89)
Barclays
Freeport-McMoRan price target lowered to $74 from $75 at Goldman Sachs
$74.00
(was $57.48)
Goldman Sachs
Freeport-McMoRan price target raised to $77 from $75 at UBS
$77.00
(was $62.49)
UBS
Freeport-McMoRan price target raised to $58.50 from $53.50 at Bernstein
$58.50
(was $64.25)
Bernstein
Freeport-McMoRan initiated with an Overweight at Barclays
$77.00
(was $62.31)
Barclays
Freeport-McMoRan price target raised to $75 from $74 at UBS
$75.00
(was $60.99)
Daniel Major
·
UBS
Freeport-McMoRan price target raised to $74 from $66 at UBS
$74.00
(was $61.83)
UBS
Freeport-McMoRan downgraded to Equal Weight from Overweight at Morgan Stanley
$66.00
(was $61.48)
Morgan Stanley
Freeport-McMoRan price target lowered to $75 from $76 at Jefferies
$75.00
(was $61.48)
Jefferies
Freeport-McMoRan price target raised to $72 from $58 at Deutsche Bank
$72.00
(was $68.73)
Deutsche Bank
Freeport-McMoRan price target raised to $77 from $64 at Wells Fargo
$77.00
(was $68.31)
Wells Fargo
Freeport-McMoRan price target lowered to $71 from $72 at Scotiabank
$71.00
(was $68.09)
Scotiabank