Freeport-McMoran
FCX
Market cap $60.5B

43.23 USD

-0.56

1.28%

At close Jul 29, 4:00 PM EDT

Pre-market

43.29

+0.06

0.14%

1 day

-1.28%

5 days

-3.20%

1 month

-0.28%

3 months

16.30%

6 months

19.16%

Year to date

14.12%

1 year

-2.59%

5 years

225.04%

10 years

245.84%

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

Materials Copper

0

Funds holding %

of 7,323 funds

0

Analysts bullish %

of 7 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

16% more repeat investments, than reductions

Existing positions increased: 593 | Existing positions reduced: 513

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

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

Low target

$48

11%

upside

Avg. target

$53

22%

upside

High target

$56

30%

upside

7 analyst ratings

4 positive

57%

3 neutral

43%

0 negative

0%

BMO Capital Katja Jancic	25%upside $54	Outperform Maintained	24 Jul 2025
Morgan Stanley Carlos De Alba	25%upside $54	Equal-Weight Downgraded	15 Jul 2025
UBS Curt Woodworth	16%upside $50	Neutral Downgraded	11 Jul 2025
Scotiabank Orest Wowkodaw	20%upside $52	Sector Outperform Maintained	9 Jul 2025
JP Morgan Bill Peterson	30%upside $56	Overweight Maintained	9 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 42 articles about FCX published over the past 30 days

Freeport-McMoRan: Re-Rating Ahead On Strong Fundamentals

Freeport-McMoRan is a compelling buy, due to strong copper demand, limited new supply, and a leading market position supporting a long-term bull thesis. Financial performance is robust, with rising margins, solid profitability, and shares trading at a discount to peers, despite superior scale and asset quality. My DCF and comparative analysis indicate a fair value of $50 per share, offering 11-12% upside, supported by conservative guidance and potential outperformance.

Freeport-McMoRan: Re-Rating Ahead On Strong Fundamentals

C3 Metals Reports Strong Copper in Soil Geochemistry at Bellas Gate Project, Jamaica

Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce results of a closely spaced soil sampling program completed over a volcanic redbed copper prospect within the northwest portion of the Bellas Gate Project, Jamaica. The Bellas Gate Project comprises three separate Special Exclusive Prospecting Licenses and totals 13,020 hectares (Figure 1).

C3 Metals Reports Strong Copper in Soil Geochemistry at Bellas Gate Project, Jamaica

Freeport-McMoRan: Why I Was Not Impressed With Q2 Results

Freeport-McMoRan delivered a strong Q2 earnings beat, but results fell short of the blowout I expected, given extremely bullish copper and gold fundamentals. Despite favorable catalysts like 50% copper tariffs and a big increase in sequential gold sales, FCX remains stuck in the $30-$50 trading range it's been in for four years. Sales guidance for Q3 is flat on copper and significantly weaker on gold and moly, raising concerns about near-term growth.

Freeport-McMoRan: Why I Was Not Impressed With Q2 Results

Why Freeport-McMoRan Stock May Hit a New High After Earnings Beat

Shares of Freeport-McMoRan Inc. NYSE: FCX are down over 1.3% after the mining company delivered a double beat in its second-quarter earnings report. This is a reversal after FCX had bounced 1.3% higher at the market open.

Why Freeport-McMoRan Stock May Hit a New High After Earnings Beat

CNBC Television

The copper market is strong with demand drivers, says Freeport-McMoran CEO Kathleen Quirk

Kathleen Quirk, Freeport McMoran CEO, joins 'Money Movers' to discuss the impact of tariffs on copper, demand for the commodity and the tailwind AI infrastructure provides.

The copper market is strong with demand drivers, says Freeport-McMoran CEO Kathleen Quirk

Proactive Investors

Freeport-McMoRan beats Q2 expectations on lower costs, strong copper sales

Freeport-McMoRan Inc (NYSE:FCX, ETR:FPMB) delivered strong financial results for the second quarter, driven by lower operating costs and higher-than-expected copper sales volumes. The company posted earnings per share of $0.54, above estimates of $0.45, while revenue of $7.58 billion beat the consensus $7.19 billion.

Freeport-McMoRan beats Q2 expectations on lower costs, strong copper sales

Freeport-McMoRan Inc. (FCX) Q2 2025 Earnings Call Transcript

Freeport-McMoRan Inc. (NYSE:FCX ) Q2 2025 Earnings Conference Call July 23, 2025 10:00 AM ET Company Participants David Joint - Vice President of Investor Relations Kathleen Lynne Quirk - CEO, President & Director Maree E. Robertson - Executive VP & CFO Mark Jerome Johnson - President & COO of Freeport-McMoRan Indonesia Richard Carl Adkerson - Chief Executive Officer of Freeport- Mcmoran Inc & President of Freeport- Mcmoran Inc Stephen T.

Freeport-McMoRan Inc. (FCX) Q2 2025 Earnings Call Transcript

The Motley Fool

Freeport-McMoRan Revenue Jumps 15% in Q2

Freeport-McMoRan Revenue Jumps 15% in Q2

Freeport-McMoRan Revenue Jumps 15% in Q2

Zacks Investment Research

FCX's Q2 Earnings Surpass Estimates on Higher Copper Prices

FCX beats Q2 estimates as higher copper and gold prices drive revenue and earnings growth despite lower production.

FCX's Q2 Earnings Surpass Estimates on Higher Copper Prices

Zacks Investment Research

Freeport-McMoRan (FCX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Freeport-McMoRan (FCX) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Freeport-McMoRan (FCX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

See News Rankings

Charts implemented using Lightweight Charts™