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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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03/20/2025 | Buy Now | — | JP Morgan | Bill Peterson44% | $48 → $52 | Upgrade | Neutral → Overweight | Get Alert |
03/06/2025 | Buy Now | — | Deutsche Bank | Abhi Agarwal58% | $47 → $47 | Upgrade | Hold → Buy | Get Alert |
02/27/2025 | Buy Now | — | Jefferies | Chris LaFemina59% | $40 → $48 | Upgrade | Hold → Buy | Get Alert |
01/24/2025 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $48 → $45 | Maintains | Sector Perform | Get Alert |
01/24/2025 | Buy Now | — | BMO Capital | Katja Jancic49% | $54 → $50 | Maintains | Outperform | Get Alert |
01/24/2025 | Buy Now | — | Jefferies | Chris LaFemina59% | $48 → $40 | Downgrade | Buy → Hold | Get Alert |
01/16/2025 | Buy Now | — | JP Morgan | Bill Peterson44% | $55 → $48 | Maintains | Neutral | Get Alert |
01/07/2025 | Buy Now | — | Bernstein | Bob Brackett70% | $51 → $46 | Downgrade | Outperform → Market Perform | Get Alert |
01/06/2025 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $52 → $48 | Maintains | Sector Perform | Get Alert |
01/06/2025 | Buy Now | — | Jefferies | Chris LaFemina59% | $60 → $48 | Maintains | Buy | Get Alert |
10/23/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $53 → $52 | Maintains | Sector Perform | Get Alert |
10/23/2024 | Buy Now | — | Raymond James | Brian MacArthur50% | $55 → $57 | Maintains | Outperform | Get Alert |
10/15/2024 | Buy Now | — | JP Morgan | Bill Peterson44% | $53 → $55 | Maintains | Neutral | Get Alert |
10/08/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $52 → $53 | Maintains | Sector Perform | Get Alert |
09/30/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | → $52 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
09/23/2024 | Buy Now | — | Raymond James | Brian MacArthur50% | $53 → $55 | Maintains | Outperform | Get Alert |
09/19/2024 | Buy Now | — | Morgan Stanley | Carlos De Alba72% | $60 → $58 | Maintains | Overweight | Get Alert |
09/04/2024 | Buy Now | — | UBS | Daniel Major56% | $54 → $55 | Upgrade | Neutral → Buy | Get Alert |
08/19/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $58 → $52 | Maintains | Sector Outperform | Get Alert |
07/24/2024 | Buy Now | — | Raymond James | Brian MacArthur50% | $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 Wowkodaw61% | $60 → $58 | Maintains | Sector Outperform | Get Alert |
06/21/2024 | Buy Now | — | Morgan Stanley | Carlos De Alba72% | $49.5 → $62 | Upgrade | Equal-Weight → Overweight | Get Alert |
05/30/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $53 → $60 | Maintains | Sector Outperform | Get Alert |
05/14/2024 | Buy Now | — | UBS | Curt Woodworth68% | $41 → $54 | Maintains | Neutral | Get Alert |
04/25/2024 | Buy Now | — | Argus Research | David Coleman63% | $44 → $54 | Maintains | Buy | Get Alert |
04/24/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $55 → $53 | Maintains | Sector Outperform | Get Alert |
04/24/2024 | Buy Now | — | Raymond James | Brian MacArthur50% | $49.5 → $54 | Maintains | Outperform | Get Alert |
04/24/2024 | Buy Now | — | JP Morgan | Bill Peterson44% | $52 → $51 | Maintains | Neutral | Get Alert |
04/17/2024 | Buy Now | — | JP Morgan | Bill Peterson44% | $43 → $52 | Maintains | Neutral | Get Alert |
04/09/2024 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $48 → $55 | Maintains | Sector Outperform | Get Alert |
04/09/2024 | Buy Now | — | B of A Securities | Lawson Winder53% | → $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 MacArthur50% | $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 Alba72% | $41 → $40 | Maintains | Equal-Weight | Get Alert |
10/20/2023 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $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 Alba72% | $44 → $41 | Maintains | Equal-Weight | Get Alert |
10/17/2023 | Buy Now | — | JP Morgan | Bill Peterson44% | → $42 | Initiates | → Neutral | Get Alert |
09/21/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba72% | $38.5 → $44 | Maintains | Equal-Weight | Get Alert |
07/21/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba72% | $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 Brackett70% | → $41 | Initiates | → Market Perform | Get Alert |
06/22/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba72% | $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 Alba72% | $37 → $35 | Maintains | Equal-Weight | Get Alert |
04/21/2023 | Buy Now | — | Barclays | Matthew Murphy77% | $24 → $29 | Maintains | Underweight | Get Alert |
03/14/2023 | Buy Now | — | Scotiabank | Orest Wowkodaw61% | $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 MacArthur50% | $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 Wowkodaw61% | → $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 Chieng66% | $45 → $39 | Maintains | Buy | Get Alert |
10/06/2022 | Buy Now | — | Exane BNP Paribas | Jatinder Goel8% | → $29 | Downgrade | Outperform → Neutral | Get Alert |
10/05/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal58% | $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 Agarwal58% | $37 → $35 | Maintains | Hold | Get Alert |
07/19/2022 | Buy Now | — | Barclays | Matthew Murphy77% | $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 Tanners68% | — | Downgrade | Outperform → Peer Perform | Get Alert |
07/07/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal58% | $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 Alba72% | $39 → $30 | Maintains | Equal-Weight | Get Alert |
06/09/2022 | Buy Now | — | Credit Suisse | Curt Woodworth68% | $32 → $38 | Upgrade | Underperform → Neutral | Get Alert |
04/25/2022 | Buy Now | — | Morgan Stanley | Carlos De Alba72% | $43 → $39 | Maintains | Equal-Weight | Get Alert |
04/22/2022 | Buy Now | — | BMO Capital | David Gagliano51% | $62 → $56 | Maintains | Outperform | Get Alert |
04/22/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal58% | $50 → $47 | Maintains | Hold | Get Alert |
04/22/2022 | Buy Now | — | RBC Capital | Sam Crittenden71% | $46 → $47 | Maintains | Sector Perform | Get Alert |
04/05/2022 | Buy Now | — | Deutsche Bank | Abhi Agarwal58% | $42 → $50 | Maintains | Hold | Get Alert |
The latest price target for Freeport-McMoRan (NYSE:FCX) was reported by JP Morgan on March 20, 2025. The analyst firm set a price target for $52.00 expecting FCX to rise to within 12 months (a possible 35.77% upside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Freeport-McMoRan (NYSE:FCX) was provided by JP Morgan, and Freeport-McMoRan upgraded their overweight rating.
The last upgrade for Freeport-McMoRan Inc happened on March 20, 2025 when JP Morgan raised their price target to $52. JP Morgan previously had a neutral 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 March 20, 2025 so you should expect the next rating to be made available sometime around March 20, 2026.
While ratings are subjective and will change, the latest Freeport-McMoRan (FCX) rating was a upgraded with a price target of $48.00 to $52.00. The current price Freeport-McMoRan (FCX) is trading at is $38.30, which is out of the analyst’s predicted range.
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