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NYSE: FCX
Freeport Mcmoran Inc Stock Forecast, Predictions & Price Target

Analyst price target for FCX

Based on 8 analysts offering 12 month price targets for Freeport Mcmoran Inc.
Min Forecast
$40.00-19.37%
Avg Forecast
$48.75-1.73%
Max Forecast
$59.00+18.93%

Should I buy or sell FCX stock?

Based on 8 analysts offering ratings for Freeport Mcmoran Inc.
Buy
Strong Buy
1 analysts 12.5%
Buy
3 analysts 37.5%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FCX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-01-25
lockedlocked$00.00+00.00%2024-01-04
HoldMaintains$41.00-17.36%2023-12-13
Morgan Stanley
Top 5%
96
HoldMaintains$40.00-19.37%2023-12-07
BMO Capital
Bottom 12%
12
BuyMaintains$45.00-9.29%2023-10-20

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Forecast return on equity

Is FCX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36%

Forecast return on assets

Is FCX forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

FCX revenue forecast

What is FCX's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$24.1B+5.3%
Avg 2 year Forecast
$24.7B+8.03%
Avg 3 year Forecast
$24.9B+9.13%
FCX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FCX earnings growth forecast

How is FCX forecast to perform vs Copper companies and vs the US market?
Company
30.58%
Industry
25.72%
Market
21.89%
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FCX revenue growth forecast

How is FCX forecast to perform vs Copper companies and vs the US market?
Company
3.06%
Industry
4.7%
Market
10.06%
FCX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FCX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FCX vs Copper Stocks

TickerPricePrice TargetUp/downsideConsensus
FCX$49.61$48.75-1.73%Buy
SCCO$113.43$79.20-30.18%Sell
HBM$7.79$9.75+25.16%Strong Buy
ERO$20.14N/AN/A
IE$10.60$14.50+36.79%Buy

Freeport Mcmoran Stock Forecast FAQ

Is Freeport Mcmoran Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: FCX) stock is to Buy FCX stock.

Out of 8 analysts, 1 (12.5%) are recommending FCX as a Strong Buy, 3 (37.5%) are recommending FCX as a Buy, 4 (50%) are recommending FCX as a Hold, 0 (0%) are recommending FCX as a Sell, and 0 (0%) are recommending FCX as a Strong Sell.

If you're new to stock investing, here's how to buy Freeport Mcmoran stock.

What is FCX's revenue growth forecast for 2024-2026?

(NYSE: FCX) Freeport Mcmoran's forecast annual revenue growth rate of 3.06% is not forecast to beat the US Copper industry's average forecast revenue growth rate of 4.7%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Freeport Mcmoran's revenue in 2024 is $22,855,000,000.On average, 5 Wall Street analysts forecast FCX's revenue for 2024 to be $34,521,709,351,137, with the lowest FCX revenue forecast at $32,637,452,462,692, and the highest FCX revenue forecast at $37,495,871,803,240. On average, 5 Wall Street analysts forecast FCX's revenue for 2025 to be $35,417,124,831,539, with the lowest FCX revenue forecast at $33,385,568,481,858, and the highest FCX revenue forecast at $37,617,898,412,130.

In 2026, FCX is forecast to generate $35,776,774,202,616 in revenue, with the lowest revenue forecast at $34,853,313,157,250 and the highest revenue forecast at $37,240,528,352,143.

What is FCX's forecast return on assets (ROA) for 2024-2027?

(NYSE: FCX) forecast ROA is N/A, which is lower than the forecast US Copper industry average of N/A.

What is FCX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year FCX price target, the average FCX price target is $48.75, with the highest FCX stock price forecast at $59.00 and the lowest FCX stock price forecast at $40.00.

On average, Wall Street analysts predict that Freeport Mcmoran's share price could fall to $48.75 by Apr 17, 2025. The average Freeport Mcmoran stock price prediction forecasts a potential downside of 1.73% from the current FCX share price of $49.61.

What is FCX's forecast return on equity (ROE) for 2024-2027?

(NYSE: FCX) forecast ROE is N/A, which is considered weak.
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