FCX icon

Freeport-McMoran

45.09 USD
-0.21
0.46%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
45.33
+0.24
0.53%
1 day
-0.46%
5 days
0.49%
1 month
8%
3 months
8.99%
6 months
14.12%
Year to date
19.03%
1 year
4.54%
5 years
164.77%
10 years
274.19%
 

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 650,000 ounces then due to falling production at Grasberg.

Employees: 28,500

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

71% more first-time investments, than exits

New positions opened: 195 | Existing positions closed: 114

14% more repeat investments, than reductions

Existing positions increased: 595 | Existing positions reduced: 524

13% more capital invested

Capital invested by funds: $46.8B [Q1] → $53B (+$6.19B) [Q2]

4% more funds holding

Funds holding: 1,433 [Q1] → 1,494 (+61) [Q2]

0.56% more ownership

Funds ownership: 84.51% [Q1] → 85.07% (+0.56%) [Q2]

0% more call options, than puts

Call options by funds: $2.03B | Put options by funds: $2.02B

15% less funds holding in top 10

Funds holding in top 10: 26 [Q1] → 22 (-4) [Q2]

Research analyst outlook

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

Low target
$48
6% upside
Avg. target
$53
17% upside
High target
$56
24% upside

7 analyst ratings

positive
57%
neutral
43%
negative
0%
BMO Capital
Katja Jancic
$54
Outperform
Maintained
24 Jul 2025
Morgan Stanley
Carlos De Alba
$54
Equal-Weight
Downgraded
15 Jul 2025
UBS
Curt Woodworth
$50
Neutral
Downgraded
11 Jul 2025
Scotiabank
Orest Wowkodaw
$52
Sector Outperform
Maintained
9 Jul 2025
JP Morgan
Bill Peterson
$56
Overweight
Maintained
9 Jul 2025

Financial journalist opinion

Based on 19 articles about FCX published over the past 30 days

Positive
Zacks Investment Research
12 hours ago
Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know
Freeport-McMoRan (FCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know
Neutral
GlobeNewsWire
3 days ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Freeport-McMoran Inc. - FCX
NEW YORK, Sept. 14, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX).
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Freeport-McMoran Inc. - FCX
Neutral
PRNewsWire
4 days ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Freeport-McMoran Inc. - FCX
NEW YORK , Sept. 13, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Freeport-McMoran Inc. ("Freeport" or the "Company") (NYSE: FCX).
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Freeport-McMoran Inc. - FCX
Positive
Zacks Investment Research
5 days ago
Here's Why Freeport-McMoRan (FCX) is a Strong Momentum Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why Freeport-McMoRan (FCX) is a Strong Momentum Stock
Neutral
Business Wire
6 days ago
Freeport Provides Update on PT Freeport Indonesia Operations
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that expert teams continue to work around the clock to locate seven PT Freeport Indonesia (PTFI) team members whose access routes in the Grasberg Block Cave were blocked following the previously reported September 8 mud flow incident. Extensive efforts are ongoing to clear access routes to the service level of the mine where the seven contractors were working at the time of the incident. The wet material entered the mine through dra.
Freeport Provides Update on PT Freeport Indonesia Operations
Neutral
Business Wire
6 days ago
FCX Investors Have Opportunity to Join Freeport-McMoRan Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $FCX--FCX Investors Have Opportunity to Join Freeport-McMoRan Inc. Fraud Investigation with the Schall Law Firm.
FCX Investors Have Opportunity to Join Freeport-McMoRan Inc. Fraud Investigation with the Schall Law Firm
Negative
Forbes
7 days ago
FCX Stock Slides 6% On Copper Mega-Merger. What Next?
Mining giant Freeport-McMoRan (FCX) stock fell 5.9% on Tuesday after rival Anglo American agreed to acquire Canada's Teck Resources for $53 billion, marking the sector's second-largest M&A deal and creating one of the world's biggest copper miners. The merger highlights intensifying competition in the copper market, where demand is rising on the back of electric vehicles, renewable energy, and artificial intelligence.
FCX Stock Slides 6% On Copper Mega-Merger. What Next?
Neutral
Business Wire
8 days ago
Freeport Reports on PT Freeport Indonesia Operations
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced that on Monday, September 8 at approximately 10 p.m. local time in Central Papua, Indonesia, a large flow of wet material from a production drawpoint occurred at one of five production blocks in the Grasberg Block Cave underground mine. The incident blocked access to certain areas within the mine, restricting evacuation routes for seven team members. The location of the workers is known, and they are believed to be safe. Crews are working.
Freeport Reports on PT Freeport Indonesia Operations
Negative
Forbes
12 days ago
Buy Or Sell Freeport Stock At $45?
Freeport-McMoRan (NYSE:FCX) has increased by 19% year-to-date, but the stock is increasingly perceived as Unattractive due to its moderate operational performance and financial condition. While there is strength in copper prices and improving demand influenced by electrification and renewable energy trends, the company's operational leverage leaves it highly vulnerable to commodity fluctuations, and even slight declines in copper prices could significantly impact earnings.
Buy Or Sell Freeport Stock At $45?
Positive
Zacks Investment Research
16 days ago
Why Freeport-McMoRan (FCX) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Why Freeport-McMoRan (FCX) is a Top Value Stock for the Long-Term
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