Freeport-McMoran
FCX
Market cap $57.8B

40.22 USD

-0.96

2.33%

At close Jun 20, 4:00 PM EDT

After hours

40.31

+0.09

0.22%

1 day

-2.33%

5 days

0.10%

1 month

4.74%

3 months

-1.18%

6 months

3.50%

Year to date

6.18%

1 year

-18.52%

5 years

272.75%

10 years

107.32%

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 7,302 funds

0

Analysts bullish %

of 6 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: 591 | Existing positions reduced: 514

0.47% more ownership

Funds ownership: 83.83% [Q4 2024] → 84.3% (+0.47%) [Q1 2025]

0% more capital invested

Capital invested by funds: $46.7B [Q4 2024] → $46.7B (+$37.3M) [Q1 2025]

1% less first-time investments, than exits

New positions opened: 147 | Existing positions closed: 148

2% less funds holding

Funds holding: 1,455 [Q4 2024] → 1,420 (-35) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$39

3%

downside

Avg. target

$46

14%

upside

High target

$51

27%

upside

6 analyst ratings

6 positive

100%

0 neutral

0%

0 negative

0%

Scotiabank Orest Wowkodaw	19%upside $48	Sector Outperform Upgraded	16 Jun 2025
Jefferies Chris LaFemina	24%upside $50	Buy Maintained	25 Apr 2025
Wolfe Research Timna Tanners	3%downside $39	Outperform Upgraded	16 Apr 2025
UBS Daniel Major	12%upside $45	Buy Maintained	15 Apr 2025
JP Morgan Bill Peterson	4%upside $42	Overweight Maintained	10 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about FCX published over the past 30 days

Proactive Investors

Peru targets long-term mining dominance with copper, silver and zinc projects

Peru is ramping up efforts to cement its role as a global mining powerhouse, forecasting $4.8 billion in new investment in 2025 as demand for copper and other critical minerals accelerates. The Energy and Mines Ministry expects output to rise in 2025, as global producers and junior miners double down on one of the world's richest copper reserves.

Peru targets long-term mining dominance with copper, silver and zinc projects

Freeport-McMoRan: Teed Up To Benefit As Copper Shortage Is Set To Expand Soon

Freeport-McMoRan stands as a global copper leader, well-positioned to benefit from rising copper demand and persistent supply constraints. Copper's strategic importance is surging, driven by green energy, AI data centers, and infrastructure, while supply growth is limited by geological and geopolitical factors. We forecast strong revenue and EBITDA growth through 2026, supported by stable production, higher copper and gold prices, and positive operating leverage.

Freeport-McMoRan: Teed Up To Benefit As Copper Shortage Is Set To Expand Soon

Zacks Investment Research

Why Freeport-McMoRan (FCX) Outpaced the Stock Market Today

Freeport-McMoRan (FCX) reached $41.91 at the closing of the latest trading day, reflecting a +2.37% change compared to its last close.

Why Freeport-McMoRan (FCX) Outpaced the Stock Market Today

CNBC Television

Final Trade: PPRUY, AMD, UUP, FCX

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Final Trade: PPRUY, AMD, UUP, FCX

Zacks Investment Research

Why Freeport-McMoRan (FCX) is a Top Momentum 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 Momentum Stock for the Long-Term

Zacks Investment Research

Investors Heavily Search Freeport-McMoRan Inc. (FCX): Here is What You Need to 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.

Investors Heavily Search Freeport-McMoRan Inc. (FCX): Here is What You Need to Know

Is Freeport Overvalued At $42?

Freeport-McMoRan (NYSE: FCX), has experienced an increase of approximately 12% over the past month, in contrast to the S&P500 index, which has risen about 5%. What is driving this surge?

Is Freeport Overvalued At $42?

Zacks Investment Research

4 Non-Ferrous Metal Mining Stocks to Watch in a Promising Industry

The outlook of the Zacks Mining - Non Ferrous industry is promising, backed by strong demand. Stocks like FCX, CDE, LEU and ERO are poised to benefit from this.

4 Non-Ferrous Metal Mining Stocks to Watch in a Promising Industry

Zacks Investment Research

Freeport-McMoRan (FCX) Rises But Trails Market: What Investors Should Know

Freeport-McMoRan (FCX) closed the most recent trading day at $40.24, moving +0.22% from the previous trading session.

Freeport-McMoRan (FCX) Rises But Trails Market: What Investors Should Know

Investors Business Daily

FCX, Copper Shining Again On Trump Tariff News

Freeport-McMoRan and the CPER copper price ETF are both closing in on entry points amid prospects for new Trump tariffs.

FCX, Copper Shining Again On Trump Tariff News

See News Rankings

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