Freeport-McMoran
FCX
Market cap $66.6B

46.36 USD

-0.85

1.80%

At close Jul 11, 4:00 PM EDT

After hours

46.36

+0.00

0.00%

1 day

-1.80%

5 days

2.45%

1 month

13.05%

3 months

39.01%

6 months

17.64%

Year to date

22.39%

1 year

-10.00%

5 years

256.07%

10 years

174.00%

About: Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

Employees: 28,500

Materials Copper

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

73% more funds holding in top 10

Funds holding in top 10: 15 [Q4 2024] → 26 (+11) [Q1 2025]

60% more call options, than puts

Call options by funds: $2.9B | Put options by funds: $1.81B

15% more repeat investments, than reductions

Existing positions increased: 592 | Existing positions reduced: 514

0.65% more ownership

Funds ownership: 83.83% [Q4 2024] → 84.48% (+0.65%) [Q1 2025]

0% more capital invested

Capital invested by funds: $46.7B [Q4 2024] → $46.8B (+$134M) [Q1 2025]

0% more first-time investments, than exits

New positions opened: 148 | Existing positions closed: 148

2% less funds holding

Funds holding: 1,455 [Q4 2024] → 1,422 (-33) [Q1 2025]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$39

16%

downside

Avg. target

$50

7%

upside

High target

$56

21%

upside

8 analyst ratings

6 positive

75%

2 neutral

25%

0 negative

0%

UBS Curt Woodworth	8%upside $50	Neutral Downgraded	11 Jul 2025
Scotiabank Orest Wowkodaw	12%upside $52	Sector Outperform Maintained	9 Jul 2025
JP Morgan Bill Peterson	21%upside $56	Overweight Maintained	9 Jul 2025
Stifel Paul Forward	21%upside $56	Buy Initiated	9 Jul 2025
Citigroup Alexander Hacking	4%upside $48	Neutral Maintained	8 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 27 articles about FCX published over the past 30 days

Freeport McMoRan, Southern Copper Stocks Rise. Trump Reveals 50% Tariff Start Date.

A shift to more domestic production could take years. Copper prices and mining stocks are rising.

Freeport McMoRan, Southern Copper Stocks Rise. Trump Reveals 50% Tariff Start Date.

Freeport-McMoRan shares rise on Trump's 50% copper tariffs: why is it a ‘top pick'

Shares of US-based copper giant Freeport-McMoRan climbed 3.75% to $47.30 in premarket trading on Wednesday, as investors reacted to a new 50% tariff on imported copper announced by former President Donald Trump.

Freeport-McMoRan shares rise on Trump's 50% copper tariffs: why is it a ‘top pick'

Buy this stock if you want copper exposure, analyst says

Freeport-McMoRan's stock is J.P. Morgan's ‘top pick' for investors who want exposure to copper.

Buy this stock if you want copper exposure, analyst says

24/7 Wall Street

2 Copper Stocks Poised to Profit After Trump Imposes 50% Tariff on Imports

Key Points in This Article: President Trump's just-announced 50% tariff on copper imports aims to boost domestic production, causing a 13% surge in U.S.

2 Copper Stocks Poised to Profit After Trump Imposes 50% Tariff on Imports

Zacks Investment Research

Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know

Freeport-McMoRan (FCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know

Proactive Investors

Trump plans 50% tariff on copper; Freeport shares jump

US President Donald Trump said Tuesday he plans to impose a 50% tariff on copper as part of a sweeping set of sector-specific trade measures targeting metals, semiconductors, and pharmaceuticals. Copper futures in New York surged as much as 17% following the remarks, marking the largest intraday gain since at least 1988.

Trump plans 50% tariff on copper; Freeport shares jump

Zacks Investment Research

Freeport-McMoRan (FCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Freeport-McMoRan (FCX) concluded the recent trading session at $45.13, signifying a -1.46% move from its prior day's close.

Freeport-McMoRan (FCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Broadcom, Freeport-McMoRan and 12 Other Stocks That Have Come Too Far Too Fast

More volatile, relatively economically sensitive stocks are most at risk.

Broadcom, Freeport-McMoRan and 12 Other Stocks That Have Come Too Far Too Fast

Why Freeport-McMoRan Is The Copper King in a Tight Market

Industry analysts are intensifying their discussion, and the message is clear: the world is facing a structural, long-term copper shortage. This trend will not resolve itself anytime soon; it is a fundamental market shift driven by powerful, irreversible forces.

Why Freeport-McMoRan Is The Copper King in a Tight Market

The Smartest Dividend Stocks To Own For What's Coming

Asking 'why' repeatedly is crucial for investors to understand the root causes of macroeconomic shifts and avoid being blind sided by market disruptions. The current U.S. policy shift favors growth over inflation control, increasing risks of higher inflation and short-term debt refinancing challenges. Given these risks, I recommend increasing exposure to real assets, REITs, and cyclical value stocks for inflation protection and potential outperformance.

The Smartest Dividend Stocks To Own For What's Coming

See News Rankings

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